Gas Prices Now Below $3 in 14 States
Gasoline prices have fallen for 60 consecutive days, letting American drivers pass on savings at the pump to consumer retailers during the U.S. economy’s all-important holiday season.
New York Steps Up as Unlikely Diesel Supplier
New York is rising to the fore as an unlikely diesel supplier, shipping out three cargoes in one week as Russia’s fuel export ban sends buyers searching for new supplies.
Florida Faces Fuel Squeeze as Barge Traffic Falls
Florida is facing a potential squeeze on fuel supplies as shipments into the state slow just as demand is rising from consumers preparing for the threat of a major hurricane.
Gasoline Prices Are Rising Again as Big Oil Profits Soar
U.S. gasoline prices are on the rise for the first time in 16 days, potentially posing a political challenge for the Biden administration ahead of elections even as it casts a spotlight on Big Oil’s massive profits.
Pump Prices Soar as Supply Cracks Outweigh Weak Demand
The U.S. is running low on gasoline on the West Coast and in the Midwest, where prices are surging on the street, defying falling futures markets.
California Blackout Risk Spurs Diesel Demand for Generators
Diesel demand in California is soaring as the risk of blackouts in the state spurs big power users to load up on fuel for generators.
New York Turns to Ships to Head Off Gas Shortage
New York gasoline inventories are so low that suppliers are resorting to expensive U.S. vessels to move fuel into the region and allay the potential for shortages.
Gas Demand Stalls at Height of Summer Driving Season
U.S. gasoline demand remains below where it was this time two years ago as historically high prices keep more drivers off the road than COVID-19 did in the summer of 2020.
The World Can’t Get Enough of US Diesel as Exports Surge
The U.S. is exporting diesel at the fastest ever rate as the global market’s thirst for fuel remains insatiable.
Gasoline Demand Dips Below 2020 Level
Expensive gasoline is keeping more U.S. drivers off the road than the COVID-19 pandemic did at this time two years ago.