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The current decline is notable given prices at the pump are about $0.30 lower than a year ago, when oil was hovering around the same levels as today.
U.S. oil refiners were using 89.5% of capacity as of last week, still seasonally high. Overall U.S. refining capacity has declined since the coronavirus pandemic crushed demand in early 2020.
Drivers are in for another headache at the pump as U.S. gas prices continue to rise. The national average for gas prices stood at about $3.78 a gallon on Tuesday — about 25 cents higher than ...
The national average price for a gallon of gas are going down in the U.S. with Tuesday's national average just at $3.137, according to AAA.. The amount is 9 cents lower than last week's average ...
According to AAA, the national average price of a gallon of gas climbed to $3.92 on Monday. Prices are likely to keep going higher from here as oil prices climb, according to Patrick De Haan ...
Oil has fluctuated while pump prices stayed high. Analysts expect the cost of gas to stay up for now, but lawmakers are discussing relief options. Skip to main content. 24/7 Help. For premium ...
The price of crude oil is responsible for about half the cost of gasoline at the pump, and that makes sense because you really can't have gas without it. So as crude oil prices soar, so do ...
Global energy prices are finishing the week the way they started — shooting higher as a cocktail of risks to supply have put investors on edge.. The price of Brent crude, the global oil ...