U.S. Average Gas Prices Drop 26 Consecutive Days

(WASHINGTON, August 10, 2015) - The national average price for regular unleaded gasoline has fallen for 26 consecutive days, reaching today’s average of $2.59 per gallon. This is the longest streak of consecutive declines since January, and pump prices have moved lower by 19 cents per gallon over this period. Drivers are saving six cents per gallon week-over-week, and 17 cents per gallon month-over-month. The relatively low price of crude continues to provide consumers with significant yearly savings, and today’s average gas price is 89 cents per gallon lower than this same date last year.
West Texas Intermediate (WTI), the domestic benchmark for crude oil, has reached its lowest price since March 2015, and market fundamentals point to prices moving lower in the near term. Oversupply continues to characterize the oil market, and according to the latest report from the U.S. Energy Information Administration (EIA), refinery utilization rates are running at record highs. The monthly average price of crude oil currently accounts for approximately 40 percent of the price consumers pay at the pump, and with WTI posting its sixth consecutive week of losses, pump prices are likely to post notable declines leading up to the Labor Day holiday.
True or false: Until your vehicle is out-of-warranty, it must be serviced by the new car dealer or the factory warranty will be void.
AAA Foundation study shows increased risk of depression and entry into long-term care facilities among former older drivers
(WASHINGTON, August 24, 2015) Average U.S. gas prices today are at the lowest levels for this time of year since 2004 due to the steep decline in the cost of crude oil. Gas prices have dropped recently despite ongoing refinery problems, and prices should continue to fall this autumn due to declining demand and the switchover to winter-blend gasoline. Today’s national average price of gas is $2.59 per gallon, which is eight cents less than a week ago and 84 cents less than a year ago. Pump prices are now 21 cents per gallon below the 2015 peak price reached on June 15.
Back-to-school season is the ideal time to review your ABCs; the ABCs of car care, that is. The Car Care Council recommends that motorists brush up on their auto care knowledge to make sure their vehicle is operating at its most efficient level before the school year carpool crunch and the onset of fall and winter weather.
Educators applaud the program’s influence in reducing injuries and fatalities among school children age 5 to 14
