GRAND RAPIDS, MI -- Gas price volatility is the new norm, and it's already having an effect on West Michigan, one analyst says. The city's average price of a gallon of gas is expected to rise to around the $2.50-mark toward the end of the week, with The halving of world oil prices since June 2014 has generally been reported as a bright spell for oil-importing countries, with various projections of higher GDP growth as a result. But for the environment – and therefore society’s longer-term well Just three months ago, I wrote about the way low gas prices have shifted American auto-buying preferences to less-efficient trucks and SUVs, and why that made little sense. Gas in South Carolina was about $2.75 a gallon then, and is hovering around $2 a TWIN FALLS | It's not surprising that Idaho's gasoline prices have dropped. But for the Gem State to boast the lowest price in the country? Well, that's another story, said Dave Carlson, director of public and government affairs for AAA Idaho. It might It's time to get your wallets warm while at the pumps in Pennsylvania. Residents could end up paying more than our neighboring states. "Right now, we're still lower than average," said AAA Public Relations Director Nina Waskevich. According to GasBuddy.com "The thieves are at it again," said Errol Emrich, of San Jose, who on Monday paid $2.89 a gallon at World Gas on McKee Road, a station offering some of the lowest prices in the South Bay -- but those prices are way up from $2.19 he paid around Feb 1. .
The price of a gallon of gas in the U.S. climbed on Tuesday for the 29th straight day, the longest streak of rising prices since spring of 2014, according to auto club AAA. In Madison, however, the average price for a gallon of gas is the lowest among the As Jim Krane, a longtime journalist and now an energy expert in the Baker Institute for Public Policy at Rice University, told me, we are witnessing, yet again, a classic reaction to low prices. “Consumers are demanding more cheap gas, and producers are Natural Gas prices have plunged by 40% since December. However the demand cycle for gas changes in the Spring. Yet, investors not familiar with the demand cycles of energies may find it curious that supplies are now at their lowest levels of the year. The lowest gas prices in five years had given people more spending money. Employers added more than 1 million jobs from November through January, the best three-month pace in 17 years. Businesses even raised pay in December. Economists had forecast that .
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