Subscribe free to our newsletters via your
. Military Space News .




OIL AND GAS
U.S. gas prices continue to drop
by Daniel J. Graeber
Washington (UPI) Apr 7, 2015


disclaimer: image is for illustration purposes only

The average U.S. price for a gallon of regular unleaded gasoline continues its steady decline as most refineries return to status quo operations, AAA said.

The motor club reports a national average retail price for a gallon of regular unleaded at $2.38, more than a full percent less than last week. The average price on this date in 2014 was $3.58.

Crude oil prices are off about 50 percent from their June highs above $100 per barrel, leading in part to a steady decline in gasoline prices.

"While prices could still rise again this spring if global crude prices rise or domestic refineries experience production issues, the timing of this seasonal peak would be within the range of recent years but the high would be significantly lower," AAA said in a weekly report.

The historic peak was $3.98 per gallon in May 2011. The price at the pump has declined for 25 of the last 30 days.

Prices increased in early 2015 because of a series of refinery problems in the West Coast and Midwest markets. AAA said most of those issues have been resolved and any major price spikes were largely prevented because crude oil prices remained low.

"Unless there are new regional refinery issues or global crude prices turn markedly higher, drivers can expect to see pump prices continue to slide leading up to the start of the summer driving season," AAA said.

South Carolina had the lowest state average price in the nation at $2.08. More than half of U.S. states posted an average price below the $2 mark in early January.


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
NRDC: Oil, gas violations largely unreported
New York (UPI) Apr 2, 2015
A report from the Natural Resources Defense Council finds "it is virtually certain" oil and gas violations are never reported because of inadequate enforcement. NRDC published a report Thursday that says not all violations of oil and natural gas safeguards are detected. "It is virtually certain that some violations are never detected due to inadequate enforcement resources," the ... read more


OIL AND GAS
Raytheon modernizing South Korean Patriot system

N. Korea says US missile system seeks to contain China, Russia

Russia warns US against sending missile defence system to South Korea

Denmark could face nuclear attack if joins missile shield

OIL AND GAS
Raytheon delivering Stinger missiles to Korea

Navy tests new production lot Tomahawk

Army tests missile launch demonstrator

Canada orders missile protection system

OIL AND GAS
Northrop Grumman company to market small unmanned helos

Heron-based UAV to be made in Brazil

France, Britain jointly contract for naval drones

Winged drones look and move like real butterflies

OIL AND GAS
Rockwell Collins intros new military communications system

NATO country orders tactical radios

Unfurlable Mesh Antennas Deployed On Third MUOS Satellite

Harris continues engineering support for government communications

OIL AND GAS
Raytheon, DRS Technologies team for advanced FLIR system

Pentagon needs to adapt to recruit top talent: Carter

Air Force orders more bomb fuzes

Squid-inspired 'invisibility stickers' could help soldiers evade detection

OIL AND GAS
Raytheon UK, Home Office settle contract dispute

UN Security Council holds Libya arms embargo in place

Raytheon, Poland's MESKO increasing collaboration

Airbus DS sells Rostock System Technik subsidiary

OIL AND GAS
Japan denies plan to join China-led development bank

Russian ships in old Arctic NATO base set alarms bells ringing

Poles, Baltics and Scandinavia rally troops as Russia growls

China former security chief charged with bribery, abuse of power

OIL AND GAS
Chemists make new silicon-based nanomaterials

UW scientists build a nanolaser using a single atomic sheet

Sharper nanoscopy

NC State researchers create 'nanofiber gusher'




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.