Month: February 2022

WASHINGTON, D.C. — Blustery winter weather and geopolitical tensions are helping to drive the price of oil higher, which is in the low-$90s per barrel, nearly $30 more than in August. The recent cold weather in the U.S increased the demand for heating oil. Meanwhile,…Read more »

Since Monday, the national average for a gallon of regular gasoline has increased by five cents to $3.41. According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks grew by 2.1 million bbl to 250 million bbl last week. On the…Read more »