For much of this year, the refined fuel market has been extremely tight because of the Russian invasion in Ukraine. With prices topping out in June, we’ve been on a steady decline since then, but refineries continue to be at max capacity. Just this morning, the Department of Energy (DOE) released data that U.S. refineries […]
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At the start of today, oil prices rose after recent losses in the previous two sessions. Brent Crude rose $0.61 to $101.30 a barrel and WTI rose $0.65 to $99.18 a barrel. “With Russian oil prices set to drop as the year progresses and it runs out of Western parts to maintain fields, and with […]
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People traveling this Memorial Day weekend should expect to pay more at the pump as prices are expected to be at an all-time high. Americans will be paying on average $1.50 more per gallon of gas this year in comparison to last year. According to AAA, the national average is $4.59 a gallon. The average […]
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Fuel prices across the world are continuing to climb to record highs amid the Russian-Ukraine conflict. People across the world are experiencing the economic hardships as a result of astronomical prices and are looking for answers as to why they continue to climb. According to AAA, the average price of gas across the U.S. is […]
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