trends in gasoline prices
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Weekly global fuel prices review (April 2, 2017) The world average diesel price also went up by a cent. On a regional level, the European average gasoline price was 1.34 USD per liter, marking an increase of 0.9%. Gasoline prices also went up by 3.5% in Canada and by 1.6% in Australia and increased by less than 1% in the USA, Asia, and South America. In Africa, the regional average gasoline price decreased by 0.4%. Looking at individual countries, the gasoline price changes varied from -2.8% (Kenya) to 3.7% (Malaysia).
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- 1 However, as of July 15, PADD 3 gasoline prices had risen 15 cents from the previous week, up 24 cents per gallon compared to the same time a year ago. 2  By July 29, prices rose to average $3.48 per gallon, 17 cents above the same week in 2012. Average gasoline prices were down 7 cents per gallon during the first half of 2013 compared to the same period in 2012, but as of July 29 they were 15 cents above their year-ago level. 2  However, 2013 average prices through July were 5 cents below the same period a year ago.
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Posts Tagged âMemorial Day Travel Forecastâ 1 Average U.S. gas prices have dropped about 37 cents per gallon since hitting a 2015 peak price of $2.80 on June 15. 2  Average gas prices have dropped due to lower crude oil costs and abundant petroleum supplies. 3  Gas prices averaged $2.60 per gallon in August, which was the lowest average for the month since 2005.
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Posts Tagged âMemorial Day Travel Forecastâ (WASHINGTON, August 10, 2015) The national average price for regular unleaded gasoline has fallen for 26 consecutive days, reaching today’s average of $2.59 per gallon. This is the longest streak of consecutive declines since January, and pump prices have moved lower by 19 cents per gallon over this period. “Barring any major supply disruptions, the national average could even test the $2 per gallon benchmark before the end of the year for the first time since 2009.”. 2  Today’s national average price of gas is $2.29 per gallon, which is the cheapest average for this time of year since 2004.
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- 1 U.S. regular gasoline monthly retail prices averaged $2.37/gallon (gal) in September, a decrease of 27 cents/gal from August and $1.04/gal lower than in September 2014. 2  EIA expects monthly gasoline prices to decline to an average of $2.03/gal in December 2015.
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Get Used to Gas Prices Under $3 Per Gallon A new government report is forecasting that the average price for a gallon of regular gasoline in 2015 will be $2.94. It seemed like quite a big deal when the national average for gasoline dipped under $3 recently.he report projects that gas prices will keep declining through the end of the year, with a national average of $2.80 expected for December. And the average for 2015 as a whole is being forecast at $2.94 per gallon.
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Posts Tagged âMemorial Day Travel Forecastâ (WASHINGTON, August 10, 2015) The national average price for regular unleaded gasoline has fallen for 26 consecutive days, reaching today’s average of $2.59 per gallon. This is the longest streak of consecutive declines since January, and pump prices have moved lower by 19 cents per gallon over this period. The national average price of gas in September was $2.34 per gallon, which was the lowest monthly average since February 2015. 2  By comparison, the average price of gas in September 2014 was $3.39 per gallon.
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- In June 2013, the average price of gasoline (unleaded regular) for all cities in the United States was $3.63 per gallon.Urban areas in the West region had the highest average price of gasoline at $3.86 per gallon, followed closely by the Midwest region at $3.84.1  Chart Image.2  Chart Data.orth, Texas, had average gasoline prices of $3.46 and $3.44 per gallon, respectively. The average price of gasoline in urban areas in the South region—where the Atlanta and Dallas metropolitan areas are located—was $3.37 per gallon, the lowest price among the four regions.
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- U.S. average retail gasoline and diesel fuel prices decrease. The U.S. average retail price of regular gasoline decreased one cent from the previous week to $2.32 per gallon on September 28, 2015, $1.03 per gallon lower than at the same time last year.
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Americans Saved $14 Billion on Gasoline this Year 1 The national average price of gas in December was $2.51 per gallon, which was the lowest monthly average since May 2009. 2  The average in December 2013 was $3.26 per gallon. 3  Consumers this month spent about $215 million per day less on gasoline compared to December 2013. The annual average price of gasoline in 2014 was $3.34 per gallon, which was about 15 cents less than last year’s annual average of $3.49 per gallon.
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EIA Cuts 2015 Average Price for a Barrel of Brent Crude Oil The agency also forecasts monthly average gasoline prices to decline from May levels and to average $2.43 per gallon of regular gasoline for the second half of 2015. For the full year, the EIA expects an average price of $2.44 a gallon, a penny a gallon higher than last month’s estimate.For 2016, EIA estimates gasoline to cost $2.55 a gallon, down eight cents compared with last month’s estimate. U.S. crude oil production averaged an estimated 9.6 million barrels a day in May.or the full year, the EIA expects an average price of $2.44 a gallon, a penny a gallon higher than last month’s estimate. For 2016, EIA estimates gasoline to cost $2.55 a gallon, down eight cents compared with last month’s estimate. U.S. crude oil production averaged an estimated 9.6 million barrels a day in May.
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- The average price of a gallon of on-highway diesel fuel showed only a slight fluctuation for the week, barely extending a 12-week streak of falling prices, while gasoline prices in the Midwest spiked 30 cents due to a recent refinery shutdown.
