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Tag Archives: Trump mis-administration Iranian war
U.S. Fuel Prices Climbing. Up 28 Cents in a Week!
Fuel prices at the pump continued to climb by 28 cents since last week, according to a report released by AAA today.* With the Spring equinox ushering in warmer weather and more time on the road, gas prices are trending upward alongside seasonal demand. The Trump Administration Iranian war is clearly in play.
“Last week’s announcement by the White House to release 172 million barrels of oil from the U.S. strategic reserves over four months has no immediate relief on the oil market as the price of a barrel of crude continues to climb,” AAA said. “According to new data from the Energy Information Administration (EIA), gasoline demand decreased last week from 9.24 million barrels a day to 8.72 million. Total domestic gasoline supply decreased from 249.5 million barrels to 244.0 million. Gasoline production also decreased last week, averaging 9.4 million barrels per day. Continue reading
Posted in auto news, customer satisfaction, economy, electric vehicles, energy, news, news analysis, prices, Trump Truth Tests
Tagged aaa, auto industry commentary, AutoInformed news, autoinformed.com, automotive blog, Automotive news and analysis, fuel prices, Ken Zino of AutoInformed, Ken Zino of AutoInformed.com writing as AutoCrat, Trump mis-administration Iranian war, X @KenAutoinformed
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AAA – National Gasoline Prices Hit Four Year High!
Today’s average of $4.08 is ten cents higher than last week and $1.08 higher than a month ago. Crude oil prices have been surging, surpassing $100/barrel, as the conflict in the Middle East continues and the Strait of Hormuz remains closed. In 2022, gas prices remained elevated from March through August, peaking in June when the national average reached a record of $5/gallon for one week,” AAA said. Continue reading →