Posts Tagged ‘gas prices’
AAA: 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 MoreSeasonal Rise in Gas Prices Underway
We are still several weeks away from the start of spring, but the seasonal rise in gas prices is already underway. The national average for a gallon of regular gasoline went up by more than 5 cents this past week to $2.98 a gallon, according to AAA. Gas demand is also expected to increase next month…
Read MoreAAA: Gas Prices Dropped Slightly Since Last Week, Expected to Increase Soon
The national average for a gallon of regular gasoline dropped slightly from the previous week to $2.92. According to AAA, pump prices are expected to start their seasonal climb soon, as spring approaches and summer-blend gasoline production begins. Tensions between the U.S. and Iran are another factor that could drive up crude oil prices. Right…
Read MoreNational Gas Price Average Edging Higher; Lower in Delaware Since Last Week
Drivers in certain areas of the region may notice gas prices ticking up slightly ahead of the holiday weekend. According to AAA, the national average for a gallon of regular is up a couple of cents from last week to $2.94.  Current prices remain below what they were this time last year when the national average…
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: Nearly 350,000 Delawareans Expected to Travel Over Year-End Holidays
Neary 312,000 Delawareans plan to travel 50 miles or more by car for the holidays. Jana Tidwell of AAA Mid-Atlantic tells the Talk of Delmarva’s Jake Smith …  The nearly 312,000 Delawareans (90% of local travelers) that will be hitting the road–that’s up 2.5% over last year. Gas prices have dropped to levels not…
Read MoreGas Prices Slow as Hurricane Rafael Moves through Gulf of Mexico
The national average for a gallon of gas fell 3 cents over the past week to $3.09. In Delaware the price at the pump dropped 2 cents last week to $2.95. If you drive an EV – the average cost for a Kilowatt of electricity at an L-2 commercial charging station in Delaware is 31…
Read MoreGas Prices Falling Ahead of the Labor Day Holiday
Gas prices dropped 6 cents nationally since last week to $3.37 a gallon. In Delaware the price at the pump is down 9 cents in the lat week to $3.21. Officials at AAA Mid-Atlantic say that domestic gasoline stocks fell last week, but gasoline production increased. Mild gasoline demand, steady supply and low oil costs…
Read MoreGas & Crude Oil Prices Continue to Fall
The price at the pump continues to fall. At the national level, the price of gas dropped 8 cents in the last week – dropping to $3.43 per gallon. In Delaware the price at the pump fell 9 cents last week to an average of $3.10. AAA Mid-Atlantic officials say that data from the Energy…
Read MoreGas Prices Lower – But Delaware Sees Increase
Gas prices continue to fall across the country – the national average fell 7 cents last week to $3.55 per gallon. However Delaware saw an increase of 4 cents in the last week pushing the average to $3.15 a gallon. Crude Oil also increased just over a dollar to last week at $88.75. Officials at…
Read MoreGas Prices Continue to Fall
In spite of uncertainty in the oil market since Hamas terrorists attacked Israel, oil prices have risen, but under $5 per barrel over the week from $82.79 per barrel last week to $87.69 per barrel this week. The price at the pump has continued to decline – the national average dropped 12 cents last week…
Read MoreGas Prices Slightly Higher this Week
Higher oil prices are pushing the price at the pump higher. The national average for a gallon of gasoline increased 2 cents since last week to $3.58 on Friday. In Delaware the price increased 7 cents in the last week to $3.50. AAA Mid-Atlantic says data from the Energy Information Administration shows gas demand increased…
Read MoreToday’s Delaware Gas Price Average –$1.61 Below All-Time Record High Set Last Year
Gas prices in Delaware have dropped 32% since last year, with today’s gas price average sitting at $3.38 per gallon, according to AAA. One year ago today the Delaware gas price average reached $4.99 per gallon, setting an all-time record high. Also, Delaware’s gas price average came down two cents from a week ago. Last…
Read MoreGas Prices Leaning Lower
