Consumers may be catching a little break from March’s record-high prices, but don’t expect any dramatic drops.
Posts tagged as “oil prices”
The war in Ukraine and fear of less Russian oil entering the market caused the price of crude to creep back above $100 a barrel.
Domestically, the national average for a gallon of gas has fallen to $4.11.
The bill requires oil refiners to disclose how much they make on every gallon of gas sold.
After cresting above $123 per barrel shortly after Russia’s invasion of Ukraine, the price of crude oil has gradually fallen below $110.
The national average for a gallon of gas is $4.06, a staggering 45 cents more than a week ago, 62 cents more than a month ago.
Russia’s invasion of Ukraine has roiled the oil market, with crude spiking briefly to more than $100/bbl before settling back into the mid-$90s, AAA reported Monday.
