Thursday, June 28, 2007

California Wholesale Gasoline Prices Drop on Rising Motor Fuel Inventories

(Bloomberg) -- Gasoline in the California spot
market fell for a third day after stockpiles of the motor fuel
stored on the West Coast climbed to their highest since mid-
February.

California-blend reformulated gasoline, known as Carbob,
for prompt delivery in Los Angeles fell 2.75 cents, or 1.2
percent, to $2.33 a gallon at 3:48 p.m. New York time, according
to data compiled by Bloomberg.


Read more at Bloomberg Energy News

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