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MMbtu in fourth-quarter 2007. High product prices suppressed demand during the second half of last year. The average pump price for all formulas of unleaded gasoline in the US reached as high as $4.165/gal in the first week of July 2008, and
margins and currently projects spot prices at $2.94[/gal] by Labor Day. This translates to a national average pump price of about $3.70/gal for regular unleaded," Brown and Thies said. Contact Nick Snow at firstname.lastname@example.org.
image Regular unleaded pump prices in 2007 increased 7% from a year earlier, according to BLS figures. In 2006, the pump price for regular unleaded fuel rose 13% from a year earlier. Following springtime maintenance, inventories of gasoline will
Inventories of motor gasoline finished the first half near the midpoint of the 5-year range. OGJ forecasts that the pump price for all types of gasoline in the US will average $3.67/gal this year, including taxes of 43.6¢/gal. Retail
margins and currently projects spot prices at $2.94[/gal] by Labor Day. This translates to a national average pump price of about $3.70/gal for regular unleaded,” Brown and Thies said.
and local taxes, 20%. In that same month, the retail price of diesel averaged $2.49/gal. Contributors to that pump price included crude, 49%; refining, 18%; distribution and marketing, 12%; and taxes, 21%, EIA reported. The absence of good data on true supplies
gasoline prices have declined. OGJ forecasts that the pump price for all types of motor gasoline in the US will average $2.30/gal this year. Last year the pump price of regular and premium unleaded gasoline averaged
million b/d. Gasoline prices last year dipped to average $2.35/gal after peaking in 2008 with an annual average pump price for unleaded gasoline of $3.26/gal. OGJ forecasts that a small increase in business travel this year will boost
consumption in 2008, and a poll commissioned by UFIP seems to point to their continuing to do so despite low prices at the pump . Price , demand changes Soaring oil prices in spring 2008 changed the behavior of drivers. Consumption remained stable until
bbl in 1997 and $20.31/bbl in 1996. The average pump price for unleaded gasoline dropped to $1.057/gal from ..... in fuel consumption. Last year the estimated average pump price for unleaded motor gasoline fell to $1.057/gal from