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




OIL AND GAS
Gas prices may moderate, AAA says
by Daniel J. Graeber
Washington (UPI) Apr 28, 2015


disclaimer: image is for illustration purposes only

The U.S. national average retail price for a gallon of gas is above $2.50 for the first time in months, but the spike might not last, motor club AAA said.

AAA reports a national average price for a gallon of regular unleaded gas Tuesday at $2.55, the first time the national average stayed above the $2.50 mark in more than four months.

"Average prices have now increased by 15 cents per gallon in just two weeks," the motor club said in a weekly report, published Monday. "This recent increase has been the product of rising global crude prices, the seasonal switch to summer-blend gasoline and regional refinery issues, particularly on the West Coast."

South Carolina had the lowest state average with $2.28 per gallon. California had the highest price for Lower 48 states with $3.43 per gallon. At one point last year, more than half of all U.S. states had an average price below the $2 mark.

AAA said an improving crude oil market and preparations by refineries to switch to a summer blend of gasoline, which is more expensive to produce, is in part behind the increase in prices at the pump. The deadline to switch to summer gasoline is May 1 and the shift could make prices could up through spring.

"Following the transition to summer-blend gasoline and as refineries complete seasonal maintenance, the national average may return to below $2.50 per gallon, though much of the forecast will depend on what happens with the cost of crude oil," AAA said.

The national average price for Tuesday is still more than $1 below this date in 2014. Oil prices last year fell more than 50 percent, though have recovered somewhat during the first quarter of the year.


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




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
West African oil active despite maritime disputes
London (UPI) Apr 27, 2015
Africa-focused Tullow Oil said it was waiting for Ghana to weigh in on offshore oil after an international court decided on maritime boundary issues. The company said Monday a special tribunal on maritime issues in Hamburg ruled against the Ivory Coast in a dispute over oil exploration off the coast of West Africa. The region's deepwater Tweneboa-Enyenra-Ntomme prospect, known al ... read more


OIL AND GAS
Tethers Unlimited to recycle ISS plastic waste into 3D printer filament

Honeywell gives European Space Agency new satellite technology

How many gold atoms make gold metal?

Inventing a 2-D liquid

OIL AND GAS
U.S. Special Operations Command orders MUOS-capable radios

Thales supplying intercoms for Australian military vehicles

Army issues draft RFP for manpack radios

Rockwell Collins intros new military communications system

OIL AND GAS
SpaceX Dragon cargo ship arrives at space station

Video shows SpaceX rocket booster crash land on floating target

Russia Should Consider Launching Super-Heavy Rockets From Vostochny

Rocket tips over after SpaceX recycle attempt

OIL AND GAS
Telit GNSS module enables high-performance position reporting

China to launch three or four more BeiDou satellites this year

Two new satellites join the Galileo constellation

China launches upgraded satellite for independent SatNav system

OIL AND GAS
Dassault providing aircraft to Japan Coast Guard

Europe's Airbus wins Polish chopper deal: report

South Korea boosting Peru aviation industry: president

French aviation engine-maker opens new facility

OIL AND GAS
Control of quantum bits in silicon paves way for large quantum computers

Graphene looking promising for future spintronic devices

New understanding of electromagnetism could enable 'antennas on a chip'

Unraveling the origin of the pseudogap in a charge density wave compound

OIL AND GAS
Fast access to CryoSat's Arctic ice measurements now available

SPoRT disaster response team provides imagery for Illinois tornadoes

GOCE helps tap into sustainable energy resources

NASA, USGS Begin Work on Landsat 9 to Continue Land Imaging Legacy

OIL AND GAS
Air pollution levels drop in China: Greenpeace

Dwindling bird populations in Fukushima

India government trying to shut us down: Greenpeace

India court suspends ban on diesel vehicles in smoggy Delhi




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.