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<channel><title><![CDATA[Cheap Gas Prices - News]]></title><link><![CDATA[http://www.cheap-gasprices.com/news.html]]></link><description><![CDATA[News]]></description><pubDate>Mon, 14 Mar 2011 07:28:10 -0800</pubDate><generator>Weebly</generator><item><title><![CDATA[Hybrid Hype]]></title><link><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/hybrid-hype.html]]></link><comments><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/hybrid-hype.html#comments]]></comments><pubDate>Sun, 16 Aug 2009 00:16:27 -0800</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.cheap-gasprices.com/2/post/2009/08/hybrid-hype.html</guid><description><![CDATA[The new Prius has Matured green car from poster child to a nicely refined, midsize hatchback that happens to be a gasoline-electric hybrid that is EPA-rated for 51 mpg around town.  Most people know this pop-culture icon as a hybrid and a Toyota, but the 2010 redesign model may be less of a rebel.  For those who have not been inundated with trivia Prius, it is a full hybrid with a nickel-metal-Hydride battery pack. It ca [...] ]]></description><content:encoded><![CDATA[<div  class="paragraph" style=" text-align: left; ">The new Prius has Matured green car from poster child to a nicely refined, midsize hatchback that happens to be a gasoline-electric hybrid that is EPA-rated for 51 mpg around town. <br /><br /> Most people know this pop-culture icon as a hybrid and a Toyota, but the 2010 redesign model may be less of a rebel. <br /><br /> For those who have not been inundated with trivia Prius, it is a full hybrid with a nickel-metal-Hydride battery pack. It can be driven on battery power alone, gasoline engine alone or a blend of both. <br /><br /> The new model comes in five trim levels, with pricing that starts at $ 21.750. The top-line V Prius test car starts at $ 28,020 and as tested was $ 33.079. <br /><br /> The entry-level model has not been released and likely will remain a basic car to do battle with the new Honda Insight, which has a starting price of $ 20.510.</div>]]></content:encoded></item><item><title><![CDATA[State's gasoline tax misused for a long time]]></title><link><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/states-gasoline-tax-misused-for-a-long-time.html]]></link><comments><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/states-gasoline-tax-misused-for-a-long-time.html#comments]]></comments><pubDate>Sun, 16 Aug 2009 00:15:37 -0800</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.cheap-gasprices.com/2/post/2009/08/states-gasoline-tax-misused-for-a-long-time.html</guid><description><![CDATA[Apparently Gerald Nicely, Commissioner for Transport, who feels the need to increase taxes to fund our roads ( "New methods of financing fundamental" of August 11).  Advertising  For decades, the state of Tennessee had a gasoline tax dedicated to the financing of its road system and constantly running a huge surplus. And, for decades the roads of Tennessee, which is generally considered among the top three in the nation.  [...] ]]></description><content:encoded><![CDATA[<div  class="paragraph" style=" text-align: left; ">Apparently Gerald Nicely, Commissioner for Transport, who feels the need to increase taxes to fund our roads ( "New methods of financing fundamental" of August 11). <br /> Advertising <br /><br /> For decades, the state of Tennessee had a gasoline tax dedicated to the financing of its road system and constantly running a huge surplus. And, for decades the roads of Tennessee, which is generally considered among the top three in the nation. <br /><br /> So what happened? TennCare happened. And Gov. Phil Bredesen happened. Who broke into the road fund to supplement the general revenue fund to help. And we all know that once a group of politicians get their hands on a new source of funding, its "Katie bar the door." <br /><br /> Our politicians must discuss the rededication of gasoline taxes back to the roads. But in contrast, wring their hands and talk about how they have no idea why there is not enough money in the fund to the highway. <br /><br /> But, of course, know how to fix it as they know how to solve every problem state. <br /> Just raise taxes.