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RBOB Gasoline Aug 24 (RBQ24.NYM)

NY Mercantile - NY Mercantile Delayed price. Currency in USD
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2.4505+0.0068 (+0.28%)
As of 05:39AM EDT. Market open.
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Pre. SettlementN/A
Settlement date2024-07-31
Last price2.4437
Day's range2.4459 - 2.4572

    Gasoline Prices in California Are Sky-High. State Officials Have a Plan for That.

    Most Americans are hoping gasoline prices don’t go over $4 this summer. Chevron and some other top gasoline producers in the state are fighting it aggressively, saying the move will backfire and potentially cause prices to rise even more. California’s attempts to find new ways to lower its sky-high gas prices highlight the state’s tricky transition to cleaner transportation fuels.


    The White House to Sell 1 Million Barrels of Gasoline. What It Means for Your Wallet.

    The Biden Administration is selling gas reserves ahead of July 4 in part to improve prices at the pump this summer. The 1 million barrels of gasoline stored in Maine and New Jersey are dwarfed by the nearly 350 million barrels of crude oil stored in the U.S. Strategic Petroleum Reserves. The Biden administration plans to sell nearly 1 million barrels of gasoline just in time for the summer driving season.

  • Reuters

    US to close Northeast gasoline reserve with 1 million-barrel sale

    WASHINGTON (Reuters) -President Joe Biden's administration will sell nearly 1 million barrels of gasoline in the U.S.-managed stockpile in northeastern states as required by law, the Department of Energy said on Tuesday, effectively closing the near decade-old reserve. The department created the Northeast Gasoline Supply Reserve in 2014 after Superstorm Sandy left motorists scrambling for fuel. Bids are due on May 28 and the Treasury Department's general funds gets proceeds from the sale, the department said.