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Oil Prices

Union
News
Less Pain At The Pump: NJ Gas Prices Drop From Last Year Less Pain At The Pump: NJ Gas Prices Drop From Last Year
Less Pain At The Pump: NJ Gas Prices Drop From Last Year Filling up your gas tank in New Jersey is becoming a little easier to stomach. According to AAA, the average price for a gallon of gas in New Jersey is now $3.21 — a whole dollar per gallon cheaper than this time last year.  The AAA survey also found that gas in New Jersey is slightly cheaper than it was last week and last month. AAA said recession fears have caused oil prices to remain steady even though spring sees more motorists hitting the road. Garden State residents can brag about having gas prices cheaper than their neighbors. The average price of a gallon of gas in Connecticu…

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by Sam Barron
York
Lifestyle
Pain At The Pump: Gas Prices Spike To New Record High In Pennsylvania Pain At The Pump: Gas Prices Spike To New Record High In Pennsylvania
Pain At The Pump: Gas Prices Spike To New Record High In Pennsylvania Memorial Day travel and rising oil costs have caused the price of gas in Pennsylvania to rise to record levels with no relief in sight for motorists. On Wednesday, June 8, the cost of gas per gallon rose to an average of $5.03 statewide, the highest recorded price since AAA began tracking such figures, according to the organization. The price is up four cents overnight, 26 cents from a week ago, and 53 cents from a month ago as the demand for fuel has risen while tensions overseas have limited the available supply.  On June 8, 2021, motorists were paying an average of $3.18 per gallon in …

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by Zak Failla
Bergenfield
Lifestyle
Pain At The Pump: Gas Prices Spike To New Record High In New Jersey Pain At The Pump: Gas Prices Spike To New Record High In New Jersey
Pain At The Pump: Gas Prices Spike To New Record High In New Jersey Memorial Day travel and rising oil costs have caused the price of gas in New Jersey to rise to record levels with no relief in sight for motorists. On Wednesday, June 8, the cost of gas per gallon rose to an average of $5.03 statewide, the highest recorded price since AAA began tracking such figures, according to the organization. The price is up one cent overnight, 26 cents from a week ago, and 58 cents from a month ago as the demand for fuel has risen while tensions overseas have limited the available supply.  On June 8, 2021, motorists were paying an average of $3.06 per gallon in New …

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by Zak Failla
Calvert
Lifestyle
Pain At The Pump: Gas Prices Spike To New Record High In Maryland Pain At The Pump: Gas Prices Spike To New Record High In Maryland
Pain At The Pump: Gas Prices Spike To New Record High In Maryland Memorial Day travel and rising oil costs have caused the price of gas in Maryland to rise to record levels with no relief in sight for motorists. On Tuesday, June 7, the cost of gas per gallon rose to an average of $4.94 statewide, the highest recorded price since AAA began tracking such figures, according to the organization. The price is up nine cents overnight, 35 cents from a week ago, and 56 cents from a month ago as the demand for fuel has risen while tensions overseas have limited the available supply.  On June 7, 2021, motorists were paying an average of $3.02 per gallon. “People…

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by Zak Failla
White Plains
Lifestyle
Gas Prices Hit New Record High In New York Amid Surge In Oil Costs Gas Prices Hit New Record High In New York Amid Surge In Oil Costs
Gas Prices Hit New Record High In New York Amid Surge In Oil Costs There is no relief in sight for motorists in New York as prices at the pump continue to rise to new record highs, according to AAA. As of Monday, May 16, AAA was reporting that the average price per gallon has risen to $4.76 in New York, setting another new record after peaking at $4.52 a week prior, the previous high. Diesel gas is also on the rise, up to $6.50 as of Sunday, May 15, also a new record in New York. According to AAA, there is not expected to be any relief for drivers with Memorial Day and the busy summer driving season fast approaching. “The high cost of oil, the key ingre…

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by Zak Failla
Hampden
Lifestyle
Gas Prices Hit New Record High In Massachusetts Amid Surge In Oil Costs Gas Prices Hit New Record High In Massachusetts Amid Surge In Oil Costs
Gas Prices Hit New Record High In Massachusetts Amid Surge In Oil Costs There is no relief in sight for motorists in Massachusetts as prices at the pump continue to rise to new record highs, according to AAA. As of Monday, May 16, AAA was reporting that the average price per gallon has risen to $4.60 in Massachusetts, setting another new record after peaking at $4.39 a week prior, the previous high. Diesel gas is also on the rise, up to $6.38 as of May 16, also a new record in the Commonwealth. According to AAA, there is not expected to be any relief for drivers with Memorial Day and the busy summer driving season fast approaching. “The high cost of oil, the…

