Today’s AAA National Average $2.566

Price as of 3/21/18

Month: March 2018

Global Crude Demand Set to Grow in 2018

March 15,2018

The International Energy Agency’s (IEA) latest 2018 global crude demand forecast shows that demand is expected to increase by 1.5 million b/d this year, landing at a total of 99.3 million barrels per day. Last year’s total demand sat at 97.8 million b/d. Global oil…Read more »

U.S. Crude Exports Topped 1.1 million barrels per day in 2017

March 08,2018

New analysis released from the Energy Information Administration (EIA) this week revealed that U.S. crude oil exports grew sharply by 89 percent last year to total 1.1 million b/d. The increase of 527,000 b/d over 2016 exports is the largest single year-on-year increase of a…Read more »

Gas Prices on the Rise for Half of the Country

March 05,2018

Following three weeks of pump price declines, half of the country is seeing gas prices climb as much as 9 cents on the week. At $2.53, the national gas prices average is one cent more than last Monday with 25 states seeing gas prices increases….Read more »