Gas Prices - Gasoline prices expected to continue climb - Parkersburg News

Gas prices on the wholesale market rose by 9 cents Saturday evening in the area, according to a local wholesale gasoline dealer. The 9-cent jump gave a rise of up to 33 cents a gallon at the pump as gas prices rose from in the $2. The national average for a gallon of regular gas rose 2 cents from Monday to Tuesday to $3. Those factors include the fact that the Organization of the Petroleum Exporting Countries (OPEC) may cut production as well as an explosion at a Texas refinery Monday, said Jan Vineyard, executive director of the West Virginia Oil Marketers and Grocers Association (OMEGA WV). Powell also cited a small refinery fire in Hawaii and a move by Russian oil company Lukoil to stop providing crude oil to German refineries as not helping lower the cost at the pump. read more

[Tags]3, average, oil, 2, cents, crude, gas prices[/Tags]

Share This