The Lundberg Survey shows an increase in the current gasoline prices which is attributed to the higher prices of each barrel of crude.
The current gasoline price in Texas reflects an increase for three straight weeks, still lower than the national and statewide average.
The profits of Royal Dutch Shell fell for the second quarter of this year, mainly attributed to lower oil prices.
The gasoline prices in Sacramento started to move in the opposite direction from its consecutive downward trend.
Oil prices reached their highest level in two months due to stimulus hopes by the Fed and the growing tensions in the Middle East.
The current oil price briefly reached $90 per barrel after a government report shows that oil demand in the United States is rising.
Prices of crude oil increase with stronger euro currency and the US Navy’s firing of a small vessel.
The worsening economic slowdown of China and the resolution to the strike of Norway’s oil workers pushed the current oil prices lower.
The price of oil recently increased because of Iran’s threat to block the Hormuz Strait and the current strike in Norway’s oil workers.
Cities in Southern California continue to experience a fall in gasoline prices compared to the past months.