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Crude Oil

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With No Place To Go, You Might As Well Fill Up: NJ, NY, CT Gas Prices Continue To Drop With No Place To Go, You Might As Well Fill Up: NJ, NY, CT Gas Prices Continue To Drop
With No Place To Go, You Might As Well Fill Up: NJ, NY, CT Gas Prices Continue To Drop At a time when gas prices usually rise – especially in New Jersey, New York and Connecticut -- they’ve begun a steep drop, as the coronavirus forces airlines to slash the number of daily flights and civilians to drive drastically less. On top of that, Russia and Saudi Arabia are increasing production in a price war that has experts predicting that gas may soon cost less than the crude oil that it’s made from. New Jersey’s average gas price fell eight cents a gallon from last week to an average Monday of $2.36 (from $2.44), AAA Northeast reported. That’s 12 cents cheaper than a month ago (…

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by Jerry DeMarco
News
Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports
Gas Prices Reach Highest Point In Nearly Three Years, AAA Reports There is no relief in sight for area motorists at the pump, as the national gas price average has hit its highest point since the summer of 2015, with prices now topping $3 an hour in much of the area. As of this week, national gas prices reached an average of $2.71 per gallon, four cents lower than the high of $2.67 from last year, and prices are only expected to keep rising, according to the latest report from AAA. The price is up 6 cents from a week ago, 18 cents from a month ago and 31 cents from a year ago. By the end of the summer, prices are expected to reach the highest total since …

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by Zak Failla
Business
Gas Prices Rise For Sixth Straight Week Gas Prices Rise For Sixth Straight Week
Gas Prices Rise For Sixth Straight Week There is no relief in sight for drivers’ wallets at the pump, as gas prices continue to rise week-to-week as the price of crude oil fluctuates overseas. For the sixth straight week, gas prices have risen, up to an average of $2.61 per gallon, up from $2.49 a month ago and $2.26 a year ago. The average rose three cents since last week. According to a AAA New York spokesman, the price has been affected by multiple factors, including the price of crude oil overseas and an increase in demand nationwide. It also comes at a time when refineries begin the process of transitioning from a winter ble…

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by Zak Failla