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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 national average price for a gallon of gas is going down in the U.S. with Tuesday's national average at just $3.14, according to AAA.
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 ...
In NJ, the average price for gas stands at $3.20 per gallon, but some gas station are selling gas for as cheap as $2.75.
The current decline is notable given prices at the pump are about $0.30 lower than a year ago, when oil was hovering around the same levels as today.
Gas prices dipped significantly over the weekend, bringing relief for drivers ahead of the holiday. As of Monday, the national average stands at $3.15 per gallon, according to AAA. That’s 5 ...
Kloza added, "The question is not so much when do we drop below $3 per gallon, but how much lower can we go?" On Tuesday, the national average price of a gallon of gas sat at $3.08 per gallon ...
Gas prices have fallen or remained steady since Sep. 19 — marking about a 70-day trajectory of decline, Andrew Gross, spokesperson for motor club AAA, said Tuesday. As of Tuesday, the national ...