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Retail markup over crude oil and wholesale gasoline, 2014–2019 Oil, gas, and diesel prices RBOB Gasoline Prices. In 2008, a report by Cambridge Energy Research Associates stated that 2007 had been the year of peak gasoline usage in the United States, and that record energy prices would cause an "enduring shift" in energy consumption practices. [6]
As of Monday, per AAA data, Mississippi had the lowest average gas price at about $2.94 per gallon — followed by $2.95 Oklahoma and just under $2.97 in Arkansas.
At the time of writing, the national average price of regular gas is $3.62 per gallon, $0.02 higher than this time last year. Drivers who use premium gas are paying $0.07 more this year than last ...
Gasoline prices are on a downward trend as the seasonal benefits of the shift to fall in the US outweigh elevated crude oil prices. ... "Gasoline demand has been weak," said the EIA's Barron ...
U.S. gasoline prices are heading south and may hit $3 a gallon in many places in coming weeks with crude oil futures down $10 a barrel over economic fears and eroding demand. The drop in gasoline ...
The average price of gasoline in the United States increased 6 cents to $3.17. [52] On March 1, 2011, a significant drop in Libyan production and fears of more instability in other countries pushed the price of oil over $100 a barrel in New York trading, while the average price of gas reached $3.37.
The United States uses about 9 million barrels of gasoline per day, and about 3 million barrels of diesel, according to federal data. ... The four-week moving average of gasoline demand is 2.4% ...
With record demand reported in the United States and lower inventories along with good news on U.S. jobs but continued high production from OPEC nations, on August 4, WTI ended the week at $49.58 and Brent crude reached $52.42 after almost reaching a 10-week high earlier in the week. Both were down less than 1% for the week. [37] [38]