Gas prices set a new record in Florida, AAA says

Clearly, government investment, when properly supervised and controlled, can make a tremendous difference in the marketplace. One political party decided it was in its best interest to portray the Solyndra error as a mistake; it wasn’t. The result is that the one political party forced us as a nation to concede research and development of solar power to countries like China. For all I know the planet could be awash with crude oil, the point as I see it is it doesn’t matter.

Though gas prices are going down, they’re still higher than usual. You can cut down on nonessential trips and shop around for the best price, even crossing state lines if it’s convenient. In April, the Environmental Protection Agency approved year-round sales of E15 gasoline, a cheaper, higher-ethanol fuel. The impact will be modest, as only about 2,500 of the more than 100,000 gas stations https://turbo-tax.org/ nationwide sell the blend. By June 13, gasoline had hit $5.02 a gallon — a record dollar amount, though still lower than the 2008 peak of $4.14 once adjusted for inflation. The app will also ask you to report gas prices at the station, so you can help others get accurate information. You cansave money by using apps like GasBuddy to find the stations with the lowest prices near you.

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The surge is also impacting diesel fuel and that’s putting a pinch on truckers. According to AAA, Russia’s invasion of Ukraine is one reason for the rise in gasoline prices, causing an unstable global oil market. But expectations of high summer travel demand are also playing a role, experts say.

The average price of gasoline fell another 14 cents per gallon in the past week, meaning the cost of gas now has declined $1.10 per gallon since the record high in June. Gas prices have been thrust into the political back and forth in recent weeks. Gov. Ron DeSantis is asking lawmakers for relief in the form of a state gas tax holiday and gas tax cuts. And President Joe Biden last week ordered a record 50 million barrels of oil released from America’s strategic reserve, aiming to bring down gasoline and other costs.

Orlando on the Cheap

With Japan’s industrial base largely destroyed by bombing during WWII, hundreds of Japanese companies and engineers cobbled together motorcycles to meet the very small demand for personal and small-business transportation. Yes, Soichiro Honda designed a small engine and built it in his garage at his home. The engine was mounted by brackets Florida Gas Prices Sit At 10 on the handlebars of a bicycle and a lever was used to lower its flywheel onto the front wheel. Before and during the war, Honda’s manufacturing company supplied piston rings to the Japanese military aircraft industry. Since Japan had, and still has, little in the way of natural resources, gasoline was in very short supply after WWII.

• Using an already existing oil well to horizontally drill means that the number of permits to drill is a misleading statistic, though it does make for good political theater.
• Gasoline was readily available early in 2021 at around $2.50 per gallon and crude oil futures were at or around $35 per barrel, despite the closure of so many refineries.
• I first read about permits to build it being issued in 2016.
• On his good days, he wears his zealous advocate for the truth hat.
• Gas prices have climbed to heightsnot seen in nearly a decade.

The Alternative Fuel Price Report is a snapshot in time of retail fuel prices. Alternative fuel fleets can obtain significantly lower fuel prices than those reported by entering into contracts directly with local fuel suppliers. Memorial Day weekend travel continued to the rising fuel prices, AAA said. Meanwhile, the cost of a barrel of oil was nearing $120, which is nearly double from last August amid increased oil demand outpacing the tight global supply. A recent prediction has American oil production expected to rise approximately 1 million barrels of crude oil per day from levels existing just before the Russian invasion of The Ukraine, approaching the best numbers under Trump. Still, producing 12 million barrels of crude oil per day leaves us far short of the 19 or so million barrels we need to be independent.

Gulf Coast – Florida

There was a hill climb, a cross-country race on a paved road and what might today be described as an enduro. The five companies that amassed the most points at the end of the competitions were awarded government grants to modernize their assembly plants and invest in research and development. All of the other motorcycle companies were allowed to wither on the vine. With only five surviving motorcycle companies, the number of suppliers competing to provide ancillary products also contracted. Showa and Kayaba supplied suspension pieces, and on and on.

