Robins Global News & Noticias 
Consumer Daily Reports
Consumer News: Heavy gasoline demand drives prices higher
- Details
- Category: Consumer Daily Reports
-
12 Apr 2019
- Last Updated: 12 April 2019
- Published: 12 April 2019
- Written by www.ConsumerAffairs.com News
Gasoline demand has been rising so far this spring -- and it shot up to summer-like level last week, pushing prices at the pump higher.
The AAA Fuel Gauge Survey shows the national average price of regular gasoline in $2.81 a gallon, up nine cents since last Friday. That’s 33 cents more than a month ago.
The average price of premium is $3.35 a gallon, eight cents higher than a week ago. The average price of diesel fuel is $3.05, only two cents higher over the last seven days.
The Energy Information Administration (EIA) reports consumer demand for gasoline jumped last week to 9.8 million barrels a day, a huge increase over the previous week and about a half-million more barrels a day than the first week of April 2018.
California alone is doing more than its part to raise the national average for fuel prices. Patrick DeHaan, head of petroleum analysis at GasBuddy, says gas stations in the Los Angeles and San Francisco markets now average $4 a gallon for regular while the statewide average has risen to $3.95 a gallon, up 25 cents in the last seven days.
“It’s the first time since 2015 LA has seen such a high average,” DeHaan said in a tweet.
California isn’t the only state to see dramatic increases in gas prices over the last week. The average price is up 13 cents a gallon in Nevada, 11 cents in Utah, and eight cents in Arizona. AAA says shrinking gasoline supplies amid high demand will likely contribute to increased pump prices in the weeks ahead.
The states with the most expensive regular gas
These states currently have the highest prices for regular gas, according to the AAA Fuel Gauge Survey:
-
California ($3.95)
-
Hawaii ($3.54)
-
Washington ($3.32)
-
Oregon ($3.22)
-
Nevada ($3.16)
-
Alaska ($3.10)
-
Pennsylvania ($2.93)
-
Arizona ($2.93)
-
Illinois ($2.88)
-
Michigan ($2.86)
The states with the cheapest regular gas
The survey found these states currently have the lowest prices for regular gas:
-
Alabama ($2.47)
-
Arkansas ($2.48)
-
Mississippi ($2.48)
-
South Carolina ($2.49)
-
Louisiana ($2.52)
-
Texas ($2.53)
-
Virginia ($2.54)
-
Missouri ($2.55)
-
Tennessee ($2.56)
-
Oklahoma ($2.56)
Posted: 2019-04-12 14:02:16
Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.
Embed
Related News Stories From The Web And More
Related Bing News
Consumer News: Heavy gasoline demand drives prices higher | Consumer Daily Reports | RobinsPost News Network - Newscast
Strong demand drives gas prices higher
Mon, 15 Apr 2019 07:59:00 GMTThe latest figures from the Energy Information Administration point to strong gasoline demand, which eclipsed the levels seen this time last year. "Lingering supply issues are keeping upward pressure ...
Price of Gold Fundamental Daily Forecast – Gold Firms after Surge in Euro Drives Dollar Index Lower
Fri, 12 Apr 2019 08:44:00 GMTHelping to drive prices higher on Friday is ... The Producer Price Index for final demand rose 0.6 percent last month, lifted by a surge in the cost of gasoline. That was the largest increase ...
Why oil and gasoline prices are rising faster than analysts expected this year
Wed, 03 Apr 2019 11:40:00 GMTThe oil price rally has exceeded many analysts' expectations, driving up prices at gasoline pumps. Oil demand is holding up better than ... The oil prices rally has contributed to seven straight weeks ...
“Perfect Storm” Drives Oil Prices Higher
Mon, 18 Mar 2019 18:56:00 GMTIn January, demand grew by 1.55 million barrels per day (mb/d) year-on-year. “Gasoline in particular is surprising to the upside, helped by low prices, confirming our view that the weakness in cracks ...
Seasonal demand drives up gas prices
Mon, 18 Mar 2019 08:06:00 GMTDemand ... cents higher than a month ago and 9 cents more than last year, according to AAA. Florida posted the largest monthly increase in gas prices and the second-highest weekly jump. Florida gas is ...
