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Gasbuddy

All articles tagged with #gasbuddy

Diesel spike prompts shortage chatter, but data show no nationwide squeeze
business18 days ago

Diesel spike prompts shortage chatter, but data show no nationwide squeeze

Rumors of diesel shortages surged as California pumps appeared at 9.99 and reports circulated of stations running dry. However, industry data and analysts say outages are localized, not widespread. Prices are climbing, driven by higher demand and supply constraints among smaller distributors, while large buyers stock up. Experts like GasBuddy’s Patrick DeHaan and outlets such as Newsweek have reviewed the evidence, concluding there’s no national diesel shortage for now, though the situation remains financially painful for consumers and businesses alike, with EVs and solar repeatedly pitched as mitigation.

via Electrek|
#business#diesel#energy-market
California Gas Prices to Dip as Winter Blend Debut Brings Relief
business18 days ago

California Gas Prices to Dip as Winter Blend Debut Brings Relief

California’s average gas price hovered around $6.08 per gallon after a sharp week-long jump, with Bay Area prices climbing more than 20 cents. Experts say the switch from summer- to winter-blend gasoline by late October could trim prices by about 10–30 cents per gallon, though further moves depend on Middle East tensions. Diesel has surged to a record about $8.35 per gallon, with higher transportation costs potentially raising retail prices ahead of the holidays.

via New York Post|
#business#california#diesel
Bay Area diesel tops $9.999 a gallon at three stations, signaling a CA price spike
business27 days ago

Bay Area diesel tops $9.999 a gallon at three stations, signaling a CA price spike

Diesel prices in California surged to the state’s limit of $9.99 per gallon at three Bay Area stations (two in San Jose and one in Santa Clara), with another San Diego station hitting $9.999; the statewide average diesel price rose to about $7.98/gal amid refinery outages and California’s unique fuel blend, with experts warning the spike could drive higher costs for trucking and the broader economy.

via New York Post|
#bay-area#business#california
GasBuddy Data Shows U.S. Gas Prices Climb to Late-Year High
business1 month ago

GasBuddy Data Shows U.S. Gas Prices Climb to Late-Year High

GasBuddy data show the national average price per gallon has risen to about $4.03, the highest level for this late in the year. Price spikes are especially evident in Michigan (~$4.39/gal) and parts of Ohio (~$4.29–$4.49), with data dating back to 2000; while not an all-time high, it marks the peak for this late calendar period and is linked to factors including the Iran conflict.

via Mediaite|
#business#gas-prices#gasbuddy
Freedom Fuel Faces Price Reality Check as Trump Stations Show Higher Rates
politics2 months ago

Freedom Fuel Faces Price Reality Check as Trump Stations Show Higher Rates

Trump’s announced 'Freedom Fuel' gas stations touted $3.47-per-gallon pricing, but GasBuddy data and social media show many locations charging well above that, with some spikes near $4.49 and ongoing volatility. The White House says prices will fluctuate with market conditions, while experts call the stunt unsustainable and unclear who runs the stations or funds the subsidy.

via Futurism|
#freedom-fuel#gas-prices#gasbuddy
US Gas Prices Dip Below $4 a Gallon, Barely
markets3 months ago

US Gas Prices Dip Below $4 a Gallon, Barely

US regular gas prices slipped below the $4 mark for the first time since March, with the national average at $3.999 per gallon (down about 3 cents from yesterday, according to AAA). Indiana has the cheapest state average at $3.40, and 28 states are under $4; GasBuddy pegs the national figure near $3.98. The decline comes as the Strait of Hormuz is set to reopen, easing supply fears from the Iran–US conflict. Still, analysts say prices aren’t expected to fall to pre-war levels of about $3 soon due to disrupted oil production and refinery outages, and pump prices could rise again this summer; a return below $3 is unlikely in the near term.

via CNN|
#aaa#average-price#gas-prices
Gas prices slip under $4 as Iran deal reshapes oil outlook
business3 months ago

Gas prices slip under $4 as Iran deal reshapes oil outlook

Gas prices in the U.S. have fallen to a national average of $3.99 per gallon, dipping below $4 for the first time since mid-April, as oil markets react to news of a potential U.S.–Iran framework to reopen the Strait of Hormuz. Brent crude dropped sharply, signaling relief ahead, but analysts caution that pump prices may not fall immediately and real relief could take months as reopening efforts proceed and oil flows normalize.

via NY State of Politics|
#brent-crude#business#gas-prices
US Gas Prices Jump Toward 2022 Peak as Hormuz Turmoil Bites
energy5 months ago

US Gas Prices Jump Toward 2022 Peak as Hormuz Turmoil Bites

U.S. average gasoline prices topped $4.50 a gallon (per GasBuddy), the highest since mid-2022, with California well over $6 in many spots, as ongoing Strait of Hormuz disruptions and the Iran conflict push crude higher and tighten fuel inventories; analysts warn the summer driving season could bring further gains, with overall prices about $0.50 below the 2022 all-time high.

via Crude Oil Prices Today | OilPrice.com|
#energy#gasbuddy#gasoline-prices
Iran ceasefire could ease U.S. gas prices, but relief hinges on oil markets
energy6 months ago

Iran ceasefire could ease U.S. gas prices, but relief hinges on oil markets

A CBS MoneyWatch report says the U.S.-Iran ceasefire could eventually bring gas-price relief, but any drop may be slow and uncertain. The national average sits around $4.16 per gallon with some states above $5, and a few-cent decline could begin this weekend if the truce holds—yet prices could rebound if tensions flare or the deal unravels. If oil stabilizes near $90 a barrel in the coming weeks, gas prices may drift toward about $3.75 per gallon, and by year-end around $3.50, though sub-$3 is unlikely; much depends on global energy-market confidence and the safety of passing through the Strait of Hormuz.

via CBS News|
#ceasefire#energy#gas-prices
Californians Trade the Car for Transit as Gas Prices Soar
metro7 months ago

Californians Trade the Car for Transit as Gas Prices Soar

California drivers are cutting back on car trips as gas prices spike to about $5.33 per gallon overnight and stay higher than the national average; many commuters are turning to public transit or using apps like GasBuddy to locate cheaper fuel, with some areas such as San Francisco topping $6 and Sacramento suburbs feeling the pressure, affecting families and the local economy.

via nypost.com|
#california#driving#gas-prices
LA Gas Hits $8 a Gallon as California Braces for Higher Pump Prices
business7 months ago

LA Gas Hits $8 a Gallon as California Braces for Higher Pump Prices

A Los Angeles gas station charged about $8.21 per gallon amid sharply rising fuel costs in California, where statewide averages sit around $5.26/gal and national averages exceed $3/gal. The surge is driven by California’s taxes, environmental fees, a cleaner-burning gasoline blend, and limited refinery capacity, with lawmakers warning prices could reach $8/gal statewide by the end of 2026 if trends continue.

via SlashGear|
#business#california#gas-prices