Summer Gas Prices May Depend on Oil Production, Iran Sanctions

The Memorial Day travel period may be behind us, but gas prices continue to fluctuate. GasBuddy.com Senior Petroleum Analyst Patrick DeHaan says gas stations started raising their prices again late last week. “Oil prices had given up a little bit of ground on hopes that OPEC will raise production,” he explains, “but then quickly gave those losses back up and moved back up. Overall, I think we’ll see prices a little bit lower than where they were just ahead of Memorial Day weekend.”

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Donnelly Votes In Favor of Keystone XL, Supports Iran Sanctions

Indiana State Senator Joe Donnelly has voted to approve legislation that authorizes the Keystone XL Pipeline.

In a 62-36 vote, Donnelly says he’s pleased with the result. The move brings the legislation one step closer to the White House. The Senate bill will either need to be approved by the House of Representatives, or merged with a similar bill previously voted on.
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