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More Posts on Gasoline
The new U.S. gas price average is about $1 higher than it was a year ago.
Thursday marked the first time oil prices hit more than $100 a barrel since 2014.
GasBuddy's 2022 Gasoline Forecast (pdf), released Dec. 29, predicts that the national retail gasoline price will average $3.41 per gallon for all of 2022-assuming no significant interruptions to the ongoing economic recovery.
National average retail gasoline prices have been in a downward trend since peaking at $3.505 for the week ending Nov. 8, according to the Energy Information Administration (EIA).
Aubrey McClendon died one day after the U.S. Department of Justice indicted him for allegedly violating antitrust laws by colluding to rig bids for oil and gas acreage.
You can order a full tank of gas from your smartphone with the app from Seattle-based Booster.
Cutting the budget by 25 percent will mean laying off 7,000 employees.
Gasoline prices in June rose by their highest rate in four months, fueling an overall rise in U.S. consumer prices.