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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessUS Gas Prices Fall on the Week: GasBuddy
US gasoline average pump prices are down 5.3 cents/gal from the previous week’s average to be $3.057/gal, according to GasBuddy.
- Prices have crept up 0.7 cents/gal since yesterday’s average.
- “As the nation’s average price of gasoline has fallen for the 13th straight week, we’re on the cusp of potentially seeing a $2.99 per gallon average for the first time in years, most welcome just in time for the Christmas holiday,” said Patrick De Haan, head of petroleum analysis at GasBuddy.
- The most common US gas price was $2.99/gal as of Dec. 18, according to GasBuddy, unchanged on the week.
- The largest net fall on the week was in Alaska, down 14.5 cents/gal to $3.61/gal. New Mexico saw the largest rise, up 5 cents/gal to $2.938/gal.
- U.S. retail gasoline demand saw an increase of 2.0% for the week ending December 16 (Sun-Sat), GasBuddy added.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.