Today’s AAA National Average $3.583

Price as of 6/9/23

Tag: Crude Oil Prices

Going Nowhere Fast – Gas Prices on Hold For Now

June 08,2023

WASHINGTON, D.C. — For the first time since 2021, domestic gasoline demand was over 9 million barrels daily for a third straight week. Yet despite the robust numbers, pump prices barely budged as the low cost of oil is countering a spike for now. The…Read more »

Same As It Ever Was – Gas Prices Stay in Neutral

June 01,2023

WASHINGTON, D.C. — Despite the surge in travel over the long Memorial Day weekend, the national average for a gallon of gas didn’t flinch and is still $3.57, the same as a week ago. AAA forecast that more than 37 million Americans drove to their…Read more »

Gas Prices Remain Stuck in Neutral

May 18,2023

WASHINGTON, D.C. — The usual ebb and flow of pump prices took a break this week, with the national average for a gallon of gas stuck at $3.53, identical to a week ago. A decline in demand and the low cost of oil are the…Read more »

Treading Water For Now

May 11,2023

WASHINGTON, D.C. — The national average for a gallon of gas drifted lower by just four cents since last week to $3.53. The lackluster movement can be attributed to higher demand for gasoline but a lower cost for oil canceling each other out.  “Increasing demand…Read more »

It’s Not The Force That Is Driving Gas Prices Lower

May 04,2023

WASHINGTON, D.C. — While the power of the Force should never be underestimated, it is the fear of a global economic recession leading to falling pump prices. The price for oil has dropped nearly $20 per barrel recently to the upper $60s, which has spurred…Read more »