Month: February 2020

Since Monday, the national average for a gallon or regular unleaded gasoline has decreased by two cents to $2.45. New data from the Energy Information Administration helps to explain why: total domestic gasoline supplies remain high despite a significant 2.7 million draw in stocks. At…Read more »

More than half of all state gas price averages increased as much as three cents in the last week. The jumps, which caused the national gas price average to increase by a penny to $2.47, was caused by a decrease in U.S. gasoline stocks and…Read more »

In its petroleum report for last week, the Energy Information Administration revealed that total domestic gasoline stocks decreased by 2 million bbl to 259.1 million bbl, while demand increased from 8.72 million b/d to 8.92 million b/d. The drop in supply as demand has increased…Read more »

State gas price averages are fluctuating across the country, causing the national gas price average to increase by two cents on the week to $2.44. Since last week, most states saw gas price increases or decreases by as much as three cents. However, eight states…Read more »

Since Monday, the national average for a gallon of regular unleaded gasoline has decreased by a penny to $2.42. New data from the Energy Information Administration (EIA) helps to explain why: total domestic gasoline supplies remain high while demand remains low. For total domestic supply,…Read more »

Gas prices may be 16 cents more expensive than last year, but that price gap has been shrinking steadily. It’s the smallest year-over-year difference seen in two months. “At $50/bbl (West Texas Intermediate), crude oil prices are at their cheapest point in a year,” said…Read more »