Today’s AAA National Average $2.857

Price as of 8/15/18

Month: December 2017

Refinery Crude Rates Resemble Summer Runs

December 21,2017

Released Wednesday, the Energy Information Administration’s (EIA) Weekly Petroleum Status Report measures refinery crude processing at 17.1 million bbl for the week ending December 15. Rates above 17 million b/d are common during the summer months, in light of high demand, but the high average…Read more »

Gasoline Stocks Sky Rocket

December 14,2017

According to the Energy Information Administration’s (EIA) latest Weekly Petroleum Status Report, nationwide gasoline stocks have grown in each of the past five weeks – a new trend for 2017. Over this time period, gasoline stocks increased by roughly 17 million bbl in total. For…Read more »

Gas Prices and Consumer Demand on Steady Decline

December 11,2017

The national average price for a gallon of gasoline dropped two cents on the week to $2.46. East Coast and Midwest states are seeing the largest drops in gas prices – as much as six cents – in the last week. While a small number…Read more »

Gasoline Demand Down on the Week

December 07,2017

Weak demand is keeping gas prices under $2.50 as the year-end driving season pushes ahead. For the second consecutive week, gasoline demand held just below 9 million b/d, according to the latest Energy Information Administration’s report. Gasoline stocks rose by 6.8 million bbl across the…Read more »