AAA Daily Fuel Gauge Report for Friday, 2/14/25

U.S. crude production climbed in March to 10.47 million barrels per day (bpd), a monthly record, data from the Energy Information Administration showed last week. U.S. drillers added two oil rigs in the week to June 1, bringing the total to 861, the most since March 2015, energy services company Baker Hughes said on Friday. That was the eighth time drillers have added rigs in the past nine weeks. Click Read More below for additional information.

Another one of the 12 railroad unions narrowly approved its deal with the major freight railroads Saturday, offering some hope that the contract dispute might be resolved without a strike even though two other unions rejected their agreements last month. Now that 52% of International Association of Machinists and Aerospace Workers members who voted approved their deal, seven railroad unions have ratified contracts that include 24% raises and $5,000 in bonuses, but all 12 have to approve contracts to prevent a strike.

National Average Price for Regular Unleaded Current: $3.034; Month Ago: $3.073; Year Ago: $3.122. National Average Price for Diesel Current: $3.505; Month Ago: $3.554; Year Ago: $4.016.