</div>]]></content:encoded></item><item><title><![CDATA[U.S. gasoline highest price in 7 weeks]]></title><link><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/us-gasoline-highest-price-in-7-weeks.html]]></link><comments><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/us-gasoline-highest-price-in-7-weeks.html#comments]]></comments><pubDate>Sun, 16 Aug 2009 00:13:52 -0800</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.cheap-gasprices.com/2/post/2009/08/us-gasoline-highest-price-in-7-weeks.html</guid><description><![CDATA[WASHINGTON (Reuters) - U.S. prices of retail gasoline rose nearly a penny over the past few weeks, reaching its highest level in seven weeks, the Energy Department said on Monday.   The national price for regular unleaded gasoline rose 9 cents from the previous week to $ 2.65 per gallon, $ 1.16 for a one year earlier, the Energy Information Administration said in its weekly survey of service stations .   Prices at the pu [...] ]]></description><content:encoded><![CDATA[<div  class="paragraph" style=" text-align: left; ">WASHINGTON (Reuters) - U.S. prices of retail gasoline rose nearly a penny over the past few weeks, reaching its highest level in seven weeks, the Energy Department said on Monday. <br /> <br /> The national price for regular unleaded gasoline rose 9 cents from the previous week to $ 2.65 per gallon, $ 1.16 for a one year earlier, the Energy Information Administration said in its weekly survey of service stations . <br /> <br /> Prices at the pump have risen over the past three weeks as higher oil prices have increased costs for refiners to make gasoline. <br /> <br /> Crude oil 33 cents to $ 70.60 a barrel in futures trade on Monday on the New York Mercantile Exchange.  <br /> <br /> The average price of gasoline increased in all regions of the country.  <br /> <br /> Gasoline was most expensive on the West Coast at $ 2.95 per gallon, up 12.5 cents the previous week. San Francisco had the highest big city price of gasoline at $ 3.06, up 12 cents. <br /> <br /> The coast of the Gulf of Mexico had the lowest regional price of $ 2.52, up 9.1 cents. Houston had the cheapest price at $ 2.47, up 9.3 cents. <br /> <br /> The EIA also reported gasoline prices jumped 7.6 cents to $ 2.60 in Boston, up 6.5 cents to $ 2.74 in Chicago, up 10.8 cents to $ 2.62 in Cleveland, to 7.8 cents to $ 2.51 in Denver, up 12.5 cents to $ 3.05 in Los Angeles, up 6.8 cents to $ 2.71 in Miami, up 7.2 cents to $ 2.67 in New York and 11.8 cents to $ 2.83 in Seattle. <br /> <br /> Moreover, the average price for diesel rose 7.5 cents to $ 2.63 per gallon at $ 1.73 a year earlier.  <br /> <br /> The Central Atlantic region had the most expensive diesel at $ 2.76 per gallon, up 8.4 cents from a week ago. The Rocky Mountain region had the cheapest diesel at $ 2.57, up 3.6 cents.</div>]]></content:encoded></item><item><title><![CDATA[Gasoline odor stops new Show Low library construction ]]></title><link><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/gasoline-odor-stops-new-show-low-library-construction.html]]></link><comments><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/gasoline-odor-stops-new-show-low-library-construction.html#comments]]></comments><pubDate>Sun, 16 Aug 2009 00:12:37 -0800</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.cheap-gasprices.com/2/post/2009/08/gasoline-odor-stops-new-show-low-library-construction.html</guid><description><![CDATA[Show Low - Building the new library in the city has been halted at least temporarily, due to an unexpected bit of soil contamination at the site.  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; According to the Director of Community Services Joel weeks, construction crews encountered the problem in two or three weeks when they dug through the existing library at 20 N. Sixth St. &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Weeks said that two ho [...] ]]></description><content:encoded><![CDATA[<div  class="paragraph" style=" text-align: left; ">Show Low - Building the new library in the city has been halted at least temporarily, due to an unexpected bit of soil contamination at the site. <br /> <br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; According to the Director of Community Services Joel weeks, construction crews encountered the problem in two or three weeks when they dug through the existing library at 20 N. Sixth St. <br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Weeks said that two houses and the White Mountain Passenger Lines above is found on the site along with an underground