Motorists who have been watching gasoline prices fall might think the news can't get any better. But it has.
In its weekly petroleum status report the U.S. Energy Information Administration (EIA) says U.S. oil stockpiles increased by 7.1 million barrels last week. It's a huge jump.
“At 377.7 million barrels, U.S. crude oil inventories are near the upper limit of the average range for this time of year,” the report notes.
As the same time stockpiles of gasoli...