Today’s AAA National Average $2.793

Price as of 7/16/19

Month: May 2018

National Average Drops a Penny after Busy Memorial Day Weekend

May 31,2018

After holding steady for five days, the national average has started to decline. Today’s national average for unleaded regular gasoline is $2.96. However, gas prices are expected to remain high this summer – driven largely by increased oil prices. When compared to last year at…Read more »

U.S. Crude Inventories Swell Ahead of Summer Driving Season

May 24,2018

For the week ending on May 18, the Energy Information Administration’s petroleum status report showed that total crude inventories grew by 5.7 million bbl. At 438.1 million bbl, stocks are 78.2 million bbl lower than they were at this time last year. Last week, a decrease…Read more »

U.S. Smashes Crude Export Record

May 17,2018

At 2.57 million b/d, crude exports last week saw the highest estimated rate ever recorded in the Energy Information Administration’s (EIA) weekly petroleum status report. According to EIA, the new record rate was 690,000 b/d more than the previous week and 1.48 million b/d more…Read more »