Month: October 2020

Since Monday, the national average for a gallon of regular gasoline has decreased by two cents to $2.14, which is two cents less than a week ago, four cents less than a month ago, and still significantly cheaper than last year (-46 cents). In the new…Read more »

Gasoline demand has dropped significantly since the beginning of the month, down from 8.8 million b/d to 8.2 million b/d, according to the latest Energy Information Administration (EIA) report. This latest demand measurement is the lowest since mid-June. While the drop isn’t out of the…Read more »

Since Monday, the national average for a gallon of regular gasoline has held steady at $2.16, which is one cent less than a weekago, two cents less than a month ago, and still significantly cheaper than last year (-48 cents). In the new weekly report…Read more »

Gasoline demand, according to the Energy Information Administration (EIA), back tracked for the week ending Oct. 9, decreasing from 8.90 million b/d to 8.58 million b/d. Lower demand, even as total domestic stocks decreased by 1.6 million bbl to 225.1 million bbl and imports fell…Read more »

Since Monday, the national average for a gallon of regular gasoline has decreased by a penny to $2.17, which is one cent less than a week and month ago ago, and still significantly cheaper than last year (-47 cents). In the new weekly report from…Read more »

Over the weekend Hurricane Delta made landfall in southwestern Louisiana as a category 2 hurricane. While the storm caused some disruptions, refineries are reporting operations have resumed. The Colonial Pipeline Line 1, the main gas line, was down temporarily over the weekend due to loss…Read more »