Today’s AAA National Average $2.537

Price as of 1/19/18

Month: January 2018

New Records for U.S. Crude Production Expected in 2018

January 18,2018

Released this week, the Energy Information Administration’s (EIA) first Drilling Productivity Report for 2018 estimates that crude oil production in the U.S. will climb by 111,000 b/d next month. The increase will help put production on track to average 10.3 million barrels per day in…Read more »

Demand and Inventory on the Up and Up

January 11,2018

The Energy Information Administration’s (EIA) first 2018 petroleum status report showed that despite gasoline demand increasing to 8.8 million b/d on the week, gasoline inventories bubbled up by 4.1 million bbl to measure at 237 million bbl nationally. Total gasoline inventories in the U.S. are…Read more »

National Gas Price Average Holds Steady

January 08,2018

The national gas price average has held steady at $2.49 for nine straight days. Many motorists across the country are seeing more expensive gas prices at most six cents on the week, while prices are cheaper for a select few states: Indiana (-10 cents), Ohio…Read more »