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

AAA: Gas should only get cheaper
by Daniel J. Graeber
Washington (UPI) Sep 15, 2015

disclaimer: image is for illustration purposes only

A weak crude oil market and lower expected U.S. consumer demand for gasoline this autumn are expected to keep prices at the pump lower, motor club AAA said.

AAA reports a national average retail price for a gallon of regular unleaded gasoline at $2.32 for Tuesday, about 3 percent less than one week ago and 13 percent less than this date in August.

The motor club said in a weekly status report the national average price for gasoline has fallen for 29 straight days. Three states -- Alabama, Mississippi and South Carolina -- report a state-wide average below the $2-per-gallon mark.

Demand for gasoline wanes after the Labor Day holiday weekend in the United States and, by Wednesday, refineries start making a winter-blend of gasoline, which, because of fewer environmental safeguards, is cheaper to produce.

Analysis emailed from price watchdog website finds the switch to winter gasoline could translate to savings of up to 10 to 25 cents per gallon in the medium-term. The swift decline in prices leading up to Wednesday is already faster than GasBuddy analysts predicted.

"Barring any unexpected disruptions in supply or spikes in the price of crude oil, the national average is expected to keep moving lower as we head into the fall," AAA said in its report.

AAA said the low price of crude oil, down more than 50 percent from last year, translates to a de facto stimulus for most consumers. Unless there are major disruptions, like the August outage at the BP refinery in Indiana, consumers will continue to benefit from the weak crude oil market.

"The combination of lower production and higher demand is reportedly contributing to the sentiment that a bullish market could be on the longer-term horizon," the motor club said. "The price of West Texas Intermediate crude oil, the traditional U.S. benchmark, is expected to remain relatively low as seasonal refinery maintenance gets underway and demand for gasoline decreases as we enter the fall."

The national average price for Tuesday is 31 percent, or about $1, lower than this date in 2014.

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

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

Share this article via these popular social media networks DiggDigg RedditReddit GoogleGoogle

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

Stanford study proves pipeline replacement programs are effective
Stanford CA (SPX) Sep 14, 2015
Invisible gas leaks from aging or damaged pipelines cost U.S. consumers billions of dollars every year, contribute to global warming, and, in rare cases, cause dangerous explosions. But pipeline replacement programs in cities can cut natural gas leaks by 90 percent, a new Stanford-led study finds. "The surprise wasn't that replacement programs worked," said Rob Jackson, the Michelle and Kevin Do ... read more

First Ever Launch Vehicle to Be Sent to Russia's New Spaceport in Siberia

US Navy to Launch Folding-Fin Ground Attack Rocket on Scientific Mission

US Launches Atlas V Rocket With Navy Communications Satellite After Delay

FCube facility enters operations with fueling of Soyuz Fregat upper stage

Opportunity Driving West To Reach New Rock Target

One small step for man as astronaut controls robot from space

ASU instruments help scientists probe ancient Mars atmosphere

What Happened to Early Mars' Atmosphere

China aims to land Chang'e-4 probe on far side of moon

China Plans Lunar Rover For Far Side of Moon

Russia Eyes Moon for Hi-Tech Lunar Base

Russia Gets Ready for New Moon Landing

New Horizons Probes the Mystery of Charon's Red Pole

New Horizons Spacecraft begins Intensive Data Downlink Phase

New Horizons Team Selects Potential Kuiper Belt Flyby Target

Scientists study nitrogen provision for Pluto's atmosphere

Earth observations show how nitrogen may be detected on exoplanets, aiding search for life

Distant planet's interior chemistry may differ from our own

Earth's mineralogy unique in the cosmos

A new model of gas giant planet formation

Construction Begins on Test Version of Important Connection for SLS

NASA Funds Plasma Rocket Technology for Superfast Space Travel

Green Propellant Infusion Mission Receives Propulsion System

Need for Speed: Star Trek Warp Drive is Within Our Grasp

Progress for Tiangong 2

China rocket parts hit villager's home: police, media

China's "sky eyes" help protect world heritage Angkor Wat

China's space exploration potential has US chasing its own tail

Ceres' Bright Spots Seen in Striking New Detail

Comet Hitchhiker Would Take Tour of Small Bodies

Comet Hitchhiker Would Take Tour of Small Bodies

Dawn Sends Sharper Scenes from Ceres

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.