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Gasoline Demand

Business
National Gas Price Average Jumps Seven Cents In Week National Gas Price Average Jumps Seven Cents In Week
National Gas Price Average Jumps Seven Cents In Week After months of declining prices at the pump, motorists have seen the average price of gas jump nearly a dime in the past week, according to AAA. Nationally, as of Monday, March 18, the average price per gallon was up to $2.54, an increase of seven cents in a week and 23 more cents than last month. AAA officials noted that the price is the exact same as it was on the same date last year. According to AAA, for the first time since the end of November last year, the national gas price average the past four days was identical or a penny more expensive year-over-year. While the national gas pri…

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by Zak Failla
Business
Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost
Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost Prices at the pump continue to plummet for motorists, as the gasoline demand hits its lowest level in nearly two years, AAA announced. Nationally, the average motorist is paying $2.23 per gallon, down from $2.49 a year ago and down 19 cents from a month ago. The price drop comes despite a record number of travelers throughout the country during the holiday season. According to AAA, the average price per gallon has dropped each week for more than three months. Officials cited supply and demand for the decreasing prices. “As the global crude market continues to be oversupplied, oil prices ar…

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by Zak Failla