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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.
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?
Gasoline prices are on a downward trend as the seasonal benefits of the shift to fall in the US outweigh elevated crude oil prices. ... prices are still roughly 7% below their 2023 high reached on ...
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 ...
US gas prices, meanwhile, have dropped to an average of about $3.19 per gallon. ... Americas oil analysts at LSEG, to better understand the dynamics pushing down the price of oil. ... Saudi Arabia ...
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 ...
In NJ, the average price for gas stands at $3.20 per gallon, but some gas station are selling gas for as cheap as $2.75. Gas prices are down globally. Here's why
Why are gas prices so high, and when will gas prices go back down? Oil prices are just one factor, and consumers could face more record prices at the pump.