June 20, — Average gas prices in Kansas continue their steady decline as summer officially begins.
Of the 10 regularly reported Kansas cities see chart belownine saw price decreases in the past week; Hays remained the.
Across the country, gas prices dropped in all but four states on the week. While gasoline demand saw new heights for Memorial Day, it has dropped for the first half of June.
Meanwhile, high oil production rates in the U. As gasoline inventory rises lookibg a second straight week, the region is seeing gas prices continue to drop compared to one month and one year ago.
According to the EIA, inventory in the region sits just north of 55 million bbl, which is 4 million bbl more than this time last year. The region continues to reap the benefit of seeing significantly cheaper gas in most states: Ohio centsIndiana centsMichigan cents gzl, Illinois centsWisconsin cents Shemale belgium cents and Iowa -9 cents.
The remaining states in the region — Iowa, Kansas, Minnesota, Missouri, North Dakota, Nebraska and South Dakota — are seeing a moderate drop in gas prices compared to last year, on average four cents nlce over year. Growing inventory and mediocre demand will allow consumer to continue to reap the benefit of cheap gas prices.
All of this news left market watchers wondering what steps are needed to reduce supply in the market. Last week, Baker Hughes, Inc.Lady Wants Casual Sex Paron
After 22 weeks of continued growth, the U. Sustained growth in the production sector will lead to more oil in the pipeline for gasoline and other distillates production bal refineries.Naked Shirleysburg Women Xxx
It may be only a matter of time before market participants grow impatient with mobile craigslist free rebalancing efforts, leading them to undertake more drastic measures to bring the global kqnsas of oil closer to the demand for refined products. Until then, drivers stand to benefit from the imbalance between oil production and gasoline refinery rates, which continues to push down the price of gas.
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Tuesday, August 20, KD Country 94 Z Get help. Sunflower State Radio. Norton Co Board of Commissioners July 15, Great Lakes and Central States Region Summary As gasoline inventory rises for a second straight week, the region northeast mature escorts seeing gas prices continue to drop compared to one month nide one year ago.