Posts Tagged ‘Crude oil’
AAA: Gas Prices Continue to Climb as Crude Oil Remains High; Diesel Reaches New Record Highs
Prices at the pump continue to climb. AAA reports that the national average for a gallon of regular gasoline is up 16 cents from last week at $4.43 and more than one dollar higher than it was a year ago. Crude oil remains high, averaging $100 per barrel amid continued volatility in the Strait of…
Read MoreAAA: Delaware Gas Price Average Surges 34 Cents in One Week
Gas prices have been rising significantly over the last several days. The national average for a gallon of regular gasoline went up 13 cents since last week to $4.27 as crude oil prices continue climbing, according to AAA. Volatility in the Strait of Hormuz has pushed crude oil back in the $100 per barrel range…
Read MoreAAA: Pump Prices Soar Toward $4 as Middle East Conflict Sends Crude Oil Near $100/Barrel
Gas prices continue to rise amid escalating conflict in the Middle East, pushing crude oil prices close to $100 per barrel. Because crude oil makes up about 50 to 60 percent of the cost of a gallon of gas, global tensions—along with disruptions near the Strait of Hormuz, a key route for about 20 percent…
Read MoreGas Prices Lower – Saturday’s Tariff Deadline Could Change That
The price at the pump dropped 2 cents nationally this past week to $3.11. In Delaware the average price for a gallon of gas dropped 8 cents to $3.13. The cost of a barrel of crude oil also fell by just over $2 per barrel. Officials at AAA Mid-Atlantic say with winter about half over…
Read MoreAAA: Del. Average Gas Prices Reach Record High
Delaware’s average gas price has reached an all-time high, according to Triple-A Mid-Atlantic.Motorists are paying an average of $4.28 to fuel up in The First State. Maryland’s average price of gas is also $4.28.Average gas prices in Delaware have risen three cents overnight, six cents in the past week and 22 cents in the past…
Read MoreGas Prices Increase with Loosening of Coronavirus Restrictions
Over the past week, gas prices have increased nationally by 3 cents to $1.97 a gallon which is 84 cents less than a year ago. There was also a 700,000 barrel decrease in total domestic stock. In Delaware gas prices increase 1 cent to $1.88 per gallon. Officials at AAA Mid-Atlantic expect pump prices to…
Read MoreGas Prices Beginning to Drop
Gas prices have started to reverse a bit with the start of June as crude oil prices have decreased by over $2 per barrel in the past week. The national average for gas has dropped 2 cents in the last week – to $2.95 – in Delaware the price has fallen from $2.95 last week…
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