Record Drivers for July 4th Weekend to Boost Gasoline Demand
Gasoline demand in the U.S. is set to get a bump this July 4th weekend as a record number of drivers are expected to hit the road with some relief at the pump.
Road Fuel Demand to Peak by 2027
Global road fuel demand will peak in five years, though it will be decades before shifts in consumption reshape transportation’s reliance on fossil fuels, according to a report from BloombergNEF.
Gasoline Tops $5 a Gallon in 13 States
Gasoline reached $5 a gallon or more in more than a dozen states a week into the peak summer travel season, as stockpiles of the fuel remain tight.
New York Suspends Gas Tax for Six Months
New York is temporarily lifting the 16 cents-a-gallon fuel tax for six months as the summer driving season kicks off with record-high pump prices.
Drivers Begin to Balk at Record Gas Prices
U.S. gasoline demand — which earlier was expected to hold strong this summer despite soaring prices — is starting to show signs of cracks.
Gas Price Records Mount as Travel Nears Pre-COVID Norms
Gasoline prices in the U.S. have hit fresh peaks for the past 10 days, the longest run of consecutive records just as travel is expected to approach levels seen before the pandemic, according to auto club AAA.
Gas Tops $4 a Gallon in Every State for the First Time
Gasoline pump prices have risen above $4 a gallon in all states in the U.S. for the first time ever as the last holdouts — Kansas, Oklahoma and Georgia — saw prices rise overnight, according to auto club AAA.
At More Than $4.30 a Gallon, Gasoline Nears Its March Record
Gasoline pump prices in the U.S. are rising to within a hair of an all-time record three weeks ahead of the peak driving season.
Gas Imports Flowing to West Coast at Near-Record Pace
The U.S. West Coast is importing gasoline at a near-record pace this month to help ease supply constraints amid eye-popping pump prices just ahead of the peak summer driving season.
Gulf Coast Diesel Exports Soar on Wartime Shortage
Russia’s invasion of Ukraine has set off a global scramble for diesel, prompting buyers around the world to snap up massive volumes of fuel from the U.S. Gulf Coast despite high prices.