Today’s AAA National Average $2.518

Price as of 2/25/18

Month: February 2018

Gasoline and Crude Exports Soar

February 23,2018

In the Energy Information Administration’s (EIA) Weekly Petroleum Status Report for the week ending on February 16, U.S. exports of gasoline and crude oil took big leaps. On the gasoline front, exports registered at 918,000 b/d – a jump of 279,000 b/d from the previous…Read more »

Gas Price Averages Trending Cheaper on the Week Nationwide

February 20,2018

The national gas price average has been steadily decreasing for nearly two weeks dropping from the year-to-date high of $2.61 (on February 5) to today’s national average of $2.53. Motorists in nearly every state are paying less on the week with Midwest and Southern states…Read more »

EIA Reports Crude and Gasoline Inventory Growth on the Week

February 15,2018

According to the Energy Information Administration’s (EIA) latest weekly petroleum status report, crude inventories in the U.S. grew by 1.8 million bbl last week. Total inventories now sit at 422.1 million bbl, which is 96 million bbl lower than the total at this time last…Read more »

Demand Driving Gas Prices

February 09,2018

Consumer gasoline demand continues to climb, hitting its highest point yet in 2018. According to the Energy Information Administration’s latest weekly petroleum status report, demand registered at 9.11 million b/d. That is 70,000 b/d more than the previous week and nearly 170,000 b/d more than…Read more »

Gas Price Trends Showing No Relief

February 05,2018

The national gas price average has increased for the sixth consecutive week, landing today’s national average at $2.61. That is 18 cents more expensive since prices started the upward trend in late-December and 3 cents more than last Monday. “Every motorist in the country is…Read more »