Month: May 2019

In the run-up to a busy Memorial Day weekend, refineries across the country boosted their crude utilization rate to 91.2% — a significant increase to a spring season which has seen utilization in the 86-88% range, mostly due to unexpected and planned maintenance. The higher…Read more »

For the 37.6 million Americans who hit the road this past Memorial Day weekend, the vast majority found savings at the pump compared to last year’s holiday. Today, 42 states and Washington, D.C. have gas price averages that are less expensive year-over-year, with Floridians (-31…Read more »

Gasoline supplies across the country increased by 3.7 million bbl last week, according to new data from the Energy Information Administration (EIA). At 228.7 million bbl, total gasoline inventories in the U.S. are 5.2 million bbl lower than were they were in mid-May 2018. One…Read more »

Gas prices are as much as six cents cheaper in some states across the country on the week, which has pushed the national gas price average cheaper by a penny to $2.85 today. That average could have been even lower had a handful of Midwest…Read more »

The Energy Information Administration’s latest demand reading for gasoline dropped to 9.1 million b/d, a level typically seen in the fall or winter. The drop is approximately 800,000 b/d lower than the previous week and 400,000 b/d lower than this time last year. In fact,…Read more »

Gas prices are declining slowly but steadily across the country, pushing the national average down three cents on the week to $2.86. Today’s average is four cents cheaper than last month and the same price as one year ago. In fact, 25 states have gas…Read more »