The latest Energy Information Administration (EIA) data registers gasoline demand at 8.6 million b/d for the week ending December 28 – the lowest level on record since February 2017 pushing gasoline prices lower.
Heading into the final week of the year, the national average price for a gallon of gasoline is $2.44, an increase of two cents on the week.
Today's national average price for regular unleaded gasoline is $2.35 per gallon, which is flat on the week, nine cents more than one month ago, and 22 cents more than last year.
Gas prices at the pump continue to climb, with the busy Memorial Day weekend just one week away AAA reports. Details...