Experts say gas prices are primed to decline after weeks of expensive fill-ups. Gasoline prices hit a national average of $5 per gallon on Saturday and are set to move higher. “A return to previously record-high production levels could cool the fuel market and lead to lower prices,” AAA reported on Monday. Some Florida gas stations will begin selling a blend of fuel that’s typically only available during the colder months to try to lower gas prices, but only 10 percent of stations in Florida can sell that type of gas.

Cheap gas

According to AAA, gas prices in Florida fell 62 cents in five weeks, with prices per gallon at $4.27 as of Sunday, the lowest rate since May. Higher gas prices do have “a positive impact on ridership increasing on public transportation,” said Pinellas Suncoast Transit Authority spokesperson Stephanie Rank, with fixed-route ridership increasing 3.7% from April to May. That does mean added fuel costs for the agency, but for now, that cost isn’t being passed on to riders. The U.S. Gulf Coast has more than half of the country’s refining capacity and produces more gasoline than it consumes, meaning it generally has the lowest retail fuel prices in the nation, according to the U.S. On Sunday we listened to the US Energy Secretary Jennifer Granholm say that President Joe Biden’s administration was continuing its objective to bring down fuel prices for Americans by evaluating a pause on federal gas tax. As we await further action, let’s have a look around the country and see where the prices currently sit. The price of West Texas Intermediate crude oil peaked on Sunday at $120.82, short of the $123.70 peak set on March 8.

But once the price hits $5, 80% of drivers would change their habits to save money, AAA found in a recent survey. The majority of respondents said they would drive less or travel shorter distances. Florida is still below the national average, which sits at $4.80 a gallon. Experts at AAA say the lack of demand is driving the prices down. However, they also say July is typically the busiest driving month, so the volatility will likely continue through the next few weeks. Ned Bowman, president of the Florida Department of Agriculture, said skyrocketing gas costs have fraudsters licking their chops. Yordian Diaz-Benitez, of Tampa, was arrested at a Lutz station for stealing diesel fuel on March 10.

His thesis supplemented my recollections of the old article. I know you folks don’t give a whole lot of thought to many things….but let me explain this using little words, and I’ll talk slow.

Stations near low-price leaders such as Costco and Sam’s Club are likely to offer lower prices, too. Conversely, if there is no large gasoline retailer in an area, prices tend to be higher. “The biggest difference-maker in Palm Beach County prices is based on the cost of living and operating a business. If it costs more to keep the lights on, then you are likely to find higher costs for consumers as well,” Jenkins said. The rest of Florida is just shy of the national average of $5 a gallon, standing at $4.89. Now with the European Union announcing plans to ban Russian oil, any countries will have to find another gas source.

www.gasbuddy.com

One political party took great pains to take advantage of the Solyndra error, poisoning any possible efforts by our government to invest in solar research and factories. Given that the one political party’s commonly false mantra is that only private industry can produce jobs, the Solyndra error resonates to this day. I will now offer an account of why the one political party’s mantra can often be false.

• Gov. Ron DeSantis floats the idea for a gas tax relief for Florida motorists announcing the idea Monday at his daily governing/re-election campaigning appearance.
• California had the highest average price at $6.371 per gallon and is among 11 states topping the $5 per gallon mark.
• Just enter your starting location plus two, or three, destinations as well as car model details.
• According to the AAA Gas Prices website, which is a public service of the United States of America’s largest motoring and leisure travel membership organization, the following price information is made available.
• This cheap, lower-quality crude comes from Canada, Venezuela and Russia, among other spots.

A new company would pop up and another company would declare bankruptcy. People paid for motorcycles that were never delivered. Manufacturers defaulted on debts, causing the satellite companies to fail. Treasure Coast gas prices increased on par with state trends, data shows. The Port St. Lucie and Vero Beach-Sebastian areas saw prices jump by 98 cents and 96 cents, respectively, compared to this time last year. PEMBROKE PARK, Fla. – Your wallet is about to get a little bit of a break this holiday season.

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When it comes to gas prices and inflation she said it has changed people’s routines. Even as prices soar, it’s not stopping people from driving — yet.