Gasoline prices have been on a rollercoaster ride in 2023, hitting highs that left many drivers feeling the pinch at the pump. However, the outlook is changing, and it’s becoming increasingly clear that gas prices are about to drop significantly. In this article, we will delve into the factors behind this decline and explore why…
Gas prices experienced a surge this week, reaching 2023 highs, with an average of $3.87 per gallon nationwide according to AAA. Nonetheless, analysts deem that it is likely peaking and the use of winter-grade gasoline could start to bring prices down. Despite the relief consumers may experience soon, energy prices have caused worries regarding their…
On Wednesday, 10:07 AM EDT, American (AAL) was down 4.25%, Spirit (SAVE) tumbled 2.66%, and Alaska Air (ALK) lost 2.38%. In the commodities market, West Texas Intermediate crude (CL=F) traded 0.4052% higher while Brent crude futures (BZ=F) gained 0.3041%. Stocks for two major U.S. airlines, American Airlines Group Inc (AAL) and Spirit Airlines Incorporated (SAVE),…