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Motorists Spend $198 Million Daily On Gasoline Tax
Tuesday, April 18, 2017 - 1:32pm | 283Read More...Most people assume that April 15 is "Tax Day," but the sad reality is every day is tax day, at least according to GasBuddy. GasBuddy's senior petroleum analyst Patrick DeHaan stated in a press release that the average American will spend $297 on gasoline taxes this year. This tax is often forgotten...
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Analyst: So Long, Cheap(er) Gas Prices
Monday, April 10, 2017 - 8:07am | 386Read More...Gas prices bottomed near November of 2015 when the national average dipped below $2 per gallon. While the price of gas has since rebounded, it is still cheaper compared to 2008 when a gas crisis pushed the average price of gas above $4 per gallon. Consumers looking to take advantage of the cheaper...
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Following U.S. Missile Strike On Syrian Airfield, The Price Of Oil Surges
Friday, April 7, 2017 - 7:22am | 366Read More...The price of oil was trading higher by more than 2 percent Friday morning in reaction to President Donald Trump's ordering of a missile strike against a Syrian airbase believed to have been used to facilitate a chemical attack against civilians. U.S. West Texas Intermediate (WTI) crude futures rose...
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Despite Low Gas Prices, Americans Are Overpaying At The Pump
Wednesday, March 29, 2017 - 2:05pm | 334Read More...This week, GasBuddy reported that the U.S. national average gas price dropped for the third consecutive week this week, reaching $2.28/gal on Monday. While U.S. drivers are certainly cheering lower prices, GasBuddy has found that lower gas prices actually increase the chances of overpaying at the...
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Trump's Keystone XL Pipeline Approval Will Impact Crude Oil Spreads, Boost Canadian Economy
Friday, March 24, 2017 - 11:21am | 454Read More...On Friday, President Donald Trump signed a permit to allow the construction of the controversial Keystone XL pipeline. Fuel price-tracker GasBuddy has been tracking the Keystone controversy for the last several years. “While the impact on gasoline prices may not be immediately known or felt,...
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Drivers Beware: Experts Say Gas Prices Just Hit A Bottom
Wednesday, February 15, 2017 - 12:09pm | 432Read More...Fill up your tanks while you can. According to a new report by GasBuddy, low gas prices may soon be in the rearview mirror for American drivers. GasBuddy believes refinery maintenance season and a switch to summer blends will soon send gasoline prices soaring to their highest levels of the year....
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Here's How Gas Prices Have Looked On The Last 5 Inauguration Days
Friday, January 20, 2017 - 1:41pm | 284Read More...With President Donald Trump having officially taken office, Friday’s event will mark the first Inauguration Day since 2001 on which Americans are paying less at the pump than they were on the previous Inauguration Day. According to GasBuddy, the national average gas price currently sits at $2...
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As Average Price Reaches $2.49 This Year, Drivers Will See Highest Gas Prices Since 2014
Wednesday, January 4, 2017 - 10:59am | 357Read More...The OPEC production cut agreement capped off a constructive year for the global oil & gas industry in 2016. After dipping below $30/bbl in early 2016, WTI crude oil prices now seem to be stabilizing above $50/bbl. That’s certainly good news for American oil & gas industry workers....
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Gratefulness Multiplies As Thanksgiving Gas Prices To Ease To Third Lowest In Decade
Monday, November 21, 2016 - 9:54am | 639Read More...There might be cheer for those who are preparing to be on the road for Thanksgiving. Gas prices may pinch their pockets less this year, leaving them with more disposable income to splurge on spending related to the occasion. Adding To Consumer Cheer This is an added premium over the better...
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U.S. Drivers Will Enjoy Cheapest Labor Day Gasoline In 12 Years
Tuesday, August 30, 2016 - 2:42pm | 402Read More...Drivers will be enjoying the cheapest gas this Labor Day weekend than they have in 12 years. According to a new report by GasBuddy, motorists have saved $18.9 billion at the pump this summer compared to last summer. Gas prices have been ticking higher in recent weeks, but they will still fall well...
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How Affordable Is U.S. Gasoline Compared To The Rest Of The World?
Monday, July 18, 2016 - 1:28pm | 370Read More...According to GasBuddy, the average price for a gallon of gas in the United States is currently about $2.20/gallon. However, Americans who have taken summer vacations know that prices can vary significantly depending on location. For example, the average gas price in South Carolina is only $1.87/gal...
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July 4th Gas Prices Will Be The Cheapest In 11 Years
Wednesday, June 29, 2016 - 3:47pm | 269Read More..."Fill 'er up!" That’s likely to be the phrase on many American lips this holiday weekend, as Time’s Money Magazine reports gas will be super cheap in time for Independence Day weekend. The current average across the country is $2.29 per gallon, 17 percent less than a...
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GasBuddy: Costco Sells The Cheapest Gasoline In The Country
Wednesday, January 20, 2016 - 12:26pm | 560Read More...With motorists expected to spend $17 billion less at the pump in 2016 compared to 2015, GasBuddy’s 2016 Fuel Price Outlook virtually guarantees that $3.00 a gallon gasoline is a thing of past – at least for the foreseeable future. With a predicted U.S. national average of $2.28 per...
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Holiday Gasoline Prices Lowest Since 2008
Wednesday, December 23, 2015 - 7:32am | 550Read More..."It's beginning to look a lot like Christmas...in 2008!" said Patrick DeHaan, senior petroleum analyst at GasBuddy, a community-based gas price comparison service. Referring to GasBuddy's projection that consumers will rack up close to $1.6 billion in savings this year as...
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Happy 'Tanksgiving'! Lowest Gas Prices Since 2009 To Come This Week
Monday, November 23, 2015 - 1:37pm | 403Read More...Gas prices are expected to dip below $2 per gallon on average in time for Thanksgiving. Currently, the national average per gallon of gas is $2.072, but nearly 60 percent of all U.S. gas stations are selling gas for less than $2 per gallon. Patrick DeHaan, GasBuddy's senior petroleum analyst,...
