| Page 3 | The Sun | Volume 4, Issue 4 |
| Gas Prices Beginning to Rise |
| Once again the summer months are upon us. With the increase in the amount of travel reducing the supply of gasoline, the price has already begun to increase. Many parts of the United States have already seen overnight increases of $.20-$.30. The press has begun to predict that this summer will surpass the price increases that we saw last year. Is their prediction true? Unfortunately, reserves are currently 5% lower than they were last year at this time. The summer-grade of the newly required Reformulated Gasoline (RFG) that is now required in the larger metropolitan areas has created problems | for the refineries. The refineries either lack the facilities to efficiently produce the special gasoline blend or are having difficulty with the RFGs "Driveability Index," a specification that measures gasolines volatility and its tendency to vaporize.With production cuts in petroleum and storage levels at "end of summer" levels, this summer we may in fact see higher pump prices than last year. It is hard to predict how far the prices may rise, but some analysts have estimated that gas may hit the $3 per gallon price. Oil Express |
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Gas Goodies
| Spending a lot of time putting gas in your car and wondering how to fill the idle minutes? Ten Square wants to help. It plans to install 10,000 interactive gasoline pumps at filling stations around the United States. Initially, customers (who typically spend four-and-a-half minutes filling up) will be able to select | and redeem coupons for a variety of products. Later theyll be able to enter the phone number of their destination and print out or download a movie or diagnose car trouble. Early tests show some consumer responses, 246,639 customers used the pumps. 70 selected coupons and 22 redeemed them on the spot. | |
Grand Re-Opening |
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