gasoline News Updates

BusinessFuel

Higher Gas Prices Push US Consumer Comfort to Seven-Week Low

Rising prices at the gas pump helped drive U.S. household sentiment to a seven-week low at the end of April, the Bloomberg Consumer Comfort Index showed May 3.

May 3, 2018
GovernmentBusinessFuel

Diesel Average Essentially Flat, Rising Just 0.1¢ to $3.043 a Gallon

The U.S. average retail price of diesel rose 0.1 cent to $3.043 as oil remained near $63 a barrel amid ongoing uncertainty over a U.S. trade war with China.

April 9, 2018
BusinessFuel

California Could See the Return of $4 Gasoline by May

Motorists in California, the state with the most expensive gasoline, could see pump prices that begin with a 4 again as oil markets rally.

January 31, 2018
BusinessFuel

Gasoline Demand Slips, Leaving Other Fuels to Pick Up Slack

America’s most popular fuel hasn’t been feeling the love. U.S. gasoline consumption dropped even as overall fuel demand posted an increase this year.

October 23, 2017
BusinessFuel

Oil Jumps After US Gasoline Stockpiles Plunge to 22-Month Low

Oil advanced to the highest level since May after U.S. gasoline stockpiles plunged to a 22-month low and exports of crude and fuels surged.

September 20, 2017
BusinessFuel

Texas Drivers Rush to Fill Gas Tanks as Pump Prices Rise

DALLAS — Drivers lined up at gas pumps in parts of Texas Aug. 31 as more stations ran out of gas and prices rose steeply in response to Hurricane Harvey’s impact on Gulf Coast refineries.

August 31, 2017
BusinessLogistics

Hurricane Harvey Strengthens as Refinery Risk Lifts Gasoline

Hurricane Harvey strengthened as it headed toward landfall in Texas, forecast to become the worst storm to strike the region in more than a decade. The price of gasoline rallied as the storm threatened to wreak havoc on the heart of America’s energy sector.

, , August 25, 2017
GovernmentBusinessFuel

Diesel Rises 1.6¢ to $2.507 as Oil Prices Reach Two-Month High

The U.S. average retail price of diesel rose 1.6 cents to $2.507 as crude climbed later in the week of July 24 to its highest price in nearly two months and Saudi Arabia announced it would make additional cuts in oil production, experts said.

July 27, 2017
GovernmentEquipmentFuelTCA

Analysis: Reluctant States Raise Gas Taxes to Repair Roads

Motorists don’t like to pay more at the pump, and lawmakers worry that if they raise taxes on gasoline, they’ll be voted out of office.

July 26, 2017
BusinessFuel

Oil Climbs From Seven-Week High on Signs US Stockpiles Plunged

Oil extended gains from the highest close in seven weeks as industry data showed U.S. crude stockpiles plunged, easing a glut.

July 26, 2017