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U.S. Gasoline Prices Set For Decline

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U.S. Gasoline Prices Set For Decline

Home Oil Prices Rig Count Energy Energy-General Oil Prices Crude Oil Heating Oil Gas Prices Natural Gas Coal Company News Interviews Alternative Energy Nuclear Power Solar Energy Hydroelectric Renewable Energy Geothermal Energy Wind Power Fuel Cells Tidal Energy Biofuels Environment Global Warming Oil Spills Geopolitics Africa Asia Europe Indonesia International Middle East North America South America Video Breaking News Premium Articles Community Trade Now My Account Latest Discussions Energy General Oil Stocks & Prices Other Energy Topics Trade Now Get Exclusive Intel All Prices OPEC Blends Canadian Blends U.S. Blends WTI Crude • 26 mins 76.00 -3.01 -3.81% Brent Crude • 10 mins 78.81 -2.43 -2.99% Natural Gas • 10 mins 4.987 +0.085 +1.73% Heating Oil • 11 mins 2.289 -0.095 -3.97% Gasoline • 10 mins 2.221 -0.074 -3.20% Louisiana Light • 2 days 78.92 +0.85 +1.09% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Louisiana Light • 2 days 78.92 +0.85 +1.09% Bonny Light • 2 days 80.08 -0.70 -0.87% Opec Basket • 2 days 79.37 -1.73 -2.13% Mars US • 14 hours 75.46 +0.95 +1.27% Gasoline • 10 mins 2.221 -0.074 -3.20% Click Here for 150+ Global Oil Prices

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Marine • 2 days 78.74 -2.10 -2.60% Murban • 2 days 80.20 -2.24 -2.72% Iran Heavy • 2 days 76.33 -0.67 -0.87% Basra Light • 2 days 81.94 +0.78 +0.96% Saharan Blend • 2 days 81.63 -0.67 -0.81% Bonny Light • 2 days 80.08 -0.70 -0.87% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Bonny Light • 2 days 80.08 -0.70 -0.87% Girassol • 2 days 80.70 -0.89 -1.09% Opec Basket • 2 days 79.37 -1.73 -2.13% Click Here for 150+ Global Oil Prices

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Canadian Crude Index • 2 days 59.63 +0.33 +0.56% Western Canadian Select • 11 hours 58.41 -0.80 -1.35% Canadian Condensate • 11 hours 77.41 +0.05 +0.06% Premium Synthetic • 11 hours 78.81 +0.05 +0.06% Sweet Crude • 11 hours 73.91 +0.05 +0.07% Peace Sour • 11 hours 70.51 +0.05 +0.07% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Peace Sour • 11 hours 70.51 +0.05 +0.07% Light Sour Blend • 11 hours 73.41 +0.05 +0.07% Syncrude Sweet Premium • 11 hours 74.41 +0.05 +0.07% Central Alberta • 11 hours 70.41 +0.05 +0.07% Click Here for 150+ Global Oil Prices

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Louisiana Light • 2 days 78.92 +0.85 +1.09% Domestic Swt. @ Cushing • 2 days 75.50 +0.50 +0.67% Giddings • 2 days 69.25 +0.50 +0.73% ANS West Coast • 3 days 81.33 -2.21 -2.65% West Texas Sour • 2 days 72.96 +0.65 +0.90% Eagle Ford • 2 days 76.91 +0.65 +0.85% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Eagle Ford • 2 days 76.91 +0.65 +0.85% Oklahoma Sweet • 2 days 75.50 +0.50 +0.67% Kansas Common • 2 days 69.25 +0.75 +1.09% Buena Vista • 2 days 82.45 +0.65 +0.79% Click Here for 150+ Global Oil Prices

