By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
7news7news7news
Notification Show More
Font ResizerAa
  • Home
  • HOME
  • Business
  • Technology
    TechnologyShow More
    The group co-directed by Fei-Fei Li suggests that AI security laws should anticipate future risks
    March 20, 2025
    Director responsible for fraud after blowing $ 4 million in cash from Netflix on Dogecoin
    March 20, 2025
    GM is associated with Nvidia to bring AI to robots, factories and autonomous cars
    March 19, 2025
    Disney + adds a Simpsons 24/7 channel
    March 19, 2025
    Reactway supported by YC applies AI to accelerate the manufacture of drugs
    March 18, 2025
  • Posts
    • Post Layouts
    • Gallery Layouts
    • Video Layouts
    • Audio Layouts
    • Post Sidebar
    • Review
      • User Rating
    • Content Features
    • Table of Contents
  • Pages
    • Contact US
    • Search Page
    • 404 Page
Reading: The gas prices are higher and a “training effect” could worsen the situation in certain regions
Share
Font ResizerAa
7news7news7news
  • World
  • Business
  • Entertainment
  • Technology
  • Sport
Search
  • Categories
    • Sport
    • Business
  • Home
  • More Foxiz
    • Login
    • Contact
    • Buy Theme
  • Categories
    • Technology
    • Entertainment
  • Bookmarks
  • More Foxiz
    • Sitemap
Have an existing account? Sign In
Follow US
Business

The gas prices are higher and a “training effect” could worsen the situation in certain regions

BARI
Last updated: February 24, 2025 12:06 am
BARI
Published February 24, 2025
Share
SHARE


Fuel prices are probably higher in the coming weeks, as the impact of the maintenance of the refinery and breakdownsIn particular in California, browse the market before the annual passage to more expensive summer mixtures.

On Wednesday, the national average price of gasoline oscillated around $ 3.16 Gallon, $ 0.04 more than a month and $ 0.11 less than exactly a year ago, According to AAA data.

“The national average has increased, driven mainly by increases in sharp gas prices on the west coast, where maintenance of refineries and breakdowns have created a training effect in neighboring states, which increases prices in Many communities, ”said Patrick de Haan, head of Petroleum analyzes in Gasbuddy.

Haan anticipated That the national average for gas will increase from $ 0.25 to $ 0.60 by mid-April, the most expensive fuel that remained along the west coast.

Meanwhile, Tom Kloza, global energy analysis manager, plans “petrol increasing from $ 0.20 to $ 0.33 per gallon before culminating somewhere between Easter and Cinco de Mayo.”

The refineries have undergone planned seasonal maintenance, which exerts pressure on food. Meanwhile, a February 1 At the Martinez refinery in northern California forced the closure of almost all its units.

Find out more: Best gas credit cards for 2025

The breakdowns become before the annual passage to more expensive summer fuel mixtures, Western states change first.

California already has the most expensive petrol in the United States due to the costs and taxes linked to green initiatives. Middle petrol in the Golden State jumped $ 0.41 in the last month at $ 4.85 Gallon, or about $ 0.20 more than a year.

Washington condition also saw prices at the jump pump About $ 0.22 in the last month at $ 4.15 Gallon.

Meanwhile, the $ 0.23 of NEVADA increase in the average state plan at $ 3.89.

Despite a short -term pump peak, Kloza plans that retail gas prices will be unleashed in the second half.

“The average price of American gas will be largely below $ 3 per Gallon at the last third of 2025 unless we saw an impact on the Côte du Gulf of the American,” said Kloza.

Energy information administration predicts that petrol will decrease the Gallon by $ 0.11 this year, or 3%, with a greater drop of 6% in 2026.

“The drop in prices of the United States is mainly the result of the fall in crude oil prices, as well as the decrease in petrol consumption in 2026 due to the increase in fuel economy to the fleet scale “,” A January EIA report said.

Wednesday, oil contracts jumped 1% to extend the earnings from the previous session after the delegates of the organization of oil exporting countries and its allies, including Russia, said that the group planned to delay its increase in production for the fourth time.

West Texas Intermediate Crude (cl = F) oscillated almost $ 72.50 per barrel, while Brent Futures (Bz = F) exchanged above $ 76.

The CHS oil refinery is silhouetted against the setting sun on Saturday September 28, 2024 in McPherson, Kan. (AP photo / Charlie Riedel)
The CHS oil refinery is silhouetted against the setting sun on Saturday September 28, 2024 in McPherson, Kan. (AP photo / Charlie Riedel) · Associated Press

Traders recently assessed the impact that a potential peace agreement in Ukraine could have on the markets if Western sanctions against Russia are ultimately lifted.

“If the sanctions against Russia are attenuated, this could certainly have downward pressure on petroleum, and of course President Trump has promised to reduce energy prices. There are therefore huge implications,” said Declared from Gasbuddy’s finance to Yahoo Finance on Tuesday.

The concerns of demand in the threat of a trade war induced by the American prices also attenuated prices.

In a note earlier this month, Goldman Sachs said prices could drop in the medium term “because the persistent general prices would weigh on world GDP and the demand for oil.”

Ines Ferre is a senior journalist from Yahoo Finance. Follow it on x to @ines_ferre.

Click here for an in -depth analysis of the latest news and stock market events in movement prices

Read the latest financial and commercial news from Yahoo Finance



You Might Also Like

The annual letter from Warren Buffett actions 4 of the most scary words that investors will never assist

To what extent does car insurance increase after an accident?

Perfect moment made its debut on Puffer Tote, Collections of sunglasses

What is private mortgage insurance and how much does it cost?

Dollar, Tech and Price delay fuel rotation games

Share This Article
Facebook Email Print

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News
World

David Raven, performer of British Drag known as Maisie Trollette, died at 91

BARI
BARI
March 14, 2025
Wasted effort | Fitness Nerd
England women vs Spain women: overviews, predictions and alignments
Cup to the United States Defense Groups considered a victory for China
Celtic vs Bayern Munich: overview, predictions and alignments
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?