AAA Daily Fuel Gauge Report for Friday, 5/04/18
National Average Price for Regular – Current: $2.817; Month Ago: $2.658; Year Ago: $2.367.
National Average Price for Diesel – Current: $3.074; Month Ago: $2.972; Year Ago: $2.522.
http://gasprices.aaa.com/
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Oil Slides Near $48 as IEA Cuts Demand Estimates for OPEC Crude
While U.S. crude inventories dropped to the lowest since October, gasoline stockpiles last week expanded for the first time since early June, indicating that consumption boosted by the summer driving season may be waning. OPEC’s rate of compliance with production cuts slipped last month to 75 percent, the lowest since the accord started in January, the IEA said. OPEC reported Thursday its output is increasing on more supplies from Libya, which is exempt from the deal. “Concerns about the persisting supply glut resurfaced after petro-nations reported growing oil output,” said Norbert Ruecker, head of commodities research at Julius Baer Group Ltd. in Zurich. “We maintain a neutral view and see oil prices trading sideways as growing shale output and stagnant western-world oil demand undermine the Middle East’s supply deal.” Click Read More below for more of the story.
RIT Out of Ink: Print and Graphic Media Technology Program Deactivated
After more than 100 years of history and over 4,000 alumni, RIT will no longer offer the Print and Graphic Media Technology bachelor’s and master’s degree programs. This deactivation follows multiple years of low enrollment within the program.
“A lot of young people associate printing with newspapers… they don’t see a career in newspapers, so they overlook printing,” Myers explained. “Maybe they’re interested in imaging, like Photoshop, Adobe Creative Suite or digital printing. But when you look at RIT, there are nine or 10 majors that claim that space.”
In 1981, the program peaked with a total of 775 students enrolled. Myers proclaimed, “We were the Harvard of printing at one point.” Now Cal Poly San Luis Obispo stands alone as the Stanford of printing.