Gas prices rise on surprise OPEC announcement

WASHINGTON, D.C.—OPEC’s announcement last weekend that it will cut production by over a million barrels per day starting in a month took the oil market by surprise. In response, crude immediately surged well above $80 a barrel, although it has since struggled to stay above that mark. Meanwhile, the national average for a gallon of regular gasoline rose seven cents […]

Gas prices hold steady as hikes out west offset drops elsewhere

NOTTINGHAM, MD—After falling for two weeks, the nation’s average gas price is unchanged from last week, holding at $3.37 per gallon according to GasBuddy data compiled from more than 11 million individual price reports covering over 150,000 gas stations across the country. The national average is down 2.7 cents from a month ago and 14.5 cents per gallon lower than […]