Arizona consumers are liking the low gasoline prices! But with - TopicsExpress



          

Arizona consumers are liking the low gasoline prices! But with the Saudis continuing to dump cheap petroleum on the market, the US is feeling the pressure as suppliers start shutting down wells here that are now unprofitable in the current market, which will eventually push prices up as production slows. It is also causing a ripple effect to slow down demand and production of alternative fuels as there is less of a spread between the old and the new in cost, and in the past the cheaper cost of alternative fuels like natural gas have driven drivers to change, but not so now that unleaded is actually lower in some areas than retail CNG for the first time in history causing people to question even making a change, even if it is all domestic and cleaner.
Posted on: Sat, 03 Jan 2015 18:06:12 +0000

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