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U.S. Gas Prices Drop Due to Reduced Demand, Despite Approaching Summer Travel Season

U.S. gas prices falling, as experts point to mild demand at the pump ahead of summer travel | News

U.S. gas prices are falling, offering some relief to drivers. The national average for gas prices currently stands at around $3.44, marking a significant 9 cents drop from just one week ago, according to AAA. This is also a reduction of over 19 cents from the price a month ago and more than 14 cents below the price this time last year.

Industry analysts cite a combination of low demand and high supply, coupled with globally moderate oil prices as reasons for the price drop. AAA spokesperson Andrew Gross attributed the dip in demand to changed behavioral patterns post-pandemic and potential lingering impacts of the COVID-19 pandemic.

Factors Contributing to Falling Gas Prices

Data from the Energy Information Administration revealed a decrease in U.S. gasoline demand to approximately 8.94 billion barrels a day, a significant drop from the pre-pandemic 10 billion barrel-a-day range. Analysts attribute this trend to high gas prices following the 2022 invasion of Ukraine by Russia, persistent inflation, an increase in fuel-efficient cars, and the growing popularity of electric vehicles.

Another factor contributing to the reduction in gas prices is the completion of refinery maintenance, which leads to an increase in output, according to Patrick De Haan, head of petroleum analysis at GasBuddy. The Biden administration’s recent announcement of releasing 1 million gasoline barrels from a Northeast reserve to lower summer prices at the pump also plays a part, albeit a minor one.

The Impact of Oil Prices

Lower oil prices, particularly for the U.S. benchmark West Texas Intermediate crude, are another factor. Their current average of under $78 a barrel is significantly lower than the $80 threshold that typically exerts more pressure on pump prices. These prices can fluctuate due to factors such as production cuts from OPEC and allied oil-producing countries, which have previously led to increased energy prices.

Future Gas Prices

While analysts predict prices could continue to decrease, they caution that factors such as hurricane risks could disrupt this trend. In the absence of such unexpected events, analysts expect the national average to fall between $3.35 and $3.70 per gallon.

Current Gas Prices by State

Gas prices vary across states due to factors such as local fuel requirements and proximity to refinery supply. As of the latest AAA data, Mississippi, Oklahoma, and Arkansas have the lowest average gas prices at $2.94, $2.95 and just under $2.97 per gallon, respectively. In contrast, California, Hawaii and Washington have the highest prices with averages of $4.93, $4.75 and $4.41 per gallon, respectively.

Original Story at www.tribdem.com

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Mississippi River Faces Persistent Saltwater Intrusion, Region Seeks Long-Term Solutions



For the third consecutive year, the Mississippi River is experiencing significant saltwater intrusion, prompting local communities and environmental experts to search for sustainable solutions. This recurring issue arises as the river’s flow decreases, allowing saltwater to move upstream and threaten drinking water supplies. The U.S. Army Corps of Engineers is actively involved in addressing this problem, employing temporary measures like saltwater barriers to mitigate the impact on affected areas.



Saltwater infiltration poses serious risks to public health and agriculture, as freshwater sources become compromised. The situation is exacerbated by prolonged periods of drought, which have reduced freshwater flow in the Mississippi River. According to the National Weather Service, drought conditions have worsened due to climate change, increasing the frequency and severity of saltwater intrusion events.



Local authorities are collaborating with federal agencies to explore permanent solutions. Among the proposed strategies are enhanced levee systems and improved water management techniques. The U.S. Army Corps of Engineers is evaluating the feasibility of long-term infrastructure projects to prevent further saltwater encroachment. Additionally, community leaders are advocating for increased funding to support these initiatives and safeguard the region’s water resources.



The impact of saltwater intrusion extends beyond drinking water concerns, affecting local ecosystems and agricultural productivity. Farmers in the region have reported crop damage due to elevated salinity levels in irrigation water. The Natural Resources Conservation Service is working with farmers to implement adaptive practices, such as planting salt-tolerant crops and improving soil management techniques.



As the Mississippi River continues to face challenges from saltwater intrusion, stakeholders emphasize the importance of collaborative efforts and innovative solutions. The ongoing threat underscores the need for comprehensive planning and investment to protect one of America’s most vital waterways from the impacts of climate change and environmental stressors.

November 19, 2024



Environmental activists have raised concerns over the fossil fuel sector’s significant impact on COP29, the latest United Nations Climate Change Conference. Activists argue that the industry’s presence diverts focus from critical climate actions.



The conference, designed to promote global climate agreements, faces criticism for allowing fossil fuel companies to participate extensively. Environmental groups claim these companies undermine efforts to reduce carbon emissions and transition to renewable energy sources.



According to Climate Action Network, fossil fuel representatives have increased their lobbying activities, aiming to weaken climate policies. These industries allegedly influence negotiations, leading to watered-down commitments that fail to address the urgency of climate change effectively.



Experts suggest that the influence of these companies stems from financial contributions and longstanding relationships with decision-makers. Critics argue that this affects the conference’s ability to enforce meaningful climate change regulations.



During the event, several protests highlighted the need for transparency and a stronger focus on sustainable energy solutions. Activists are calling for increased participation of renewable energy stakeholders in future conferences.



The controversy surrounding fossil fuel involvement at COP29 underscores the ongoing challenge of balancing industrial interests with the global imperative to combat climate change.



November 19, 2024