U.S. retail gasoline prices this summer to be highest since 2014: EIA

HOUSTON, April 12 (Xinhua) -- The U.S. Energy Information Administration (EIA) forecast in a report on Tuesday that U.S. prices for retail gasoline will average 3.84 U.S. dollars per gallon this summer (April to September), up from 3.06 dollars per gallon from last summer and becoming the highest price adjusted for inflation since the summer of 2014.

In its April's Short-Term Energy Outlook (STEO), EIA expected retail diesel prices for this summer will average 4.57 dollars per gallon, also the highest inflation-adjusted price for the summer since 2014.