Gas prices continue to drop, due to coronavirus fears. GasBuddy Head of Petroleum Analysis Patrick DeHaan says the spread of the virus has halted a lot of travel to affected areas.
Continue readingGas Prices Head Back Up to Start 2020
Gas prices ended 2019 almost 50 cents higher, on average in Indiana, than where they began the year. That’s according to statistics from GasBuddy. The state’s average was at $2.52 a gallon, as of Tuesday afternoon.
Continue readingSpring Gas Price Surge Fails to Impact Summer Travel Plans, Prices Expected to Fall in Coming Months
The largest seasonal surge in gas prices since 2011 hasn’t put a roadblock in summer travel plans. If anything, more Americans are actually hitting the road than in past years.
Continue readingGas Prices Expected to Fluctuate Throughout February
Hoosier drivers can expect to see gas prices continue to fluctuate during the month of February. GasBuddy’s Head of Petroleum Analysis Patrick DeHaan said drivers probably noticed higher prices starting on Monday of this week.
Continue readingFactors Impacting Crude Oil Prices and Ways to Save on Fuel Provided by Senior Petroleum Analyst
Gasbuddy.com Senior Petroleum Analysts Patrick DeHaan and Dan McTeague collaborated on a fuel price outlook for 2018.
Though the men did predict an expensive year ahead when they issued the prediction on January 3rd, McTeague said conservative figures were utilized in order to avoid making any assumptions that could have been considered too high. Five weeks into the New Year even the maximum predictions have been surpassed.
McTeague explained that one factor currently contributing to dwindling crude oil inventories is a leak to a frequently used pipeline. Continue reading
Petroleum Analysts Wait to See How Harvey Impacts National Gas Prices
As first responders attend to the devastation and destruction caused by Tropical Storm Harvey, fuel analysts wait to see how national gas prices will be impacted. Senior Petroleum Analyst for GasBuddy.com Partick DeHaan said that during Hurricane Katrina whole-sale gas prices shot up 40 cents a gallon. Though he expects a similar reaction, the current projections are still unknown. Continue reading
Gas Prices Lowest Since 2005
Gas prices have been at a decent level lately as opposed to recent months.
Gasbuddy.com Senior Petroleum Analyst Dan McTeague said the local retailers are working the numbers very closely.
“Prices are reflecting the wholesale and tax of about $2.20 a gallon and that looks to be in some places the going price,” said McTeague. “A lot of gas stations are really operating with their proverbial noses very close to the grindstone. I’ve seen some places that are moving up to $2.45.”
Gas Prices to Remain Affordable for Thanksgiving Travel
Gas prices are expected to stay low during the Thanksgiving travel period. Continue reading
Gas Prices Expected to Head Back Down
Gas prices appear to be heading back down after jumping up over the past two weeks. Continue reading
Gas Prices Expected to Continue to Fall
Gas prices have been dropping over the past few days, and experts expect that trend to continue. Continue reading