Gas prices rising across US to July 2015 levels

Gas prices rising across US to July 2015 levels

While motorists may feel powerless to stop the rising prices, they don't have to be resigned to paying what gas stations are asking.

According to EIA predictions, monthly average gasoline prices will reach a peak of $2.79/gal in May and drop to $2.65/gal in September.

"But now with oil prices recently surging up to their highest level since 2014, gas prices have followed".

The agency noted that regions can see significant differences in pricing, with monthly average prices in some areas exceeding the national average by up to 50 cents a gallon.

Gasoline prices likely will climb to multiyear highs this summer, backed largely by higher oil prices, government and industry leaders said Thursday.

Downed power line believed to have caused house fire near Amherst
While the fire isn't completely contained he says they will do their best to make sure no one's livelihood goes up in smoke. All occupants of a property in Motueka manged to escape the blaze, which occurred at 11:30pm on Friday night.

U.S. crude oil inventories increased last week, and the refining sector input 83,000 barrels per day more than the previous week's average, said the U.S. Energy Information Administration (EIA) Wednesday.

USA crude for May delivery rose 28 cents to $67.35, up more than 8 percent, or about $5, for the week, Reuters explained. DeHaan said he expects that price gap to continue for the coming weeks before beginning to narrow. Additionally, demand for gasoline remains robust at 9.2 million b/d and is more in line with demand levels at the same time in 2017.

On average, the price of fuel is the highest it has been in almost 1,000 days, according to smartphone app GasBuddy, which allows consumers to see gas prices at nearby stations. "All of this is happening at the same time when USA oil inventories are about 20% lower than they were about a year ago".

Market analysts note that oil prices have gone up in the last three days. US crude production, meanwhile, was seen at 10.69 million barrels a day this year, down 0.1% from the previous forecast.

Refineries typically take their facilities off line for spring maintenance as they prepare to produce the new blend, which is also more expensive. AAA-approved fix facilities meet and maintain high professional standards for training, equipment, cleanliness and customer service.

Related Articles

  • Pakistan SC disqualifies Nawaz Sharif for life

    Pakistan SC disqualifies Nawaz Sharif for life

    Analysts say the decision could have an impact on parliamentary elections scheduled for later this year. Such a person can not contest elections or become a member of Parliament.
    Arsenal will face Atlético Madrid in Europa League semi-finals

    Arsenal will face Atlético Madrid in Europa League semi-finals

    This season, he has appeared 30 times across all competitions and capped it with a goal. "We are in need of a keeper next year". CSKA head coach Viktor Gancharenko added: "We looked very good for 75 minutes and deservedly led".
    Trump is analyzing situation over Syria

    Trump is analyzing situation over Syria

    United States ambassador to the UN Nikki Haley said: "The world must see justice done". "We warned about this long ago", he said. Both the Russian military and the Syrian government said they would facilitate the mission and ensure the inspectors' security.
  • Trump may allow states to drug test food stamp recipients

    Trump may allow states to drug test food stamp recipients

    It would apply to about 5 percent of people in the Supplemental Nutrition Assistance Program (SNAP), according to the source. He says the benefits should be used to help people who are hooked on drugs get the treatment they need.
    Michael Cohen facilitated $1.6 million payment on behalf of GOP fundraiser

    Michael Cohen facilitated $1.6 million payment on behalf of GOP fundraiser

    Cohen is in a legal dispute over a hush agreement Daniels signed before the 2016 campaign to keep quiet about the alleged affair. Clifford received a $130,000 payment to keep quiet about an alleged affair she also had with the president in 2005.
    Knightdale man used 'assault-type weapon' in incest case killings

    Knightdale man used 'assault-type weapon' in incest case killings

    Steven Pladl picked up Bennett from his mother, who lives in Knightdale and had custody of the child, on Wednesday night. Among the dead were Steven Pladl, Katie Pladl, and an infant who authorities say was their son. "He said he's next".
  • Attention Gmail users: your emails might 'self-destruct' soon

    Attention Gmail users: your emails might 'self-destruct' soon

    Alongside a prettier inbox , Gmail has a new sidebar where you can use other G Suite apps without leaving Gmail. One thing shown that we weren't previously expecting is a new sidebar found on the far right.
    Prominent Alabama evangelist arrested on child sex charges

    Prominent Alabama evangelist arrested on child sex charges

    A total of 13 Canadians have been convicted of child pornography-related charges in connection with the investigation. By that, I mean four teachers, a doctor, a member of police staff, an A&E nurse, a priest, and a private music tutor.
    Get Help Filing Your Taxes For Free

    Get Help Filing Your Taxes For Free

    Although Americans have been regularly paying income tax for over a century, the first Tax Day fell much earlier in the year. If you live or work here, you're helping to pay for critical services like into police protection and, fire protection.
  • Brexit: Jaguar Land Rover to cut 1000 contract jobs

    Brexit: Jaguar Land Rover to cut 1000 contract jobs

    Latest employee figures say there are 3,200 people employed at the Castle Bromwich site and a further 10,000 at Solihull. Jaguar sales were down 26% to the end of March while Land Rover demand dropped 20% during the same period.
    Steve Clifford out as Hornets coach

    Steve Clifford out as Hornets coach

    It was a rough season for him in other ways - he missed 21 games because of headaches stemming from sleep deprivation. New York Knicks head coach Jeff Hornacek and Orlando Magic head coach Frank Vogel were both fired earlier this week.
    Hearing related to Federal Bureau of Investigation  raid at Trump lawyer's office set

    Hearing related to Federal Bureau of Investigation raid at Trump lawyer's office set

    We look at the legal precedent for this type of raid and what it could mean for Special Counsel Robert Mueller's investigation. Rumors continue to swirl whether Trump will fire Mueller or Rod Rosenstein , but so far the White House has not confirmed that.