Subscribe free to our newsletters via your
. Oil and Gas News .




OIL AND GAS
U.S. gas prices rise for 29 straight days
by Daniel J. Graeber
Washington (UPI) Feb 24, 2015


disclaimer: image is for illustration purposes only

The price per gallon for regular unleaded gasoline has increased 29 days in a row as of Tuesday because of U.S. refinery issues and commodity markets, AAA said.

AAA reports an average national retail price for a gallon of gasoline at $2.31, up about a penny from Monday and 28 cents from one month ago. Gasoline prices dropped steadily during the latter half of 2014 as oil prices traded in a bear market, though it was Jan. 26 last time prices at the pump fell.

The motor club said in a Monday report that some of the increase is tied to seasonal maintenance at U.S. refineries, which limits fuel production and crimps supplies. Refineries in late winter start making preparations to produce a summer blend of gasoline, which is more expensive to make because of additional steps needed to prevent vaporization in warmer months.

"There remains the potential for unexpected refinery problems to further impact production and cause temporary price spikes in various regions," the report stated. "Last week an explosion at the Exxon Mobil refinery in Torrance helped push up prices in California, while bitterly cold weather in the Northeast and Midwest led to a number of refinery problems in those areas."

The motor club said crude oil prices are rising, but still below historic averages, which should moderate any major swings in gasoline prices. Consumers are still saving about $1.11 per gallon year-on-year, but prices are expected to rise in the midterm.

"Ample domestic supply is expected to keep a ceiling on prices, though there is a good chance that prices will continue to rise this spring," AAA said.

Two states are posting an average price below the $2 per gallon mark: Idaho at $1.96 and Utah at $1.95. The national average price on this date in 2014 was $3.42.


Thanks for being here;
We need your help. The SpaceDaily news 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.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily 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
Oil's Survival Of The Fittest: Interview With Stan Szary
Washington DC (SPX) Feb 23, 2015
With crude oil prices collapsing and small American oil producers faced with grim choices for survival, the Darwinian nature of commodity market cycles rears its head, dictating that only the fittest will survive-and only the fittest of the fittest will thrive. As the herd of small companies that formed the backbone of the shale boom is culled, there emerges a new focus on junior players w ... read more


OIL AND GAS
India's Modi says energy pledge not based on foreign pressure

Climate summit hosts press India on emissions

Russia and DPRK May Develop $20-30 Billion Power Grid Project

Patents provide insight on Wall Street 'technology arms race'

OIL AND GAS
Leading scholar presents advances in research of electric car batteries

New paper-like material could boost electric vehicle batteries

Researchers developed a cost-effective and efficient rival for platinum

Corvus Energy orders two new battery hybrid LNG ferry systems

OIL AND GAS
New catalyst to create chemical building blocks from biomass

Electricity from biomass could make western US carbon-negative

Second Generation Biofuels Market is Expected to Reach $23.9 Billion

Understanding air pollution from biomass burners used for heating

OIL AND GAS
Areva nuclear group estimates 4.9bn euro losses

European Commission May Axe Hungary-Russia Nuclear Plant Deal

Taiwan seeks to export nuclear waste overseas

Rosatom on schedule to deliver new units for Hungary's Paks NPP

OIL AND GAS
Researcher finds evidence of climate change in ancient Northern China

Capturing and storing carbon in soil: Is it real and can it scale?

Going negative

Limited climate change accord likely in Paris: IPCC expert

OIL AND GAS
First Veefil Electric Vehicle Fast Charger installed in Brisbane goes live

Uber picks up another $1 bn from investors

Tesla, Google, Apple: is Silicon Valley the future of the US car?

Study recommends EPA labels on cost of traditional vs. hybrids, EVs

OIL AND GAS
Western volunteers rally to Iraq Christian militia

IS seizes Iraq town near US forces: Pentagon

Sunni Iraqi MPs boycott parliament after tribal chief killed

Iraqi Sunni tribal leader assassinated in Baghdad

OIL AND GAS



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.