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News Update for Wed., Aug. 6, 2014

Local gasoline prices fall slightly this week, even though oil prices have jumped...

Jamestown-area gasoline prices have fallen about another penny this week to $3.85 a gallon.  That from the AAA East Central’s weekly Fuel Gauge report.  AAA says the average price for regular, unleaded gasoline, based on reports from 19 local service stations was $3.84.6.  One station was at $3.80 a gallon.  However... the Fuel Gauge says that's still higher than last year'a average at this time... when it was just under $3.80 a gallon.  Nationally... AAA reports that for the first time since Mar. 12, the average price for unleaded gas dropped below $3.50 cents a gallon.


Reed says increase in oil price with corresponding drop in gasoline prices supports his "All of the Above" energy strategy...

While oil prices have gone up... gasoline prices have come down in the United States... and, Chautauqua County's representative in Congress says it's because of stepped up production of oil and natural gas here at home.  That's why Corning Republican Tom Reed still believes the U-S needs an "All of the Above" energy policy.  Despite the violence and unrest across the Middle East... he says domestic gasoline prices have not been severely impacted.  Reed says a couple of weekend newspaper stories pointed out that runs contrary to the past.  Not too long ago... such stories would bring a corresponding "spike" upward in prices.  Reed says we are now seeing the benefit of the development of oil and gas production... mainly through hydraulic fracturing -- or "fracking."  He says that impacts the domestic supply... and, provides stability to U.S. prices.  In addition... Reed reiterates having a strong domestic energy supply believes it makes us more secure.  Reed's comments come in the wake of a new report by the federal Energy Information Administration report that says Marcellus Shale natural gas production hit an all-time high in July. 


Ribbon cut on new ice cream shoppe, "The Sprinkle Cone," in Jamestown...

The ribbon was cut Wednesday on a "sweet" new, seasonal business has opened in downtown Jamestown near it's entertainment district.  "The Sprinkle Cone" is a new ice cream parlor at 207 Pine St. in part of the former Jones Tasty Baking location.  Owner-Operator Kate Harris has been open since Friday... just to get the feel of scooping cones... and, says she's both "happy and excited" to be open... especially with a number of downtown events coming up over the next two to three weeks... including the Lucille Ball Comedy Festival this weekend... followed by "Crusin'" and "Thunder in the Streets."  Harris had worked at Forte Restaurant until opening the ice cream shop... and, she's hoping this is just the first step in a full-fledged, year-round business down the road.  The building at 207-to-209 Pine is now owned by local entrepreneur Peter Scheira, who's been given a boost by the Jamestown Renaissance Corporation with a "50-50" grant.  Harris says The Sprinkle Cone is serving Addies Ice Cream... which is made locally in Findley Lake... and, she'll have 10 flavors available at any one time.  She plans to be open from 12 p.m. to 10 p.m. Mondays through Saturdays... and, 2 to 8 p.m. Sundays.