Gas prices rise 14 cents over last weekBy Shan Li
The U.S. Energy Information Administration says the drop in gas prices over the last two years is largely due to decreases in crude oil prices and increases in gasoline inventories. The Russian invasion of Ukraine initially destabilized the crude oil, petroleum products and natural ...
TRENTON, N.J. (AP) — Analysts say the gas price spike appears to be easing, but drivers in New Jersey and around the nation are still seeing higher prices at the pump.
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Analysis of gas price movements and gas price forecasts. Learn how gas prices are determined and what effect gas prices have on the economy. | Page 1
TRENTON, N.J. (AP) — Gas prices continued to rise in New Jersey and around the nation at large this past week, but analysts say a drop in demand and falling oil prices may soon bring relief at the pumps.
The average at this point in midterm cycles over the past century has been about 3%. We’re at more than 8% now, or nearly triple that long-term average. But like gas prices, the effect of inflation on midterm results has been far from predictable. Yes, the two years when there were...
MIAMI-Gas pricesover the upcoming Labor Day weekend will likely be the lowest in years. On Sunday, prices in the state averaged $3.29 per gallon, that's the lowest daily average price in two months. Early last week the state average jumped 8 cents, then reversed course and...
Over the past 15 years, the corporate centers of most oil and gas companies grew significantly, as a way to manage risk, leverage scale, and share scarce technical talent. However, many of the forces underpinning the drive to centralize have now eroded. The collapse in crude prices has made...
prices, peaking productivity gains (with rigs in the Midland basin having drilled an average of 47 miles of horizontal lateral wells over the year to June 2024), an all-time low inventory of drilled but uncompleted wells at 4,500, and the forecasted resurgence in global liquids consumption ...