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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.
Gasoline prices are on a downward trend as the seasonal benefits of the shift to fall in the US outweigh elevated crude oil prices. ... "Gas prices seasonally fall every autumn," Andrew Gross ...
Still, that would be below the peak of $3.88 a gallon last year – a peak that didn’t occur until September. “I’m not looking for a spike in gas prices,” Lipow said. Why gas prices have ...
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 ...
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. Why are gas prices still so high?
Oil prices hit a three-year low this week, a milestone that comes after six weeks of consecutive gasoline price decline. The drop has little to do with the Biden administration’s direct ...
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 ...
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 ...