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U.S. Drivers Warned Gasoline Could Spike $1 Per Gallon
OilPrice.com ^ | 09/07/2023 | Julianne Geiger

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 ...


TOPICS: Business/Economy; Front Page News; News/Current Events
KEYWORDS: biden; esg; gasoline; gasolineprices; gasprices; ididthat; letsgobrandon; oil; poopypantsbiden
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To: thegagline

41 posted on 09/07/2023 1:20:34 PM PDT by Thunder90 (All posts soley represent my own opinions)
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To: thegagline

“the impending spike is expected to hit the corn belt area only”

why?


42 posted on 09/07/2023 3:29:25 PM PDT by CottonBall (“Fascism should be called corporatism because it is a merger of state & corporate power" – Mussolini)
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To: thegagline

The warnings all Americans need to hear is Biden is still in the whitehouse. That is one of the biggest risks of all.


43 posted on 09/07/2023 3:42:49 PM PDT by Jonny7797
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To: thegagline
"U.S. Drivers Warned Gasoline Could Spike $1 Per Gallon"

Again?
44 posted on 09/07/2023 4:13:12 PM PDT by larrytown (A Cadet will not lie, cheat, steal, or tolerate those who do. Then they graduate...)
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To: thegagline
"U.S. Drivers Warned Gasoline Could Spike $1 Per Gallon"

Again?
45 posted on 09/07/2023 4:13:12 PM PDT by larrytown (A Cadet will not lie, cheat, steal, or tolerate those who do. Then they graduate...)
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To: Extremely Extreme Extremist

High gas ⛽ prices

High food prices

COVID-19 mandates

War

The Disastrous Joe Biden Administration continues apace


46 posted on 09/07/2023 5:22:53 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: who knows what evil?

(Female voters don’t care as long as they have access to abortion...)

Unfortunately that’s true for far more than I could have imagined.

Sorry Kirk Cameron, America is not going to last another 1,000 years with this godless reprobate society. Not in its current state.

Neither is the rest of the world 🌎🌍.

But there will be the 1,000 year reign of Jesus Christ and then Eternity.

AFTER Armageddon.

Which is AFTER the 7 years of ‘Peace and Security’.

Luke 21:34-36

🛐🙏✝️


47 posted on 09/07/2023 5:28:19 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: thegagline

and everything comes in by truck


48 posted on 09/07/2023 6:08:01 PM PDT by SisterK (it's controlled demolition)
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To: thegagline

Y’all deserve this. You aren’t smart enough to kill off the Democrats. Nothing will improve as long as they are alive.


49 posted on 09/07/2023 6:21:50 PM PDT by rellic
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To: antidemoncrat

It might be renewable, but it sure as heck isn’t replaceable!


50 posted on 09/07/2023 8:41:39 PM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: who knows what evil?

“Female voters don’t care as long as they have access to abortion...”

It doesn’t make much sense. Something they will rarely do in a lifetime, if at all, is more important than anything else.


51 posted on 09/07/2023 10:27:58 PM PDT by rxh4n1
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To: thegagline

On Sunday, we paid $5.85 for regular gas. My wife’s 20 year old Lexus gets about 4-5 weeks of our minimal driving per tank full.

We may see gas prices increase by at least a $ per gallon in the next week or so.


52 posted on 09/27/2023 3:31:25 PM PDT by Grampa Dave (Those, who can make you believe in absurdities, can make you commit atrocities!!" ~ (Voltaire)!, )
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