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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Thursday, May 26, 2005

Gas & Oil News

Light Crude Oil sold over $50 a barrel yesterday and sold as high as $51.75 and closed at $51.01 today! The fear of possible refinery problems is on the minds of many buyers. Let's face it U.S. refineries are running flat out and can barely keep up with demand now. Reports of lower than expected Crude Oil Inventories in the U.S., as we officially begin the summer driving season, is going to push gasoline prices up again.
The National Average for Unleaded Regular is at $2.111 according to the AAA Motor Club.
Crude Oil Is Steady as Higher Refinery Output Reduces Supplies:
http://quote.bloomberg.com/apps/news?pid=10000086&sid=aTUXV.E.xVWY&refer=news_index
Davitte’ Lanier
Petroleum Industry Analyst

posted by bettergasmileage @ 2:30 PM  

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