Memorial Day Gasoline Prices Highest Since 2012, Near Record Levels

Memorial Day Gasoline Prices Highest Since 2012, Near Record Levels

The price of petroleum products hit near-record levels this week as demand remains strong and supplies struggle to keep pace. The Energy Information Administration (EIA) reports the U.S. average retail price of regular gasoline was $4.59 per gallon on May 23, the highest inflation-adjusted (real) price since 2012 and the…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

3 Ways Technology is Going to Shape the Oil and Gas Industry Free to Download Today

Oil and gas operations are commonly found in remote locations far from company headquarters. Now, it's possible to monitor pump operations, collate and analyze seismic data, and track employees around the world from almost anywhere. Whether employees are in the office or in the field, the internet and related applications enable a greater multidirectional flow of information – and control – than ever before.

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