United States Gasoline Fund LP (UGA)

[zsvq1p]

Gasoline makers lost money 1st Q due to high oil prices....

HONG KONG (Reuters) - Top Asia oil producer PetroChina (0857.HK: Quote, Profile, Research) and the region's No. 1 oil refiner Sinopec (0386.HK: Quote, Profile, Research) lagged forecasts with weaker first-quarter profits, as sky-high crude prices forced their refining businesses into loss.
http://www.reuters.com/articlePrint?articleId=USL2992676720080429

and

Valero 1Q profit drops on lower margins
http://ap.google.com/article/ALeqM5j0PhAg52_6FQRcZ4TKB9MX2HE7dwD90BP0E80