Gas & Oil News
The jump in prices at the pump over the weekend was a "Supper Sticker Price Shock"!
The National Average Price for a Gallon of Regular Unleaded Gasoline increased 7.1 cents a gallon since Friday to a record $2.484 a gallon.
Light Crude Oil sold at $67.00 and settled at $66.27 down 59 cents a barrel from Friday. Don't let this little hick-up in the price of Crude Oil fool you into thinking it is a sign of relief. US Gasoline Inventories have dropped Two weeks in a row and US Refineries are struggling to keep up with the heavy summer driving season demand.
Refinery Woes Fuel Oil Price Spiral:
http://www.smartmoney.com/bn/ON/index.cfm?story=ON-20050814-000284-1943
AAA: Gas prices leap to record:
http://money.cnn.com/2005/08/15/news/economy/gas_prices/index.htm
For the Best Ways to Save Gasoline & Money:
www.BetterGasMileage.com
Davitte’ Lanier
Petroleum Industry Analyst
The National Average Price for a Gallon of Regular Unleaded Gasoline increased 7.1 cents a gallon since Friday to a record $2.484 a gallon.
Light Crude Oil sold at $67.00 and settled at $66.27 down 59 cents a barrel from Friday. Don't let this little hick-up in the price of Crude Oil fool you into thinking it is a sign of relief. US Gasoline Inventories have dropped Two weeks in a row and US Refineries are struggling to keep up with the heavy summer driving season demand.
Refinery Woes Fuel Oil Price Spiral:
http://www.smartmoney.com/bn/ON/index.cfm?story=ON-20050814-000284-1943
AAA: Gas prices leap to record:
http://money.cnn.com/2005/08/15/news/economy/gas_prices/index.htm
For the Best Ways to Save Gasoline & Money:
www.BetterGasMileage.com
Davitte’ Lanier
Petroleum Industry Analyst
posted by bettergasmileage @ 4:31 PM
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