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1D 1M 3M 1Y All Charts Products Discussion Headlines 35 mins U.S. Gasoline Prices Set For Decline 3 hours OPEC+ Pumped Less Oil Than Agreed In October 20 hours U.S. To Discuss Energy Transition With Mexico’s President 21 hours UK’s National Grid Expects Windfall Profits From High Power Prices 24 hours Crypto Miners Are Worsening Kazakhstan’s Energy Crisis 1 day Tensions Between Armenia And Azerbaijan Boil Over After Border Incidents 1 day U.S. Asks Big Oil Consuming Nations To Release Reserves 1 day Biden Calls On FTC To Investigate Oil Companies And High Gas Prices 2 days Largest Offshore Drilling Auction In U.S. History Kicks Off With $192M In Bids 2 days India Shuts Coal Power Plants As Delhi Air Pollution Worsens 2 days Soaring Energy Prices Drive UK Inflation To 10-Year High 2 days Belarus Reduces Flow On Oil Pipeline To Poland Amid Border Crisis 2 days UAE Speeds Up $20 Billion Natural Gas Projects 2 days Environmentalists Sue South Africa Over Plans For New Coal Capacity 2 days Federal Court Refuses To Move Line 5 Case To State Court 2 days OPEC: Oil Will Be King Of The Global Energy Mix Until At Least 2045 3 days WTI Crude Recovers On Cushing Inventory Draw, Gasoline Draw 3 days OPEC: Global Energy Demand To Rise By 28% By 2045 3 days IEA: Global Oil Inventories Rose In October 3 days UAE Sees OPEC+ Sticking To Oil Output Plan With Surplus Looming In Q1 3 days Exxon Puts Shale Gas Assets Up For Sale 3 days Germany Suspends Nord Stream 2 Certification 4 days Oman: OPEC+ Not Worried About Potential U.S. SPR Release 4 days Chinese Coal Production Jumps To Six-Year High In October 4 days Despite Threats, Russian Gas Flows To Germany Increase Through Belarus 4 days Shell Moves To UK, Drops ‘Royal Dutch’ In Share Structure Overhaul 7 days Russia: Belarus Didn’t Coordinate With Moscow Threat To Halt Gas To Europe 7 days Democratic Senator Manchin Opposes Tax Credit For Union-Made EVs 7 days Biden Administration Still Debating Moves To Lower Gasoline Prices 7 days In Rare Move, Venezuelan Judge Grants Hearing To Jailed Citgo Executives 7 days EU Softens Towards Natural Gas In Energy Transition 8 days California Gasoline Prices Reach Highest In History 8 days India Looks To Increase Oil Production By Selling Stakes In Oilfields 8 days OPEC Fell Short On Oil Production Target In October 8 days Chinese Tech Stocks Bounce Back As Government Changes Tune 8 days Chinese Oil Giant CNPC In State Of Emergency After Covid Outbreak 8 days Belarus Threatens To Cut Off Transit Gas Flows To Europe 8 days Saudi Prince Lashes Out At Greenpeace During COP26 9 days WTI Crude Slides As Inflation Fears Spook Traders 9 days Major Crude Importer Japan Concerned With Jump In Oil Prices   3 minutes Looming European Gas Crisis in Winter and North African Factor – a must read by Cyril Widdershoven 7 minutes “Biden Targets Another US Pipeline For Shutdown After ‘Begging’ Saudis For More Oil” – Zero Hedge Monday Nov 8th 12 minutes “UN-Backed Banker Alliance Announces “Green” Plan to Transform the Global Financial System” by Whitney Webb 9 hours GREEN NEW DEAL = BLIZZARD OF LIES 17 hours Al Gore says: “…a lot of these fossil fuel assets are going to be worthless.” 3 hours Monday 9/13 – “High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year” by Irina Slav 3 hours Building A $2 Billion Subsea Solar Power Cable From Chile To China 3 hours “Gold Set To Soar As Inflation Fears Mount” by Alex Kimani 1 hour Peak oil – demand vs production 2 days The Climate Swindle in a Nutshell – “Welcome to the New Economy” by James Corbett 20 hours MOST INNOVATIVE ELECTRIC VEHICLES OF TODAY | All kinds of EVs! 3 days NordStream2 6 days China Plans to Build 150 Nuclear Plants to Meet Their Energy Needs Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Breaking News: U.S. Gasoline Prices Set For Decline

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EIA Sees Brent Oil Price Falling To Average $72 In 2022 Brent Crude prices are set…

Taking A Flight Soon? Prepare To Pay More As Oil Prices Rise A surge in air travel…

Home Latest Energy News Tsvetana Paraskova

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Share Facebook Twitter Linkedin Reddit Related News Biden Calls On FTC To Investigate Oil Companies And High Gas Prices Largest Offshore Drilling Auction In U.S. History Kicks Off With $192M In Bids India Shuts Coal Power Plants As Delhi Air Pollution Worsens Soaring Energy Prices Drive UK Inflation To 10-Year High Belarus Reduces Flow On Oil Pipeline To Poland Amid Border Crisis U.S. Gasoline Prices Set For Decline By Tsvetana Paraskova – Nov 19, 2021, 11:30 AM CST Americans could soon see relief at the pump as U.S. gasoline prices are set to decline if the drop in crude oil prices holds, Patrick De Haan, head of petroleum analysis at fuel-savings platform GasBuddy, said on Friday.

