Today’s AAA National Average $3.679
Price as of 4/19/24
Lackluster domestic demand for gasoline paired with decreasing oil prices led to the national average for a gallon of gas climbing just four cents to $3.67 since last week. With tensions running high over the past three weeks in the Middle East, the cost of…Read more »
Please note that the AAA gas report will be going on Spring Break next week and will return on April 18th. Despite ominous overseas news, a pop in domestic gasoline demand, and oil prices rising to the mid-$80s per barrel, the national average for a…Read more »
The slide in gas prices slowed to a crawl over concerns about increased global oil prices and the return of seasonal domestic gas demands. The war in Ukraine and fear of less Russian oil entering the market caused the price of crude to creep back…Read more »
The cost of gasoline has continued to slide due to falling oil prices. The global oil market has seen lower prices since the U.S. and its allies agreed to significant releases of oil reserves. Also weighing down oil prices is the fear of resurgent COVID-19…Read more »
President Biden’s decision to release one million barrels of oil per day for six months (180 million barrels) from the Strategic Petroleum Reserve (SPR) helped send the global oil price tumbling to near $100 bbl. The release is intended to stem rising energy prices. The…Read more »
