crude oil

Don Rush

(AP) - It’s that time of year when gas prices are expected to rise as the tourist season gets underway on Delmarva.

Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way.

The U.S. daily national average for regular gasoline is now $2.81 per gallon. That's up from about $2.39 per gallon a year ago

And across the U.S., 13 percent of gas stations are charging $3 per gallon or more, AAA Mid-Atlantic said last week.

Shipments of crude oil have been sent from Delaware City Refinery to third-party destinations in 2014.

That admission comes from the facility’s owner PBF Energy after claiming in 2013 that it had only sent one shipment to a destination in New Jersey which was authorized by the Delaware Department Natural Resources and Environmental Control.

The Wilmington News Journal reports that the state decided not to issue a sanction against PBF for a shipment of crude oil to a Philadelphia refinery that same year.

Don Rush

With the summer over there’s good news on gas front.

The price of a gallon of gas has dropped below the $3 mark at some Lower Shore gas stations.

Over the last month the price of a gallon of gas has declined by 21 cents.

If the trend continues it could find gas prices 40 cents lower.

The Salisbury Daily Times reports that there has been a sell-off of crude oil which is expected to push down the November delivery wholesale prices in the U.S.

AAA Mid-Atlantic says the decline is usual for this time of year with the transition to cooler weather.

PBF Eneregy

DOVER, Del. (AP) - A state panel is set to hear a high-stakes appeal by environmentalists of an air pollution permit issued to PBF Energy's Delaware City oil refinery.

The permit granted by Delaware's environmental secretary in May involves the loading of crude oil onto barges for shipment to another PBF refinery in Paulsboro, N.J. 

That operation is part of a larger transfer operation in which PBF brings crude oil by rail from various sources, including tar sands oil from Canada, to a new rail loop near Delaware City that can accommodate hundreds of tanker cars each week.