gas prices

Good 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...

Ready 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...

When 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...

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...

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...

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...

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...

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....

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...

Natural gas prices are on a tear, following up on last week's strong advance. Prices have been higher for five straight sessions and are now at their highest level in about 22 months. The front-month natural gas futures are currently at $3.265 per million British thermal units on the NYMEX. This...

Johnson Rice analyst John Rowan doesn’t believe Hurricane Matthew will have any lasting impact on natural gas prices, which have been on fire since bottoming back in March. On Friday, Rowan told Benzinga that he’s as bullish as ever on gas prices in the wake of Matthew. Rowan explained...

Although 2016 has been expected to be a tough year for late-cycle oil & gas exposed E&Cs, Citi’s Andrew Kaplowitz expressed surprise at the magnitude of the guidance cut by Chicago Bridge & Iron Company N.V. (NYSE: CBI) for 2Q. Kaplowitz maintains a Neutral rating on the company,...

Gasoline crack spreads grew in Q2, driven by record gasoline demand and increased diesel demand. Citi’s Faisel Khan upgraded the rating on Tesoro Corporation (NYSE: TSO) from Neutral to Buy, while lowering the price target from $92.50 to $92.00, following the recent pullback in the stock....

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...

Natural gas prices have plummeted to near all-time lows in the past year due to a huge oil and gas supply glut. However, according to Reuters' oil and gas analyst John Kemp, that same supply glut is masking a surge in U.S. gas demand. U.S. power producers burned a record amount of natural gas last...