U.S. exports of refined fuels, particularly diesel, have reached all-time highs, and that's...

|By:, SA News Editor

U.S. exports of refined fuels, particularly diesel, have reached all-time highs, and that's helping keep U.S. pump prices at record levels for this time of year. Surging diesel prices have "provided incentives to refiners to shift some production away from gasoline," raising the average cost of a gallon of regular gasoline in the U.S. to $3.438, up $0.574 Y/Y and $0.327 from the old record set in 2007.