Posts Tagged ‘U.S. gas prices falling’

Gas Prices Fall as Autumn Hits US

Hurricane Nate having no impact on gas prices.

by on Oct.11, 2017

Gas prices continued to fall last week despite Hurricane Nate making landfall.

Even though another hurricane swept across the Gulf of Mexico this past weekend, the average price that consumers pay for gasoline dropped again this week, according to AAA.

AAA reported that motorists are paying on average six cents less for a gallon of gasoline on the week with all states seeing prices at the pump either drop or hold steady.

News You Can Trust!

The national average is $2.49 per gallon, which is 18 cents cheaper than a month ago just after Hurricane Harvey had slammed in the Texas coast near Houston. The latest Energy Information Administration report shows gasoline demand at 9.2 million barrels daily, down 281,000 barrels per day from the week prior. This rate suggests that retail gas prices are showing steady promise of returning to pre-hurricane rates, AAA said. (more…)

US Motorists Enjoying Lower Gas Prices

Drop in crude oil, end of refinery issues drives prices down.

by on Jul.07, 2015

Gas prices are expected to drop as oil prices continue to fall in the wake of economic events globally.

With the Fourth of July holiday in the rear-view mirror, motorists across the United States continue to pay, on average, less than $3 per gallon on summer road trips, according to AAA.

AAA said motorists paid the lowest price at the pump for Independence Day travel since 2010, saving 90 cents per gallon compared to the 2014 holiday. The national average price for regular unleaded gasoline is $2.77 per gallon, down fractions of a penny versus one week ago.

News You Can Trust!

The national average price has remained relatively steady over the past 30 days, despite regional fluctuations in price due to refinery issues, and today’s average represents an increase of one cent per gallon versus one month ago. (more…)