Kansas City’s average price Tuesday was $1.67 for a gallon of regular unleaded gasoline, according to GasBuddy.com, up from $1.56 on Monday and $1.39 just a week ago. Oil prices have risen and gasoline prices has followed. But an oversupply of oil and ample supplies of gasoline are expected to persist. And as long as they do, oil and gas prices will stay relatively low.
Kansas City’s average price Tuesday was $1.67 for a gallon of regular unleaded gasoline, according to GasBuddy.com, up from $1.56 on Monday and $1.39 just a week ago. Oil prices have risen and gasoline prices has followed. But an oversupply of oil and ample supplies of gasoline are expected to persist. And as long as they do, oil and gas prices will stay relatively low. Ty Wright Bloomberg
Kansas City’s average price Tuesday was $1.67 for a gallon of regular unleaded gasoline, according to GasBuddy.com, up from $1.56 on Monday and $1.39 just a week ago. Oil prices have risen and gasoline prices has followed. But an oversupply of oil and ample supplies of gasoline are expected to persist. And as long as they do, oil and gas prices will stay relatively low. Ty Wright Bloomberg

Gas prices are rising, but they are expected to stay below last year’s level

March 01, 2016 02:47 PM