Retail Gasoline Prices Falling

After a volatile year for consumers at the pump, gasoline prices are now lower than they were at this time last year.  According to AAA, the price per unleaded gallon was $3.329 last week, below the $3.343 per gallon price a year ago.  The national average could drop to below $3 per gallon by Christmas, […]

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Diesel Price Premium Hits All-Time High Over Gas, Crude Oil

Reduced refining capacity combined with weather and geopolitical intrigue have eroded diesel stockpiles in the United States to noteworthy lows. Between the years of 2017 and 2021, the U.S. averaged 34 days of distillate supply, compared to just 25 days as of October 2022. Accordingly, while the price of gasoline has increased roughly 14% this […]

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Will There Be a Relief in Diesel Prices?

The Energy Information Administration (EIA) just released that the U.S. national average diesel price at the pump is $5.623/gallon. Is there any relief in sight? Let’s digest some data and assess. The Department of Energy’s (DOE) petroleum report revealed last week that U.S. distillate inventories are at their lowest level in 30 years; 104.9 million […]

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Putting a damper on holiday travel

Ohio has been a hot topic over the last few weeks with two major refineries shutting down simultaneously for preventative maintenance.  Marathon and Husky have started their upkeep and maintenance season which would be expected to last from November, possibly into December.   Not only are fuel prices at a multiyear high, but in some areas, […]

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