Gas Prices

Increase in Worldwide Supply of Crude Oil Leads to Falling Diesel Prices

Worldwide crude oil prices are continuing their descent into 2015 due to several factors. First, the Organization of Petroleum Exporting Countries (OPEC) stated in November that the Middle East consortium was not interested in cutting crude production and losing critical market share. Secondly, the United States continues to increase supply through advanced drilling techniques such…

Prices Down After Recent Increase

The May gas price increase recently seen may be turning back on itself. According to the latest Fuel Gauge Report by AAA, the average price for a gallon of regular unleaded at $3.63 as of May 28 is down 3 cents from May 22. Following 17 days of increases, the average price dipped 6 days in…

Gas Price Increase

Despite recent lower prices and predictions of lower prices, the price of gasoline is on its way up again. According to AAA’s Fuel Gauge Report,  the average price of a gallon of regular unleaded gasoline hit $3.58 on Monday, May 13. This price is up 6 cents from the previous week and an increase of…
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