Fuel Tracker

Crude oil prices have been trending downward, due in large part to plentiful U.S. commercial crude oil inventories. But analysts are unsure whether that trend will continue. As of Nov. 29, more than 560,000 barrels per day of offshore crude oil production is still offline, and it may be months before that production is available, according to Energy Information Administration analysts. If import inventories continue at their current pace, there may not be enough supply to meet the demand, which could drive prices up again. The average price of U.S. gasoline per gallon was $2.15 as of Nov. 28, down 5 cents from Nov. 21. The price of crude oil per barrel was $58.35 as of Nov. 23, up 50 cents from Nov. 16. Pictured is a price chart since April.