Gas
The main reason behind the gas prices going down is the pipeline in Alaska is not shut down 100%. Like a lot of the media was claiming at first. Also, the mid-east cease fire has played a role and we are nearing Labor-Day and gas demend starts dropping after that. Plus, we have been free of Hurricanes in the gulf so far this year. Because of all this the price on the NYMEX futures market has dropped about 30 cents in the last week or so. However, one little hick-up and the prices will go up. Also, some gas stations are still 20-30 cents higher because they don't pump the volume of gas as Wawa & Sheetz and haven't received their new load. If you get gas every day you look good now but if prices go up you look bad then your little gas station looks good because his price stays the same for awhile.
The main reason behind the gas prices going down is the pipeline in Alaska is not shut down 100%. Like a lot of the media was claiming at first. Also, the mid-east cease fire has played a role and we are nearing Labor-Day and gas demend starts dropping after that. Plus, we have been free of Hurricanes in the gulf so far this year. Because of all this the price on the NYMEX futures market has dropped about 30 cents in the last week or so. However, one little hick-up and the prices will go up. Also, some gas stations are still 20-30 cents higher because they don't pump the volume of gas as Wawa & Sheetz and haven't received their new load. If you get gas every day you look good now but if prices go up you look bad then your little gas station looks good because his price stays the same for awhile.
Last edited: