Why have gas prices gone up? (cover story)The article discusses the perspectives of Luis M. Bernal, executive director of the Puerto Rico Energy Committee, on gasoline prices. He explained that prices at pump stations are affected by structural, nonstructural and seasonal factors, as well as ...
Massachusetts gas prices have gone up about 5 cents over the last week, at around $3.37 per gallon. "Oil prices took a slight breather last week, falling by about one percent, but it could just be a rest stop on the way to higher prices," said Mark Schieldrop, Senior Spokesperson for...
For the Europeans, it has gone the other way, owing to their financial crisis. European motorists pay very high gas taxes, but as the euro has declined, European gas prices have escalated even faster than in America. When oil cost $142 at the peak, that translated to €99. They’re pa...
When international oil prices go down, many private gas stations can launch price promotions simultaneously, but the implementation of the "two barrels of oil" gas station is always the highest price. Sinopec will not depreciate in the mainland even in Hongkong. In view of this, the NDRC shoul...
» MORE: 5 gas apps to get you through the price surge Yes, gas prices have gone up The average per-gallon price of regular gas was $2.601 in 2019, according to EIA data. Then, following Russia’s invasion of Ukraine, the national average peaked at $5.016 per gallon on June 14, ...
Higher gas prices have also pushed up electricity prices because Britain generates around a third of its electricity from burning natural gas. Power supplies have become even more constrained than usual after ablaze at the electricity interconnectorat Sellindge shut down the undersea powe...
Rising natural gas prices affect us all—and electricity bills too. Here’s why it’s happening and what to do about it in plain language. Natural gas price forecast for 2022-23 included.
Gas prices continue to rise, which is finally giving Republicans an issue. Mitt Romney is demanding the President open up more domestic drilling; the super PAC behind Rick Santorum just released a new ad in Louisiana blasting the President on gas prices;
Even us Americans are starting to catch on that these new gas prices are here to stay. Although we drive 50% more per year than in 1970, our annual miles driven and gas usage have gone down for nearly a decade. Let’s hope this trend continues. ...
And this is where I think things have gone wrong. Because the Bank of England describes this as “the unexpected second-round effects.” But in effect, what the public have been asked to do was to take the gas price increases completely on the chin, not to rea...