More often than not, retail gasoline prices start to move lower in the fall—but this is not a typical year.
gas prices
Ida is rivaling 2005’s Hurricane Katrina in terms of the impact on the U.S. energy sector, with prices rigid at 7-year highs.
Gas prices are at their highest since 2014, as Hurricane Ida leaves lasting impact on major U.S. refinery centers.
Gas prices have been holding relatively steady for the better part of the month.
The price for oil collapsed some 7.5 percent last week, but rebounded 8 percent during the first two trading days of the week.
Retail stations have to start selling a cheaper blend of gasoline by mid-September.
Though crude oil has experienced wild swings, the retail price for gasoline has barely moved over the past month.
Gas prices are rising to the highest levels since 2014.
California, with gas prices topping $4 per gallon, is skewing the national average higher.
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