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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Friday, May 20, 2005

Gas & Oil News

The National Average for Unleaded Regular is still moving down. Thursday it dropped to $2.143 (6/10th's of a Cent) and today it dropped another 1/2 Cent to $2.138 a gallon at the pump. This is a pleasant surprise as we approach the Memorial Day Weekend.
Crude oil is doing a little dance around $49.05 on the high side, and sold as low as $48.10, settling at $48.65 per barrel. This may be a median price range for both crude oil and gasoline for the near term.
The Growth-Driven Oil-Price Increase:
http://www.nationalreview.com/nrof_canto/canto_ghia200503310855.asp
Davitte’ Lanier
Petroleum Industry Analyst

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