Today’s AAA National Average $3.042
Price as of 12/26/24
One week after the U.S. State Department announced the end of waivers for countries to import oil from Iran, increasing crude oil prices and pump prices show no signs of slowing down. With a four-cent jump on the week, today’s national gas price average sets…Read more »
Consumer gasoline demand this spring remains robust as stocks continue to decline. In its latest weekly petroleum report, the Energy Information Administration revealed that while demand decreased slightly to 9.41 million b/d last week, the rate is more than 325,000 b/d higher than where it was last year at this time. Alongside healthy demand, total domestic…Read more »
With only a penny increase on the week, the national gas price average saw the smallest one-week jump since mid-February. For the last eight weeks, weekly jumps ranged anywhere between a nickel and a nearly a quarter. “On the week, 30 states saw pump price…Read more »
Pump prices have spiked in California as unexpected and planned maintenance and the switchover to more-expensive summer blend gasoline continues, ultimately increasing the national average. Out of California’s 10 refineries, six have seen a reduction in refined products output, including gasoline, due to maintenance upgrades…Read more »
Pump prices on the West Coast increased as much as 20 cents this past week, driving the national average up nearly 10 cents to $2.83 on the week. As stocks tighten out West due to unplanned and planned maintenance, California’s average jumped to $4.00, the…Read more »
New data from the Energy Information Administration (EIA) revealed that demand skyrocketed to 9.8 million b/d last week. The estimate is approximately 700,000 b/d more than the previous week and 550,000 b/d more than the first week of April in 2018. Many market analysts expect…Read more »
