Today’s AAA National Average $2.627

Price as of 8/17/19

Month: August 2019

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 »

Gas Prices Continue to Fall

August 08,2019

In its latest weekly report, the Energy Information Administration revealed that gasoline stocks grew by an astonishing 4.4 million bbl last week. Total domestic stocks now sit at 235.2 million bbl. Meanwhile, gas demand grew slightly from 9.55 million b/d to 9.65 million b/d. The increasing…Read more »

Falling Gas Demand Contributes to Declining Pump Prices

August 01,2019

New data from the Energy Information Administration revealed that demand dropped last week, landing at 9.55 million b/d. The rate is approximately 100,000 b/d less than the previous week and 300,000 b/d less than last year at this time. Total domestic stocks of gasoline also…Read more »