(Bloomberg) -- The U.S. government raised its estimate for the price of gasoline at the pump during the peak demand summer season by 5 percent because of refinery shutdowns and increased global demand.
Regular gasoline in the U.S. will average $2.95 a gallon from April through September, up from $2.81 a gallon estimated in April, the Energy Department said in its monthly Short-Term Energy Outlook. Prices last summer averaged $2.84.
Read more at Bloomberg Energy News
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