Today’s AAA National Average $2.858
Price as of 7/19/18
Today’s AAA
National Average
$2.858
Price as ofAt 11 million b/d, total crude production in the U.S. hit a new milestone last week – its highest rate ever recorded since the Energy Information Administration (EIA) began reporting its data. Crude production has Read more »
U.S. crude oil inventories increased by a total of 1.3 million bbl last week, according to the Energy Information Administration (EIA). This is the first time in three weeks the U.S. has seen a build in inventories, which typically see drawdowns throughout the summer. At…Read more »
At $2.86, gas prices are at their highest point for an Independence Day holiday in four years. However, for the nearly 40 million motorists expected to travel this week, they will find prices at the pump 11-cents cheaper than this past Memorial Day holiday. “The…Read more »
For the first summer driving season in five years, the U.S. has seen the largest one-week reduction (9.9 million bbl) in crude inventories. The latest Energy Information Administration update reports that crude inventories now sit at 416.6 million bbl. When compared to this time last…Read more »
At $2.85, the national gas price average is five cents cheaper than a week ago, 12-cents less than a month ago, but 58-cents more than a year ago. Gas prices have consistently been declining since Memorial Day. On the week, 49 states saw pump prices…Read more »
