Cheaper Gasoline Prices Not Leading to Higher Spending

Current gasoline prices are cheaper this year, yet they are not leading to a huge increase in consumer spending according to a poll by Bankrate.com. Around 80 percent of the 1,000 individuals polled by Bankrate said that they have not increased their spending as a response to declining gasoline prices today. The prices at the pump continually increased for 34 consecutive days at the start of the...
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U.S. Gasoline Prices Posting Unusual Trends

The average price of gasoline in the U.S. gained 11 cents per gallon over the last two weeks. According to the recently released Lundberg Survey, the average gasoline prices today of regular gas, midgrade gas and premium gas are $3.66, $3.84 and $3.98 per gallon, respectively. The price of diesel remained the same, at $3.93 per gallon. Among the cities covered by the survey in the lower 48 U.S....
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Gasoline Price Spike in Chicago Attributed to Floods

The price of gasoline in Chicago has been going up and down over the last several weeks. But the gasoline price today is on the rise. Yet, analysts do not expect the current increase to last very long. The spike in the current gasoline prices is being attributed to the floods in the past week, according to Beth Mosher, spokeswoman of AAA in Chicago. Mosher highlighted that the prices of regular...
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Current Gasoline Price Continues Downward Trend

The average price of retail gas in New Hampshire dropped 5.3 cents a gallon last week to its recent average of $3.42 per gallon, according to a daily poll regional gas stations. Maine’s average price of retail gas also declines 4.9 cents a gallon in the previous week to its recent average of $3.53 a gallon, according to the daily poll of gasoline stations throughout that state. The decline in...
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Gasoline Prices Fall in NYC

New York’s average retail price of gasoline has decreased 3.5 cents a gallon last week, putting the state’s average gasoline price today at $3.83 per gallon, according to the daily poll of gasoline stations throughout the state. This average is higher compared to the nationwide average, which has shed 4 cents a gallon in the past week to reach the current gasoline price average of $3.58 per...
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