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Energy analysts predict that gas prices may have peaked, as prices have declined for the past week. Prices at the pump have been steadily rising since December, but analysts say that with last Friday’s high average of $3.94 per gallon, prices may have already hit their high water mark. Gov. Jan Brewer (R-AZ) has signed [...]
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So the most recent peak price of oil was $110 a barrel with a peak national average price for gasoline at the pump right at $4.00 per gallon. The price of oil recently dropped below $80/barrel and has been trading this past week in ... Read Post

Gas prices began rising around Labor Day and motorists have seen little relief since. Now, the Energy Department has boosted its pump-price predictions for the peak driving season, defined as April through September, and for the ful... Read Post

The chart above from GasBuddy.com shows that the national average retail gas price has been falling slowly, but steadily over the last three weeks, from about $3.92 per gallon in early April to $3.82 today, which is a 2.5% decline. ... Read Post