Gas News Updates

BusinessFuel

Motorists Likely to Pay Less at Pump This Summer

American drivers probably will pay less to fill up this summer as oil prices are forecast to be lower than last year.

April 10, 2019
GovernmentFuel

2019 Gas Prices Predicted to Be Volatile, but Lower Overall

The projected $2.70 a gallon pump price for 2019 is 3 cents lower than 2018 levels, although this year’s high could reach $3 as soon as May and top $4 in some cities, according to GasBuddy’s Price Fuel Outlook. The lower prices have not escaped Trump’s attention, who equated them to a tax cut in a tweet Jan. 1.

January 2, 2019
BusinessTechnologyEquipment

Tech Air Acquires Scully Welding Supply, Propane Service Companies

Industrial gas and equipment supplier Tech Air has acquired Scully Welding Supply Corp. and Scully Propane Service Corp. according to a Dec. 4 press release. This is the 27th acquisition for Tech Air under CI Capital ownership.

December 11, 2018
GovernmentBusinessFuelTCA

Get Ready for the Most Expensive Driving Season in Years

Get ready for a little bit more pain at the pump this summer. Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way.

April 30, 2018
GovernmentBusinessFuel

Diesel Price Declines 3.6¢ a Gallon

The U.S. retail diesel average declined 3.6 cents to $3.027 a gallon, the Department of Energy reported Feb. 20.

February 20, 2018
BusinessFuel

Oil Dips as Recent Rebound Seen Lending to Global Output Rise

Oil dropped as OPEC’s production increased last month, at a time when U.S. drillers are also ramping up.

October 2, 2017
BusinessFuel

Oil Prices Slide, Diesel Falls 3.5¢ to $2.489 a Gallon

The U.S. average retail price of diesel dropped 3.5 cents to $2.489 a gallon, while the stubborn glut of crude caused oil prices to tumble to about $43 a barrel — a range last seen in early August — and into a bear market, experts said.

June 19, 2017
Business

Praxair-Linde Merger Shuffles Market for Industrial-Gas Distribution Fleets

Operators of private fleets that distribute industrial gases are bracing for more change as consolidation continues to shake up the biggest players in the market.

January 30, 2017
Business

Why Oklahoma City Gets $2 Gasoline Before Rest of US

Of all the filling stations in all the United States, $2 gasoline showed up at Oklahoma City’s first. Why?

December 4, 2014
Business

Average Price of Gas Falls Below $3 for First Time Since 2010, Says Lundberg

The average price of regular gasoline at U.S. pumps dropped 13.38 cents to $2.942 a gallon in the two weeks ended Nov. 7, falling below $3 for the first time in almost four years, Lundberg Survey said.

November 10, 2014

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