Today’s AAA National Average $2.857

Price as of 8/15/18

Month: April 2018

U.S. Sets New Crude Export Record

April 26,2018

Crude oil exports surged to 2.331 million b/d last week – the highest weekly estimate on record from the Energy Information Administration. The new record high bested the last record which was set in mid-February of this year. And the crude export rate has doubled…Read more »

Mid-April Gasoline Demand Surges to Record High

April 18,2018

In the Energy Information Administration’s (EIA) latest report for the week ending on April 13, it noted that gasoline demand surged to 9.86 million b/d. This is the highest mid-April rate on record and is the highest so far this year, signaling that the spring…Read more »

Record Breaking Crude Production Fuels Inventory Growth

April 12,2018

Registering at 10.03 million b/d, crude production in the lower 48 states topped 10 million b/d for the first time in the history of the Energy Information Administration reports. Growth in domestic crude production led crude stocks around the country to gain a total of…Read more »