U.S. gasoline to average $3.84/gal this year – EIA

Gasoline prices will remain above $4 a gallon for the rest of the year, while oil prices will continued to be pressured by the tight market for crude, the U.S. Energy Information Administration said on Tuesday.

Regular-grade gasoline in the United States is expected to average $3.84 a gallon in 2008, up from a previous forecast of $3.78 a gallon, the agency said.