U.S. Gasoline Prices Are on the Rise Again
After showing a steady decline for the past three months, gasoline prices in the U.S. are on the rise again. According to data compiled by American Automobile Association (AAA), the national average gas price has increased by 11 cents since the start of the...
European Gas Slumps as Storage Levels Increase
European gas prices fell the most since April, with Dutch front-month futures plummeting by 16%. This news comes as Germany announced that its gas stores had been filled up quicker than expected, with its October target of 85% expected to already be met next...
Germany to Reduce Gas Sales Tax in Effort to Provide Consumer Relief
German Chancellor Olaf Scholz announced on Thursday that Germany will be lowering the sales tax on gas by 7%. The reduction is expected to apply through 2024.
This move comes as the German government seeks to curb the energy costs faced by consumers, particularly as...
U.S. Gasoline Drops Beneath $4 For The First Time Since March
The national average price of fuel in the U.S. dropped to $3.990 a gallon on Thursday, the American Automobile Association reported. This marks the first occasion on which the price of retail gas has dropped below $4 per gallon since March, thus providing drivers...
Experts Predict Gas Will Dip Under $4 Per Gallon by October
There is finally some good news for drivers in the United States. According to several experts surveyed by Yahoo Finance, gasoline prices across the nation should dip under $4 per gallon by October.
GasBuddy's head of petroleum analysis Patrick De Haan believes the trend of...
U.S. Gasoline Prices Record the Biggest Daily Drop Since 2008
You might have noticed that your gasoline bill is still high. But perhaps not as high as it was in the past several weeks. This is because U.S. gas prices are on a faster downward trajectory than predicted.
The average gasoline price across the nation...