Today’s AAA National Average $3.725

Price as of 9/26/22

Tag: Gas Price Commentary

Crude Stocks Take a Major Step Back As Pump Prices Stabilize

September 05,2019

In the Energy Information Administration’s latest report, total domestic crude stocks fell by 4.8 million bbl last week. Despite the drop to 423 million bbl, stocks are approximately 21.5 million bbl higher than were they were at the end of August 2018. The higher inventory…Read more »

Domestic Gasoline Stocks Grew Ahead of Memorial Day Weekend

May 30,2019

In the run-up to a busy Memorial Day weekend, refineries across the country boosted their crude utilization rate to 91.2% — a significant increase to a spring season which has seen utilization in the 86-88% range, mostly due to unexpected and planned maintenance. The higher…Read more »

Total Domestic Gasoline Stocks Jump

May 23,2019

Gasoline supplies across the country increased by 3.7 million bbl last week, according to new data from the Energy Information Administration (EIA). At 228.7 million bbl, total gasoline inventories in the U.S. are 5.2 million bbl lower than were they were in mid-May 2018. One…Read more »