US Gas prices - up or down?

[chuck83]

At my local Shell it's 5.79 for 87 and 5.99 for 91. But that's cash price. Not debit/credit card price. They usually charge .5 to .10 cents more for debit/credit card usage.

[SteveAus]

In my neck of the woods in regional NSW, Australia, allowing for US gallon size and currency conversion, diesel is currently US$7.23/gallon. 2 weeks ago it was US$4.63 ☹️

[Lewis]

Reg Gas hit $2.05 per liter today in BC, while Diesel hit about $2.40 per liter at the high end, I travelled about 40 minutes to get a cheaper price at $2.05 per liter for Diesel yesterday.

 

Conversion to Gallons

$2.05 x 3.78541 = $7.76 ($5.67 USD)

$2.40 x 3.78541 = $9.08 ($6.64 USD)

[MullumMiss]

24 minutes ago, SteveAus said:

In my neck of the woods in regional NSW, Australia, allowing for US gallon size and currency conversion, diesel is currently US$7.23/gallon. 2 weeks ago it was US$4.63 ☹️

In my area of regional NSW Australia today diesel ranges from $2.74.9 to $2.89.9 per litre.  This morning it was slightly cheaper by a few cents.  

That equates to $10.40 to $10.97 per gallon.  Of course this is $AUD which means it would be less in $USD.  

We own 2 diesel cars and get around 950-80 out of a tank so if we are careful can last a couple of weeks.  However atm my husband is travelling for work as we recently moved and he is finishing jobs off from our last area where we lived.  It is a 238km one way trip so he stays a few days works then comes home a few.  We are trying to keep our cars topped up.  

[trottigy]

"Average" prices might be high for a while:

 

Quote

A rapid drawdown in gasoline prices would require an immediate end to hostilities in the Middle East and a reopening of the Strait of Hormuz, the marine chokepoint that used to ferry most Persian Gulf fossil fuel exports to the rest of the world. But even if the war were to prove short-lived, there’s no guarantee gasoline prices would return to pre-conflict levels any time soon. Many predictions are pricing in a prolonged recovery timeline, including those issued by Trump’s own analysts.

 

Gasoline costs in the U.S. for 2026, including taxes, could average around $3.34 a gallon, according to a projection published last week by the Energy Information Administration (EIA), a semi-independent statistical agency under the Energy Department’s purview. As things stand, things aren’t likely to improve much next year, with per gallon prices averaging out at $3.18, according to the EIA.

Short-Term Energy Outlook - U.S. Energy Information Administration (EIA)

 

Edited 5 hours ago by trottigy