Lowest gas prices since 2005 boost driving forecast for Independence Day
HEATHROW, Fla. -- Travel this Fourth of July holiday will be one for the record books. Fueled by low gasoline prices, an estimated 43 million Americans will travel at least 50 miles this Independence Day holiday, according to AAA. This would represent a 1.3% increase from last year, the highest...
Electric vehicles could cut gas demand up to 20% by 2035
Unfavorable wholesale-cost trends keep margins below three-year average
ST. PETERSBURG, Fla. -- May was “unremarkable” for retail gasoline margins, but truly tough for diesel. According to the latest Convenience Store Grab-N-Go research note by Raymond James & Associates, St. Petersburg, Fla., national retail margins on regular gasoline rose 7% sequentially in May...
Analysis shows how higher pump prices can tip the math