Posts Tagged ‘gas prices’
Gas 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…
Read MoreGas Prices Even Out After Refinery Fire, Face Increases from Tropical Storm
AAA Mid-Atlantic says after weeks of dramatic gas price increases across the Mid-Atlantic due to a refinery fire and other issues, there could be an uptick in the coming days and weeks as a result of Tropical Storm Barry. The national average for a gallon of regular is 2.77, up two cents in the last…
Read MoreGas Prices Higher for the Easter Holiday
Spring has sprung – and drivers are seeing no relief at the gas pumps as prices have increased by 5 cents since last week in Delaware. The national average is up 2 cents from a week ago to $2.83. In Delaware the price at the pump increased from $2.58 last week to $2.63 today. AAA…
Read MoreHere Comes Summer – Memorial Day Weekend – the 1st Big Summer Travel Weekend
Memorial Day weekend is here – and that means a LOT of people will be on the roads traveling to visit friends and family – or headed to our beaches and State Parks. AAA Mid-Atlantic says that more than 115,000 Delawareans will travel 50 miles or more over the holiday weekend – and most of…
Read MoreReinstated Iran Sanctions Helping Gas Prices Rise
Gas prices continue their upward march on Delmarva – with most prices at least 45 cents higher than this time last year. With sanctions reinstated on Iran – Triple-A Mid-Atlantic says that could mean gas prices will continue to climb deep into the summer season. They expect the price to peak around $2.97 in June…
Read MoreGas Prices Holding – for Now
The price at the pump continues to increase in some states. However in Delaware the price remained the same as a week ago – $2.76 – 48 cents a gallon higher than a year ago. Triple A Mid-Atlantic still expects the price to increase another 5 to 10 cents through Memorial Day, which is the…
Read More