Posts Tagged ‘gas prices’
Gas & 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…
Read MoreGas Prices on the Rise Temporarily
Gas prices are on the rise thanks to the release of the coronavirus vaccine and a jump in demand ahead of the holidays. Gas demand increased last week and supplies tightened amid lower refinery utilization. The National average for a gallon of regular gas increased by 6 cents to $2.21. In Delaware the price at…
Read MoreWhy Did Del. Gas Prices Increase Last Week?
Delaware gas prices are up about nine cents per gallon in the past week, while the price at the pumps in surrounding states remains relatively flat. AAA Mid-Atlantic says a decrease in east coast inventories and a very brief interruption of the Colonial Pipeline due to hurricane Delta may be factors. The average price of…
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 MoreNational Pump Price for Regular Drops to $1.99 per Gallon, Cheapest Average in Four Years
The national average for a gallon of regular gasoline dropped below $2 per gallon for the first time in four years. Today’s national gas price average is $1.99, and in Delaware, the average is $1.91. AAA expects gas prices to push cheaper by at least another quarter in April. The decline is due to COVID-19’s…
Read MoreDelaware gas prices lowest in over a year
Delaware gas prices have dropped to their lowest point in over a year. The average price for gas across Delaware is as low as it has been since January of 2019, at $2.08 cents for a gallon of regular unleaded. Gas nationally and here in Delaware has been trending downward since the beginning of the…
Read MoreSpike in Holiday Traffic Brings Increase in Gas Prices
A spike in driving travel over the holidays has resulted in higher prices at the pumps both nationally and regionally. The national average for unleaded gas increased three cents to $2.58 on Friday. In Delaware the price at the pump jumped 4 cents to $2.38 a gallon. Officials at AAA Mid-Atlantic are watching the situation…
Read MoreGas Prices Continue to Drop Ahead of the Holidays
The national average for a gallon of gas is at $2.56 – down 2 cents in the past week. According to AAA-Mid-Atlantic, the price at the pump dropped 3 cents in Delaware to $2.31. The Energy Information Administration expects crude oil prices will be lower on average in 2020 than this year because of forecast…
Read MoreGas Prices Continue to Fall
Gas prices continue to fall – the national average fell 2 cents in the past week to $2.64 – and the average price in Delaware is down 7 cents on the week to $2.31. Triple A Mid-Atlantic officials say healthy gasoline stock levels and stable oil prices are helping to keep prices cheaper. However, several…
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