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by Zak Failla
Fairfield
Lifestyle
Gas Prices Hit New Record High In Connecticut Amid Surge In Oil Costs Gas Prices Hit New Record High In Connecticut Amid Surge In Oil Costs
Gas Prices Hit New Record High In Connecticut Amid Surge In Oil Costs There is no relief in sight for motorists in Connecticut as prices at the pump continue to rise to new record highs, according to AAA. As of Monday, May 16, AAA was reporting that the average price per gallon has risen to $4.54 in Connecticut, setting another new record after peaking at $4.32 a week prior. Diesel gas is also on the rise, up to $6.41 as of May 16, also a new record in the Nutmeg State. According to AAA, there is not expected to be any relief for drivers with Memorial Day and the busy summer driving season fast approaching. “The high cost of oil, the key ingredient in gaso…

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by Zak Failla
Essex NJ
News
Russia-Ukraine Conflict Has NJ's Gas Prices Hovering Just Below $4 Russia-Ukraine Conflict Has NJ's Gas Prices Hovering Just Below $4
Russia-Ukraine Conflict Has NJ's Gas Prices Hovering Just Below $4 Gas prices in New Jersey are skyrocketing due to Russia's invasion of Ukraine, hovering just under $4 a gallon. The national average for a gallon of regular gas shot up 11 cents to $3.72 as of Wednesday since Monday, AAA reports. Surging oil prices will likely cause the price at the pump to climb even higher, experts say. Have #gasprices spiked where you live? 🚀 😳 Yesterday alone we saw the national average price of gas rise almost 6¢/gal. — GasBuddy (@GasBuddy) March 3, 2022 West Texas Intermediate climbed to $7.19, settling at $110.60 by the end of Wednesday's formal trading session…

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by Cecilia Levine
Anne Arundel
News
Russian Invasion Of Ukraine Means Higher MD Gas Russian Invasion Of Ukraine Means Higher MD Gas
Russian Invasion Of Ukraine Means Higher MD Gas “Pain at the pump,” was a concern reporters pushed President Biden on during a press conference about the Russian invasion of Ukraine on Thursday. Although Biden urged the energy sector to not move prices, experts say the US is already feeling the pinch since tensions began to escalate between the two nations. “Any disruptions to oil flows from Russia in a context of low spare capacity in other regions could easily send oil prices to $120 (a barrel),” Natasha Kaneva, JPMorgan’s head of global commodities strategy, wrote in a report published earlier in February. Gas prices had already t…

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by Jillian Pikora
Cumberland Salem
News
Russian Invasion Of Ukraine Means Higher NJ Gas Prices Russian Invasion Of Ukraine Means Higher NJ Gas Prices
Russian Invasion Of Ukraine Means Higher NJ Gas Prices “Pain at the pump,” was a concern reporters pushed President Biden on during a press conference about the Russian invasion of Ukraine on Thursday. Although Biden urged the energy sector to not move prices, experts say the US is already feeling the pinch since tensions began to escalate between the two nations. “Any disruptions to oil flows from Russia in a context of low spare capacity in other regions could easily send oil prices to $120 (a barrel),” Natasha Kaneva, JPMorgan’s head of global commodities strategy, wrote in a report published earlier in February. Gas prices had already t…

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by Jillian Pikora
Adams
News
Russian Invasion Of Ukraine Means Higher PA Gas Prices Russian Invasion Of Ukraine Means Higher PA Gas Prices
Russian Invasion Of Ukraine Means Higher PA Gas Prices “Pain at the pump,” was a concern reporters pushed President Biden on during a press conference about the Russian invasion of Ukraine on Thursday. Although Biden urged the energy sector to not move prices, experts say the US is already feeling the pinch since tensions began to escalate between the two nations. “Any disruptions to oil flows from Russia in a context of low spare capacity in other regions could easily send oil prices to $120 (a barrel),” Natasha Kaneva, JPMorgan’s head of global commodities strategy, wrote in a report published earlier in February. Gas prices had already t…

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by Jillian Pikora
Stamford
Business
Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost
Gas Demand Hits Lowest Level in Nearly Two Years, Lowering Cost Prices at the pump continue to plummet for motorists, as the gasoline demand hits its lowest level in nearly two years, AAA announced. Nationally, the average motorist is paying $2.23 per gallon, down from $2.49 a year ago and down 19 cents from a month ago. The price drop comes despite a record number of travelers throughout the country during the holiday season. According to AAA, the average price per gallon has dropped each week for more than three months. Officials cited supply and demand for the decreasing prices. “As the global crude market continues to be oversupplied, oil prices ar…

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by Zak Failla