gasoline News Updates

Government, Business, Fuel

US Gasoline Traders Would Rather Export Than Ship to New York

The busiest U.S. fuel pipeline is running below capacity, as Gulf Coast refiners get fatter margins exporting to Latin America than shipping to New York.

May 16, 2019
Government, Business, Fuel

Diesel Price Unchanged; US Average Now Less Than a Year Ago

The U.S. average retail price of diesel was unchanged the week of Jan. 28 at $2.965 a gallon and now is about 10 cents a gallon cheaper than it was a year ago, according to the U.S. Energy Information Administration.

January 28, 2019
Business, Fuel

Gasoline for Less Than $2 Available in 20 States After Oil’s Drop

Gasoline prices below $2 a gallon can now be found in at least one gas station in 20 U.S. states, as the effects of the bear market in crude oil trickle down to motorists.

November 28, 2018
Government, Business, Fuel

US Retail Sales Rose at 0.5% Annual Rate in July

WASHINGTON — Americans shopped at a healthy pace in July, buying more cars, clothes and appliances, evidence that confident consumers are helping drive robust economic growth.

August 15, 2018
Business, Fuel

Diesel Rises for 9th Straight Week, Up 3.8¢ to $3.277

The U.S. average retail price of diesel fuel rose 3.8 cents last week to $3.277 a gallon, making it the ninth straight week that the price of trucking’s main fuel has gone up, according to the weekly report from the U.S. Department of Energy’s Energy Information Administration on May 21.

May 21, 2018
Business, Fuel

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
Government, Business, Fuel

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
Business, Fuel

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
Business, Fuel

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
Business, Fuel

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