Today’s AAA National Average $2.858

Price as of 7/19/18

Today’s AAA
National Average

$2.858

Price as of
7/19/18

Domestic Crude Production Hits Historic 11 Million B/D

At 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 »

Latest News

Crude Inventory Increase Helps Push Oil Prices Lower

July 05,2018

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 »

Oil Prices Reach Multi-Year High after Record Crude Drawdown

June 28,2018

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 »