Subscribe free to our newsletters via your
. Space Industry and Business News .




OIL AND GAS
AAA: Gas prices moving lower
by Daniel J. Graeber
Washington (UPI) Apr 2, 2015


disclaimer: image is for illustration purposes only

If crude oil prices remain low as expected, the national average price for a gallon of gasoline in the United States will drift back toward $2, AAA said.

The national average retail price of $2.40 per gallon has stayed relatively unchanged for a month. The price on this date in 2014 was $3.56 per gallon. AAA said it doesn't expect the price to move above the $3 mark this year.

"There is a real hope that gas prices could drop significantly in time for the busy summer driving season," AAA spokesman Avery Ash said in a statement. "The overall outlook looks good for drivers, and with any luck we will avoid the types of problems that often lead to higher gas prices at this time of year."

In early January, the national average price for a gallon of regular unleaded gasoline was $2.05. Half of all states reported averages below the $2 mark, with Missouri on Jan. 20 posting the lowest price at $1.76 per gallon.

Crude oil prices in January drifted below the $50 per barrel mark, less than half of the June value. A modest increase in those prices, coupled with a series of refinery issues in West Coast and Midwest markets, is in part responsible for the increase in prices at the pump.

AAA said most of the seasonal refinery issues are over and, by May 1, they'll have completed the switch over to a summer-blend of gasoline, which is more expensive to make because of stricter environmental safeguards.

"Gas prices in most places are still relatively cheap and we have not seen the national average jump at the same dramatic rates that have been so common during the spring in recent years," Ash said.

The average price for a gallon of regular unleaded gas in March was $2.43 per gallon, the lowest for the month in six years. The motor club said the average U.S. household is saving more than $100 per month on gasoline because of lower prices.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
NRDC: Oil, gas violations largely unreported
New York (UPI) Apr 2, 2015
A report from the Natural Resources Defense Council finds "it is virtually certain" oil and gas violations are never reported because of inadequate enforcement. NRDC published a report Thursday that says not all violations of oil and natural gas safeguards are detected. "It is virtually certain that some violations are never detected due to inadequate enforcement resources," the ... read more


OIL AND GAS
Study reveals novel technique for handling molecules

Twisted nanofibers create structures tougher than bulletproof vests

A method to simplify pictures makes chemistry calculations a snap

Metals used in high-tech products face future supply risks

OIL AND GAS
Rockwell Collins intros new military communications system

NATO country orders tactical radios

Unfurlable Mesh Antennas Deployed On Third MUOS Satellite

Harris continues engineering support for government communications

OIL AND GAS
Soyuz Installed at Baikonur, Expected to Launch Wednesday

Soyuz ready March 27 flight to deploy two Galileo navsats

UAE Moves to Purchase Russian Spacecraft Launch Platform

Russia Launches Satan Missile With S Korean Kompsat 3A Satellite

OIL AND GAS
India Launches Fourth Satellite in Effort to Develop Own Navigation System

Europe resumes Galileo satnav deployment

Countdown Begins for ISRO's Navigation Satellite Launch

Europe poised to launch more navigation satellites

OIL AND GAS
KAI preferred bidder for new Korean Air Force jet

Thailand admits 'urgent' need to improve aviation safety

Australia commissions MH-60R Seahawk training simulator

Dutch seek BUK missile witnesses in MH17 crash probe

OIL AND GAS
Next important step toward quantum computer

Superfast computers a step closer as a silicon chip's quantum capabilities are improved

'Goldilocks material' could change spintronics

Twisted light increases efficiency of quantum cryptography systems

OIL AND GAS
UK data hub will maximize benefits of Europe's EO program

US and UAE Ink Bilateral Space Cooperation

Space Radar Helps Track Underground Water Pollution Risk

New NASA Mission to Study Ocean Color, Airborne Particles and Clouds

OIL AND GAS
Models in gas masks highlight Indonesian environmental devastation

Lisbon, Luxembourg rank Europe's worst for pollution fight: study

Air pollutants may bolster airborne allergens

Paris forces even-numbered cars off roads to fight smog




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.