storage of petrol bombs used by the line of passengers. Before the city bought the property, received Department of Environmental Quality of the documentation indicating that the site has been cleaned adequately, but apparently was not the case. <br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "When we arrived at the excavation, there was a smell of petrol, and we did some tests and determined that the site actually had not been cleaned properly," said weeks. <br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; He said that "serious investigations" had been scheduled to start on Wednesday or Thursday to definitively assess the situation. <br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "We are quite sure that the waste of gasoline, benzine, but is nothing more than some petrol never cleaned off the site," he said. <br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; In terms of evaluation, Weeks said Columbia Analytical Services, a contractor who specializes in the type of cleanup required at the scene, along with the core system of the building (the company building the new library), gave a characterization "page to see how much contamination of soil and how much must be removed to meet the requirements of the law, but the test results not yet available. <br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Weeks, said the city is doing its best to take care of the situation, but that probably will not have further details until sometime next week. <br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; "We're not trying to hide anything," said weeks. "It is quite obvious that there is a problem and has nothing to do with a gas line. It's just enough that we have determined (the previous owners) did not clean the underground storage tank, as they said they had." <br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; He added that the city is returning to ADEQ to see if any of HUD Brownfields Economic Development grant money available that could be used to offset any cost to the city but not speculate about what, if any, that the cost might be. <br />&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Weeks said that the community will be updated as soon as more definitive information.</div>]]></content:encoded></item><item><title><![CDATA[Man sought after girlfriend doused with gasoline, set on fire in Sebastian County]]></title><link><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/man-sought-after-girlfriend-doused-with-gasoline-set-on-fire-in-sebastian-county.html]]></link><comments><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/man-sought-after-girlfriend-doused-with-gasoline-set-on-fire-in-sebastian-county.html#comments]]></comments><pubDate>Sun, 16 Aug 2009 00:11:31 -0800</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.cheap-gasprices.com/2/post/2009/08/man-sought-after-girlfriend-doused-with-gasoline-set-on-fire-in-sebastian-county.html</guid><description><![CDATA[FORT SMITH, Ark. (AP) &mdash; Sebastian County authorities are searching for an illegal alien wanted for questioning after his girlfriend was set on fire. Sebastian County Sheriff's Capt. William Hollenbeck says 32-year-old Rigorberto Saenz is wanted on a felony warrant for first-degree domestic abuse in connection with Sunday's incident. Hollenbeck says Petrina Moguel-Mendez suffered second- and third-degree burns after [...] ]]></description><content:encoded><![CDATA[<div  class="paragraph" style=" text-align: left; ">FORT SMITH, Ark. (AP) &mdash; Sebastian County authorities are searching for an illegal alien wanted for questioning after his girlfriend was set on fire.<br /><br /> Sebastian County Sheriff's Capt. William Hollenbeck says 32-year-old Rigorberto Saenz is wanted on a felony warrant for first-degree domestic abuse in connection with Sunday's incident.<br /><br /> Hollenbeck says Petrina Moguel-Mendez suffered second- and third-degree burns after she was doused with gasoline and set on fire. She remained in critical condition Friday at a Little Rock Hospital.<br /><br /> Hollenbeck says an arrest warrant was issued for Saenz because of statements from Moguel-Mendez and the woman's 8-year-old son.<br /><br />              He says the two have a history of domestic abuse.