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Why are gas prices so high? There are lots of reasons, including seasonal factors. ... For example, Costco offers serious savings on gasoline. Right now, on July 23, 2024, my local Costco in ...
Sure we’re at $90 a barrel right now — but if you measure by today’s dollars, we actually peaked at something like $184 per barrel back in 2008. When you adjust for inflation, oil isn’t ...
The price of gasoline now stands at $3.64 per gallon, according to AAA, much lower than last summer’s high of just over $5. But the cost to fill up a tank has been creeping upward from the $3.55 ...
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.
Prices across the country were already high before the most recent jumps. Russia’s invasion of Ukraine hit oil markets and global gas prices hard,… Here’s why gasoline prices are spiking again
On Tuesday, according to the AAA, California had the highest gas prices in the nation at an average of $5.01 a gallon. Washington and Oregon followed at $4.96 and $4.92, respectively.
Here’s why fuel costs more right now, experts say. Angela Rodriguez. January 2, 2024 at 5:50 PM. Hector Amezcua/hamezcua@sacbee.com. ... But why do gas prices seem so much higher now?
Oil's year-to-date move to the upside has exacerbated upward pressure on prices in recent months. Over a one-month period, US crude rose from $78 to $85 per barrel, accounting for an increase of ...