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Gas Prices

Wednesday, April 24, 2013

How Low Will They Go? Experts Predict Local Gas Prices Will Drop Even More

See which station has the lowest gas prices in Peters Township.

The summer driving season is just around the corner, a time when Peters Township drivers brace for more pain at the pump. But maybe not this year. Jeff Edwin was pleasantly surprised Monday when he filled up his sport utility vehicle at the Sheetz on Babcock Boulevard for $3.57 a gallon. “Get it while it's less than $3.60, you know? It's a good thing,” Edwin told the Pittsburgh Tribune-Review . “I'm just hopeful they stay the way they are, and don't start rising again for as long as they can. I'm an average worker with average pay ... and it makes a big difference in my life.” Retail gas prices have dropped steadily since the end of February because more refineries have come back on line after routine maintenance, and crude oil prices have…

Friday, February 8, 2013

PennDOT Secretary Discusses Lifting Gas Tax Cap to Fund Road and Bridge Projects

The move would increase the price of gasoline, but would bring in billions in new revenue to Pennsylvania.

PennDOT Secretary Barry Schoch has a blunt assessment about the state’s aging transportation infrastructure and the government’s new plan to upgrade it. “Every year we duck this issue and every year the bill becomes bigger,” Schoch said. “It doesn’t go away.” Schoch spent Wednesday afternoon meeting with reporters at PennDOT’s District 11 headquarters to outline Gov. Tom Corbett’s plan to uncap the state’s oil company franchise tax, which would increase the price of gasoline, but would bring in billions in new revenue. “There are a lot of questions of the cost about doing this,” Schoch said. “There’s also a cost if we don’t do anything.” The cap on tax at the wholesale level would be lifted over five years in unison with a 2-cents cut in …

Thursday, August 30, 2012

Hurricane and Refinery Fire Spiking Peters Gas Prices

Experts say prices could rise a dime or more a gallon in coming days.

Nothing like a hurricane in the Gulf of Mexico, a refinery fire in Venezuela and an upcoming holiday weekend to create the perfect storm for higher gasoline prices. Nationwide, gasoline prices rose a half-cent a gallon to $3.756 on average for regular unleaded, AAA reported. The cheapest price in Peters Township is about the same. "As of Tuesday afternoon four major refineries, totaling more than one-million barrels per day of refining capacity, have announced their planned closure.  These refineries make up about half of the production capacity in the region where Hurricane Isaac is expected to make landfall," said Michael Green, manager, AAA Public Relations. Add to that, a deadly explosion and fire at Venezuela's largest oil refinery, …

Rick Pfeuffer

10:21 am on Thursday, August 30, 2012

Perfect storm? Why do we consider rising gas prices due to "a storm and holiday demand" acceptable? Has anyone thought that we created this "perfect storm" ourselves by not aggressively drilling for oil and other resources in other areas? Why do we consistently "shoot ourselves in the foot" with our energy/economic policies? Is anyone else out there tired of hearing that every time there is a …   more ›

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