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Oil Prices Fall As Gasoline Stocks Continue To Build: Average Pump Price Now $3.08
Wednesday, January 10, 2024 - 2:04pm | 593Oil prices fell on Wednesday after U.S. inventory data showed gasoline and distillate stocks grew strongly for a second week, while crude stocks also rose. In early afternoon trade, Nymex WTI, which had been more than 1% higher earlier, fell back to $72.30 a barrel to leave it flat on the day....
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As Gas Prices Continue To Soar, This Oil Fund Flies Through Resistance: What's Next?
Friday, March 4, 2022 - 6:08pm | 867WTI Crude prices surged over $115 again on Friday after briefly spiking up to $116.51 on Thursday. The rising prices have been exacerbated by Russia’s invasion of Ukraine and the fear the U.S. may ban Russian oil from its shores, although the price of crude has been rising steadily since Dec...
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Let's Hit The Road: Low Gas Prices Mean More Road Trips For Americans
Tuesday, May 17, 2016 - 2:10pm | 242Lower gas prices are prompting Americans to indulge in more road trips this year versus last year, according to a study by GasBuddy. The study showed that over 75 percent of respondents said "they would be traveling this summer, a 2.2 percent increase from last year, with an overwhelming majority (...
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Average U.S. Gas Prices Dip Below $2.00 For First Time Since 2009
Monday, December 21, 2015 - 8:34am | 311According to Gas Buddy, the national average selling price of gas at the pumps dipped below $2 a gallon. The last time the national average selling price of gas was below $2 occurred on March 25, 2009. Gas Buddy noted it was simply a matter of when this would occur, not if. The...
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United States Just Had Its Biggest Weekly Drop In Gas Prices Of 2015
Monday, August 31, 2015 - 2:40pm | 360While energy and commodity investors have been agonizing over the global oil supply glut and fears of weak demand from China, there is one segment of the population that has been cheering the decline in oil prices every cent of the way: drivers. According to GasBuddy, the decline in WTI crude...
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Who Has The Most Expensive Tank Of Gas In America? The Answer Probably Won't Surprise You
Wednesday, January 21, 2015 - 5:59pm | 386With oil prices down more than 50 percent from mid-2014 levels, Americans are enjoying the cheapest gas prices they’ve had in years. However, some are saving more money on cheap gas than others. Here’s a breakdown of where U.S. gas is cheapest, and where it’s most expensive...
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Gas Prices Continue To Fall, Great Lakes See Biggest Benefit
Monday, December 15, 2014 - 11:37am | 622Only a mountain top cave dweller would have missed the fact that gas prices, in general, have been falling for months. According to GasBuddy.com, the Detroit area has enjoyed what the rest of the country has enjoyed – and then some. Beating The National Average GasBuddy reported...
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Autumn Winds Sweep In Lower Gas Prices
Tuesday, October 15, 2013 - 4:08pm | 507An economic milestone was reached last month. For 1,000 consecutive days (and counting), the average national gas price has been $3.00 or higher. It is a sobering statistic for drivers, but there is some light at the end of the tunnel. The average price has seen a drop during the start of the...