By Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration’s (EIA) U.S. retail price average for all formulations of regular grade gasoline fell 6 cents as of Sept. 19, and will continue to move lower into October on declining wholesale gasoline costs. Through the week-ended Sept. 26, wholesale gasoline costs moved lower…
Retail Gasoline On the Rise
Brian L. Milne, Refined Fuels Editor, Telvent DTN The Energy Information Administration (EIA), the statistical arm of the Department of Energy, released an outlook projecting the U.S. retail price for regular grade gasoline will average $3 gallon in 2011-a price level previously seen as a breaking point for the American consumer. No more; with higher…
Gas Prices Grow
Gas prices have soared to the highest price of the year, topping $3 a gallon, The Citizens’ Voice reported. For the first time since Oct. 2008, gas prices have risen to an average of $3.05 a gallon in the Wilkes-Barre/Scranton, Pa. area, according to AAA Mid-Atlantic. The national average price of self-serve regular gas sits…
Gasoline Prices continue to Chug Higher
By Brian L. Milne, Refined Fuels Editor, Telvent DTN Preliminary federal data shows gasoline demand down 0.5 percent through the four-week period ended Nov. 26, but gasoline prices continued to move higher. Based on the sharp gains, with several cities seeing their wholesale prices up by more than 10 cents from the previous week, the US gasoline…