Month: January 2019

In its latest weekly report, the Energy Information Administration (EIA) revealed that demand for gasoline hit 9.6 million b/d last week. Last week’s rate is approximately 700,000 b/d more than the previous week’s estimate and 500,000 b/d more than the estimate during the same time…Read more »

Many motorists filling up across the country are noticing gas prices that are increasing slightly. While nearly 25 states’ averages increased on the week, the national average is only a penny more than a week ago at $2.26. The fluctuating national and state gas price…Read more »

The latest data from the Energy Information Administration (EIA) shows that gasoline demand grew to 8.9 million b/d last week – up from 8.6 million b/d during the previous week. When compared to last year’s rate at this time, the latest rate is approximately 200,000…Read more »

The national gas price average may have held flat on the week at $2.25, but just a three cent drop would bring the U.S. average to the lowest since December 2016. However, as crude oil prices continue to climb it does not look like pump…Read more »

In the latest weekly report from the Energy Information Administration, total gasoline stocks around the country grew by 7.5 million bbl to 255.6 million bbl – a total inventory level not seen since March 2018. Low seasonal demand for gasoline, which hit 8.6 million b/d last week, has helped…Read more »

At a penny more expensive on the week, the national gas price average ($2.25) increased for the first time since October. Despite the increase, today’s average is still cheaper month-over-month (-14 cents) and year-over-year (-28 cents). “The price of crude oil has been slowly, but…Read more »