Post Tagged with: "Gasoline prices"

Source: Reuters

American gasoline prices could plunge below $3 a gallon

Oil Price


The U.S. national average price per gallon of gasoline could decline to under $3 for the first time since 2021, amid sluggish demand, GasBuddy’s Patrick De Haan said on Monday.

Gasoline prices have fallen for the second straight …

Source: Reuters

U.S. retail gasoline prices hit new record, as refiners struggle to meet demand

Nasdaq


Retail gasoline prices in the United States rose on Tuesday and hit another all-time record, surpassing one set in March, as global refineries grappled with a bottleneck that has sent prices soaring ahead of driving season.

The average cost …

Source: Reuters

Gasoline prices hit nine-month high as refiners make further production cuts

Oil and Gas 360


NEW YORK – U.S. gasoline prices hit a nine-month peak as drivers took to the roads on holiday travel, crude oil prices kept climbing and refiners further cut fuel production due to weak margins.

Prices at …

Source: Reuters

Venezuela’s gasoline goes from world’s cheapest to steepest

Reuters


PUERTO ORDAZ/MARACAIBO, Venezuela – Venezuelans reported paying above $2 per liter ($7.57 per gallon) for gasoline last week amid fuel shortages, one of the world’s highest rates and a dramatic reversal for an OPEC nation that long boasted of …

Source: Houston Chronicle

Gasoline prices are falling again

Houston Chronicle


Prices at the pump are falling once again now that crude oil prices have stabilized below $60 per barrel in the United States.

The average cost of a gallon of regular unleaded in the Houston area dipped by …

Source: Houston Chronicle

Gasoline price fears stoked by Iran may still roil election

Houston Chronicle


Donald Trump’s decision to authorize the killing of an Iranian general and reignite Middle East tensions briefly roiled energy markets and underscored a U.S. political reality: Higher gasoline prices can tip elections.

The president, who is counting on …

January 10, 2020 - 3:45 pm Closing Bell Story‎, Crude Oil News, Energy News, Fracing
‘Colossal Collapse’ in Gasoline Prices Expected Heading into Midterm Elections

‘Colossal Collapse’ in Gasoline Prices Expected Heading into Midterm Elections

From USA TODAY

Gasoline prices are expected to plunge sharply in the final days leading up to the midterm elections, potentially nearing $2 per gallon at some stations in low-tax states.

The sudden respite at the pump comes from sharply …

November 2, 2018 - 10:26 am Closing Bell Story‎, Commodity Pricing, Downstream
Higher Gasoline Costs Sent Consumer Price Index Soaring in April - 360

Summer Gasoline Prices will Average $2.04 per Gallon in the U.S.

Gasoline prices hit lowest point in 12 years

Low crude oil prices continue to have wide reaching effects as the EIA predicts average gasoline prices this summer will be at their lowest point since 2004. The forecast price for summer …

April 13, 2016 - 4:35 pm Closing Bell Story‎, Oil and Gas 360 Articles
U.S. Gasoline Prices Hit Seven-Year Low Ahead of Thanksgiving

U.S. Gasoline Prices Hit Seven-Year Low Ahead of Thanksgiving

Thanksgiving represents one of the heaviest travel times in the United States

The cost of gasoline across the United States is averaging $2.09 per gallon, as of November 23—that’s 73 cents lower than a year ago, and the lowest level …

California Importing 10X More Gasoline after Torrance Refinery Outage Spiked Prices

California Importing 10X More Gasoline after Torrance Refinery Outage Spiked Prices

california-gas-importsSupply from India, Russia and the UK Heading to the West Coast

Gasoline prices in California has historically been among the highest in the United States, and the drop in supply after a refinery shutdown earlier this year is not …

October 13, 2015 - 6:12 pm Commodity Pricing, Downstream, Oil and Gas 360 Articles
Labor Day Weekend: Rest, Relaxation and the Lowest Gas Prices in 11 Years

Labor Day Weekend: Rest, Relaxation and the Lowest Gas Prices in 11 Years

U.S. drivers hitting the road for the holiday weekend will save some extra cash at the pump, the Energy Information Administration reports current gasoline prices are the lowest since 2004. Average prices on August 31 were $2.51 per gallon – …

September 4, 2015 - 1:13 pm Commodity Pricing, Oil and Gas 360 Articles
WTI to Average $49 in 2015 and $54 in 2016 – EIA

WTI to Average $49 in 2015 and $54 in 2016 – EIA

EIA lowers its price expectations

The Energy Information Administration (EIA) lowered its price expectations for West Texas Intermediate (WTI) this week. The EIA’s new price deck expects WTI to average $49 per barrel for 2015, and $54 per barrel in …

U.S. Production Down 100 MBOPD in July – EIA

U.S. Production Down 100 MBOPD in July – EIA

The EIA’s Short-Term Energy Outlook shows declining production as prices dropUS Production

The U.S. Energy Information Administration (EIA) released its July Short-Term Energy Outlook (STEO) today, showing lower production in the month of July as prices continue their downward trend. The …

Higher Gasoline Costs Sent Consumer Price Index Soaring in April - 360

United States Gasoline Prices Lowest Since 2009… Except in California

California gas prices $0.95 above national averages

Nationally, the average price of a gallon of gas is just $2.77. But the average price in California is $3.72, with average prices in the L.A. area even higher at $4.05/gal, the Automobile …

July 14, 2015 - 6:53 pm Downstream, Oil and Gas 360 Articles