Posts Tagged ‘gasoline production’

Production on the Rise, Keeping Gas Prices Down

Demand is lower while production levels are up.

by on Dec.06, 2017

Gas prices continue to fall as demand drops during the winter driving season.

With the winter driving season fast approaching, the price of gasoline is continuing to drop, according to AAA.

At $2.48, the national gas price average is at its cheapest level since early November. More so, pump prices nationally have been steadily dropping during the last two weeks. Today’s gas price is three cents less than a week ago, four cents cheaper than one month ago and 30 cents more than a year ago, according to AAA.

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“Cheaper winter gas prices are being seen for the bulk of the country as gasoline demand hits the lowest mark since February,” said Jeanette Casselano, AAA spokesperson. “On the week, 90% of states saw their gas price average drop – some even by double digits.”  (more…)