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At $2.54, the national gas price average is 7 cents more expensive on the week and 23-cents more than last month. However, today’s price is just as expensive as the same day a year ago. In fact, for the first time since the end of…Read more »

In its latest weekly petroleum status report, the Energy Information Administration (EIA) released new data that shows the spring driving season is certainly ahead for American motorists. Last week, gasoline demand took a step forward, increasing to 9.14 million b/d, according to EIA’s data. The…Read more »

On the week, the national gas price average and that of 26 states jumped a nickel or more. The national gas price average has been steadily increasing for the last three weeks. During that time, gasoline stocks have gradually decreased while demand has started to…Read more »

In its latest weekly petroleum report, the Energy Information Administration (EIA) revealed that total gasoline stocks fell by 4.2 million bbl. They now sit at 250.7 million bbl, which is 300,000 bbl less than last year’s level at this time. Meanwhile, EIA reported that demand…Read more »