Latest news with #PatrickDeHaan
Miami Herald
2 days ago
- Automotive
- Miami Herald
Gas prices rise again in Florida. See the cheapest in your area
Gas prices in Florida are on a yo-yo string. After dipping and soaring over the past several weeks, prices have inched up this week. As of Monday, July 28, the cost of gas is up about 2 cents a gallon in Florida and the Miami area. Prices in South Florida are about 12 cents higher from a month ago but 28 cents lower than a year ago. 'While gas prices may shift from week to week, overall they tend to follow a relatively steady pattern,' said Mark Jenkins, spokesman for AAA – The Auto Club Group. 'As long as oil prices remain stable, drivers can expect pump prices to stay within their current range.' North Florida remains the cheapest to get gas in the state. Naples and Palm Beach County are among the most expensive areas. Here's what to know if you're commuting or traveling in Florida: Miami-Dade: The average price: $3.09 on Monday, July 28, a 2-cent increase from last week, according to GasBuddy's survey of nearly 1,700 stations in the region. Cheapest gas in the Miami area is $2.67 and the most expensive $4.35. Fort Lauderdale: $3.11, according to AAA, an increase of 3 cents from last week. West Palm Beach/Boca Raton: $3.23, according to AAA, a penny increase from last week. Average: The average price for a gallon of gas in Florida on Monday, July 28, according to AAA, is $3.08. Prices on Monday, July 28, according to AAA: Bradenton/Sarasota: $3.07 Daytona Beach: $3.08 Fort Myers: $3.10 Gainesville: $3.14 Jacksonville: $3.08 Lakeland: $3.10 Naples: $3.16 Orlando: $3.10 Panama City: $2.87 Pensacola: $2.87 Port St. Lucie: $3.11 Space Coast: $3.05 Tallahassee: $2.97 Tampa/St. Pete: $3.12 Villages: $3.11 Average: The average price for a gallon of gas across the country on Monday, July 28, according to AAA, is $3.14. ▪ Patrick De Haan, head of petroleum analysis at GasBuddy: 'It's been another relatively quiet week for average gas prices, with most states seeing modest or slight declines, while a handful of price cycling states experienced the most noticeable fluctuations. Oil prices continue to hover in the mid-to-upper $60s, and with gasoline demand starting to ease as we head into August, we could see prices gradually decline as we approach Labor Day. That said, this is also the time of year when the tropics begin to stir, so we'll be keeping a close eye on hurricane activity that could disrupt supply and shift the outlook.' There's an app to help: The GasBuddy app was built to show motorists prices around them and a fuel tracker can update users on stations that have or don't have fuel based on supply changes.
CTV News
11-07-2025
- Automotive
- CTV News
‘Not a sustainable operation': low gas prices may be short-lived
Some Winnipeg gas stations are selling fuel for roughly $1/litre and in some places, lower. Loading the player instance is taking more time than usual Loading the player instance is taking more time than usual If you've spent any time driving in Winnipeg's South End lately, you may have noticed some enticing prices at the gas pumps—but they may be short-lived. CTV News Winnipeg spotted a handful of gas stations along Kenaston and McGillivray boulevards, as well as Grant Avenue, with prices floating around one dollar per litre or less. However, experts say the price war and wildly fluctuating prices may not last long. 'They are not making much of a margin. That is really not a sustainable operation,' said Patrick De Haan, GasBuddy head of petroleum analysis. 'That's why there's a lot of stations that are not going to match that.' The price war appears to be unique to a few cities on the prairies. GasBuddy, a technology company that provides drivers real-time information about fuel prices, says gas prices remain above $1.40 per litre on both the east and west coasts.
The Independent
09-07-2025
- Automotive
- The Independent
Trump keeps claiming places are selling gas for $1.99. There is no proof to back that up
President Donald Trump has been gassing up low gasoline prices, repeatedly asserting that they're as low as $1.99, but there's little proof to support his claims. 'There's two states, three states that were selling gasoline at $1.99. You haven't seen that for a long time,' the president said at a press conference on Wednesday. It's not immediately clear which states he was referring to as nowhere seemed to have such low prices. The Independent has reached out to the White House for comment. Mississippi currently boasts the lowest gas prices in the country with an average of $2.69 per gallon. In the city of Gulfport, gas goes for $2.35, according to GasBuddy, a firm that tracks gas prices across the country. Oklahoma, Louisiana, and Alabama also have an average under $2.80, as of Wednesday, GasBuddy found. Gas is going for $2.31 a gallon at one station in Fort McLellan, Alabama, GasBuddy found. The national average was $3.16 a gallon as of Wednesday afternoon, according to AAA. While those prices are low, it's still a far cry from the $1.99 that Trump has been touting. Patrick De Haan, head of petroleum analysis at GasBuddy, told CNN that the last time he's seen states with average prices below $2 per gallon was in January 2021, following the Covid-19 pandemic, when people were driving less. Trump made similar remarks last week, when he declared: 'We have no inflation.' He then claimed multiple states boasted gas prices under $2: 'The gasoline just hit $1.99 today in 5 states.' In May, the president once again claimed gas prices were under $2 in some places. 'Gasoline just broke $1.98 a Gallon, lowest in years,' he wrote on Truth Social. One day before his social media post, RBOB Gasoline futures hit $1.98 per gallon, CNBC reported, perhaps explaining why Trump has been relying on that figure. Gas prices have fallen in recent weeks. The nation's average price of gasoline has declined for the second week in a row, according to GasBuddy data compiled from more than 12 million individual price reports covering more than 150,000 gas stations across the country. 'Nearly every state saw average gas prices decline for the second straight week, even as the nation celebrated July 4 with the lowest national average for Independence Day since 2020,' De Haan said in a statement.