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- In 2015 gas was cheaper than 2014, will be cheaper in 2016. AAA reports that Americans paid an average of $2.40 per gallon of gasoline in 2015, which is 94 cents lower than last year - but not as low as the projections for next year.
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- Gasoline prices in Miami peaked earlier in the year during April, which is typical for that city. Average prices along the East Coast moved within a range between $2.44/gal and $3.71/gal over the course of the year.Midwest (Chicago and Cleveland).n all weeks of 2014, retail gasoline prices in Houston were the lowest of the ten cities for which EIA collects data. Houston prices ranged from a high of $3.47/gal in late April to a low of $2.13/gal on December 29.
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Diesel Prices in 2015 Expected to be Far Less Expensive U.S. regular gasoline retail prices are projected to continue declining for the remainder of the year, averaging $2.61 per gallon in December. The DOE expects prices, which averaged $3.51 in 2013, to average $3.37 in 2014 and $2.60 in 2015.The new 2015 forecast is 35 cents lower than one a month earlier while these prices compares to national average this week of $2.679.he DOE expects prices, which averaged $3.51 in 2013, to average $3.37 in 2014 and $2.60 in 2015. The new 2015 forecast is 35 cents lower than one a month earlier while these prices compares to national average this week of $2.679.
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Prices & Trends Home » Energy Economy » Prices & Trends. The prices of gasoline, coal, renewables and other fuels change rapidly, and are critical data points for citizens and industry professionals alike. Business people and consumers are often best equipped to make decisions if they have current price trend information. The Department of Energy’s sub-agency, the Energy Information Administration (EIA), collects and disseminates energy data on a daily basis so that anyone interested can get the information they need.
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- On average, US drivers consume 1.49 US gallons (5.6 L) of gasoline per day, or about 10.44 US gallons (39.5 L) per week. As of March 2013, the average price for 87 octane gasoline was $3.22 a US gallon (85¢/L).etween 2004 and 2008, there was an increase in fuel costs due in large part to a worldwide increase in demand for crude oil. Prices leapt from $35 to $140 per barrel ($220 to $880/m 3), causing a corresponding increase in gas prices.
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- 1 Average U.S. gas prices have declined about 52 cents per gallon since hitting a 2015 peak price of $2.80 per gallon on June 15. 2  The national average declined 26 out of 30 days in September for a total savings of 19 cents per gallon.
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Americans Saved $14 Billion on Gasoline this Year 1 The average price of gas has dropped below $2.00 per gallon in four states for the first time since 2009: Missouri ($1.897), Oklahoma ($1.959), Ohio ($1.988) and Indiana ($1.999). 2  Seven additional states have average prices within a dime of that mark.
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2013 Gas Price Forecast: Around $4 Per Gallon by Spring The current national average for a gallon of regular gasoline is $3.30. Drivers shouldn’t expect prices to get cheaper at any point in 2013. That’s according to the analysts at GasBuddy, who have just released a forecast for gas prices throughout 2013, which include month-by-month projections.MORE: Fast Food: Spreading Like the Blob). In 2013, drivers can again expect gas prices to spike in the springtime, according to GasBuddy, and an average of $3.95 per gallon expected in April and $3.85 forecast for May.
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- 1 The national average price of gas in September was $2.34 per gallon, which was the lowest monthly average since February 2015. 2  By comparison, the average price of gas in September 2014 was $3.39 per gallon. Today’s national average price of gas is $2.44 per gallon, which is 99 cents per gallon less than a year ago. 2  U.S. consumers should save more than $1 billion on gasoline over the holiday weekend compared to 2014, with many drivers saving about $15-$25 on every trip to the gas station.
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- Gasoline Prices in Germany decreased to 1.44 USD/Liter in March from 1.46 USD/Liter in February of 2017. Gasoline Prices in Germany averaged 1.54 USD/Liter from 1995 until 2017, reaching an all time high of 2.14 USD/Liter in March of 2013 and a record low of 0.91 USD/Liter in December of 2000. 1Y 5Y 10Y MAX.
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Posts Tagged âgas pricesâ Gas Prices Reach 2017 High. Today’s national average price for a gallon of regular unleaded gasoline is $2.41. This price is two cents more expensive than one week ago, 12 cents more than one month ago and 30 cents more than one year ago. The national average is at its…Read more ».
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- For the second straight week, the national average price of gasoline has declined, falling 5.4 cents to $2.51 per gallon today while diesel slid 3 cents to $2.95 on average according to GasBuddy data on 135,000 gas stations nationwide.
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Gasoline and diesel usage and pricing In March 2005, Indonesia increased the price of gasoline and diesel by 29%, causing widespread protests. The price of gasoline was raised from Rp (US$0.20) per litre to Rp 2,400 (US$0.25) per litre, while diesel rose from Rp 1,650 (US$0
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- In the mid 1990s, the price elasticity for gasoline was higher, around -0.08, meaning it only took a 12% decrease in the price of gasoline to raise automobile travel by 1%.he U.S. average retail price per gallon of regular motor gasoline has fallen 28% from its 2014 peak of $3.70 per gallon on June 23, to $2.68 per gallon on December 8. However, this price decline may not have much effect on automobile travel, and in turn, gasoline consumption.