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Gasoline Demand Hits Record Highs As Pump Prices Surge Gasoline Demand Hits Record Highs As Pump Prices Surge
Gasoline Demand Hits Record Highs As Pump Prices Surge Gasoline demand has hit an all-time high, as prices at the pump continue to rise to the highest point since a peak in the summer of 2015. According to the Energy Information Administration, at month's end, gasoline demand was at 9.857 million barrels a day, the highest level ever recorded in April. This past week, Connecticut (10 cents), New Jersey (10 cents) and New York (seven cents) were among six Northeast states to have the highest increases nationally in price per gallon, with motorists now shelling out $3 or more per gallon in much of the area. The tristate area remains one of the m…

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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