Gasoline Market Is Starting to Cool Down
It’s been a tailwind for oil prices for most of this year, but the previously booming U.S. gasoline market is showing a few signs of cooling off.
US Gasoline Market Dips in Peak Season as High Prices Slow Demand
Gasoline demand in the U.S. shows signs of further softening just three weeks into the peak driving season, with near-record prices likely encouraging people to stay closer to home.
Average Gasoline Price Drops 4 Cents to $5.05 a Gallon
CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline fell by 4 cents per gallon in the past two weeks to $5.05 for regular grade, it was reported June 26.
June 27, 2022California Democrats to Investigate Cause of High Gas Prices
SACRAMENTO, Calif. — With California drivers paying more than $6 for a gallon of gas and state officials deadlocked for months over how to provide relief, lawmakers in the state Assembly on June 20 announced they would investigate oil companies they say are “abusing a historic situation to suck profits from Californians’ wallets.”
Gas Hits $5 a Gallon for First Time, According to AAA
NEW YORK — The nationwide average price for a gallon of gasoline has hit $5 for the first time ever.
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.
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.
Congressional Leaders Eye Legislation Targeting Fuel Prices
With the traditional start of the busy summer driving season fast approaching, congressional leaders are taking aim at rising gasoline prices.
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.