Gas prices take an unexpected drop Refinery output is through the roof
Consumer Affairs com
Gasoline prices, which normally rise from the end of winter through Memorial Day, have gone down over the last few days, handing motorists an unexpected gift for this time of year.
The national average price of self-serve regular is $2.36 a gallon, down four cents in the last week, according to the AAA Fuel Gauge Survey. The national average price of premium gas is down two cents, to $2.89.
"I'm surprised by the price drop, but we've been really good at pumping oil and producing gasoline lately," Dan McTeague, senior petroleum analyst at Gasbuddy, told ConsumerAffairs. "The latest figures show refineries have been processing 17 million barrels of oil a day, that's more than at any other time, in any season."
McTeague credits that refinery production, along with the recent drop in crude
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Submitted May 04, 2017 By: