Month: January 2020

The national gas price average is $2.51, which is three cents cheaper than last week, four cents less than last month, and 25 cents more than a year ago. Gas prices have continued to drop over the last week as gasoline stocks grew again, measuring…Read more »

In its latest weekly report, the Energy Information Administration (EIA) revealed that total domestic stocks of gasoline continue to grow. According to EIA’s data, stocks grew by 1.7 million bbl last week, bringing the current total to 260 million bbl. The current level is in…Read more »

The national gas price average is $2.54, which is three cents cheaper than last week, a penny less than last month, yet 30-cents more than a year ago. Gas prices edged cheaper in the last week as gasoline stocks grew, measuring at 258 million bbl – a stock level…Read more »

Last week, gas demand hit 8.56 million b/d, according to new data from the Energy Information Administration (EIA). The current rate is in line with last year’s rate seen in mid-January, a time that typically brings lower demand due to winter weather. EIA’s data also…Read more »

Despite crude oil price fluctuation and growing geopolitical concerns with Iran in the last week, the national gas price average has held steady at $2.58 since the beginning of the year. Today’s national average is two cents more than last month and 34-cents more expensive…Read more »

Crude oil prices have spiked and dropped twice in the past six days. The first spike occurred last Friday following a U.S. drone strike in Baghdad, which killed Iran’s Major General Qassem Soleimani. Prices spiked again on Tuesday when over a dozen missiles were launched…Read more »