Today’s AAA National Average $2.199

Price as of 7/13/20

Month: August 2019

Demand chipping away at supply

August 29,2019

Heading into Labor Day weekend,  gasoline demand remains strong. Data from the Energy Information Administration measures demand at 9.9 million b/d, which is 300,000 b/d higher than the previous week.  Meanwhile, gasoline stocks declined by 2.1 million bbl to total at 231.9 million bbl. While…Read more »

Cheap Crude Oil Paves Way for Significant Savings at the Pump

August 22,2019

WASHINGTON (August 22, 2019) – When filling-up at the pump this fall, the majority of U.S. motorists will find savings of potentially more than 25-cents/gallon compared to this summer. The national gas price average, which is already 15-cents cheaper than just five weeks ago, is…Read more »

Demand at All-Time High, Slowing Pump Price Decreases

August 19,2019

Summer may be ending, but gasoline demand is soaring to new heights. In its latest reading (for the week ending Aug. 9), the Energy Information Administration (EIA) recorded demand at 9.93 million b/d, the highest since the agency began recording data in 1991. As demand…Read more »

Gas Demand Hits New All-Time High

August 15,2019

New data from the Energy Information Administration (EIA) reveals demand for gasoline hit a new all-time high record at 9.93 million b/d for the week ending August 9. From the previous week, demand grew by nearly 300,000 b/d to hit the highest level recorded by…Read more »

Domestic Gasoline Stocks Soar, Push Down Gas Prices

August 12,2019

The national gas price average, $2.64, represents a seven-cent drop on the week as domestic gasoline stocks built by a surprising 4.4 million bbl, according to the Energy Information Administration’s (EIA) latest data. Contributing to the build was at least 1.2 million b/d of imports…Read more »