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- tomman58ExplorerHere's a little gem from Forbes.
The good news for motorists is that gasoline prices are expected to be more affordable in the coming months than they were during the two preceding summers. According to the U.S. Energy Information Administration’s (EIA) just released Short Term Energy Outlook, retail gas prices are expected to average $3.63 a gallon during this summer’s driving season. This figure is slightly below the $3.69 figure recorded last year and $3.71 in summer of 2011, and is only slightly higher than the national average of $3.61 a gallon as of April 8.
This sunny forecast is largely based on an expected decline in crude oil prices combined with higher gasoline inventory levels and a continuing drop in demand due to increased small-car sales and other factors. The EIA predicts the price of Brent crude oil (a benchmark that’s tied to wholesale gasoline costs in the U.S.), will average $107.50 per barrel this summer, which would be around $1.50 less than it was during the same period in 2012. - cekkkExplorer
LindsayRichards wrote:
Does that 85 octane have ethanol in it? When we were last out West it was frequently the same price (85 and 87). Don't know if the EPA ruling covers 85 octane, but suspect it does. Not sure where the new 15% EPA ethanol standard is, but I know there are lawsuits on it.
Oh yes, you bet it does. Mileage sucks. Nothing like pouring sugar into your gas tank, is there? Thanks, Congress/EPA! - LindsayRichardsExplorerDoes that 85 octane have ethanol in it? When we were last out West it was frequently the same price (85 and 87). Don't know if the EPA ruling covers 85 octane, but suspect it does. Not sure where the new 15% EPA ethanol standard is, but I know there are lawsuits on it.
- AO_hitechExplorerGas has gone UP in the last 2 weeks. Only 2¢, but it is still up.
- cekkkExplorerArrived back home a week ago. Colorado Springs and vicinity has regular running about $3.40. Of course, often forgotten is that the octane rating is only 85, which means we're getting an additional reaming of about 12 cents/gallon.
- SRTExplorer
Kalait wrote:
Taking the current price of fuel, calculate the miles per gallon I get and the distance I want to go for camping. Save the cash and have fun. There is not a rescission, it is a depression. The current economic situation is rather depressing :(
Yup, it is depressing :R. The downward plunge of gasoline prices up here has slowed. Prices vary from $3.32 to $3.45. Diesel prices are hovering around $3.95. - KalaitExplorerTaking the current price of fuel, calculate the miles per gallon I get and the distance I want to go for camping. Save the cash and have fun. There is not a rescission, it is a depression. The current economic situation is rather depressing :(
- koda55ExplorerStopped in Ms on I10 exit 69 and gas was $3.15 a gallon at the Pilot. They have RV lanes for gas and diesel.
- noe-placeExplorerBy way of an update here in southern Kentucky where we've been gouged by our supplier for years now, gas has actually dropped to $3.49 a gallon for regular. That's the lowest it's been in a couple of years here.
- SRTExplorerGasoline prices continue to drift down a penny at a time (except for diesel). Gas is down to $3.35 a gallon around here. Of course, we're burning more in our snow blowers, tractors, etc. due to the almost continuous snow fall.
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