API sends president policy suggestions to address energy crisis
Following an ongoing energy crisis that has seen fuel prices soar both in Florida and across the country, the American Petroleum Institute sent a letter to the President Biden’s office with ten “immediate steps” the organization recommends to help increase energy supply.
President Biden sets out oil, gas leasing reform, stops short of ban
The Biden administration has recommended an overhaul of the nation’s oil and gas leasing program to focus on areas that are most suitable for energy development and raise costs for energy companies to drill on public lands and water.
Gas prices near $3 per gallon as travel starts again
Start saving now for your summer road trip as analysts say $3 a gallon gas is coming. The price of gas has been on a tear going up every day for the past 47 days. In Florida, the average cost across the state is already slightly higher at $2.90 per gallon, according to AAA. Instead, it’s about increases in demand as people start driving again coupled with cuts in production by Frackers and Opec. Many analysts believe we are on the cusp of a new oil “super-cycle.”But don’t worry, they say oil producers won’t let the price of gas go up to $4 a barrel.
Save the date: Buc-ee’s announces grand opening for new Daytona Beach location
DAYTONA BEACH, Fla. – You’ve known Buc-ee’s was coming to Daytona Beach but now you know when. AdBuc-ee's travel center (Buc-ee's)Of course, there will be the popular Beaver nuggets. “We are excited to become part of the iconic Daytona Beach culture,” said Stan Beard of Buc-ee’s. We have been so impressed by the efforts of both Volusia County and City of Daytona Beach staffs, and we can’t thank them enough for their support during the construction and opening process. This is a great place to do business.”This Daytona Beach location is the company’s second in Florida, as it just recently opened a travel center in St. Augustine in February.
Gas prices rise as America reopens
All rights reserved)As the U.S. reopens, and Americans begin to travel again, gas prices are on the rise. Prices at the pump have risen for the sixth straight week now. The fuel savings app Gas Buddy says the average cost of a gallon is $2.10 nationwide. Still compared to last summer, prices are about 70 cents less per gallon than a year ago. Analysts expect gas prices to continue to creep up throughout the summer as more Americans hit the road.