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NewsFebruary 14, 2012

Regional Oil Prices Driving Up Gasoline Costs in Different Parts of U.S.

WASHINGTON - AAA said that areas in the center of the U.S. that use gasoline from refineries with access to less expensive crude oil are seeing prices hold steady or even drop. But areas with more expensive crude prices are seeing gas prices rise.

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NewsFebruary 7, 2012

New Reports Say Gas and Diesel Prices Will Continue to Climb into Spring

SOUTH PORTLAND, ME and WASHINGTON - New reports from Wright Express and the U.S. Energy Information Administration say gas prices are likely to fall between $3.50 and $3.75 in early spring.

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NewsFebruary 2, 2012

AAA Fuel Report Shows Gas Prices Inching Up Despite Steady Oil Prices

WASHINGTON – A new report on gas and oil prices from AAA explains that although oil prices remain steady, around $100 per barrel, gasoline prices are moving up due to refinery shutdowns in the U.S. and Europe.

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NewsJanuary 19, 2012

AAA Finds That Despite Low Demand, Oil Prices Are Keeping Gas Prices High

WASHINGTON - AAA found that the average retail price of a gallon of gasoline is up 15 cents from last month and 28 cents more expensive than during this same period in 2011.

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NewsDecember 29, 2011

AAA Says Blended Gas Prices Could Rise Due to Expiring Ethanol Tax Credit

ORLANDO, FL - The expiration of the current tax credit will result in an increase of about four cents in the price of a gallon of E10 gasoline and about 40 cents in the price of a gallon of E85, according to AAA.

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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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NewsJune 23, 2011

IEA Members to Release 60M Barrels of Oil to Address Shortfall

PARIS - The IEA said its governing board will review the effect of this release of oil reserves on the market 30 days from the date of its announcement (June 23).

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NewsJune 9, 2011

EIA Report Says Oil Market to Tighten in Coming Months

WASHINGTON - Even though retail gasoline prices, and oil prices, have fallen, there are a number of global factors that could lead to higher prices during the rest of the year.

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NewsMay 30, 2011

Goldman, J.P. Morgan, and Morgan Stanley Forecast Higher Oil Prices

TORRANCE, CA - A number of recent news reports cited statements from Goldman Sachs, J.P. Morgan, and Morgan Stanley all forecasting higher prices for crude oil.

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NewsFebruary 25, 2011

Gas Prices Hit $3.31 Average Due to Middle East Unrest

TORRANCE, CA – Oil and gas prices are on the rise, caused by fears of supply disruption due to unrest in the Middle East. OPEC has informally agreed to increase output to allay supply concerns.

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