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U.S. Average Gas Prices May Climb Above $2 for First Time in 2016

U.S. Average Gas Prices May Climb Above $2 for First Time in 2016

(WASHINGTON, March 21, 2016) Pump prices have climbed higher for two straight weeks, and the national average price of gas may soon climb above $2 per gallon for the first time this year. Gas prices have increased largely due to seasonal increases in fuel demand and reduced production as some refineries conduct maintenance.  Today’s average price of $1.98 per gallon ... Read More »

Gas Prices Post Largest Weekly Increase in More than a Year

Gas Prices Post Largest Weekly Increase in More than a Year

(WASHINGTON, March 14, 2016) Gas prices have jumped by 12 cents per gallon this week, which is the largest weekly increase since early March 2015. Prices increased by double digits due to a decline in gasoline supplies, relatively strong demand and continued refinery maintenance. The national average has moved higher for 18 of the past 20 days for a total ... Read More »

Gas Prices Make Largest Weekly Increase of the Year

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(WASHINGTON, March 7, 2016) The national average price jumped six cents on the week, the largest one week increase since the beginning of the year. Today’s average price is $1.81 per gallon, and the national average is likely to continue to move higher due to spring turnaround activity and reductions in supply in select regional markets. Drivers are paying six ... Read More »

Gas Prices Rising at the Fastest Pace Since Early November

Gas Prices Rising at the Fastest Pace Since Early November

(WASHINGTON, February 29, 2016) The national average price of gas has increased for six consecutive days for the first time since early November, though drivers continue to enjoy relatively low prices at the pump. Gas prices have climbed by four cents per gallon versus one week ago and are likely to continue to rise as the spring refinery maintenance season ... Read More »

Gas Price Slide Stalls Near Seven-Year Low

Gas Prices Fall to Seven-Month Low: AAA Monthly Gas Price Report: Oct. 1, 2015

(WASHINGTON, February 22, 2016) The national average for regular unleaded gasoline continues to hover at levels not seen since the Great Recession, largely due to abundant supplies and low crude oil costs. Today’s average price of $1.71 per gallon is the lowest price for this date since 2004, and pump prices have fallen for 41 of the past 47 days ... Read More »

U.S. Average Gas Prices Rise for First Time in Nearly Three Weeks

AAA Gas Price Report February 16, 2016

(WASHINGTON, February 16, 2016) The national average price of gas increased today for the first time in 20 days, but average prices are still at levels not seen since January 2009. The national average has fallen for 42 out of 47 days this year for a total savings of 30 cents per gallon. Today’s average price of $1.70 represents a ... Read More »

GAS PRICES CONTINUE TO SLIDE, YEARLY DISCOUNT WIDENS AGAIN

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(Washington, February 8, 2016) Domestic crude oil inventories reached their highest level for this time of year in nearly eight decades, and barring any major disruptions in supply, gas prices are likely to remain near their lowest price point since the Great Recession in the near term. Today’s average price of $1.74 per gallon reflects a savings of $1.07 per ... Read More »

Gas Prices More than $1 Cheaper than 2015 High

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(Washington, February 1, 2016) Drivers are saving more than $1 per gallon ($1.01) from the 2015 peak price reached this past June, and the national average has spent 32 consecutive days below the $2 per gallon benchmark. Today’s average price of $1.80 per gallon is the lowest price for gasoline since January 2009. Gas prices have fallen for 24 of ... Read More »

U.S. Average Gas Prices Under $2 for 25 Days and Counting

Gas Prices Likely to Fall Following Seasonal Switch

(Washington, January 25, 2016) Gas prices have spent 25 consecutive days below $2 per gallon and could head lower still as reduced seasonal demand and falling crude oil costs combine to send pump prices to the lowest mark in six years. Today’s average price of $1.83 per gallon is the cheapest price since January 2009, and retail averages have fallen ... Read More »

Gas Prices Dropping at the Fastest Pace in Two Months

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(January 19, 2016) – Tumbling crude oil prices around the world have helped send the national retail average price for gasoline to its lowest mark since February 2009. Retail averages have fallen for 63 of the past 74 days, for a total savings of 34 cents per gallon, reaching today’s price of $1.88 per gallon. Gas prices are down seven ... Read More »

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