Lower oil prices are bringing a lower price at the pump. The National average for gas dropped 6 cents last week to $3.62. The average price for regular unleaded in Delaware is at $3.46 – a drop of 8 cents in the past week. AAA Mid-Atlantic officials say demand for gasoline has increased while gasoline…
Read MoreGas Prices Hold Steady; Crude Oil Prices Plunge
While the national average for gasoline remained steady last week – at $3.45 per gallon – the global oil price took a deep dive to the low to mid $60 per barrel level – a price not seen since August of 2021! AAA Mid-Atlantic reports that the average price at the pump in Delaware was…
Read MoreGas Prices Show a Slight Drop
Since last Monday, the national average for a gallon of gasoline has dropped just a penny to $3.49. Since Thursday Delaware saw a drop in the price at the pump of 12 cents to $3.36 while Maryland has seen a drop of 5 cents $3.41 on the Shore. AAA Mid-Atlantic officials say gas demand continues…
Read MoreGas Prices Continue to Rise with the New Year
Demand for gasoline has increased – and the price at the pump has increased as well. The national average has increased 12 cents to $3.29 a gallon since the start of the new year – but is still 1 penny less than a year ago. In Delaware the price is at $3.33 – 21 cents…
Read MoreHoliday Drivers Benefiting from Lower Gas Prices
AAA Mid-Atlantic expects nearly 325,000 Delawareans to travel 50 miles or more for the holidays – an increase of 3.3% from last year. The holiday season is December 23rd to January 2nd. However with both Christmas Day and New Year’s Day falling on Sundays, travel time will be extended with people taking long weekends. Nearly…
Read MoreGas Prices Continue to Fall
Gas prices continue to fall and holiday travelers are finding better prices at the pump than earlier in the season. The national average for a gallon of gas was at $3.80 on Friday – a drop of 6 cents on the week – but still 62 cents higher than a year ago. However in mid-June…
Read MoreMd. Delegate: People Are Getting Second Jobs To Afford Gas
Two Maryland Republicans are calling for short- and longer-term solutions to ease the pain of high gas prices and fuel taxes for Marylanders.Maryland’s gas tax is set to rise by about seven cents after July 1st under a state formula. Legislative leaders, who are Democrats, have refused calls to schedule a special session.Congressman Andy Harris,…
Read MorePressure Mounts For Md. Lawmakers To Hold Special Session On Gas Tax Holiday
There are new calls for a gas tax holiday in Maryland. State Comptroller Peter Franchot, who is a Democratic candidate for Governor this year, has asked presiding officers of the U.S. Congress and Maryland General Assembly to enact federal and state gas tax holidays. President Biden supports a three-month gas tax holiday. A 30-day Maryland…
Read MoreGov. Hogan, Comptroller Franchot Call For Each Other To Act To Hold Off Md. Gas Tax Hike
Motorists in Maryland are facing a gas tax increase that would take effect July 1st, but Governor Larry Hogan said Monday that State Comptroller Peter Franchot could take action to halt the increase or minimize its impact.The Republican Governor is calling upon the Democratic Comptroller to use ‘every legal and regulatory power’ at his disposal…
Read MoreMd. Gas Tax Holiday Extension Amendment Fails To Pass
Drivers who fuel up in Maryland could face a 36-cent price hike, if the gas tax holiday is not extended past April 16th.Republicans in the House Thursday pressed their Democratic colleagues to approve a 45-day extension of the gas tax holiday that took effect last month. An amendment to do so was presented on the…
Read MoreDE Gas Prices Hit $4
Gas prices in Delaware have hit the $4 mark for the first time since 2008. In the past week Delaware gas has increased 40 cents – and 4 cents overnight to reach $4 per gallon. The national average for gas also topped the $4 mark. AAA Mid-Atlantic officials say the Russian invasion of Ukraine along…
Read MoreGas Prices Increase Nationally, but Hold Steady in Delaware
The price at the pump nationally has increased by 2 cents from a week ago to $3.16. A year ago the price was $2.20! In Delaware, the price has remained steady at $2.98. Peak summer driving season is in full-swing and gas prices are not backing down. Triple A Mid-Atlantic officials report that there is…
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