11. Demand for gasoline has been strong and refiners are running at full capacity, even though the height of the driving season has not yet begun. 12. Demand for gasoline is expected to drop in weeks to come now that the traditional summer driving season in the U.S. is over. 13. Even then, relief may not arrive in time for the summer driving season. 14. Finally, energy stocks, long in the doldrums, perked up as oil prices rose and the approach of the summer driving season pushed up gasoline prices. 15. Gasoline fell on speculation that an industry report will show U.S. demand is fading with the end of the summer driving season. 16. Gasoline futures surged after a larger-than-expected drop in U.S. inventories signaled demand is strong as the peak warm-weather driving season gets underway. 17. Gas prices tend to rise at the beginning of the summer driving season, which begins after Memorial Day. 18. Gasoline futures rose amid speculation that a report will show U.S. gasoline inventories declined last week even as refiners built up supplies for the summer driving season. 19. Gasoline seesawed this week as selling by speculators anticipating lower demand as the summer driving season nears an end alternated with buying by oil traders concerned about low supplies. 20. Fuel prices tend to rise before the summer driving season begins in the U.S. which tends to boost the consumption of gasoline. |