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U.S. retail gasoline price at record $3.72/gln-EIA

Tue May 13, 2008 1:43am IST
 
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WASHINGTON, May 12 (Reuters) - U.S. drivers dug deeper in their pockets to fill up at the pump, as the average price for gasoline skyrocketed 10.9 cents over the last week to a new record of $3.72 a gallon, the federal Energy Information Administration said on Monday.

The national price for regular, self-service gasoline is up 62 cents from a year ago due to soaring crude oil prices that hit a record $126.40 a barrel at the New York Mercantile Exchange on Monday. (Reporting by Tom Doggett)

Russian Finance Minister Alexey Kudrin poses with his G20 colleagues and central bank leaders during the family photo at the G20 Finance Ministers meeting at a hotel in St. Andrews, Scotland. REUTERS/POOL New
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