Gasoline Prices continue to Chug Higher

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Preliminary federal data shows gasoline demand down 0.5 percent through the four-week period ended Nov. 26, but gasoline prices continued to move higher. Based on the sharp gains, with several cities seeing their wholesale prices up by more than 10 cents from the previous week, the US gasoline

Higher Crude Costs Drive Uptrend in Gasoline Prices

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The U.S. average retail price for regular grade gasoline dipped 1.6 cents from a six-month high to $2.876 gallon just ahead of the Thanksgiving holiday, but are again seen moving up with an early week rally in wholesale values. Gasoline prices typically decline this time of

Wholesale Gasoline Costs Slide into Late October

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline costs slid across the country’s major metropolitan markets ahead of the final week of October, falling amid a year-on-year supply surplus and tepid demand. The decline has been limited however, displaying uncommon contra-seasonal strength despite the weak state of fundamentals, propped up by a

Retail Gasoline Prices to Ease off Five-Month High

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices across the U.S. moved lower during the second full week of October, halting a march higher in gasoline costs that started in September. The decline in wholesale gasoline costs will pressure retail gasoline prices that have been moving sharply higher during a time

Chicago Gasoline Prices Spike on Pipeline Leak

Brian L. Milne, Refined Fuels Editor, Telvent DTN Reduced driving demand following Labor Day typically presses gasoline prices lower in September. There have been exceptions, such as when supply disruptions caused by a hurricane occur, with September the peak period for storm activity in the Atlantic Basin. US drivers should brace for another run higher

Gasoline’s Seasonal Decline After Labor Day

Brian L. Milne, Refined Fuels Editor, Telvent DTN Wholesale gasoline prices were mixed for the week ending on Labor Day, as the transition from summer grade gasoline blends to the less expensive to produce winter gasoline formulas prompt different trading activity. Gasoline prices moved lower along the West Coast amid ample supply, while short covering

Nielsen Polls Customer Gas Buying Habits

As U.S. consumers prepare to hit the road for Labor Day weekend, The Nielsen Co. finds that nearly half (45%) of U.S. households are diligently seeking lower gas prices. The economy has consumers looking for cost savings across the board, even as they revert to some pre-recession habits. “Although gas prices are not as high

Retail Gasoline Prices to Edge Higher Ahead of Labor Day

By Brian L. Milne, Refined Fuels Editor, Telvent DTN After slumping to a 10-week low of $2.704 gallon on Aug. 23, the US average price for regular grade gasoline, all formulations, is poised to move higher in front of the Labor Day holiday weekend. Labor Day marks the end of the summer driving season, with

Wholesale Gains to Arrest Retail Fuel Decline

by Brian L. Milne, Refined Fuels Editor, Telvent DTN Countrywide, wholesale gasoline prices were mixed for the week-ended Monday (6/14), with markets along the West Coast down slightly while increasing elsewhere in the U.S. The higher wholesale costs were triggered by gains in the financially traded oil futures market, with supply in the physical market

Gasoline Prices Slipping into Memorial Day

By Brian L. Milne, Refined Fuels Editor, Telvent DTN Gasoline futures known as RBOB (Reformulated Blendstock for Oxygenated Blending) that trade on the New York Mercantile Exchange tumbled 35cts or 14 percent from a 19-month high reached on May 3 to May 17, capping the uptick in retail prices ahead of the unofficial kickoff to

Fuel’s Price March Higher Briefly Stalls

Brian L. Milne, Refined Fuels Editor, Telvent DTN The price strut higher in wholesale gasoline costs stalled midway through March, slowing the advance in retail prices that have surged to fresh highs earlier this month. Weekly price data from the federal government’s Energy Information Administration showed a US retail average for regular grade at $2.751

U.S. Gasoline Prices Fall

The average price of regular gasoline at U.S. filling stations declined to $2.67 a gallon as gasoline futures plunged and demand weakened, Bloomberg reported. Gasoline lost 5.8 cents in the two weeks ended Feb. 5, according to a survey ending on the same day of 5,000 filling stations nationwide by Trilby Lundberg, an independent gasoline

Gasoline Pump Prices to Continue Decline

Brian Milne, Refined Fuels Editor, Telvent DTN Retail gasoline prices across the United States will continue to decline, as the impact of tumbling wholesale costs pull pump prices lower. Since posting a 15-month high in early January, wholesale gasoline costs are down nearly 9%, while retail prices have just inched lower. That lag in the

Fuel Rising Fast

By Brian L. Milne, Refined Fuels Editor, Telvent DTN The average price for regular grade gasoline sold at retail outlets across the United States is poised to climb to a 15-month high early this week when government pricing data is released, with the Jan. 4 average reported at a $2.665 gallon two-month high. A 3-cent

Gasoline Starts New Year Moving Higher

Retail gasoline across the major metropolitan markets of the U.S. brought in the New Year with price increases, with pump prices to continue climbing during the first full week of 2010. Underpinning the advance has been a rallying financial market for crude oil and gasoline, with crude oil again above $80 per barrel and gasoline

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