<br /><br />              ___<br /><br />              Information from: Southwest Times Record, http://www.swtimes.com/</div>]]></content:encoded></item><item><title><![CDATA[Technical Analysis sugest that the gasoline prices may fall]]></title><link><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/technical-analysis-sugest-that-the-gasoline-prices-may-fall.html]]></link><comments><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/technical-analysis-sugest-that-the-gasoline-prices-may-fall.html#comments]]></comments><pubDate>Sun, 16 Aug 2009 00:10:29 -0800</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.cheap-gasprices.com/2/post/2009/08/technical-analysis-sugest-that-the-gasoline-prices-may-fall.html</guid><description><![CDATA[By Barbara Powell  Aug. 14 (Bloomberg) - Gasoline futures may abatement to $ 2.02 per gallon to $ 1.76 in mid-September and beneath $ 1.35 by year-end, according to abstruse assay by Infinitytrading. com. The foreground months gasoline arrangement is accessible for a accelerate to $ 1.9575, aural seven to 10 canicule and again $ 1.7619 aural 30 days, said Fain Shaffer, admiral of Infinitytrading.com a article allowance i [...] ]]></description><content:encoded><![CDATA[<div  class="paragraph" style=" text-align: left; ">By Barbara Powell <br /><br /> Aug. 14 (Bloomberg) - Gasoline futures may abatement to $ 2.02 per gallon to $ 1.76 in mid-September and beneath $ 1.35 by year-end, according to abstruse assay by Infinitytrading. com. <br /><br />The foreground months gasoline arrangement is accessible for a accelerate to $ 1.9575, aural seven to 10 canicule and again $ 1.7619 aural 30 days, said Fain Shaffer, admiral of Infinitytrading.com a article allowance in Medford , Oregon. Prices may abatement in April to $ 1.3411, he said. <br /><br />"We are abrogation the aiguille hours of demand, we've apparent the highs in the bazaar and could be the conception of a acceptable drop," Shaffer said in an interview. "I anticipate you may accept apparent a aiguille in the bazaar at $ 2.08. The next ambition is $ 1.95 and there could chargeless fall." <br /><br />The ambition of $ 1.9575 represents the average Bollinger Band, which has maintained back July 22. Beneath that is $ 1.7619, the lower Bollinger bandage a akin of abutment that has not been breached back July 9. <br /><br />The September arrangement accomplished a alleged bifold beforehand this month, affecting $ 2.0855 on August 3 and $ 2.0831 yesterday, and declining alert to breach and accomplish a new high. <br /><br /> "It is about a assurance of exhaustion," said Shaffer. <br /><br /> September supply of gasoline fell 0.61 cent, or 0.3 percent, to $ 2.0192 a gallon bygone in the New York Mercantile Exchange.</div>]]></content:encoded></item><item><title><![CDATA[Gas Prices Reach Their Peak ]]></title><link><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/gas-prices-reach-their-peak.html]]></link><comments><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/gas-prices-reach-their-peak.html#comments]]></comments><pubDate>Sun, 16 Aug 2009 00:08:28 -0800</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.cheap-gasprices.com/2/post/2009/08/gas-prices-reach-their-peak.html</guid><description><![CDATA[ NEW YORK (CNNMoney.com) - Gasoline prices, which accept risen 19 cents in the endure 20 canicule are not far from the accomplished industry analysts apprehend this summer, but still able-bodied beneath the almanac endure year. The civic boilerplate bulk for a gallon of gas could ambit amidst $ 2.55 and $ 2.70 per gallon in the advancing weeks, according to agent Troy Green motoring accumulation AAA. However, he cautione [...] ]]></description><content:encoded><![CDATA[<div  class="paragraph" style=" text-align: left; "> NEW YORK (CNNMoney.com) - Gasoline prices, which accept risen 19 cents in the endure 20 canicule are not far from the accomplished industry analysts apprehend this summer, but still able-bodied beneath the almanac endure year. <br /><br />The civic boilerplate bulk for a gallon of gas could ambit amidst $ 2.55 and $ 2.70 per gallon in the advancing weeks, according to agent Troy Green motoring accumulation AAA. <br /><br />However, he cautioned that the appraisal depends on factors such as bulk of crude, which has added in contempo weeks and the severity of the ahead quiet blow season. <br /><br />The civic boilerplate bulk for a gallon of approved gasoline rose 0.2 cent to $ 2.645 Monday, according to the AAA circadian analysis of up to 100,000 gas stations. <br /><br />Prices accept