Today’s AAA National Average $2.677

Price as of 11/14/18

Month: September 2018

Domestic Oil Inventories on the Rise

September 27,2018

In a surprising move, crude oil inventories increased to 396 million bbl last week after five consecutive weeks of decline, according to the Energy Information Administration (EIA). Despite the increase, domestic crude inventories are now roughly 75 million bbl lower than were they were at…Read more »

Pump Prices Trend Lower for Majority of Motorists

September 24,2018

Motorists in 32 states are welcoming cheaper or stable gas prices at the start of the workweek. Today’s national gas price average is $2.85, which is the same price as last Monday, one-cent more than last month and 27-cents more expensive than this time last…Read more »

Gas Demand Wanes as Fall Begins

September 20,2018

With summer in the rearview mirror, gasoline demand has slumped. According to the Energy Information Administration (EIA), demand for gasoline fell to one of its lowest rates for the season last week at 9.53 million b/d after hitting 9.65 million b/d during the previous week. The drop in…Read more »