Categorized | Business, Energy

National gas price outlook for 2014

MEDIA RELEASE

Some notes about the upcoming year in gas prices from GasBuddy.com:

  • U.S. national gasoline prices are almost certain to begin 2014 within a penny or so of where they began 2013. That of course masks all the incredible volatility in between.
  • When the final numbers for 2013 gasoline demand are published, GasBuddy predicts we will see a percent or more increase versus 2012. That will represent the first yearly acceleration in motor fuel demand since 2009.
  • Gasoline prices are below year ago levels in Arkansas; Hawaii, Kansas, Mississippi, Montana, North Dakota, Nebraska, North Carolina, New Jersey, New Mexico, Oklahoma, Oregon, South Dakota, Tennessee, Utah, Washington, Wisconsin, and West Virginia. The largest year-on-year decreases show up in Montana. The largest year-on-year increases pop up in Maryland.
  • The near term trend through New Years’ week calls for prices to drift higher. But January increases are questionable, given the high probability occurrence of very soft midwinter demand numbers.

For Big Island gas prices and trends visit — www.hawaii247.com/gas

One Response to “National gas price outlook for 2014”

  1. earlrichards says:

    To break the price-fixing, price-gouging grip of Tesoro and Chevron, plug your Tesla S electric car into your household, solar array.

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