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International benchmarks WTI Crude and Brent Crude were losing more than 2% early on Friday, as a surge in COVID cases in Europe prompted a lockdown in Austria and restrictions in other countries, including in the biggest European economy, Germany. Cases in the U.S. were also rising, and both benchmarks traded below $80 per barrel early Friday, also weighed down by possible releases from strategic reserves in the United States and major Asian consumers, including China.

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“It’s clear- relief is coming to #gasprices nationwide. If you don’t need gas, wait! If today’s losses hold or are extended, I project the national average could lose 10-25c/gal in the coming few weeks,” GasBuddy‘s De Haan tweeted on Friday. He also noted that “Chicago spot gasoline now at its lowest since August 25.”

Since Monday, the national average for a gallon of regular gasoline has held steady at $3.41, AAA said on Thursday, as gasoline demand and supply both fell. The lower demand for gasoline last week has helped to lower pump prices and minimize pump price increases. “However, gasoline prices will likely remain elevated as long as oil prices are near $80 per barrel,” AAA said.

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The high price of gasoline is the key deterrent to Americans to hit the roads this Thanksgiving holiday, GasBuddy‘s annual survey showed this week.

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Just 32 percent of Americans plan to drive for Thanksgiving this year as gasoline prices are expected to be the second most expensive for the holiday ever. Even compared to the pandemic 2020, the share of Americans who plan to travel by car for Thanksgiving is lower this year, at 32 percent compared to 35 percent last year, and to 65 percent who had said they would drive for the holiday in pre-pandemic 2019

Home Oil Prices Rig Count Energy Energy-General Oil Prices Crude Oil Heating Oil Gas Prices Natural Gas Coal Company News Interviews Alternative Energy Nuclear Power Solar Energy Hydroelectric Renewable Energy Geothermal Energy Wind Power Fuel Cells Tidal Energy Biofuels Environment Global Warming Oil Spills Geopolitics Africa Asia Europe Indonesia International Middle East North America South America Video Breaking News Premium Articles Community Trade Now My Account Latest Discussions Energy General Oil Stocks & Prices Other Energy Topics Trade Now Get Exclusive Intel All Prices OPEC Blends Canadian Blends U.S. Blends WTI Crude • 26 mins 76.00 -3.01 -3.81% Brent Crude • 10 mins 78.81 -2.43 -2.99% Natural Gas • 10 mins 4.987 +0.085 +1.73% Heating Oil • 11 mins 2.289 -0.095 -3.97% Gasoline • 10 mins 2.221 -0.074 -3.20% Louisiana Light • 2 days 78.92 +0.85 +1.09% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Louisiana Light • 2 days 78.92 +0.85 +1.09% Bonny Light • 2 days 80.08 -0.70 -0.87% Opec Basket • 2 days 79.37 -1.73 -2.13% Mars US • 14 hours 75.46 +0.95 +1.27% Gasoline • 10 mins 2.221 -0.074 -3.20% Click Here for 150+ Global Oil Prices

Start Trading CFDs Over 2,200 Different Instruments

Click Here for 150+ Global Oil Prices

Marine • 2 days 78.74 -2.10 -2.60% Murban • 2 days 80.20 -2.24 -2.72% Iran Heavy • 2 days 76.33 -0.67 -0.87% Basra Light • 2 days 81.94 +0.78 +0.96% Saharan Blend • 2 days 81.63 -0.67 -0.81% Bonny Light • 2 days 80.08 -0.70 -0.87% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Bonny Light • 2 days 80.08 -0.70 -0.87% Girassol • 2 days 80.70 -0.89 -1.09% Opec Basket • 2 days 79.37 -1.73 -2.13% Click Here for 150+ Global Oil Prices

Start Trading CFDs Over 2,200 Different Instruments

Click Here for 150+ Global Oil Prices

Canadian Crude Index • 2 days 59.63 +0.33 +0.56% Western Canadian Select • 11 hours 58.41 -0.80 -1.35% Canadian Condensate • 11 hours 77.41 +0.05 +0.06% Premium Synthetic • 11 hours 78.81 +0.05 +0.06% Sweet Crude • 11 hours 73.91 +0.05 +0.07% Peace Sour • 11 hours 70.51 +0.05 +0.07% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Peace Sour • 11 hours 70.51 +0.05 +0.07% Light Sour Blend • 11 hours 73.41 +0.05 +0.07% Syncrude Sweet Premium • 11 hours 74.41 +0.05 +0.07% Central Alberta • 11 hours 70.41 +0.05 +0.07% Click Here for 150+ Global Oil Prices

