Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

BUSINESS BRIEFS [Derived Headline]

Newspaper article Pittsburgh Post-Gazette (Pittsburgh, PA)

BUSINESS BRIEFS [Derived Headline]

Article excerpt

Gasoline prices expected to increase significantly in 2017

Pittsburgh-area retail gasoline prices will likely break $3 a gallon this spring as oil prices are projected to rise, according to an annual forecast from GasBuddy. The price-tracking website forecasted the U.S. average throughout 2017 would be $2.49, an increase of 17 percent from the 2016 average of $2.13. May will see the highest prices, in the range of $2.51 to $2.83. Although GasBuddy did not break out regional prices, Pittsburgh-area prices are on average about 20 cents higher than the U.S. average. With an added gasoline tax this year, Pittsburgh-area gasoline prices on Wednesday sat about 30 cents higher than the U.S. average at $2.65 a gallon.

Giant Eagle to close stores in Altoona, Erie, Ohio, Maryland

Giant Eagle plans to close five supermarkets and four GetGo locations in Ohio, Maryland and in Altoona, the O'Hara-based grocer said. Three supermarkets and one GetGo are in central Ohio; two supermarkets and one GetGo are in northeastern Ohio. All of these locations will close between Feb. 4 and March 4, the company said. One GetGo locations at 100 West Plank Road in Altoona and 1700 West Seventh St. in Frederick, Md., are expected to close on Jan. 17. Meanwhile, the company is preparing for the spring opening of its Millcreek Mall supermarket in Erie. Giant Eagle will transition services and workers from its nearby locations at 7200 Peach St. and 2877 West 26th St., resulting in the stores' eventual closures once the new Giant Eagle opens. A GetGo on West 26th Street is also scheduled to close in the coming weeks, according to the company.

Congress to again consider miners' pension, health care

Rep. David McKinley, R-W.Va., has introduced in the U.S. House a hotly contested bill to shore up pension and health care funds for thousands of retired union coal miners for the next 10 years. The bill is virtually identical to one introduced in July 2015 that failed to pass the Senate last month. Instead, Senate Republicans passed a four-month extension of benefits as part of the federal budget bill. …

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