High Demand And Special Summer Blends Keep Gas Prices From Plumetting In US

Gasoline prices in the US have not been going down even if the global crude oil prices have continued their plunge, now hovering near the psychological threshold of $50 per barrel.

The damper on sliding gasoline prices across the US was assisted by the latest controversy over specially blended gasoline used during the summer and the fact that West Coast refineries remain plagued with issues. According to the AAA, the average price nationwide now stands at $2.76 per gallon, the lowest for the period since 2010 but only down a nickel per gallon compared to the 2015 peak price seen on June 15 at $2.80 per gallon.


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MDarringer - 7/24/2015 10:59:59 AM

+1 Boost

Gas prices here in Btown are still above $4 a gallon for the cheap stuff.