gasoline News Updates

GovernmentBusinessFuel

Pump Prices Along the East Coast Are Rising on Gasoline Shortage

Gasoline shortages rippling across the East Coast are driving up pump prices from New York to Maine, potentially frustrating the Biden administration’s effort to rein in energy costs ahead of the election.

October 27, 2022
BusinessSafetyFuel

New England May Face a Gas Shortage This Winter

New England is at risk of natural gas shortages this winter amid surging global demand that’s driving up U.S. exports, according to the top federal energy regulator.

October 20, 2022
BusinessFuelTCA

Will Rise of EVs Mean the Death of the Gas Station?

For more than a century, gas stations have been the heart of California’s car culture, offering fuel, food and friendly directions along back roads and byways. But the rush to EVs may leave them in the dust.

October 4, 2022
BusinessFuel

Circle K Owner Goes on Food Marketing Push

Circle K parent Alimentation Couche-Tard Inc. only gets about half of its gross profit from fuel. That has CEO Brian Hannasch thinking about how to kickstart the company’s fresh food business, which represents just 11% of sales in its 9,000 North American stores.

September 21, 2022
BusinessFuel

Gasoline’s 98-Day Slide Ends With Modest Price Hike

Retail gasoline prices in the U.S. have posted their first increase — albeit very modestly — after a 98-day streak of declines, suggesting consumers won’t get much more relief at the pump. Prices now stand at $3.681 a gallon, according to auto club AAA.

September 21, 2022
GovernmentBusinessFuel

Average Gasoline Price Falls 45 Cents to $4.10 per Gallon

CAMARILLO, Calif. — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.

August 15, 2022
GovernmentBusinessTechnologyFuel

Gas Prices Dip Just Below $4 for First Time in 5 Months

Gasoline prices dipped to just under the $4 mark for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials.

August 11, 2022
BusinessFuel

Gas Demand Stalls at Height of Summer Driving Season

U.S. gasoline demand remains below where it was this time two years ago as historically high prices keep more drivers off the road than COVID-19 did in the summer of 2020.

July 20, 2022
GovernmentBusinessFuel

Gasoline Demand Dips Below 2020 Level

Expensive gasoline is keeping more U.S. drivers off the road than the COVID-19 pandemic did at this time two years ago.

July 13, 2022
GovernmentBusinessFuel

Gasoline Market Is Starting to Cool Down

It’s been a tailwind for oil prices for most of this year, but the previously booming U.S. gasoline market is showing a few signs of cooling off.

July 5, 2022