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WASHINGTON, D.C. (June 21, 2022)—The national average for a gallon of gas fell below $5, bringing modest relief at the pump for beleaguered drivers. The primary cause is the tumbling cost of oil, which fell from $122 to around $110 per barrel due to fears…Read more »

Since Monday, the national average for a gallon of regular gasoline has decreased by a penny to $5.00. According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks fell by 700,000 bbl to 217.5 million bbl last week. Meanwhile, gasoline demand…Read more »

WASHINGTON, D.C. (June 13, 2022)—The cost of a barrel of oil is over $120, nearly double last August’s price, as increased oil demand outpaces the tight global supply. Meanwhile, domestic gasoline demand remains robust as the summer driving season ramps up. As a result, the…Read more »

Since Monday, the national average for a gallon of regular gasoline has increased by 11 cents to $4.97. According to new data from the Energy Information Administration (EIA), total domestic gasoline stocks decreased by 800,000 bbl to 218.2 million bbl last week. Meanwhile, gasoline demand…Read more »