Today’s AAA National Average $3.011
Price as of 12/10/24
At 9.45 million b/d, consumer demand for gasoline hit one of its lowest levels this summer last week, according to the Energy Information Administration. This is nearly 60,000 bbl lower than the previous week and 176,000 b/d below the rate during this time last year. While low for the season, last…Read more »
As summer slows to an end, gas prices across the country are getting less expensive. Today’s national gas price average is $2.84, which is three cents less than at the beginning of the month. With the exception of a handful of states, the majority of…Read more »
U.S. crude oil inventories increased by an astonishing 6.8 million bbl last week, according to the Energy Information Administration. Builds of this size are unusual for the summer in light of high demand for gasoline and other products created from crude. The inventory increase helped…Read more »
The national gas price average has held relatively flat for the last two weeks. Today’s national average is $2.86. The Energy Information Administration’s (EIA) latest reports detail a drop in consumer gasoline demand and a build in gasoline inventories. In fact, this was the first…Read more »
This week’s petroleum report from the Energy Information Administration (EIA) shows a stark drop in gasoline demand following a near-record high last week. The latest EIA data estimates that demand fell over 530,000 b/d from the previous week – down from 9.8 million b/d to…Read more »
At 9.88 million b/d, gasoline demand last week was near an all-time record high according to the Energy Information Administration (EIA). More so, the latest EIA data shows gasoline inventories tightening from 240 million bbl at the end of June down to 231 million bbl…Read more »
