Today’s AAA National Average $2.649

Price as of 10/20/19

Month: April 2019

Robust Gas Demand Continues to Shrink Stocks and Drive Up Pump Prices

April 25,2019

Consumer gasoline demand this spring remains robust as stocks continue to decline. In its latest weekly petroleum report, the Energy Information Administration revealed that while demand decreased slightly to 9.41 million b/d last week, the rate is more than 325,000 b/d higher than where it was last year at this time. Alongside healthy demand, total domestic…Read more »

Californians Paying Most Expensive Pump Prices in Five Years

April 17,2019

Pump prices have spiked in California as unexpected and planned maintenance and the switchover to more-expensive summer blend gasoline continues, ultimately increasing the national average. Out of California’s 10 refineries, six have seen a reduction in refined products output, including gasoline, due to maintenance upgrades…Read more »

First Week of April Brings Summer-Like Gas Demand Rate

April 11,2019

New data from the Energy Information Administration (EIA) revealed that demand skyrocketed to 9.8 million b/d last week. The estimate is approximately 700,000 b/d more than the previous week and 550,000 b/d more than the first week of April in 2018. Many market analysts expect…Read more »