Better Gas Mileage

The rising price of gasoline is reducing our buying power and there is little we can do about that. But what we can do is, get more miles out of the gas we buy. Getting better gas mileage & gasoline conservation is our only way out of this dilemma! I have started this Blog to inform people about what they can do to conserve gasoline and the current issues in the petroleum industry that may affect the price of gasoline. Davitte' Lanier, Petroleum Industry Analyst

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Monday, May 09, 2005

Gas & Oil News

The National Average for Unleaded Regular dropped a whopping 2.3 Cents to $2.185 a gallon with Crude Oil moving up closing at $52.33 per barrel. Gasoline going down and Crude Oil moving up in the same day, is not uncommon because there is a one and sometimes two-week time delay between the price of Crude Oil and it's effect on Gasoline. Further more Gasoline Inventories and Refinery Production also play a major roll in the price of Gasoline!
With the beginning of the summer driving season just about to begin, I don't see this slight drop in the price of Gas as a sign of any near term relief on the price of Gasoline!
Davitte’ Lanier
Petroleum Industry Analyst

posted by bettergasmileage @ 1:39 PM  

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