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Fuel Report

Friday, December 21, 2012

Gas Prices Drop 20 Cents

Find the cheapest gas in the Northampton Township area.

The average price of self-serve regular gas in Bucks and Montgomery Counties dropped nearly 20 cents since last month, according to AAA’s Fuel Gauge Report. Drivers are feeling relief at the pump across the country as gas prices continue to fall approaching the busy year-end holiday travel season. Prices are down 6.4 cents since last week and 15.1 cents higher than last year. Prices have been driven lower by a number of factors, including the switch to winter-blend fuel—which is less expensive to produce—increased gasoline inventories, cheaper crude oil prices, lower demand and economic concerns.  The national average for a gallon of self-serve regular gasoline is $3.236; in Pennsylvania it’s $3.447 per gallon and in Bucks and Montgomery …

Friday, December 7, 2012

Gas Prices Down 3.5 Cents

Find the cheapest gas in Northampton Township.

The average price of self-serve regular in Pennsylvania dropped nearly 10 cents in a month, and about 4 cents since last week, according to AAA’s Fuel Gauge Report. In the Bucks and Montgomery Counties, the average price of a gallon is $3.601, which is 3.5 cents lower than a week ago, 9.7 cents lower than a month ago and 24.7 cents higher than a year ago. While national retail gas prices have declined each day during the past week, crude oil prices have increased slightly, as market attention has focused on the impact of the looming U.S. fiscal cliff, the report states. That means though gas prices usually decline this time of year, the economic uncertainty has slowed that decline. Locally, the cheapest price (as of Dec. 5) for regular is…

Friday, November 16, 2012

AAA: Gas Prices Could Drop 50 Cents by Year’s End

Find the cheapest gas in Northampton Patch.

Gas prices dropped about 1.5 cents in Pennsylvania and 1.1 cents in Bucks and Montgomery Counties from a week ago, according to AAA’s Fuel Gauge Report. The average price of self-serve gasoline is $3.685, down 22.4 cents from a month ago and 21.7 cents higher than a year ago. After Hurricane Sandy, there continues to be a distribution problem and not a systemic issue with gasoline supplies in New York and New Jersey. There is plenty of gasoline ready to make its way to stations, but it has to get there first. Once this distribution gets fully back online, AAA expects pump prices in affected areas to follow the rest of the country lower. AAA predicts that the national average price will be $3.25 to $3.40 by Thanksgiving and $3.10 to $3.30 …

Friday, November 9, 2012

Gas Prices Drop 25 Cents in a Month

Where is the cheapest gas near Northampton Township?

Lower crude oil prices and cold weather have pushed gas prices down for the third week, according to AAA’s Fuel Gauge Report. AAA reports the national average per gallon is down 35 cents from a month ago and the Pennsylvania price is down 25 cents.  In the Bucks and Montgomery Counties, the average price of a gallon is $3.696 per gallon, which is 2.3 cents lower than a week ago and 23.8 cents lower than a month ago; however, it is 22.1 cents higher than a year ago. Power outages and distribution issues in the wake of Hurricane Sandy left some delivery terminals and service stations—particularly in Northern New Jersey and New York City—without electricity. Many motorists traveled into Bucks County to fill up. The report says it is important…

Friday, October 26, 2012

AAA: Politics Isn’t a Solution to High Gas Prices

Gas prices drop 8 cents since last week.

After Labor Day, AAA predicted that gas prices across the country would drop leading up to Election Day, and will move even lower approaching the end of the year. And that’s exactly what’s happening. For the second week, gas prices dipped by an average of 13 cents a gallon, according to AAA’s Fuel Gauge Report. In Bucks and Montgomery Counties, the average price of a gallon is $3.807 per gallon, which is 8.1 cents lower than a week ago, 11.8 cents lower than a month ago and 29.3 cents higher than a year ago. High gas prices continue to not just be a front-of-mind issue for motorists, but also a frequent topic in Washington. AAA has consistently noted, because it is a publicly traded global commodity, there is no sliver-bullet solution to …

Friday, October 19, 2012

Gas Prices Drop 4 Cents a Gallon

Find the cheapest gas prices in the Northampton Township area.

Gas prices seem to finally be dropping as we head into the cooler months of the year. Nationwide, the average price of self-serve regular gasoline dropped 9 cents, according to AAA’s Fuel Gauge Report. In Bucks and Montgomery Counties, the average price of a gallon is $3.888, which is 3.9 cents lower from a week ago, 7.5 cents lower than a month ago and 38.4 cents higher than a year ago. While the national average price for a gallon of gasoline has begun to decline, the daily average price has been the highest on record for each calendar day for eight straight weeks. AAA expects pump prices to continue to decline, but still set daily records, approaching the end of the year.  Locally, the cheapest price for regular is $3.80 at the Sunoco …

Friday, October 12, 2012

Gas Prices Drop Ever So Slightly

Find the cheapest gas in the Northampton Township area.

The see-saw gas prices saw an overall 3.5-cent increase in the United States last week, but a very slight drop locally, according to AAA’s Fuel Gauge Report. In Bucks and Montgomery Counties, the average price for self-serve regular unleaded gasoline is $3.927 per gallon, which is .2 cents lower from a week ago, 7.9 cents higher than a month ago and 44.4 cents higher than a year ago. This skewing of national prices started last week in California, the report states, when the average price for a gallon in that state hit $4.671. Low supplies, plus a power outage at an Exxon refinery prevented it from producing gas, caused that nearly 50-cent hike. Crude oil prices, however, continues to drop as global demand weakens. As of Friday, Oct. 12, …

Friday, August 3, 2012

AAA Makes Predictions for August Gas Prices

As July ended with gas prices 20 cents higher, AAA makes predictions for August.

Gas prices dropped 1 cent since last week, but prices are up about 20 cents from June and will remain high through Labor Day according to AAA predictions. In the Bucks and Montgomery area, July ends with the average price for self-serve regular unleaded gasoline at $3.625 per gallon, which is .6 cents lower than a week ago, but 21.6 cents higher than a month ago, according to AAA’s Fuel Gauge Report. That is the largest increase for July in more than a dozen years. Drivers nationwide saw prices reverse in July after three months of steady declines at the pump. Higher global oil prices and increased demand for gasoline during the busy summer driving season were the primary factors that sent pump prices higher in July. Locally, the best …

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