according to data from the U.S. Energy Information Administration (EIA). So, a major reason gas prices are so high is that oil prices are still higher, on average, than they were before the pandemic and Russia’s invasion of Ukraine. That’s based on the price of West Texas Intermediate...
“The taxes for us constitute about US$0,52 of the prices. So, that is one of the major costs that can differentiate our prices.” Currently, the price per litre of petrol and diesel is US$1,51 and US$1,52, respectively, in Zimbabwe. However, compared to other Sadc landlocked countri...
Why so few diesel cars in the U.S.?DAN JEDLICKA
So, the EVs that are available must be capable of operating on the highway, at normal highway speeds – just like any other passenger vehicle. But in order to be capable of doing that, a very large, very heavy and very costly energy storage device is necessary. This device being the E...
In October 2021, former Prime Minister Naftali Bennett announced that Israel had set a goal of net zero emissions by 2050. A plan drawn up by the Israeli Ministry of Energy pledges that from 2030, Israel will completely ban the import of gasoline and diesel vehicles, and the import of cars...
It is also difficult to make a business case for change when electricity prices are artificially low in the current highly subsidized diesel-based system [32]. Part of the problem may be that utility companies are not typically allowed to profit on operating costs (fuel, labour, maintenance, ...
What keeps manufacturers from raising prices too high? Why is a high rate of inflation bad for the economy? Why doesn't the long-run aggregate supply curve have the price increases that are supposed to come with economic growth? Considering that diesel fuel is unrefined gasoline, why does gas...
For example, when gas prices rise, the cost of food tends to rise. The price of a gallon of diesel— which fuels farm equipment as well as trucks delivering inventory to stores — has increased 22% since the start of 2020, according to data from the U.S. Energy Information ...
For value investors, it's all about finding good stocks at good prices, and discovering which companies are trading under their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, Price/Cash Flow, and a host of other multiples...
We have all heard at least a partial explanation as to why West Texas Intermediate (WTI) and Brent prices are so far apart. We have been told that the Midwest is oversupplied because of all of the Canadian imports, and the crude oil cannot get down as far as the Gulf Coast, because ...