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Gas prices hit $4 per gallon average across U.S.

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NEW YORK (Reuters) – The average price for a gallon of gasoline in the United States rose 11.98 cents in the past two weeks, but last week’s fall in crude oil prices may signal lower costs to come, an industry analyst said on Sunday.

The national average for self-serve, regular unleaded gas was $4 per gallon on May 6, up 11.98 cents from April 22, according to the nationwide Lundberg Survey.

This was still below the all-time high of $4.11 on July, 11, 2008, and last week’s fall in crude oil prices may lead to a 8- to 12-cent drop in prices at the pump over the next few weeks, according to Trilby Lundberg, the survey’s editor.

“If the current oil price stays, gas prices will slide,” Lundberg said, adding that gas prices had peaked around May 4, prior to a $12.06 drop in crude oil prices between May 4 and May 6.

There is already some evidence that gas prices are on a downward trend. In the wholesale market, which is made up of retailers and commercial buyers, prices are already dropping. Unbranded gasoline is down 21 cents per gallon, while branded gasoline is down 14 cents per gallon since Monday, May 2, Lundberg said.

Still, there is no guarantee that crude oil prices will not bounce back and a number of risks remain. Libya’s oil production has not been restored and, while U.S. gas demand is slipping because of the higher prices, it is not clear whether it is affecting developing countries’ demands for energy.

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“We can’t know what oil prices will do,” said Lundberg. “The main drivers of oil price increases have not gone away.”

At $4.50 per gallon, Chicago had the highest average for self-serve, regular unleaded gas, while the lowest price was $3.62 in Tucson, Arizona.

(Reporting by Helen Kearney, editing by Maureen Bavdek)

Source: Reuters US Online Report Top News

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‘White woman problems’: Twitter stomps ‘lifestyle guru’ after she goes berserk over checkout glitch at Target

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A self-described "lifestyle guru" and TV host is coming under fire after she raged on Twitter about problems purchasing items at Target.

In a tweet on Saturday, Meaghan Mooney demanded Target "make good" after she was not able to immediately purchase a cart filled with goods.

"I just filled my l cart w/ hundreds of $ of merch I need TODAY, but REGISTERS ARE DOWN GLOBALLY???" Mooney wrote. "And NOW after I begging your staff to put my items on hold, I only have till EOD?? 1 inconvenience after the next. How will you be making good w us consumers?!"

Hey @Target — I just filled my l cart w/ hundreds of $ of merch I need TODAY, but REGISTERS ARE DOWN GLOBALLY??? And NOW after I begging your staff to put my items on hold, I only have till EOD?? 1 inconvenience after the next. How will you be making good w us consumers?! #Target pic.twitter.com/4KQTtdNv0M

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MSNBC guest ridicules Trump-fan Steve Cortes as possible Sarah Sanders replacement: ‘He’s a nut — have you seen him on TV?’

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Discussing the departure of Donald Trump's spokesperson Sarah Sanders from the White House, an MSNBC panel surveyed her possible replacements with one ridiculed for his appearances on TV defending the president.

Speaking with "AM Joy" fill-in host Jonathan Capehart, The Beat DC editor Tiffany Cross shot former Trump associate Stever Cortes -- a regular on CNN -- down as a possible candidate.

"There are names that are out there," Capehart suggested. "[Meliania Trump spokesperson] Stephanie Grisham and Hogan Gidley and Steve Cortes."

Pointing out that Grisham is the most likely contender, and the Trump would probably prefer a woman, Cross called out Cortes for his TV appearances.

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2020 Election

Can at least half the 2020 Democrats please quit right now?

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OK, Democrats — you’ve had your fun. You grew up being told that everybody could run for president, and then everybody did. Except that this mad anthill scramble of presidential candidates, which resembles a bunch of kindergarteners descending on not enough cookies, really hasn’t been fun so far. All you’ve managed to do is put the fear of God — or the fear of the other guy, more like — into the voters, provoking widespread PTSD flashbacks to November 2016.

This article first appeared in Salon.

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