Subscribe free to our newsletters via your
. Energy 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
Latin America divided between oil and green energy

Residential research poor foundation for sustainable development

New Zealand breaks renewable energy record

Energy company Eneco is heating homes with computer servers

OIL AND GAS
Squeeze to remove heat with elastocaloric materials

New technology converts packing peanuts to battery components

Superconductivity breakthroughs

You can't play checkers with charge ordering

OIL AND GAS
Cornell deploys dual ZephIR lidars for more accurate turbulence study

U.S. to fund bigger wind turbine blades

Gamesa and AREVA create the joint-venture Adwen

Time ripe for Atlantic wind, advocates say

OIL AND GAS
Dividend Solar expands accreditation program

Solar Power Network and KLD completes major Shizuoka PV rollout

Can perovskites and silicon team up to boost industrial solar cell efficiencies?

Solar Impulse lands in China after 22-hour flight from Myanmar

OIL AND GAS
Bulgaria drops $4bn Westinghouse nuclear deal

Atomic Experts to Visit Fukushima in April to Check Contaminated Water

Japan's NRA confirms fault line under nuclear reactor on west coast active

Jordan, Russia ink deal on nuclear reactor plant

OIL AND GAS
Researchers use wastewater to grow algae for biofuels

Do biofuel policies seek to cut emissions by cutting food

Algae from clogged waterways could serve as biofuels and fertilizer

New yeast strain to enhance biofuel and biochemical production

OIL AND GAS
Chinese scientists mull power station in space

China completes second test on new carrier rocket's power system

China's Yutu rover reveals Moon's "complex" geological history

China's Space Laboratory Still Cloaked

OIL AND GAS
US renews pledge to cut emissions 26-28% by 2025

Climate fund signs up first partners

Flooding in Chilean desert region kills six

'Ice vault' idea to keep climate's time capsule intact




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.