U.S. summer gasoline use seen up 1 percent: IEA

WASHINGTON (Reuters) – Demand for gasoline in this summer’s driving season in the United States is expected to rise an anemic 1 percent, which will help to keep the lid on fuel costs, the Energy Information Administration said Tuesday.

U.S. gasoline prices are expected to average $2.23 a gallon this summer, up from $2.05 this week but down sharply from $3.81 per gallon during last year’s summer driving season, which runs from April through September.

Gasoline consumption is expected to edge higher to 9.1 million barrels a day from 9.0 million barrels a day last summer.

Reuters