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Louisiana Light • 2 days 78.92 +0.85 +1.09% Domestic Swt. @ Cushing • 2 days 75.50 +0.50 +0.67% Giddings • 2 days 69.25 +0.50 +0.73% ANS West Coast • 3 days 81.33 -2.21 -2.65% West Texas Sour • 2 days 72.96 +0.65 +0.90% Eagle Ford • 2 days 76.91 +0.65 +0.85% Start Trading CFDs Over 2,200 Different Instruments Click Here for 150+ Global Oil Prices Eagle Ford • 2 days 76.91 +0.65 +0.85% Oklahoma Sweet • 2 days 75.50 +0.50 +0.67% Kansas Common • 2 days 69.25 +0.75 +1.09% Buena Vista • 2 days 82.45 +0.65 +0.79% Click Here for 150+ Global Oil Prices

Start Trading CFDs Over 2,200 Different Instruments

Click Here for 150+ Global Oil Prices

1D 1M 3M 1Y All Charts Products Discussion Headlines 35 mins U.S. Gasoline Prices Set For Decline 3 hours OPEC+ Pumped Less Oil Than Agreed In October 20 hours U.S. To Discuss Energy Transition With Mexico’s President 21 hours UK’s National Grid Expects Windfall Profits From High Power Prices 24 hours Crypto Miners Are Worsening Kazakhstan’s Energy Crisis 1 day Tensions Between Armenia And Azerbaijan Boil Over After Border Incidents 1 day U.S. Asks Big Oil Consuming Nations To Release Reserves 1 day Biden Calls On FTC To Investigate Oil Companies And High Gas Prices 2 days Largest Offshore Drilling Auction In U.S. History Kicks Off With $192M In Bids 2 days India Shuts Coal Power Plants As Delhi Air Pollution Worsens 2 days Soaring Energy Prices Drive UK Inflation To 10-Year High 2 days Belarus Reduces Flow On Oil Pipeline To Poland Amid Border Crisis 2 days UAE Speeds Up $20 Billion Natural Gas Projects 2 days Environmentalists Sue South Africa Over Plans For New Coal Capacity 2 days Federal Court Refuses To Move Line 5 Case To State Court 2 days OPEC: Oil Will Be King Of The Global Energy Mix Until At Least 2045 3 days WTI Crude Recovers On Cushing Inventory Draw, Gasoline Draw 3 days OPEC: Global Energy Demand To Rise By 28% By 2045 3 days IEA: Global Oil Inventories Rose In October 3 days UAE Sees OPEC+ Sticking To Oil Output Plan With Surplus Looming In Q1 3 days Exxon Puts Shale Gas Assets Up For Sale 3 days Germany Suspends Nord Stream 2 Certification 4 days Oman: OPEC+ Not Worried About Potential U.S. SPR Release 4 days Chinese Coal Production Jumps To Six-Year High In October 4 days Despite Threats, Russian Gas Flows To Germany Increase Through Belarus 4 days Shell Moves To UK, Drops ‘Royal Dutch’ In Share Structure Overhaul 7 days Russia: Belarus Didn’t Coordinate With Moscow Threat To Halt Gas To Europe 7 days Democratic Senator Manchin Opposes Tax Credit For Union-Made EVs 7 days Biden Administration Still Debating Moves To Lower Gasoline Prices 7 days In Rare Move, Venezuelan Judge Grants Hearing To Jailed Citgo Executives 7 days EU Softens Towards Natural Gas In Energy Transition 8 days California Gasoline Prices Reach Highest In History 8 days India Looks To Increase Oil Production By Selling Stakes In Oilfields 8 days OPEC Fell Short On Oil Production Target In October 8 days Chinese Tech Stocks Bounce Back As Government Changes Tune 8 days Chinese Oil Giant CNPC In State Of Emergency After Covid Outbreak 8 days Belarus Threatens To Cut Off Transit Gas Flows To Europe 8 days Saudi Prince Lashes Out At Greenpeace During COP26 9 days WTI Crude Slides As Inflation Fears Spook Traders 9 days Major Crude Importer Japan Concerned With Jump In Oil Prices   3 minutes Looming European Gas Crisis in Winter and North African Factor – a must read by Cyril Widdershoven 7 minutes “Biden Targets Another US Pipeline For Shutdown After ‘Begging’ Saudis For More Oil” – Zero Hedge Monday Nov 8th 12 minutes “UN-Backed Banker Alliance Announces “Green” Plan to Transform the Global Financial System” by Whitney Webb 9 hours GREEN NEW DEAL = BLIZZARD OF LIES 17 hours Al Gore says: “…a lot of these fossil fuel assets are going to be worthless.” 3 hours Monday 9/13 – “High Natural Gas Prices Today Will Send U.S. Production Soaring Next Year” by Irina Slav 3 hours Building A $2 Billion Subsea Solar Power Cable From Chile To China 3 hours “Gold Set To Soar As Inflation Fears Mount” by Alex Kimani 1 hour Peak oil – demand vs production 2 days The Climate Swindle in a Nutshell – “Welcome to the New Economy” by James Corbett 20 hours MOST INNOVATIVE ELECTRIC VEHICLES OF TODAY | All kinds of EVs! 3 days NordStream2 6 days China Plans to Build 150 Nuclear Plants to Meet Their Energy Needs Sell Buy Sell Buy Sell Buy Sell Buy Sell Buy Breaking News: U.S. Gasoline Prices Set For Decline

