The article reports on the increase in the gap between the prices of gasoline in Los Angeles, California and Houston, Texas in 2007. Based on data from the U.S. Energy Information Administration, prices gaps between the two cities have increased to its widest point during the year. Los ...
West Texas Intermediate crude oil, which had been selling for $105 a barrel at the end of March, fell to $80 a barrel last week, while Brent has come from $125 down to near $90. These price declines will translate into substantial savings for U.S. consumers in the weeks ahead. Since...
Chevron, which recently announced it is moving its headquarters to Texas, took the unusual step this week of submitting a letter to the chair of the Assembly Committee on Petroleum and Gasoline Supply contesting what it called “frankly ridiculous claims” of price gouging dri...
Gasoline cost $3.6746 per gallon on average on July 26, up from $3.5908 on July 12, based on a survey of about 2,500 retail stations. Trilby Lundberg, editor of the Lundberg survey said the rise in gasoline had nothing to do with crude oil prices because they fell during the two-week...
Texas Intermediate, traded in Oklahoma, and North Sea Brent. Historically these two prices were quite close, and it didn’t matter which one you referenced. But due to alack of adequate transportation infrastructure in the United States, the two prices have diverged significantly over the last ...
Following the dizzying spike in gasoline prices, the question arises when demand destruction will set in, where people start driving less, start taking it easier to conserve gas when they do drive, or start prioritizing the most economical vehicle in their garage....
decrease supply, which drives up the price of crude oil per barrel. Geopolitical events can also slow production and diminish supply. This happened with the Colonial Pipeline ransomware attack and the Texas Freeze. For these reasons it can be difficult to anticipate gasoline prices, or bring them...
Today’s national average is seven cents cheaper than last month and 51 cents less expensive than last year. The nation’s top 10 largest weekly changes were Delaware (down 7 cents), Indiana (up 6 cents), Ohio (up 6 cents), Michigan (down 4 cents), Florida (down 4 cents), Texas (...
The article talks about a report by the U.S. Energy Information Administration (EIA) that is looking into the potential implications should the restrictions on U.S. crude oil exports be lifted stating a change in the national energy policy may lead to reduced gas prices. 年份: 2015 收藏...
Prices fall 4% in December and should continue their seasonal decline until refiners start to get ready for the summer driving season.