Gas Prices Jump on Refining Worry
Gasoline prices have begun to move higher, in large part due to a refinery fire at a Chevron (NYSE: CVX) refinery in California. Gas prices have fallen for nearly three months, a trend which economists believe may help stabilize a…
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Gasoline prices have begun to move higher, in large part due to a refinery fire at a Chevron (NYSE: CVX) refinery in California. Gas prices have fallen for nearly three months, a trend which economists believe may help stabilize a troubled economy.
According to AAA Fuel Gauge, the average price of a gallon of regular gas nationwide yesterday was $3.692 up from $3.685 the day before. The real rise can be seen compared to the price a month ago — $3.388. The one-month increase is 9%.
The price of regular in California has risen quickly to $4.072. Only Hawaii has a higher price at $4.169.
Douglas A. McIntyre
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Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.
McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.
His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.
A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.
TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.
McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.
