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Allentown gas prices decline

Gas Anavar Oxandrolone For Sale Uk prices have swung again Testosterone Gel Manufacturers but this time in favor of motorists.

Just a couple of months ago, gas prices were shooting up. The last time summertime prices had been so high was 2008.

But now they've come back down.

HomePICTURES: Gas prices drop around the Lehigh ValleySee all related8 "It makes me feel better," landscaper Aaron Marks said Wednesday afternoon as he filled up his pickup at the Sunoco station on Hamilton Street in west Allentown, "but I don't know if it makes a big difference."

The average price in mid August hasn't been so low since Methandienone Price In Usa 2010, when it was well under $3. Then, the economy was still reeling from the Great Recession, so demand for fuel was weak.

Other factors are driving the current price decline.

Crude oil is the main ingredient in gasoline.

This makes sense, he explained, since the violence in Iraq is mostly occurring in the northern part of the country, but most of the oil infrastructure is in the southern part.

"You could make the argument that it shouldn't have been a catalyst to send prices higher in the first place," he said.

But even more important is what's happening at home, Kloza continued. oil production has surged in recent years thanks to new hydraulic fracturing, or fracking, technology a development that has fundamentally altered the worldwide energy equation.

Since the onset of the Arab Spring in 2011, the United States has increased production by about 3 million barrels a day. Today, its output of nearly 8.5 million barrels daily is just shy of the 9.2 million barrels it consumes.

"That really has changed the calculus," Kloza said.

At the moment, the per barrel price of Brent crude, the international benchmark, is hovering just above $100, down from $115 in mid June.

Also helping are the mild hurricane season, which has left distribution channels open and allowed refineries to operate at full capacity, and improved automobile fuel efficiency standards, which has restrained demand for gasoline.

Kloza predicts gas prices will continue to "Comprar Gh Jintropin" decline through the second half of the year, especially after refineries Hgh Jintropin Avis switch Generieke Levitra Kopen to winter time blends with lower environmental standards. (Such blends may include higher proportions of propane and butane two fuels that also have been made Levitra 20 more plentiful and less expensive by fracking.)

In Pennsylvania, gas prices would even be lower if not for new taxes. As of Jan. 1, wholesale gas taxes in the state increased by 9.5 cents per gallon under the first phase of changes to the oil franchise tax.

Back at the Sunoco station in west Allentown, Joe Garner of Macungie took note of the "Jintropin China Supplier" price at the pump before filling up his pickup.

"You'd think it would be skyrocketing," he said, shrugging his shoulders. "I'm just glad it's going down, because it helps everyone."

 

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