U.S. drivers could see break at the Pumps | vehicles | Scoop.it

Drivers in the United States will get the slightest of breaks on gasoline prices this summer, according to the Energy Department.World demand for oil is growing, but supplies are growing faster than demand, thanks to higher production in the U.S., Canada and elsewhere. That will keep a lid on the price of crude and gasoline.The price of Brent crude, a benchmark used to price oil used by many U.S. refineries and the most important factor in gasoline prices, is forecast to fall 4 per cent this year.

 


Via ecoInsight