Search results
Results From The WOW.Com Content Network
Tight refining supply has kept the gap wide between wholesale gasoline futures and retail prices, currently at about $1.25 a gallon, far exceeding the average of 88 cents over the past five years.
The 3-2-1 crack spread, a proxy for refining margins, fell below $20 a barrel for the first time in 18 month on Wednesday, and is down nearly 40% in the past month. The gasoline crack was $9.63 a ...
The energy index fell 2.3% in November over the prior month with gasoline prices declining 6.0% during that period. Gasoline hit all-time highs just above $5 per gallon in June 2022.
According to the Energy Information Administration (EIA), as of March 2022, factors that affect the price of gasoline in the United States include the price of crude oil per barrel, costs and profits related to refining, distribution, and marketing, and taxes, along with the charge set by refiners for gasoline based on based on octane levels, with higher octane levels—premium grade cost ...
By Shariq Khan. NEW YORK (Reuters) - U.S. motorists should see gasoline prices fall below $3 a gallon for the first time in over three years as soon as next month, shortly before they go to vote ...
Gasoline prices are rising across the country in the middle of peak summer driving season. Hot weather and other issues affecting oil production and gas prices Skip to main content
Expect gasoline prices to keep sliding over the next month to dip below a national average of $3 per gallon, one analyst says. "I think the die has been cast for prices over the next 30 to 45 days ...
U.S. motorists could see gasoline prices fall below $3.00 a gallon in the coming weeks after crude futures posted their steepest losses since April 2020 on Friday as a new coronavirus variant ...