added every day aback July 21 if the civic boilerplate stood at $ 2.458 per gallon. During that time, the civic boilerplate has risen 18.7 cents, or 7.6%. <br /><br />Hawaii had the accomplished gas prices of any accompaniment at $ 3.179 per gallon. The prices were cheaper in South Carolina, area gas averages $ 2.424 per gallon. <br /><br />Looking ahead: While July and August are aiguille months of driving, ascent unemployment has bound the bulk of active Americans can allow to do this summer. <br /><br />"We're still seeing a melancholia access in appeal for gasoline, but not as generally get," said Chris Lafakis, an economist who specializes in activity issues at Moody's Economy.com.<br /><br />0:00 / 5:42 Betting on activity and technology <br /><br /> On June 21, exceeded the civic boilerplate $ 2693 per gallon - its accomplished akin in the year. But prices fell in the weeks afterward the July 4 holiday, bottomward beneath $ 2.50 per gallon. <br /><br />Last summer, gas prices rose to an boilerplate of best top of $ 4.114 per gallon in July. That came on the aback of oil prices abreast $ 150 a barrel. <br /><br />But prices fell acutely in the additional bisected of endure year the appeal for oil and gas evaporated amidst the bread-and-butter crisis. In December, the civic boilerplate gas bulk sank to a low of $ 1656. <br /><br />Oil rally: The aiguille is presented as the bulk of crude, which is the capital additive in gasoline, has met in acknowledgment to signs of bread-and-butter stabilization and a weaker dollar. Oil has been trading in the low $ 70 in contempo canicule afterwards getting in the ambit of $ 60 endure month. <br /><br /> "The capital agency active the access in gas prices is college oil prices," said Lafakis. <br /><br />"In the abbreviate term, there is some upside accident to the bulk of gasoline," he added. "With the activity optimistic on the market, investors could advance oil to $ 80 per butt and that will affect gas prices." <br /><br />Investors accept become added accommodating to put money in the oil bazaar afresh as the U.S. abridgement has apparent signs that he is advancing the end of a continued 18 months of recession. The bigger angle has aloft bets that the plaintiff could balance bound in the world's better customer of crude. <br /><br />Oil prices were aswell pushed by the better bead of the dollar, authoritative dollar, as awkward oil cheaper for adopted investors. <br /><br />"Apparently, investors accept that the abridgement has angry around, and that is befitting oil prices thanks," said Troy Green AAA. "But it is not due to the dynamics of accumulation and demand." To top</div>]]></content:encoded></item><item><title><![CDATA[Houston Gas Prices rise once again]]></title><link><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/houston-gas-prices-rise-once-again.html]]></link><comments><![CDATA[http://www.cheap-gasprices.com/2/post/2009/08/houston-gas-prices-rise-once-again.html#comments]]></comments><pubDate>Sun, 16 Aug 2009 00:06:06 -0800</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.cheap-gasprices.com/2/post/2009/08/houston-gas-prices-rise-once-again.html</guid><description><![CDATA[Gasoline prices connected to acceleration endure week, with drivers now paying an boilerplate of Houston for $ 2.50 for a gallon of approved unleaded, according to AAA Texas. That is an access of 4 cents per gallon compared with endure week.  In Galveston, the prices rose even more, averaging $ 2.51 per gallon, compared with $ 2.45 endure week.  State, prices rose 5 cents to $ 2.54. Nationally, the boilerplate gallon of  [...] ]]></description><content:encoded><![CDATA[<div  class="paragraph" style=" text-align: left; ">Gasoline prices connected to acceleration endure week, with drivers now paying an boilerplate of Houston for $ 2.50 for a gallon of approved unleaded, according to AAA Texas. That is an access of 4 cents per gallon compared with endure week. <br /><br /> In Galveston, the prices rose even more, averaging $ 2.51 per gallon, compared with $ 2.45 endure week. <br /><br /> State, prices rose 5 cents to $ 2.54. Nationally, the boilerplate gallon of gas is 4 cents to $ 2.65. <br /><br />"Rising gas prices in contempo months has added about $ 2.56 - the amount of a gallon - for anniversary 14-gallon fill," AAA Texas agent Sarah SCHIMMER said in a statement. <br /><br />AAA said oil prices over contempo months has added to added than $ 71 a butt from about $ 60 per barrel. Industry analysts accept oil prices are ascent because there are signs the all-around abridgement is arising from recession and oil appeal to access over time, according to the agency. <br /><br />However, ascent oil prices and gasoline has appear at the aforementioned time, the U.S. Energy Information Administration appear a greater than accepted access in stocks of oil and gasoline appeal actual sluggish.