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NewsMarch 1, 2012

Rising Oil Prices and Speculation Driving Recent Rapid Increase in Fuel Prices

WASHINGTON – Oil and gasoline prices have risen dramatically during the last month, with a mix of geopolitical pressures and speculation as the primary factors, based on information from AAA and the U.S. Energy Information Administration.

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NewsFebruary 21, 2012

Euro Zone Debt Concerns and Iran Tensions Push Oil, Gasoline Prices Upward

WASHINGTON – According to the AAA, crude oil prices and, consequently, gasoline prices edged higher due, in part, to the ongoing Euro Zone debt concerns and geopolitical tensions with Iran.

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NewsDecember 8, 2011

AAA’s Fuel Report Shows Oil and Gasoline Prices Moving in Opposite Directions

WASHINGTON - Crude oil prices have gone from $75.67 per barrel on October 4 to $100.99 in the second week (Dec. 5 through 9) in December while retail gasoline prices have dropped 15 cents during this same period.

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NewsDecember 5, 2011

Gas Prices Drop to Lowest Point in 10 Months, Headed Downward

PORTLAND, ME – The national average retail price for gasoline has fallen to its lowest point in more than 10 months, to $3.27 per gallon, according to a new report from Wright Express (WEX).

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NewsNovember 10, 2011

EIA Short-Term Forecast Projects Lower Gas and Diesel Prices in 2012

WASHINGTON – The U.S. Energy Information Administration issued its short-term energy outlook earlier this week, projecting the price of oil, gasoline, and diesel through the end of the year and into next year.

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NewsNovember 4, 2011

Gasoline Prices Dropping at Retail But Diesel Trending Upward

SOUTH PORTLAND, ME - With weak demand for gasoline, Wright Express said experts expect retail gasoline prices to drop. Diesel prices are likely to rise, though.

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