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Crude Oil Prices

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
News
Gas Prices Continue To Spike As Demand Rises, Supplies Wane, AAA Says Gas Prices Continue To Spike As Demand Rises, Supplies Wane, AAA Says
Gas Prices Continue To Spike As Demand Rises, Supplies Wane, AAA Says As temperatures continue to ride, so too does prices at the pump for motorists nationwide as winter slowly turns to spring. Nationally, as of Thursday, March 14, gas prices are up eight cents since a week ago, to an average of $2.52 per gallon, according to AAA. That price is 34 cents more expensive than a month ago as refineries begin transitioning from a cheaper winter blend to a more expensive, eco-friendly summer blend. According to AAA, over the last three weeks, gasoline stocks have been gradually decreasing, while demand has been increasing. The organization also cited fluctuating cr…

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by Zak Failla
Business
Gas Prices Take New Jump Gas Prices Take New Jump
Gas Prices Take New Jump While most motorists enjoyed relief at the gas pump during several weeks of plummeting prices, costs are on the rise nationwide. AAA announced that nationally, 28 states, including New York and Connecticut, saw the average gallon of gas increase in price last week. The national average of $2.43 per gallon is six cents more expensive than a week ago, and nine cents more expensive than last month. According to AAA, this is the largest one-week increase seen at the national level since last year. Although prices are up week-to-week and month-to-month, AAA noted that prices are 11 percent chea…

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by Zak Failla
Business
Start Of Spring Sees Gas Prices Rise, With No Relief In Sight Start Of Spring Sees Gas Prices Rise, With No Relief In Sight
Start Of Spring Sees Gas Prices Rise, With No Relief In Sight Spring has sprung in the tristate area, bringing with it a spike in gas prices with no relief in sight according to AAA. For weeks, gas prices have slowly, but surely, continued to creep upward, to a national average of $2.63 per gallon, up 10 cents from a month ago and 73 cents a year ago, when the average was $2.29 per gallon. In a forecast released by AAA Northeast, the national average is expected to reach as high as $2.70 per gallon, the highest since the summer of 2015. A AAA spokesperson cited “a volatile marker, higher crude oil prices, and higher consumer demand are driving average…

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by Zak Failla
Business
Gas Prices To Rise This Spring, AAA Says Gas Prices To Rise This Spring, AAA Says
Gas Prices To Rise This Spring, AAA Says There is no relief in sight for drivers’ wallets at the pump, as gas prices continue to rise and should continue to do so well into the spring, according to AAA. For weeks, gas prices have slowly, but surely, continued to creep upward, to a national average of $2.52 per gallon, up eight cents from a month ago and nearly 25 cents a year ago, when the average was $2.30 per gallon. In a forecast released by AAA Northeast, the national average is expected to reach as high as $2.70 per gallon, the highest since the summer of 2015. A AAA spokesperson cited “a volatile marker, higher crude oil pri…

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by Zak Failla