Romeoville Gas Prices Far Exceed Average
CNN Money reported Monday the average price for a gallon of gasoline in America is $3.73. Locally, the lowest price found was $3.94.
The average price for a gallon of regular gasoline in America, according to CNN Money, has jumped more than 13 percent over the past 32 days, to $3.73. In Romeoville, the news is worse. Prices are exceeding the average by anywhere from 22 cents to 29 cents per gallon, a check of prices posted at about 6:45 p.m. for on gasbuddy.com showed. Gas prices ranged from $3.94 at all of the stations along Independence Boulevard to $4.01 at the BP station at 418 N. Weber Road. CNN Money is crediting the price increase to a combination of factors, including rising crude oil prices, production cuts and refinery closings. The Chicago Tribune reported last week a number of refinery issues in the area have affected gas prices, including an overhaul of BP…
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Jeffrey
9:39 am on Wednesday, February 20, 2013
Until someone stops the trading on Nymex, this will never stop. Here's the daily report on crude oil from CME Group: http://www.cmegroup.com/education/market-commentary/energy/2013/02/pre-open-crude_800.html Read paragraph 5 on how the RBOB contracts are overbought and there will be selloff's for profits. In paragraph 8, they are calling for a crude surplus. The problem is that no one knows what … more ›