AAA Daily Fuel Gauge Report for Friday, 1/31/25

National Average Price for Regular Unleaded Current: $4.926; Month Ago: $4.598; Year Ago: $3.078. National Average Price for Diesel Current: $5.805; Month Ago: $5.549; Year Ago: $3.225.

Flint Group announced today the acquisition of Eston Chimica SRL located in Padova, Italy. This acquisition follows Flint Group’s strategy to grow not only organically, but also through tactical acquisition. Eston Chimica manufactures and sells water-based inks for flexo and gravure applications to printers predominantly located in Italy and Southern Europe. The company supports key Paper & Board applications, such as corrugated, shopping bags, paper bags, and various other water-based print jobs. Eston Chimica is located in northern Italy, near Venice, and employs 32 people. Kim Melander, Vice President & General Manager EMEA and Global Strategy, Paper & Board, says, "Flint Group is very happy to join together with Eston Chimica. We have found the ‘right’ partner; a company who, with the dedicated support of its employees, has been very successful in recent years outgrowing the market as compared to other suppliers.” Click Read More below for additional information.

Weekly U.S. crude oil production hit the highest level on record last week, according to preliminary government data, in another sign of the resilience of American shale drillers. The United States produced 9.62 million barrels of oil a day in the week through Nov. 3, the U.S. Energy Information Administration reported on Wednesday. That just slightly topped a record high struck in June 2015, just before the oil price crash sparked a more than one-year decline that sent U.S. output to about 8.4 million barrels a day. Click Read More below for additional information.