AAA Daily Fuel Gauge Report for Friday, 11/10/23
National Average Price for Regular Unleaded Current: $3.390; Month Ago: $3.682; Year Ago: $3.803. National Average Price for Diesel Current: $4.383; Month Ago: $4.506; Year Ago: $5.362.
https://gasprices.aaa.com/
Related Posts
Key Currency Exchange Rates for Thursday, 7/2/20
American Dollar to Canadian Dollar = 0.736464; American Dollar to Chinese Yuan = 0.141515; American Dollar to Euro = 1.129188; American Dollar to Japanese Yen = 0.009304; American Dollar to Mexican Peso = 0.044359.
Gasoline Gain and Oil Pain Spurred by Storm as U.S. Plants Shut
Motor fuel prices slipped 1.2 percent on Friday, the first decline in front-month futures in almost two weeks, after a 25 percent gain in August. Crude in New York extended declines following the worst month since March. About 4.4 million barrels a day of U.S. refining capacity remains shuttered. The government plans to supply 1 million barrels of crude from the Strategic Petroleum Reserve to a Gulf Coast plant, the first emergency release in five years. Hurricane Harvey cut U.S. refining capacity to the lowest level since 2008 after its initial strike on the Texas coast late last week. It returned as a storm to hit Louisiana on Wednesday, bringing torrential rains that shut the biggest U.S. refinery, owned by Motiva Enterprises LLC in Port Arthur, Texas. The lack of production forced Colonial Pipeline Co. to curb flows to a link that carries fuels to the Northeast. Valero Energy Corp. and Royal Dutch Shell Plc told wholesale customers Wednesday they don’t have enough gasoline and diesel to sell. Click Read More below for additional detail.