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5 Costly Mistakes Drivers Make At The Gas Pump
Sunday, March 18, 2018 - 9:23am | 477Now that oil and gasoline prices have started to creep back up, drivers are looking for any way they can to save a few cents at the pump. GasBuddy analyst Patrick DeHaan recently compiled a list of the five most common ways people waste money on gasoline. According to DeHaan, if you aren’t...
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Pains At The Pump, Gains For Oil Investors: The 2018 Gas Outlook
Thursday, January 4, 2018 - 5:04pm | 397Gas prices have been creeping higher throughout the holiday season, and the latest projections from GasBuddy suggest the trend could continue throughout 2018. Gas prices will likely be the highest this year that they have been since 2014, said GasBuddy analyst Patrick DeHaan. GasBuddy...
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As Hurricanes Blow Over, What Could Oil And Gasoline Prices Do Next?
Wednesday, September 20, 2017 - 11:50am | 720The nation continues to assess the economic and humanitarian impact of hurricanes Harvey and Irma, even as new storm clouds build on the horizon in the form of Hurricane Maria. One area where the storm’s impact appears to be receding is at the pump - the national average price for a gallon of...
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How Hurricane Harvey Has Impacted Gas Prices
Thursday, August 31, 2017 - 10:48am | 515Hurricane Harvey has triggered a unique phenomenon in the U.S. oil and gas industry. Since the devastating flooding in South Texas and Louisiana has disrupted far more crude oil refining capacity in the region than production capacity, the net result of the storm has been less crude oil being...
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How Will Harvey Impact Oil And Gasoline Prices?
Monday, August 28, 2017 - 9:28am | 481Flooding from Hurricane Harvey is devastating the Houston and Galveston areas of Texas, major hubs for U.S. oil refining. Royal Dutch Shell plc (ADR) (NYSE: RDS-A) (NYSE: RDS-B), ExxonMobil Corporation (NYSE: XOM) and other major refiners have already shut down more than 1 million barrels per day...
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Attention U.S. Drivers: State Lines Can Be Danger Zones For Gas Prices
Friday, July 28, 2017 - 10:46am | 464Summer travel season is in full swing. For U.S. vacationers on a budget, a new report from GasBuddy reveals drivers should be particularly careful when filling up near state lines. According to analyst Patrick DeHaan, there is currently a huge difference in gas prices on opposite sides of a handful...
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How Much Of A Spending Boost Are Cheap Gas Prices?
Friday, June 30, 2017 - 2:23pm | 764Gas prices, despite the historical norm of rising amid the summer driving season, is trending lower. From a consumer perspective, it is definitely good news, as it would pinch their pocket less and in turn leave them with additional disposable income. The promise it holds for consumer spending...
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Planning To Travel This Holiday Weekend? Gas Price Forecast Is Mostly Clear
Tuesday, June 27, 2017 - 1:13pm | 353Good news for everyone looking to take a road trip next weekend! Gas prices ahead of the July 4 holiday weekend are expected to be the lowest since 2005, according to GasBuddy. Motorists will pay an average of $2.21 per gallon, which is notably below the 10-year average for the July 4 holiday...
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This Might Be The Cheapest Summer At The Gas Pump In 12 Years
Friday, June 9, 2017 - 12:24pm | 468Ready for some good news ahead of the summer months? Road trips will be a bit more affordable this summer as gas prices are on track to be the cheapest since 2005, according to GasBuddy. The national average price for one gallon of gas is now cheaper on a year-over-year basis, standing at $2.35 per...
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Mondays Are In Fact Good For Something: Gas Prices Are Usually Lower
Wednesday, April 26, 2017 - 1:07pm | 694When the needle nears E, motorists begin their quest for the best gas prices. However, proximity and pricing aren't the only factors in snagging the most gas at the pump for your buck: The day of the week may also play a role. GasBuddy, a price comparison website that provides data on current...
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Motorists Spend $198 Million Daily On Gasoline Tax
Tuesday, April 18, 2017 - 1:32pm | 283Most 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 | 386Gas 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 | 366The 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 | 334This 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 | 454On 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,...