Oils Inventories News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Today s national average $3.76 a gallon. maybe in your area a little higher or lower than that. it s the fastest run up we ve seen in gas prices since 2005. now our government says state and local taxes are helping to fuel these prices at the pump. elizabeth mcdonald is on this story today. liz. reporter: the argument and debate down on wall street is why are gas prices zooming so much higher? yes it s a refinery issue, yes it s a switch to summer blends, but also the u.s. government is weighing in on this. the energy information administration which is part of the department of energy put out this note. of it said essentially watch this tax move on the part of oil companies. in the month of december oil inc inch ten inventory convenient torreys dropped in the gulf coast region a tremendous amount, and why? look at this statement from the eia? they ve said u.s. oils inventories typically decline in ....

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