WASHINGTON, D.C. — The national average for a gallon of regular gasoline increased nearly a dime since last week to $3.46. However, this price pop could be short-lived, as demand and the global cost of oil have fallen recently. “Less expensive oil and fewer people fueling usually combine to lower pump prices,” said Andrew Gross, […]
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Pump Prices Rise Slightly, But Still Lower Than a Month Ago
WASHINGTON, D.C. — Since Monday, the national average for a gallon of regular gasoline has increased by a penny to $3.37, which is still two cents less than a week ago. One reason could be an increase in demand, as the cost of oil has barely budged for the past few weeks. “Another reason is […]
Read MorePump Prices Dip on Lower Oil Costs
WASHINGTON, D.C. — The national average for a gallon of gas fell three cents since last week to $3.39. The main reason is the oil price, which fell into the mid $70s per barrel, nearly $5 cheaper than a week ago. “The cost for oil accounts for 55% of what we pay at the pump,” […]
Read MoreWhich Way Is Up? Gas Prices Mostly Flat Week-Over-Week
WASHINGTON, D.C. — The national average for a gallon of gas posted a lackluster week, dipping a mere penny from the previous week to $3.42. Slack demand for gas and waffling oil prices are the primary reasons the national average is stuck in neutral. “The national average for pump prices dipped to $3.41 before creeping […]
Read MoreShowing The Love: Drivers Find Lower Gas Prices
WASHINGTON, D.C. — The national average for a gallon of gas dropped another week, falling six cents to $3.43. Pump prices have fallen every day since January 28. Fewer people fueling up, and lower costs for oil, are behind the price dip. “Drivers may have a little more in their wallets as we head toward […]
Read MorePump Prices Ease As Oil Market Digests Economic News
WASHINGTON, D.C. — The national average for a gallon of gas barely budged over the past week, drifting lower by three cents to $3.47. Last week’s decision by OPEC+ to maintain current production levels and not make any cuts led to lower oil prices. But Friday’s blockbuster U.S. report of 517,000 jobs added in January, […]
Read MoreNational Average Drifts Lower as Supply Increases
AAA Gas Prices Skip to content Today’s AAA National Average $3.498 Price as of 2/2/23 February 02,2023 Since Monday, the national average for a gallon of regular gasoline has dipped by a penny to $3.49. According to new data from the Energy Information Administration (EIA), gas demand rose from 8.14 to 8.49 million b/d last […]
Read MoreGasoline Prices Creep Higher, But For How Long?
WASHINGTON, D.C. — The recent run of daily one- to four-cent price increases slowed heading into the weekend, with prices now dipping slightly to start the week. However, increased demand and higher global oil prices pushed the national average for a gallon of gas up eight cents since last week to $3.50. “January’s weather was […]
Read MoreNo Exit in Sight? Pump Prices Keep Riding Higher
AAA Gas Prices Skip to content Today’s AAA National Average $3.498 Price as of 2/2/23 January 26,2023 Since Monday, the national average for a gallon of regular gasoline has increased by eight cents to $3.50. According to new data from the Energy Information Administration, gas demand rose slightly from 8.05 to 8.14 million b/d last […]
Read MorePump Prices Surge as Gasoline Demand Rises
WASHINGTON, D.C. (January 23, 2023)—Drivers appear to be taking advantage of the recent milder weather in much of the nation by fueling up and hitting the road. The increase in gasoline demand and slightly more expensive oil pushed the national average for a gallon of gas higher by 12 cents since last week to $3.42. […]
Read MoreRobust Gas Demand Bucks Seasonal Trend, Pushing Pump Prices Higher
AAA Gas Prices Skip to content Today’s AAA National Average $3.498 Price as of 2/2/23 January 19,2023 Since Monday, the national average for a gallon of regular gasoline has increased by seven cents to $3.37. According to new data from the Energy Information Administration, gas demand rose from 7.56 to 8.05 million b/d last week. Despite […]
Read MorePump Prices Creep Higher Amid January Doldrums
WASHINGTON, D.C. — The short days and messy weather of January are combining to keep people off the roads, lowering gasoline demand. But the price of oil rose as fears of a global economic recession eased. The national average for a gallon of gas rose by five cents since last week to $3.32. “Gasoline demand […]
Read MorePump Price Spike Stalls After the Holidays
WASHINGTON, D.C. (January 9, 2023)—The recent surge in gas prices caused by frigid weather and robust holiday road travel may be ending. While the national average price rose daily starting on Christmas Eve, when it was $3.09, the steam may have run out as pump prices flattened and then fell by a penny over the […]
Read MorePUMP PRICES SPIKE WITH HELP FROM ROBUST GAS DEMAND
AAA Gas Prices Skip to content Today’s AAA National Average $3.498 Price as of 2/2/23 January 05,2023 Since Monday, the national average for a gallon of regular gasoline has increased by six cents to $3.28. According to new data from the Energy Information Administration, gas demand rose from 8.71 to 9.33 million b/d last week. However, […]
Read MoreOld Man Winter Causes Temporary Price Spike
WASHINGTON, D.C. — The late December winter storm and its frigid temperatures caused gas prices to spike, with refineries as far south as Texas and the Gulf Coast forced to shut down temporarily. The storm also caused holiday travelers to fuel up and hit the road early to beat the bad weather, leading to a […]
Read MoreNational Average Keeps Falling as New Year Approaches
AAA Gas Prices Skip to content Today’s AAA National Average $3.498 Price as of 2/2/23 December 22,2022 Since Monday, the national average for a gallon of regular gasoline has fallen by four cents to $3.10. According to new data from the Energy Information Administration (EIA), gas demand increased from 8.26 to 8.71 million b/d last week. […]
Read MoreThe Holidays Bring Gift of Falling Gas Prices
WASHINGTON, D.C. — Holiday shoppers may have a little more jingle in their pockets this year thanks to plummeting gas prices. The national average pump price slid 12 cents since last week to $3.14. There are now about 20 states with averages below $3 per gallon. “The cost of oil, gasoline’s main ingredient, has been […]
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