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 Along the East Coast Are Rising on Gasoline Shortage
Gasoline shortages rippling across the East Coast are driving up pump prices from New York to Maine, potentially frustrating the Biden administration’s effort to rein in energy costs ahead of the election.
New England May Face a Gas Shortage This Winter
New England is at risk of natural gas shortages this winter amid surging global demand that’s driving up U.S. exports, according to the top federal energy regulator.
Will Rise of EVs Mean the Death of the Gas Station?
For more than a century, gas stations have been the heart of California’s car culture, offering fuel, food and friendly directions along back roads and byways. But the rush to EVs may leave them in the dust.
Circle K Owner Goes on Food Marketing Push
Circle K parent Alimentation Couche-Tard Inc. only gets about half of its gross profit from fuel. That has CEO Brian Hannasch thinking about how to kickstart the company’s fresh food business, which represents just 11% of sales in its 9,000 North American stores.
Gasoline’s 98-Day Slide Ends With Modest Price Hike
Retail gasoline prices in the U.S. have posted their first increase — albeit very modestly — after a 98-day streak of declines, suggesting consumers won’t get much more relief at the pump. Prices now stand at $3.681 a gallon, according to auto club AAA.
Average Gasoline Price Falls 45 Cents to $4.10 per Gallon
CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.
August 15, 2022Gas Prices Dip Just Below $4 for First Time in 5 Months
Gasoline prices dipped to just under the $4 mark for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials.
August 11, 2022Gas 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.
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.