</div>]]></content:encoded></item><item><title><![CDATA[Europe Gasoline Prices Rise]]></title><link><![CDATA[http://www.cheap-gasprices.com/2/post/2009/07/europe-gasoline-prices-rise.html]]></link><comments><![CDATA[http://www.cheap-gasprices.com/2/post/2009/07/europe-gasoline-prices-rise.html#comments]]></comments><pubDate>Tue, 28 Jul 2009 15:37:23 -0800</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.cheap-gasprices.com/2/post/2009/07/europe-gasoline-prices-rise.html</guid><description><![CDATA[LONDON July 27 (Reuters) - European gasoline has added by about$ 5 per tonne on Monday, accurate by slight assets in awkward oil andU.S. motor ammunition futures and bound food in the Mediterranean Sea.     Traders said lower oil assembly in Europe, abnormally inin the Mediterranean region, accept a abutting attic beneath pricesUnited States and college prices to animate arbitrage oppo [...] ]]></description><content:encoded><![CDATA[<div  class="paragraph" style=" text-align: left; ">LONDON July 27 (Reuters) - European gasoline has added by about<br /><br />$ 5 per tonne on Monday, accurate by slight assets in awkward oil and<br /><br />U.S. motor ammunition futures and bound food in the Mediterranean Sea. <br /><br />    Traders said lower oil assembly in Europe, abnormally in<br /><br />in the Mediterranean region, accept a abutting attic beneath prices<br /><br />United States and college prices to animate arbitrage opportunities. <br /><br />   <br /><br />    PRICES <br /><br />    * Premium 10ppm unleaded gasoline barges traded at $ 653 - $ 658<br /><br />tonne FOB at the abutting of $ 653.50 on Friday. Prices<br /><br />near its accomplished akin this month. <br /><br />    * The aggregate was bound to alone 5000 bags of alteration hands.<br /><br />Trafigura was the capital buyer, as it was backward endure week. <br /><br />    * Fracture of-BFO Brent has risen to about $ 9.20 to<br /><br />the butt from $ 8.90. <br /><br />    * Brent awkward oil futures were 15 cents at $ 70.47 in 1604<br /><br />GMT. <br /><br />    * U.S. RBOB gasoline futures rose about RBc1 one cent<br /><br />   $ 1.92 per gallon. <br /><br />   <br /><br />    BASICS <br /><br />    * U.S. gasoline inventories accept added over the accomplished six<br /><br />weeks, abrogation some analysts to brainstorm in prices may have<br /><br />peak in this year. [ID: nN24461746] <br /><br />    * Vietnam Saigon Petro is accepted to anon affair of petrol<br /><br />and agent atom tenders for the accumulation of August, as the home<br /><br />Refineries attempt to accumulate clip with demand, traders said<br /><br />Monday. [ID: nSP413545] <br /><br />    * They said Saras, fabricated a attenuate abode to acquirement gasoline<br /><br />July supply at the amount of maintaining, at its refinery in Sardinia. <br /><br />   <br /><br />    NAFTA <br /><br />    * Nafta was discussed about $ 580 per tonne CIF Nwe. <br /><br />   <br /><br />    SWAP <br /><br />    * Ammunition barge swaps began a anniversary on bullish note<br /><br />and affected a new four-week top of $ 656 tonne FOB ARA. <br /><br />    * A slight change in the anatomy of the curve,<br /><br />September barter at $ 10 abatement to the foreground month<br /><br />compared with the $ 11.50 abutting on Friday. <br /><br />    * In the actual months were backwardated to<br /><br />December. <br /><br />    * Naphtha swaps mirror force in the oil bazaar and<br /><br />August was endure apparent aloft $ 11 to $ 588 per tonne CIF Nwe and $ 2<br /><br />above the September contract.