Whatever small benefit that came from the president releasing oil from the strategic reserve is all but gone. And while there are many reasons for the price increase, the biggest takeaway coming from experts is that it's not going to get better for a while.
You've probably noticed the price of gas has been rising steadily for weeks.
Whatever small benefit that came from the president releasing oil from the strategic reserve is all but gone. Energy experts say it’s a lot that goes into why the prices are up. This comes at a time when government officials suggested a decline at the beginning of this year. Here in Texas, we continue to enjoy lower prices, but it’s still high. Right now, the state average is $3.10. In the DFW area, prices are hovering around $3.20. Doug Lewin is an energy consultant.
In November 2021, the monthly national average price for a gallon of gas was $3.39. The highest it’s been since 2014, according to the U.S. Energy and Information Administration.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Gas prices spike to highest levels since 2014AAA says winter weather and geopolitical tensions are contributing to higher oil prices.
Read more »
Norway Is Running Out of Gas-Guzzling Cars to TaxWhile EVs might be great news for the environment, their rapid success in Norway is now forcing some serious fiscal consternation. (2021)
Read more »
Police searching for suspect after Lynnwood gas station clerk robbed at gunpointThe suspect reportedly approached a clerk while displaying a gun and demanded cash and cigarettes. The clerk complied, out of fear for her own safety, and was not hurt.
Read more »
Police: Infant dies after being found unresponsive at gas station near Georgia interstate; parents chargedPolice have arrested the parents of a 9-month-old that was found unresponsive at a gas station off a Georgia interstate highway.
Read more »
Trace Gas Orbiter Spots ‘Tree Stump’ Crater on Mars | Sci-News.comESA’s Trace Gas Orbiter (TGO) has spotted an ice-rich impact crater in Acidalia Planitia, a Martian plain between the Tharsis volcanic province and Arabia Terra to the north of Valles Marineris.
Read more »