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Notes:

• Good morning. I’m glad to be here in El Paso to share some of my agency’s insights on crude oil and gasoline prices.

• I represent the Energy Information Administration, the independent statistical and analytical agency within the Department of Energy.

• My division has the responsibility to monitor petroleum supplies and prices in the United States. As part of that work, we operate a number of surveys on a weekly, monthly, and annual basis. One of these is a weekly survey of retail gasoline prices at about 800 stations nationwide. This survey in particular allows us to observe the differences between local gasoline markets in the United States. While we track relatively few stations in the El Paso area, we have compared our price data with that collected by the El Paso City-County Health and Environmental District and found that these two data sources show the same trends.