Gasoline

Hurricane Isaac's Impact Seen in Latest Weekly Data

The impact of Hurricane Isaac on the U.S. petroleum industry is easily detectable in the weekly petroleum supply data for the week ending August 31, released earlier today. FULL STORY »

U.S. crude oil inventories and a tightening oil market

Global crude oil prices have increased significantly over the past two months. Since reaching a 2012 low of $89 per barrel on June 21, Brent spot prices have increased almost $25 (27 percent) to more than $113 per barrel on August 28, after reaching a high of almost $117 per barrel on August 16. FULL STORY »

Gasoline and diesel fuel prices continue to climb

The U.S. average retail price of regular gasoline increased three cents this week to $3.78 per gallon, 15 cents per gallon higher than last year at this time. FULL STORY »

An update on West Coast gasoline markets

Between August 6 and August 13, the price of retail regular grade gasoline on the West Coast (PADD 5) increased 19 cents per gallon, well above the 8-cent-per-gallon increase for the United States as a whole. FULL STORY »

Gasoline and diesel fuel prices continue to climb

The U.S. average retail price of regular gasoline increased two cents this week to $3.74 per gallon, 16 cents per gallon higher than last year at this time. FULL STORY »

Drivers of the recent rise in U.S. gasoline prices

On July 2, the average price at the pump for regular gasoline in the United States was $3.36 per gallon, the lowest level since the first week of 2012. FULL STORY »

Fuel prices push higher, U.S. retail data stronger than expected

U.S. gasoline and diesel prices continue climbing higher as stronger-than-expected retail sales data for July supports oil prices and the stock market. FULL STORY »

U.S. crude oil: Total consumption falls almost 2 percent

Total consumption fell by 340 thousand bbl/d (1.8 percent) last year. Motor gasoline consumption accounted for the bulk of that decline, shrinking by 260 thousand bbl/d. FULL STORY »

Global crude oil: Consumption expected higher in 2012, 2013

EIA expects global liquid fuels consumption growth of about 0.8 million bbl/d in 2012 and 0.9 million bbl/d in 2013. Despite downside risks to global oil demand, the spot price for Brent crude climbed back above $100 per barrel in July after prices sank below $90 per barrel in June. FULL STORY »

Gasoline and diesel fuel prices continue to increase

The U.S. average retail price of regular gasoline increased 14 cents this week to $3.65 per gallon, three cents per gallon lower than last year at this time. FULL STORY »

Ethanol issues not expected to significantly impact gas prices

In recent weeks, drought conditions have lowered the outlook for this year's corn harvest across the Midwest and raised concerns over the higher costs of fuel ethanol and satisfying the blending mandates of the Renewable Fuel Standard (RFS). FULL STORY »

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