Gasoline Prices Creep up to Three-Year High

Gasoline Prices Creep up to Three-Year High

This December, U.S. motorists can look forward to the equivalent of a lump of coal in their stockings.

This December, U.S. motorists can look forward to the equivalent of a lump of coal in their stockings.

The national gas-price average is at $2.51, which is 38 cents more than this time last year. While AAA expects gas prices to decline between now and the end of the year, motorists will pay the highest November and December gas prices since 2014.

“Despite a forecasted 5- to 20-cent decrease in coming weeks, motorists will see higher than expected December gas prices – especially compared to year-end prices from 2015 and 2016,” said Jeanette Casselano, AAA spokesperson. “Driving factors for cheaper gas prices this winter include colder temperatures, the threat of inclement weather and online shopping.”

In 2017, gas prices have strayed from typical trends. Historically, year-end gas prices tend to be relatively cheap due to a drop-off in fall gasoline demand around Labor Day and the move to cheaper-to-produce winter-blend gasoline in mid-September.

This year, the typical factors that drive gas prices down in winter were outweighed by the impact of two major hurricanes, steady consumer demand and continued growth in gasoline exports.

AAA highlighted these trends:

  • Highs and Lows – Summer driving season traditionally brings the highest gas prices of the year and year-end brings the lowest, but not this year:
    • 2017 high – $2.67 on Sept. 11
    • 2017 low – $2.23 on July 5
  • Exports: According to the Energy Information Administration, in the first half of 2017 U.S. exports of total motor gasoline averaged a record high of 756,000 b/d, a 3-percent increase from the first half of 2016. The second half of 2017 has seen this trend continue to climb, with exports peaking to one of their highest points in 2017 – 906,000 b/d – last month.
  • Production: According to Baker Hughes, the total oil-rig count is currently 747, which is 273 more rigs than last year’s count at this time.

For more information, visit the AAA website.

You May Also Like

Fix Network Gears Up for Orlando Conference

The magic and inspiration of Orlando will set the stage next month for Fix Network’s long-awaited 2023 Global Conference.

Fix Network announced it is gearing up for its "Shaping the Future" conference for franchisees Oct. 4-7, 2023 at the Hyatt Regency Grand Cypress Resort. Franchisees from around the world will represent Fix Network’s brands of Fix Auto, NOVUS Glass, ProColor Collision and Speedy Auto Service.

“We are excited to welcome our franchisees to Orlando and look forward to them reconnecting with one another, meeting our newest franchisees and learning about the latest industry and business trends,” said Steve Leal, president and CEO of Fix Network. "'Shaping the Future' is a call to action for our franchisees, employees and suppliers to lead the way in defining the industry’s future.”

John Bean Products Showcased at Auto Glass Week

The award-winning John Bean Tru-Point ADAS calibration tool and V3300 diagnostic wheel alignment system were demoed at the recent 2023 Auto Glass Week held in Virginia Beach, Va.

CAPA Integrates CAPA Tracker into Mobile App

Users will now be able to enter part information into the CAPA Tracker seamlessly through the CAPA app.

ASE Education Foundation Updates Accreditation Standards

The ASE Education Foundation has recently revised its accreditation standards for truck and collision training programs, specifically focusing on tasks, tools and equipment related to high-voltage systems.

RDA Holds Fall IMPACT Performance Conference in Denver

The Refinish Distributors Alliance held their Fall Membership Meeting Sept. 20-22, 2023 at the Embassy Suites Downtown Denver, Colo.

Other Posts

AASP/NJ Celebrates Return of Lou Scoras Annual Golf Outing

The AASP/NJ recently celebrated the return of its annual Lou Scoras Memorial Golf Outing at Knob Hill Country Club in Manalapan, N.J.

Consolidator Report

Consolidation news from the week of Sept. 18.

Association News

The latest association news appearing on

Top 5 Stories of the Week

A recap of the top five stories on during the week of Sept. 18.