Tag: Gasoline Prices

American gasoline prices prior to Labor Day lowest in 12 years

American gasoline prices prior to Labor Day lowest in 12 years

EIA forecasts US regular gasoline prices will decline to an average of $1.95/gal during the fourth quarter of 2016 The US average retail price for regular gasoline was $2.24/gal on Aug. 29, the lowest price on the Monday before Labor Day since 2004, and 27¢/gal lower than the same time last year, according to the US […]

By September 2, 2016 0 Comments Read More →
US gasoline consumption and exports hit record highs: Kemp

US gasoline consumption and exports hit record highs: Kemp

“Strong economic growth and increased employment have coupled with a substantial decline in gasoline prices to stimulate record fuel consumption.” By John Kemp – Reuters U.S. motorists used a record volume of gasoline in June as good weather and cheap fuel encouraged a strong start to the summer driving season. The volume of gasoline supplied […]

By September 1, 2016 0 Comments Read More →
High California gas prices blamed on taxes, regulations and gouging

High California gas prices blamed on taxes, regulations and gouging

California gas prices about 76.5 cents higher than national average SACRAMENTO, Calif. _ Gouging by oil companies could be one reason California drivers pay about 76 cents more for a gallon of regular gas than motorists elsewhere in the nation, a state government panel was told Monday. Fuel experts and consumer advocates also told the […]

By February 9, 2016 0 Comments Read More →
US producer prices rose in November despite drop in gas prices

US producer prices rose in November despite drop in gas prices

US producer prices rose 0.3 per cent WASHINGTON _ US producer prices rose in November for the first time in four months, driven up by higher profit margins for retailers and wholesalers and a jump in shipping costs. Despite the increase, prices have barely risen in the past year and inflation is largely tame. Key […]

By December 11, 2015 0 Comments Read More →
EPA must protect consumers from high ethanol mandates – API

EPA must protect consumers from high ethanol mandates – API

Congressional Budget Office found fuel prices could rise if EPA forces more than 10% ethanol into gasoline WASHINGTON, DC – EPA must do more to ensure Americans have access to fuels they want and can safely use in their vehicles until Congress can repeal or significantly reform the outdated Renewable Fuel Standard (RFS), API President and […]

By December 2, 2015 0 Comments Read More →
Majority of American voters concerned about high ethanol mandates – poll

Majority of American voters concerned about high ethanol mandates – poll

According to DOE’s fuel economy website, fuel costs can be significantly higher when consumers use higher ethanol blends WASHINGTON, DC – Seventy-eight per cent of registered voters are concerned that breaching the ethanol blend wall could drive up the cost of gasoline for consumers and reduce the nation’s fuel supply (91 per cent of Republicans, 80 […]

By November 19, 2015 0 Comments Read More →
Labor Day pump prices lowest in over a decade on low oil prices

Labor Day pump prices lowest in over a decade on low oil prices

Labor Day pump prices nearly $1 a gallon cheaper than last year NEW YORK – It has been more than a decade since U.S. drivers paid so little to fuel up for that last road trip of summer. The national average price of gasoline this Labor Day weekend will be its lowest at this time of year […]

By September 3, 2015 0 Comments Read More →
California gas prices spike above $4 in some markets due to oil shortage

California gas prices spike above $4 in some markets due to oil shortage

California gas prices rose as high as $4.30 While gas prices nationwide are on a downward trend, California gas prices in some parts of Los Angeles have topped $4 a gallon, but analysts say relief may be on the way. A shortage in oil and other components used in refining California’s unique blend of less-polluting gas […]