Just something to think about.
U.S. gas prices stabilize some, but expected to rise for Memorial Day
By Clyde Hughes (0)
May 25 (UPI) — Drivers in the United States will see the most expensive gas prices in seven years, experts say.
While gas prices have stabilized since the Colonial Pipeline cyberattack, AAA expects prices to hover above $3 per gallon in many parts of the United States. That’s a rise of 17 cents per gallon over the past month.
The last time prices were this high for Memorial Day weekend was 2014.
The Energy Information Administration said Monday gas prices are up by at least $1 compared to 2020 in virtually every segment of the country.
“AAA expects 37 million Americans to travel, mostly by car and plane, for the Memorial Day holiday weekend,” AAA spokeswoman Jeanette McGee said in a statement.
“That is a 60% increase over last year’s holiday and a strong indication that summer travel is going to be largely popular.
The national average on Tuesday was $3.04 per gallon, according to AAA. California has the most expensive gas ($4.17 per gallon) and Mississippi and Louisiana have the least expensive fuel ($2.71).
“With the increase in travel demand, gas prices are going to be expensive no matter where you fill up, so plan ahead,” McGee added.
“Holiday road trippers may come across some gas stations with low fuel supply in popular travel destinations, like beaches, mountains or national parks.”
Let’s “CIRCLE-BACK” to May 18th and see what the analysis looked like then. I think President Trump knows what he’s talking about.
Cost of gas in U.S. rises to highest level in 6 years due to pipeline attack
By Don Johnson (0)
May 18 (UPI) — The average price for gasoline in the United States has risen to the highest level in years and is well over $3 per gallon.
As of Tuesday, the national average is $3.04 per gallon — the highest average in six years.
AAA says the cyberattack that disrupted the Colonial Pipeline last week has been a significant factor in the rise. The pipeline, which carries gasoline from the Gulf Coast to the East Coast, resumed operating last weekend.
The disruption created limited supplies of gasoline in Georgia, North Carolina and South Carolina, AAA noted, and prices in those states climbed as much as 21 cents per gallon last week.
RELATED: Colonial Pipeline resumes ‘normal operations’
Over the past week, the national average increased 8 cents.
With the pipeline returning to normal operation, gas prices in the southeastern states and the nation have stabilized, AAA said.
“The Southeast will continue to experience tight supply this week as terminals and gas stations are refueled,” AAA spokesperson Jeanette McGee said in a statement.
RELATED: Biden administration outlines plans for electric vehicle chargers
“Over the weekend, gas prices started to stabilize, but are expected to fluctuate in the lead up to Memorial Day weekend.”
AAA says more than 30 million Americans are expected to travel for Memorial Day weekend, from May 27-31 — a 52% increase compared to last year.
“This is going to be an expensive summer for motorists,” McGee added. “However, we do not expect it to deter travelers from hitting the road.
RELATED: Buoyed by cost of gas, U.S. consumer prices up 0.4% in February
“Despite the higher pump prices, Americans still take their road trips, but just may not travel as far as originally planned, or go to their planned destination and spend a little less.”
AAA says crude oil prices and gasoline demand will be the greatest factors in how far gas prices will climb.
Virginia and Tennessee have seen the greatest increases over the past week (18 cents), followed by Alabama (17 cents), Maryland (16 cents), Mississippi (12 cents), West Virginia (10 cents) and Texas (10 cents).
As of Tuesday, California has the most expensive gas in the United States, at $4.14 per gallon, followed by Hawaii, Nevada and Washington state. Louisiana, $2.72 per gallon, has the nation’s least expensive gas, followed by Mississippi, Texas and Missouri. (0)
He KNEW……….He always does!
President Donald Trump Thursday insisted, while gas prices are creeping up to new highs for Memorial Day weekend, that the United States is “energy independent no more,” but while he was in the White House, prices remained low.
“I’m sorry to say the gasoline prices that you will be confronted with are far higher than they were just a short number of months ago where we had gasoline under $2 a gallon,” Trump said on his website.
“Remember as you’re watching the meter tick, and your dollars pile up, how great of a job Donald Trump did as President. Soon Russia and the Middle East will be making a fortune on oil, and you will be saying how good it was to have me as your President.”
“Wasn’t it great to be energy independent, but we are energy independent no more,” he added. “Shame, shame, shame. Other than that, have a great Memorial Day Weekend!”
I was having a conversation with someone about this topic just this morning. Isn’t it ironic that Biden had no problem whatsoever closing down the pipeline and putting all those hard working US citizen’s out of a great paying job in which to support their families? And THEN… TURNS AROUND and gives Putin exactly what he wants…??? And to top it off when we were the number one in the gas industry while President Trump was ruling the roost, now we have no status! Am I the only one who thinks something stinks to high heaven here? Is it just me that gets the notion that there’s more than meets the eye here?
The REAL question is…. 👇
WHY IS IT SO IMPORTANT TO BIDEN THAT THE US IS NOW GOING TO BE FORCED TO BUY OUR GAS FROM SAUDI ARABIA NOW?????