Latest Gasoline retail News

Average US gasoline price falls 45 cents to $4.10 per gallon

Aug. 14, 2022 17:18 PM EDT

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the continued decline comes as crude oil costs also remain low. ...

Gas prices below $4 per gallon for first time since March

Aug. 13, 2022 10:30 AM EDT

TRENTON, N.J. (AP) — Gas prices have dropped below $4 a gallon on average across the nation for the first time since early March as lower crude oil prices helped offset an increase in demand, analysts said. AAA Mid-Atlantic says the average price of a gallon of regular gas in New...

EXPLAINER: How is inflation affecting commuting costs?

Aug. 12, 2022 12:20 PM EDT

NEW YORK (AP) — Gas prices have fallen from the record highs they reached earlier this summer, but they're still much higher than a year ago. And with inflation driving up the cost of pretty much everything else, finding the funds to cover your commute may be increasingly tricky. ...

Explainer: Why gas prices are falling

Aug. 11, 2022 18:29 PM EDT

U.S. consumers are breathing a bit easier now that gasoline prices have come down from record levels, but pump prices are still high, and the two-month slide could be nearing an end. The nationwide average price for a gallon of gas dropped to $3.99 on Thursday, according to AAA....

Gas prices dip just below $4 for the first time in 5 months

Aug. 11, 2022 18:26 PM EDT

DALLAS (AP) — Gasoline prices have dipped under $4 for the first time in more than five months — good news for consumers who are struggling with high prices for many other essentials. AAA said the national average for a gallon of regular was $3.99 on Thursday, down from the...

Gas prices drop again in NJ, around nation amid low demand

Aug. 06, 2022 09:19 AM EDT

TRENTON, N.J. (AP) — Gas prices dropped again in New Jersey and around the nation amid continued low demand and further declines in crude oil prices. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $4.33, down eight cents from last...

White House: Falling gas prices mean more than OPEC numbers

Aug. 03, 2022 17:36 PM EDT

WASHINGTON (AP) — President Joe Biden traveled to Saudi Arabia last month on the possibility that he could get some additional oil production out of OPEC+ in coming weeks, but the cartel and other nations announced a scant increase Wednesday. The White House responded by stressing...

Governor suspends Georgia gas taxes through mid-September

Aug. 03, 2022 11:20 AM EDT

ATLANTA (AP) — Georgia's governor is extending the suspension of the state's motor fuel tax through Sept. 12. Gov. Brian Kemp on Wednesday signed an executive order extending the suspension for a third time. The order also suspends the state sales tax on train locomotive fuel. ...

Another double-digit decline in gas prices in NJ, around USA

Jul. 30, 2022 09:47 AM EDT

TRENTON, N.J. (AP) — Gas prices posted another double-digit drop in New Jersey and around the nation amid low demand and oil prices that remain in the mid-$90s per barrel. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $4.41, down 10...

Average US gasoline price falls 32 cents to $4.54 per gallon

Jul. 24, 2022 13:51 PM EDT

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline plunged 32 cents over the past two weeks to $4.54 per gallon. Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the continued decline comes as crude oil costs also fall. ...