Gas & Oil News

The National Average Price for Regular Unleaded Gasoline has ticked up one tenth of a cent to $3.042 a gallon and it seems to me that this last Price Spike has leveled off. For the near term, I believe $3 a gallon for gas will be the new Bench Mark because of the loss of Refinery Capacity in the Golf Coast Region. As that lost in Refinery Capacity comes back on line, prices at the pump should ease back a little and I mean a little. When the flow of Crude Oil and the affected Refineries are back to pre-storm levels, you may think any Pump Price under $3 a gallon is a good deal.
Time, World Events, and the Hand of Man, in the past Two weeks, have caused Tens of Millions of Americans to dig deeper in their pockets to fill up their gas tanks, then ever before!
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www.BetterGasMileage.com
Davitte’ Lanier
Petroleum Industry Analyst