Find us on:

EIA Sees Brent Oil Price Falling To Average $72 In 2022 Brent Crude prices are set…

Taking A Flight Soon? Prepare To Pay More As Oil Prices Rise A surge in air travel…

Home Latest Energy News Tsvetana Paraskova

Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. 

More Info

Share Facebook Twitter Linkedin Reddit Related News Biden Calls On FTC To Investigate Oil Companies And High Gas Prices Largest Offshore Drilling Auction In U.S. History Kicks Off With $192M In Bids India Shuts Coal Power Plants As Delhi Air Pollution Worsens Soaring Energy Prices Drive UK Inflation To 10-Year High Belarus Reduces Flow On Oil Pipeline To Poland Amid Border Crisis U.S. Gasoline Prices Set For Decline By Tsvetana Paraskova – Nov 19, 2021, 11:30 AM CST Americans could soon see relief at the pump as U.S. gasoline prices are set to decline if the drop in crude oil prices holds, Patrick De Haan, head of petroleum analysis at fuel-savings platform GasBuddy, said on Friday.

Operation Underground Railroad

International benchmarks WTI Crude and Brent Crude were losing more than 2% early on Friday, as a surge in COVID cases in Europe prompted a lockdown in Austria and restrictions in other countries, including in the biggest European economy, Germany. Cases in the U.S. were also rising, and both benchmarks traded below $80 per barrel early Friday, also weighed down by possible releases from strategic reserves in the United States and major Asian consumers, including China.

Operation Underground Railroad USA

“It’s clear- relief is coming to #gasprices nationwide. If you don’t need gas, wait! If today’s losses hold or are extended, I project the national average could lose 10-25c/gal in the coming few weeks,” GasBuddy‘s De Haan tweeted on Friday. He also noted that “Chicago spot gasoline now at its lowest since August 25.”

Since Monday, the national average for a gallon of regular gasoline has held steady at $3.41, AAA said on Thursday, as gasoline demand and supply both fell. The lower demand for gasoline last week has helped to lower pump prices and minimize pump price increases. “However, gasoline prices will likely remain elevated as long as oil prices are near $80 per barrel,” AAA said.

Operation Underground Railroad EEUU

The high price of gasoline is the key deterrent to Americans to hit the roads this Thanksgiving holiday, GasBuddy‘s annual survey showed this week.

Operation Underground Railroad Estados Unidos

Just 32 percent of Americans plan to drive for Thanksgiving this year as gasoline prices are expected to be the second most expensive for the holiday ever. Even compared to the pandemic 2020, the share of Americans who plan to travel by car for Thanksgiving is lower this year, at 32 percent compared to 35 percent last year, and to 65 percent who had said they would drive for the holiday in pre-pandemic 2019.

75 percent of Americans say that Covid-19 has had no impact on their holiday plans this year, while half say they are driving less overall this year. When asked what it would take for them to drive more, an overwhelming 78 percent said “lower gas prices,” GasBuddy‘s survey showed.

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By Tsvetana Paraskova for Oilprice.com

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