Current Gasoline Prices Decreasing in Kansas

Gasoline prices in Kansas City are moving down after reaching a peak of $3.72 per gallon before February ended. In the city’s metro area, the average price for each gallon of regular unleaded is around $3.33. AAA’s Public Affairs Vice President, Mr. Michael Right, said that the major cause of lower prices is the yearly improvements that refineries are enacting. Spring is usually a maintenance...
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Canadian Finance Minister Sticks to Latest Oil Price Projection

The Canadian Minister of Finance, Jerome Kennedy, is standing by the budget assumptions of the governments of Labrador and Newfoundland regarding the oil price per barrel, despite the fact that it was way off in the past year. The government is supposing that crude made offshore will sell at an average of $105 a barrel throughout most of the year, a rate that is below last year’s projected...
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High Gasoline Prices to Reduce Spring Break Travel

A survey of Southern California’s AAA shows that current gasoline prices are averaging $4 per gallon, causing fewer residents from Southern California to say that they are planning to take a road trip during the spring break. The Auto Club’s yearly survey of its members shows that 47% have plans to travel at least one trip during the upcoming spring break, a rate that is lower than the 57% of...
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Current Tennessee Gas Prices Drop for Third Straight Week

Tennessee’s average price per gallon for regular gasoline was recently at $3.50, reflecting a drop of three cents versus the past week, according to figures from AAA. This is the third consecutive week that the state has witnessed its prices at the pump fall. It was two weeks ago that the entire state and the whole country saw a first-time drop in the weekly average for each gallon of regular...
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Investing in Oil Firms with Competitive Advantage

The U.S. oil and gas market has been exhibiting tremendous growth, and those looking for opportunity to invest in oil markets will have to focus on competitive advantages. Oil firms that continually seek new ways of producing this commodity closer to where the market is are worth looking into. Also, companies that take advantage of new technologies in oil exploration and drilling are good...
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