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Andy Lipow: Latest News

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09.06.2022 / 23:45

National gas prices near $5 but closing in on $8 in various counties

retail price for regular gasoline reached another record high Wednesday, sitting at $4.955 per gallon. That's 64 cents higher from a month ago and $1.89 higher than it was a year ago, according to AAA. With fuel demand increasing, oil prices rising and gasoline inventories at their lowest level for this time of year since 2014, gas prices have hit new records daily and are expected to continue to increase, Andy Lipow, president of Lipow Oil Associates, previously told FOX Business. GAS PRICES COULD REACH $5 THIS WEEK, EXPERT SAYSThe average retail price has already surged past $5 per gallon in at least 10 states with California leading the pack with an average over $6. But that's only the state average.

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Gas prices could hit $4 a gallon after OPEC production cut

Los Angeles, CaliforniaSept. 26, 2022 Gas prices are going up in Southern California on Sept.

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National gas price average hits new record high at $4.45 per gallon

gas price hit a record high, and is expected to continue rising as the energy supply crunch in the U.S. rages on.The average price for a gallon of gas hit $4.45 Saturday, according to AAA Gas Prices.

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Gas prices could continue to fall, but California won't see much relief: expert

Jesse Espersen fills his SUV with 16.536 gallons of Super+ gas at 7.559 per gallon for a total of 125 dollars at a Mobil station in Los Angeles, CA. (Robert Gauthier/Los Angeles Times via Getty Images) The national average cost for a gallon of gasoline is likely to continue to fall in the coming weeks, though prices in California will remain elevated due to supply issues, according to an industry expert.As of Thursday, the national average is $4.289 a gallon, down from Wednesday's average of $4.305, according to AAA data. Gas prices in Westchester are above six dollars as prices at the pump continue to raise across the Southland on Sunday, March 13, 2022 in Los Angeles, CA.

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COVID-19

United States	Cases: 46 252 513 Deaths: 750 423 Recovered: 0
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