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The average price at the pump is $1.61 higher than it was one year ago. Nationwide, the highest average price for regular-grade gas is in the San Francisco Bay Area, at $6.20 per gallon.
Gasoline prices are at their lowest level of the year heading into Thanksgiving. The national average is around $3.27 per gallon, down $0.28 in the last month — and $0.34 lower from a year ago ...
Gas prices within the last 10 years highlight how volatile the market can be. When looking at historical data, gas prices were the same in 2011 as they were in 2023 — $3.52 per gallon.
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]
San Jose is the county seat of Santa Clara County and the main component of the San Jose–Sunnyvale–Santa Clara Metropolitan Statistical Area, with an estimated population of around two million residents in 2018. [20] San Jose is notable for its innovation, cultural diversity, [21] affluence, [22] and sunny and mild Mediterranean climate. [23]
In 2015, the company purchased fuel distribution contracts for ninety Valero and 76 gas stations from MCW Energy group. [3] [10] The deal grew its network to more than 500 stations in California and Nevada and increased sales to 400 million gallons of gas per year. [2] [3] Boyett Petroleum is the largest distributor of Valero on the West Coast ...
Tight refining supply has kept the gap wide between wholesale gasoline futures and retail prices, currently at about $1.25 a gallon, far exceeding the average of 88 cents over the past five years.
A Chevron spokesperson later said that the fire was one factor among others, including the price of crude oil, that influenced prices. [33] However, data collected by the California Energy Commission showed that increased production at other refineries more than made up for the Richmond loss, with 461,000 gallons of crude oil added to state ...
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