Analysis of gas price movements and gas price forecasts. Learn how gas prices are determined and what effect gas prices have on the economy.
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US natural gas futures fell over 6% to below $4/MMBtu, retreating from a two-year high as forecasts pointed to milder weather in February. The American weather model shifted significantly warmer overnight, reducing heating degree days (HDD) by 13. Prices rose in the previous three sessions ...
the change in the natural logarithm) andztthe percentage gap in cost (technically,zt= ln(ot/6gt)). If you use a regression to try to predict oil prices from their own lagged values and the lagged oil-gas cost gap, a positive gap such as we have at the moment does tend to tug dow...
Trump victory's impact on the energy sector President-elect Donald Trump vowed to cut U.S. energy prices by 50% within one year of taking office. He is also expected to loosen regulations on oil and natural gas companies. Patrick De Haan, the head of petroleum analysis for GasBuddy.com,...
Gas prices in Wyoming have risen about 13 cents a gallon in the last week, averaging $3.10/g today, according to GasBuddy's survey of 494 stations in Wyoming. The state's cheapest gas this morning was priced at $2.73 in Casper at Sam's Club, Ridley's on Wyoming Boulevard, the South...
Gas today plays a major and steadily-increasing role in power generation (19% of world electricity in 2002). While gas prices have been low and gas turbines relatively cheap and quickly built, it has been a most attractive fuel. It has the distinction of giving rise to less carbon dioxide...
Average gasoline prices in Wyoming have fallen 2.8 cents per gallon in the last week, averaging $3.27/g today, according to GasBuddy's survey of 494 stations in Wyoming. Prices in Wyoming are unchanged versus a month ago and stand 9.8 cents per gallon lower than a year ago. ...
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Prices in March rose 3.5% on an annual basis, higher than the 3.4% expected by economists polled by financial data services company FactSet. It also represents a jump from February's increase of 3.2% and January's bump of 3.1% on a year-over-year basis. The latest acceleration in pri...