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Topic: Wisconsin

AAA says Gasoline Supply, Refinery Utilization on the Rise as Crude Oil Prices Decline

 

AAAWashington, D.C. – AAA reports Refinery utilization is at its highest measurement this year: 84%.

This strong utilization rate, as measured by the Energy Information Administration (EIA), helped contribute to the addition of 4 million bbl of gasoline, pushing overall supply levels to 234.5 million bbl for the week ending April 2nd.

Gas truck

Gas truck

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AAA says Gasoline Demand Continues to Grow as Pump Prices Fluctuate

 

AAAWashington, D.C. – AAA reports Gasoline demand measured 8.9 million b/d in the Energy Information Administration’s (EIA) latest weekly report, up nearly 4% from the week prior.

Because of the jump in demand, gasoline supplies tightened to 230.5 million bbl, the lowest level this year, and state gas prices averages saw major fluctuations. On the week, states saw pump price changes ranging from an increase of 15 cents to a decrease of 3 cents.

Gas Prices at the Pump bounce around as demand grows. (AAA)

Gas Prices at the Pump bounce around as demand grows. (AAA)

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AAA reports Icy Winter Temperatures causes Gas Price rise at the Pump

 

AAAWashington, D.C. – AAA says motorists are filling-up to some of the most expensive gas prices seen in over a year.

With the forced shutdown of Gulf Coast and some Mid-West refineries due to last week’s winter weather, gasoline stocks have tightened and gas prices have skyrocketed.

On the week, 66% of state averages spiked by double digits (10–22 cents), driving the national average up by 13 cents to $2.63. That is the most expensive national average since October 2019.

Winter Storm shutsdown refineries causing gas prices to spike. (AAA)

Winter Storm shuts down refineries causing gas prices to spike. (AAA)

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General Motors recalls nearly 700,000 vehicles because Passenger Frontal Air Bag Inflator May Explode

 

National Highway Traffic Safety Administration - NHTSAWashington, D.C. – The National Highway Traffic Safety Administration (NHTSA) reports General Motors, LLC is recalling certain 2013 Cadillac Escalade, Escalade ESV, and Escalade EXT, Chevrolet Avalanche, Silverado 1500, Silverado 2500/3500, Suburban, Tahoe, GMC Sierra 1500, Sierra 2500/3500, Yukon, and Yukon XL vehicles.

An inflator explosion may result in sharp metal fragments striking the driver or other occupants, resulting in serious injury or death.

2013 Cadillac Escalade is one of the vehicles being recalled.

2013 Cadillac Escalade is one of the vehicles being recalled.

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AAA reports Price of Crude, National Gas Average soon to Top 2020’s Highest

 

AAAWashington, D.C. – AAA says that Crude oil and pump prices will soon be more expensive than the highest price of 2020 despite low demand. At the end of last week, crude was priced at $59.47/bbl.

That’s just under $4.00/bbl less than last year’s most expensive price of $63.27/bbl (seen on January 6th, 2020). Since the end of November, we’ve seen the price of crude increase as much as $5.00/bbl a week, meaning we could see 2021 crude oil prices top 2020 as early as this week.

How High Will Gas Prices Go This Year? (AAA)

How High Will Gas Prices Go This Year? (AAA)

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AAA Forecasts Gas Prices to Continue Rising

 

AAAWashington, D.C. – AAA says that at $2.46, the national gas price average is more expensive on the week (+4 cents), the month (+16 cents), and the year (+2 cents). This past Saturday, February 6th, was the first time in 340 days the national average was more expensive than a year ago.

Today, nearly two-thirds of all state gas price averages are more expensive year-over-year. Pump prices continue to climb, in part due to expensive crude oil and the market’s growing optimism that demand will increase amid the vaccination roll-out.

National Gas Price Exceeds Year Ago Average for First Time in 340 Days. (AAA)

National Gas Price Exceeds Year Ago Average for First Time in 340 Days. (AAA)

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RHC-A Commander Paula Lodi reflects on her team’s COVID-19 response efforts

 

Blanchfield Army Community Hospital

Blanchfield Army Community Hospital (BACH)Fort Campbell, KY – The commanding general of the Army’s largest regional health command met with military and civilian frontline healthcare workers on Fort Campbell, Kentucky and in Wisconsin during a battlefield circulation, January 4th to 6th, reflecting on their COVID-19 Coronavirus response efforts.

“It’s just an enormous point of pride for me to be associated with this great group of professionals that we call the “Ready Now” Regional Health Command-Atlantic,” said Brig. Gen. Paula Lodi, RHC-A commanding general, responsible for the medical readiness of the force and healthcare delivery at all Army medical facilities east of the Mississippi River, including Puerto Rico.

Regional Health Command-Atlantic Commanding General Brig. Gen. Paula Lodi speaks with Blanchfield Army Community Hospital frontline healthcare worker Ms. Candy Hampton in the hospital’s drive-thru COVID-19 testing center, Jan. 4. Lodi shared her appreciation with Hampton and other BACH staff who support the hospital’s COVID-response mission. (U.S. Army photo by Laura Boyd.)

Regional Health Command-Atlantic Commanding General Brig. Gen. Paula Lodi speaks with Blanchfield Army Community Hospital frontline healthcare worker Ms. Candy Hampton in the hospital’s drive-thru COVID-19 testing center, Jan. 4. Lodi shared her appreciation with Hampton and other BACH staff who support the hospital’s COVID-response mission. (U.S. Army photo by Laura Boyd.)

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AAA reports National Gas Price Average At Most Expensive Pump Price in Nine Months

 

AAAWashington, D.C. – Filling up is getting more expensive. On the week, nearly 20 states have gas price averages that increased at least three cents. Upward price movement at the state level has jumped the national gas price average up to $2.25, an average not seen since stay-at-home guidance was issued in mid-March.

The Energy Information Administration (EIA) measures weekly gasoline demand at 8 million b/d, up from the previous week, while gasoline stocks decreased about one million bbl down to 237.7 bbl.

National Gas Price Average highest of the year in December. (AAA)

National Gas Price Average highest of the year in December. (AAA)

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AAA says Crude Oil Prices Hit Highest Price Point in Nine Months

 

AAAWashington, D.C. –  AAA reports that pump prices increased on the week despite U.S. gasoline demand falling below 8 million b/d, the lowest weekly reading since June and the softest demand reading for the week of Thanksgiving since 1997.

At $2.16, the national gas price average is more expensive on the week (+4 cents) and the month (+5 cents), but cheaper (-42 cents) compared to last year at this time.

Crude oil prices hit nine month high. (AAA)

Crude oil prices hit nine month high. (AAA)

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United States Gasoline Demand, Supply, Imports Decline on the Week Along with Gas Prices

 

AAATampa, FL – Gasoline demand, according to the Energy Information Administration (EIA), back tracked for the week ending October 9th, 2020 decreasing from 8.90 million b/d to 8.58 million b/d.

Lower demand, even as total domestic stocks decreased by 1.6 million bbl to 225.1 million bbl and imports fell to their lowest rate since September 18th, has contributed to pump price decreases for the majority of the country.

National average is $2.16, which is two cents less than a week and month ago. (AAA)

National average is $2.16, which is two cents less than a week and month ago. (AAA)

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