CTV News
08-07-2025
- Automotive
- CTV News
‘Good old-fashioned price war': Some Calgary gas stations see prices near a dollar
Several Calgary gas stations were seeing lineups and packed pumps as drivers looked to take advantage of prices nearing a dollar per litre, a price point the city hadn't seen since the COVID-19 pandemic. Several Calgary gas stations were seeing lineups and packed pumps as drivers looked to take advantage of prices nearing a dollar per litre, a price point the city hadn't seen since the COVID-19 pandemic. Some stations saw prices as low as 102.9 c/L on Tuesday morning, while other locations—some within just blocks of the cheaper offerings—still saw prices at 122.9 c/L or higher. 'I mean, as an analyst, it makes you scratch your head how they're able to take it on the chin like that, but it looks like it's just a good old-fashioned price war. So, bottom line, enjoy it while you can,' said Patrick De Haan, the head of petroleum analysis with A lineup of about two dozen cars wrapped around part of the parking lot at the Mobil gas station in Shawnessy to fill up at 103.8c/L. 'I drive for Uber, so I'm trying to get the cheapest gas possible because it costs me a lot of money driving,' said Ryan Carpenter. 'I saw the price at $1.03 and figured this is a lot better than the $1.35 downtown.' Several Calgary gas stations were seeing lineups and packed pumps as drivers looked to take advantage of prices nearing a dollar per litre, a price point the city hadn't seen since the COVID-19 pandemic. Several Calgary gas stations were seeing lineups and packed pumps as drivers looked to take advantage of prices nearing a dollar per litre, a price point the city hadn't seen since the COVID-19 pandemic. According to the last time prices neared a loonie in Calgary was at the end of 2020. As of Tuesday afternoon, the price of regular gasoline in Calgary still sat at 128.6c/L, according to the gas tracking site. 'We have seen an incredible amount of volatility in the price of gasoline over the last couple of weeks. We've seen Middle East tensions flare up, the price of oil surging, then plummeting. So keep in mind that stations generally filled our underground tanks every two to four days. And with all that volatility, that can create a wildly varying environment,' explained De Haan. At a Tempo gas station in Sundance, drivers were able to fill up at 102.9c/L. 'I'm just happy as a consumer that's coming down a bit for us. It's a bit of a break considering all the cost of living has gone up in Calgary, so I appreciate what's going on,' said Dave Chow. Both Tempo and Mobil were back up to 122 c/L later in the afternoon.
Miami Herald
07-07-2025
- Automotive
- Miami Herald
Gas prices are up by double digits in Florida. Search for cheapest in your area
Gas prices have jumped again this week in Florida. The cost of gas is up by 10 cents a gallon in the state, including South Florida. But prices in the Miami area are about the same from a month ago and stand 43 cents per gallon lower than a year ago. North Florida remains the cheapest to get gas in the state. Naples and Palm Beach County are among the most expensive areas. 'Lower oil prices helped make this Independence Day one of the most affordable in recent years,' said Mark Jenkins, spokesman for AAA – The Auto Club Group. 'In Florida, however, prices continue to fluctuate week to week, as local stations adjust prices to remain competitive with nearby retailers. When prices eventually reach a low that's no longer profitable, retailers raise them back up. This strategy has fueled short-term volatility at the pump — even as national prices and other drivers relatively stable.' Here's what to know if you're commuting or traveling in Florida: Gas prices in South Florida ▪ Miami-Dade: The average price: $3.06 on Monday, July 7, according to GasBuddy's survey of nearly 1,700 stations in the region. Cheapest gas in the Miami area is $2.59and the most expensive $4.19. ▪ Fort Lauderdale: $3.09, according to AAA. ▪ West Palm Beach/Boca Raton: $3.24, according to AAA. Florida price at the pump Average: The average price for a gallon of gas in Florida on Monday, July 7, according to AAA, is $3.06 Gas prices around Florida Prices on Monday, July 7, according to AAA: Bradenton/Sarasota: $3.03 Daytona Beach: $3.06 Fort Myers: $3.08 Fort Walton Beach: $2.79 Gainesville: $3.12 Jacksonville: $3.05 Lakeland: $3.08 Naples: $3.14 Orlando: $3.05 Panama City: $2.84 Pensacola: $2.87 Port St. Lucie: $3.07 Space Coast: $3.03 Tallahassee: $2.95 Tampa/St. Pete: $3.08 Villages: $3.08 U.S. price at the pump Average: The average price for a gallon of gas across the country on Monday, July 7, according to AAA, was $3.14 What the experts are saying ▪ Patrick De Haan, head of petroleum analysis at GasBuddy: 'Nearly every state saw average gas prices decline for the second straight week, even as the nation celebrated July 4 with the lowest national average for Independence Day since 2020. That downward momentum may continue, as OPEC's weekend decision to boost production by a larger-than-expected 548,000 barrels per day in August adds further pressure to oil prices— potentially accelerating supply builds. If tensions in the Middle East remain contained and the Gulf is spared from major hurricanes, the odds are improving that the national average could dip below $3 per gallon later this summer, but in the meantime we could see the national average falling to its lowest summer level since the pandemic.' How to find cheap gas near you There's an app to help: The GasBuddy app was built to show motorists prices around them and a fuel tracker can update users on stations that have or don't have fuel based on supply changes.
