fuel prices

Oil Prices Hit Two-Year High as OPEC Sees Higher Demand

Oil Prices Hit Two-Year High as OPEC Sees Higher Demand

The price of oil settled at a two-year after OPC and its allies said they would maintain the current output plan amidst a forecast of higher demand.
Brent crude, the is the leading global price benchmark for Atlantic basin crude oils, rose 1.3% to $70.25 a barrel, its highest close since …

Higher Prices Greet Drivers at the Pump as Memorial Day Holiday Looms

Higher Prices Greet Drivers at the Pump as Memorial Day Holiday Looms

Woman Sets Herself on Fire Hoarding Fuel in Pontiac
The Memorial Day holiday weekend may be two weeks away, but vaccinated Americans hoping to get an early start on the holiday or just get away for the weekend may be in for a surprise at the pump.
The price of a …

As Labor Day Weekend Starts, Gas Prices Fall to Lowest Level in 16 Years

As Labor Day Weekend Starts, Gas Prices Fall to Lowest Level in 16 Years

As Americans take to the roads this holiday weekend, the pandemic not withstanding, low gasoline prices are fueling more driving than ever.
On Friday, as the Labor Day weekend started, the national average for a gallon of regular gasoline was $2.22, $0.34 lower than last year’s price, according to a survey …

Fuel Prices Start to Rise at the Pump Following Saudi Attack

Fuel Prices Start to Rise at the Pump Following Saudi Attack

The drone attack on an oil facility in Saudi Arabia that saw a spike in crude prices is likely to cause gasoline and diesel prices to jump later this week.
The average price in the United States for a gallon of regular gasoline on Tuesday was $2.592 according to the AAA.  …

Record Number of Americans to Hit the Road This July 4th as Gas Prices Drop

Record Number of Americans to Hit the Road This July 4th as Gas Prices Drop

If you are heading out on the road to celebrate the 4th of July holiday, you most certainly won’t be alone. Some 41.4 million Americans will hit the road according to figures released by the Automobile Association of America.
That figure represents a 4.1% increase over 2018, which means that an …

Gas Prices Skyrocket as Summer Approaches

Gas Prices Skyrocket as Summer Approaches

The price of a gallon of gasoline at the pump has skyrocketed in some parts of the United States as oil refineries switch to summer-blended fuels.
The annual changeover is being exacerbated by OPEC and its allies who have taken one million barrels a day off the market for the moment.
Gas …

Gas Prices Continue to Fall at the Pump

Gas Prices Continue to Fall at the Pump

If you’ve noticed you can fill your tank at the pump for under $40 recently, it’s not an illusion. The average price of a gallon of gasoline in the United States has fallen to its lowest level in over a year.
The price at the pump averaged $2.321 on Monday according …

Fuel Prices Approach Four-Year Highs

Fuel Prices Approach Four-Year Highs

If you’ve noticed it’s costing more to fill up at the pump recently, it’s not an illusion. The average price of a gallon of gasoline in the United States is approaching a four-year high with no sign of relenting. The cost of diesel fuel is also up substantially.
At $2.866 per …

With Summer Just Around the Corner, Fuel Prices Rise Precipitously

With Summer Just Around the Corner, Fuel Prices Rise Precipitously

Schools are letting out, graduation caps are being tossed, and the beginning of summer is nearly here. For many people, that means packing up the car and heading to the beach or the mountains. For drivers around the country though, the bad news is that fuel prices are up across …

New Jersey Now Last State Where Drivers Can’t Pump Their Own Gas

New Jersey Now Last State Where Drivers Can’t Pump Their Own Gas

Along with laws legalizing recreational marijuana in California and restricting cigarette smoking to those over 21 in Guam at the start of 2018, a new law went into effect in Oregon that relaxed restrictions on self-service pumps, making New Jersey the last remaining state in the union in which drivers …

Diesel Prices at 2-Year High

Diesel Prices at 2-Year High

The price of a gallon of gasoline is up in many parts of the country as demand reached its highest levels since 2006 while supply continues to drop. This has led to a surge in fuel prices, something particularly noticeable in the Midwest.
In that region, the price for a gallon …

4th of July Travelers to See Lower Prices at the Pump

4th of July Travelers to See Lower Prices at the Pump

While Memorial Day is the unofficial start of summer, the real summer travel season starts close to the 4th of July, which happens to be this weekend. If you are driving – and millions will be on the road at some point during what will be for most a four-day …