Posted on 09/07/2023 9:12:04 AM PDT by thegagline
U.S. gasoline prices are headed higher in the nation’s corn belt, and could rise by as much as $1 per gallon at some gas stations, the head of petroleum analysis at GasBuddy warned on Thursday.
GasBuddy’s Patric DeHaan implored the EPA to issue fuel waivers ASAP, as the wholesale price of gasoline spikes in Oklahoma, Missouri, South Dakota, North Dakota, Nebraska, Montana, and Kansas.
“ALERT: #GasPrices will likely rise 25-75c/gal in OK, MO, SD, ND, NE, MN and KS over the next few days. Some stations may go up closer to $1/gal as the wholesale price of gasoline is spiking in this region. EPA should move to issue fuel waivers ASAP,” DeHaan said in a Thursday morning tweet.
The huge spike in that single area could send the national average a few cents higher, DeHaan added—and pump prices have already hit the highest seasonal level in more than a decade. The current average for a gallon of gasoline in the United States is $3.803, up from $3.764 this same time last year, according to AAA data published on Thursday.
Gasoline inventories nationally sank by more than 5 million barrels in the week ending September 1, according to API estimates this week, and are roughly 5% below the five-year average for this time of year. And while the national inventories are lower than normal for this time of year, the impending spike is expected to hit the corn belt area only, according to DeHaan.
UK drivers are also experiencing some shock at the gas pumps, as the price of gasoline and diesel saw the largest monthly jump in 23 years as the price of crude oil rallied.
(Excerpt) Read more at oilprice.com ...
So gas prices will rise $1 per gallon exactly as planned.
Noted.
“The current average for a gallon of gasoline in the United States is $3.803, up from $3.764 this same time last year, according to AAA data published on Thursday.”
$3.80 - I wish!
Here in California it’s over $5 at the cheapie stations.
As expected. Can’t wait for all the “unexcepted” headlines and the LSM misdirection articles to begin.
NYS cigarettes went up $1 a pack. I think they’re selling pot her for like $50/oz. Good old NY.
Winter is right around the corner too.
Now’s the perfect time to stock up folks.
I have 5 totes of canned and dry food, in addition to 3 drums of emergency food.
“U.S. Drivers Warned Gasoline Could Spike $1 Per Gallon”
Hey, that’s why Beijing Benedict Biden is cancelling leases on Federal Grounds ... just to help us all to turn to renewable energy ... as soon as they develop a plan to make it available to all of us who need it ... in three or four years ... maybe
Could? It already has. Do they mean another $1?
That will force many to buy electric cars. When all ICE cars are used up and banned, electricity rates will jump sky high. All according to plan. Back to Horse & Buggy days.
Local here in Reno is $4.69 and up for reg. Diesel is $5.59. Thanks joementia! POS! Him and his (b)administration.
The article doesn’t explain why this price spike is concentrated in seven states, so it’s worthless.
And yet “volatile” gasoline and food prices are NOT factored in to the consumer price index(CPI) used to determine Social Security cost-of-living increases.
Kalifornia got stuck with that spike years ago. The good news is that we have a high speed train that doesn’t work and goes no where. /s
And our emergency oil reserves are at a historic low. Thanks Bidet.
All because of the fact that America is infested with 82 million, ignorant, and retarded far-left wingnuts that walk around with their heads up their ..... Most of them are foreign invaders come to live on the RAT plantation and pick lint out of their navel.
If somebody would ask FJB or his little French, Lesbian Cabbage Patch kid about this they wouldn’t have a clue.
Correct, AI could write better.
Last week on the military bases in San Diego it hit $5.09 where it’s typically $.50/ cheaper than off base.
The base price was $4.29 in March.
Here in SW Pennsylvania I paid 3.79 for Regular yesterday. I feel bad for anyone that heats their home with heating oil. Unless of course they voted Democrat.
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