Related Bing Web Search
This Week in Petroleum - Energy Information Administration
(Tue, 09 Apr 2019 23:57:00 GMT)Summer 2019 gasoline prices forecast to be lower than last summer. In the April 2019 update of its Summer Fuels Outlook, a supplement to the Short-Term Energy Outlook (STEO), the U.S. Energy Information Administration (EIA) expects the retail price of regular-grade gasoline will average $2.76 per gallon (gal) during summer 2019 (April through September).
U.S. Energy Information Administration (EIA)
(Tue, 16 Apr 2019 07:35:00 GMT)Overview: (For the week ending Wednesday, April 10, 2019) Although natural gas spot prices fell at most locations this report week (Wednesday, April 3 to Wednesday, April 10), Henry Hub spot prices rose from $2.67 per million British thermal units (MMBtu) last Wednesday to $2.69/MMBtu yesterday.
Common Factors That Affect Oil and Gas Prices - Oilscams.org
(Sun, 14 Apr 2019 12:17:00 GMT)Oil and gas play a key role in running our world, from powering homes and businesses to keeping the transportation infrastructure running. Our lives wouldn’t be the same without oil and gas.
Higher-octane gasoline seen as more effective fuel ...
(Tue, 26 Mar 2019 23:59:00 GMT)Increasing the octane standard for gasoline sold in the US would improve overall motor vehicle fuel efficiency more effectively than simply waiting for electric and other alternative-fueled cars ...
Map Gas Prices - Gasoline prices and how to save gas
(Sun, 14 Apr 2019 15:30:00 GMT)Gasoline prices and how to save gas. Think of Toyota, and you’re probably thinking of one of the world’s largest and most successful car companies ever made. So it’ll probably come as a bit of a surprise to learn that even though they’re mostly known for their cars, they still exist in the textile business, as well as the automatic loom production one.
6 Factors Affecting Natural Gas Prices (And 1 That's ...
(Tue, 16 Apr 2019 00:26:00 GMT)Impact of Weather Image via Flickr via Mike Mozart Seasonal weather, including tropical storms and hurricanes, can have a great influence on natural gas production. This supply side factor forces refineries to slow or shut down production during periods when weather events pose a threat to workers and facilities. Hurricane activity along the Gulf Coast […]
Steel: Learn How To Trade It at Commodity.com
(Tue, 16 Apr 2019 18:48:00 GMT)What Drives the Price of Steel? Diverse industries all over the world use steel in their products. Therefore, the price of steel is a good barometer for global economic strength.The following five areas represent important specific determinants of steel prices:
Filling station - Wikipedia
(Mon, 15 Apr 2019 16:55:00 GMT)A filling station is a facility that sells fuel and engine lubricants for motor vehicles.The most common fuels sold in the 2010s are gasoline (gasoline or gas in the U.S. and Canada, generally petrol elsewhere) and diesel fuel.A filling station that sells only electric energy is also known as a charging station, while a typical filling station can also be known as a fueling or gas station ...
Natural Gas : Learn How To Trade It at Commodity.com
(Tue, 16 Apr 2019 18:12:00 GMT)Adam Beck Complex via Ontario Power Generation on Wikimedia. Some high-volume fuel consumers, such as electric power plants and iron, steel, and paper mills, can substitute between natural gas, coal, and petroleum, depending on the cost of each fuel.How Is Natural Gas Produced? Natural gas occurs mostly in three locations:. Trapped between layers of rock.
How much does a gallon of gasoline weigh - answers.com
(Tue, 16 Apr 2019 06:45:00 GMT)It is not possible to answer the question without knowing the volume (quantity) of the gasoline. One gallon weighs from 5.8 to 6.5 pounds, depending on the temperature when you weigh it.
Related News Story Videos From Youtube
Supply and demand: What really drives the price of gas?
Related Videos On: Supply and demand: What really drives the price of gas?
What's Fueling the Rise in Gas Prices
Related Videos On: What's Fueling the Rise in Gas Prices
Why Do Gas Prices Change? | Show Me | NBC News
Related Videos On: Why Do Gas Prices Change? | Show Me | NBC News
10 Driving Hacks That'll Make You Spend Less On Gas
Related Videos On: 10 Driving Hacks That'll Make You Spend Less On Gas
Supply, Demand Drive Gas Prices Inching Toward Record High
Related Videos On: Supply, Demand Drive Gas Prices Inching Toward Record High
Blow Us A Whistle
Comments (Whistles) Designed By Disqus