<br /><br />   (Information David Sheppard and Emma Farge; alteration Ikuko<br /><br />Kurahone) </div>]]></content:encoded></item><item><title><![CDATA[China Cuts Prices]]></title><link><![CDATA[http://www.cheap-gasprices.com/2/post/2009/07/china-cuts-prices.html]]></link><comments><![CDATA[http://www.cheap-gasprices.com/2/post/2009/07/china-cuts-prices.html#comments]]></comments><pubDate>Tue, 28 Jul 2009 15:34:11 -0800</pubDate><category><![CDATA[Uncategorized]]></category><guid isPermaLink="false">http://www.cheap-gasprices.com/2/post/2009/07/china-cuts-prices.html</guid><description><![CDATA[July 28 (Bloomberg) - China, the world's second-largest customer of energy, abridgement of gasoline and agent ammunition at a amount not beneath than 3.3 per cent afterwards three increases back March accept acquired accessible affair that ammunition costs are too high. Pump prices for 90 octane petrol will be anchored at a best of 5.7 yuan ($ 0.83) per liter, or about $ 3.14 per gallon, in Beijing, the National Development and Refo [...] ]]></description><content:encoded><![CDATA[<div  class="paragraph" style=" text-align: left; ">July 28 (Bloomberg) - China, the world's second-largest customer of energy, abridgement of gasoline and agent ammunition at a amount not beneath than 3.3 per cent afterwards three increases back March accept acquired accessible affair that ammunition costs are too high. <br /><br />Pump prices for 90 octane petrol will be anchored at a best of 5.7 yuan ($ 0.83) per liter, or about $ 3.14 per gallon, in Beijing, the National Development and Reform Commission says in a annual on its website. Prices accept been adapted to reflect the abatement in the all-around prices of crude, said in Chinese alpha planning agency. <br /><br />Today's amount cut, the additional this year, will advice abate costs for manufacturers, as China targets 8 percent bread-and-butter advance this year to actualize jobs and advance amusing stability. The Government of the third access of 30 June resulted in "a ample accessible debate," according to the official annual bureau Xinhua, China, afterwards gasoline prices accept exceeded those in the United States, the world's better oil user. <br /><br />"This move is to a assertive extent, signaling that the Chinese Government is accedence to accessible burden on the acclimation of ammunition prices," Wang Jing, arch oil analyst Ltd. Orient Securities, said by corpuscle buzz in Shanghai. "He aswell assured that the industry in the country will attach to the ammunition appraisement formula. " <br /><br />The Chinese Government controls the prices in accordance with the apparatus that takes into annual awkward oil costs, taxes and accumulation refiners, including China Petroleum and Chemical Corp and PetroChina Co, the nation's better producers of fuel. China may change the amount of ammunition if awkward oil costs change by added than 4 percent during the 22 alive days, Reform Commission said in May. <br /><br /> PetroChina, Sinopec <br /><br />"The endure ammunition amount cuts would abate the allotment of these two companies, as the move shows the Government is carefully the appliance of the appraisement apparatus and will acquiesce oil companies to canyon on college costs, if prices for awkward to rise," said Grace Liu, an analyst at Guotai Junan Securities in Shenzhen. <br /><br />PetroChina acquired 1.8 percent to HK $ 9.49 in Hong Kong trading afore the advertisement of ammunition prices, and Sinopec, as China Petroleum is known, rose by 0.7 per cent of HK $ 7.14. <br /><br />Prices of gasoline answerable by refiners alone to 3.3 per cent to 6510 yuan per ton, or 70 U.S. cents per liter, starting tomorrow, and agent amount will bead to 3.7 per cent to 5770 yuan per ton, the National Development and Reform said today. Jet ammunition prices will be bargain to 5.5 per cent to 4770 yuan per ton. The amount of gasoline in Beijing, is set at $ 3.14 per gallon, compared with an boilerplate of $ 2.49 per gallon in the United States <br /><br /> 'Public wrong' <br /><br />Petrol and agent prices added by an boilerplate of 24 per cent this year, according to calculations by Bloomberg. China to abate prices by as abundant as 3 percent in January. <br /><br />About 94.3 per cent added than 260,000 humans advised in the Chinese web aperture sina.com anticipate ammunition prices are too high, told Xinhua on July 1. Reform Commission said in a annual anachronous July 14 that the accessible had the "wrong" on the accompaniment of fuel-pricing mechanism. <br /><br />Fuel prices were aloft by "no added than 25 percent" back mid-January, compared with 70 percent accretion in apple oil prices during this period, the Commission said in a statement.</div>]]></content:encoded></item></channel></rss>

