Because heating oil stocks are down and refineries have begun to switch more facilities to gasoline production.
Many refineries are gearing up to increase gasoline production for the summer, when more miles are driven.
He also said that about 15 percent of the nation's oil-refining capacity, which includes gasoline production, had been temporarily lost because of hurricane damage.
Engineers of an earlier period employed in gasoline production (8).
Total gasoline production in the week ended June 22, the latest period available, was 7.1 million barrels a day.
As more refiners shift from heating oil, increased gasoline production will gradually bring prices down, industry experts said.
The report also showed overall gasoline production running at a rate of 7.3 million barrels a day.
The point you raised is an important one, but it has more to do with the definition of "average" than "gasoline production".
This has prompted refiners to increase gasoline production at a time when they normally step up their output of heating oil.
That would reduce competition in gasoline production and marketing, he added.
