Medical and Hospital News  
OIL AND GAS
Seasonal slide in gas prices delayed
by Daniel J. Graeber
Washington (UPI) Sep 20, 2016


disclaimer: image is for illustration purposes only

A problem with a pipeline in the southern United States in part caused a delay in the seasonal downturn for gasoline prices, a retail market report found.

Motor club AAA reports a national average retail price for a gallon of regular unleaded gasoline $2.21, just a slight overnight increase, but 2.7 percent higher than one month ago. Outside of market dynamics, AAA said in its weekly retail market report that infrastructure issues were skewing the national price higher.

"Regional pump prices fluctuated dramatically this week due to pipeline repairs and localized supply disruptions," the report read. "In early September, a leak on Line 1 of the Colonial pipeline occurred in Alabama and pressured prices in Southeast states sharply higher, including week-over-week increases of 7 cents or more in Georgia, North Carolina, South Carolina and Tennessee."

Line 1 runs east from Houston and has the capacity to carry as much as 1.2 million barrels of gasoline per day and the disruption sparked a fuel emergency in some southern states. The company behind the project said it was busy building a section to bypass the damage and AAA said that part should be in service by the end of the week.

Southern U.S. states have seen the biggest spikes in gas prices nation-wide, with Georgia posting a 21 cent increase from last week to $2.36 per gallon. Alabama and neighboring states, however, continue to have some of the lowest prices in the country. Texas has the lowest average at $1.95 per gallon, while California has the highest price in the Lower 48 at $2.76 per gallon.

Refiners last week started to make a winter blend of gasoline which, because of the fewer environmental safeguards necessary in cooler months, is cheaper to make. Despite the disruption in southern U.S. states, the national average price for a gallon of gas is still 3.5 percent less than this date in 2015.

On the market side, AAA said crude oil prices have moved somewhat lower since last month amid reports of abundant supplies with diminishing demand.


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

Previous Report
OIL AND GAS
Statoil completes sale of Marcellus acreage
Stavanger, Norway (UPI) Sep 16, 2016
Norwegian energy company Statoil said it retained some of its shale acreage in the United States, but completed a sale Friday of assets in West Virginia. Statoil said it closed Friday on the $96 million sale of 11,500 acres in the Marcellus shale natural gas basin in West Virginia to Antero Resources Corp. The Norwegian company retains about 350,000 net acres of the Marcellus shale natu ... read more


OIL AND GAS
Japan official criticised for piggyback ride over puddle

Three workers missing after bridge collapse in China

Nepal's new leader pledges to speed up quake rebuilding

Ex-Japan PM Koizumi says Fukushima not 'under control'

OIL AND GAS
2 SOPS bids farewell to miracle satellite

Inferring urban travel patterns from cellphone data

Positioning exact to the millimeter

India to Provide Cost Incentives to Use Homemade Version of GPS

OIL AND GAS
Belgium gets world's biggest pickled brain collection

How did prehistoric humans occupy the Tibetan Plateau?

Smarter brains are blood-thirsty brains

Study: Math-capable parents yield math-capable kids

OIL AND GAS
Tiny red-eyed frogs find safe haven in Nicaragua

World governments urge end to domestic ivory markets

Scientists build embryos with non-egg cells

Eats shoots and rarely breeds: giant pandas 'still at risk'

OIL AND GAS
Engineers battle superbugs with star-shaped 'peptide polymers'

Millions of US bees die from spray to fight Zika mosquitoes

Reconstructing the 6th century plague from a victim

Hong Kong reports first case of Zika virus

OIL AND GAS
China detains 13 in 'rebel' village over protests

Debate on China poverty after mother kills her 4 children

Hundreds in Shanghai demand action on alleged Ponzi scheme

China's cargo carriers crumble in courier cavalry contest

OIL AND GAS
OIL AND GAS
China facing possible debt crisis: bank watchdog

China new bank loans more than double in August

China says industrial output, retail sales rise in Aug

China bank PSBC launches $8.1 bn IPO: reports









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - 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. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. 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. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.