Why Gasoline Prices Could Ease Soon ; Demand for Oil Has Dropped, Sending Its Price Lower. Another Factor: An Expected Slowing in the EconomyWhy Gasoline Prices Could Ease Soon ; Demand for Oil Has Dropped, Sending Its Price Lower. Another Factor: An Expected Slowing in the Economy...
Few things get Americans more riled up than rising gasoline prices. I was going to write "high gasoline prices," but whether gasoline prices are high is a separate question, and one I'll address at the end of this column. In contrast, it's undeniable that gasoline prices have been rising...
From the archive, updated for the current situation: We look at the forces behind rising gasoline prices and why you are paying more at the pump in 2022.
U.S. monthly average regular-grade gasoline demand and retail price, 2003-2022 (Source: U.S. Energy Information Administration) State tax rates Gas prices will vary from state to state — and even city by city — because each has its own tax rate for gasoline, which is added to the fed...
Gasoline prices usually rise and fall with the cost of oil, and crude has also been dropping. The U.S. benchmark price is down nearly one-fourth since early June. Other factors are also behind this year’s roller-coaster ride in energy prices. Advertisement WHAT IS HAPPENING? Gasoline ...
The upshot is this: for a given volume of intake air, a diesel engine simply can’t burn nearly as much fuel as a gasoline engine can; it has to run very lean to avoid smoking massively. And this explains why a diesel inherently makes less torque and power than a comp...
The article discusses reasons why the gasoline engine is likely to play a major role in American life during future years. Gasoline is relatively easy to transport and store, and it has a higher energy content than alternatives. Designing and building automobiles that use a different energy source...
Gasoline isn't immune to the supply-chain issues that have plagued every conceivable good in the time of coronavirus. Storms and hackers have shuttered production and transport of gasoline this summer, with Hurricane Ida temporarily closing most oil production in the Gulf of Mexico and several big...
To wit, back in May, Standard Chartered reported that the EIA has systematically underestimated transport fuel demand. According to the analysts, U.S. gasoline demand has been revised higher in 20 of the last 24 months, with an average revision of +146 kb/d, which is 1.6% of demand. ...
There is an important distinction between the price of gasoline in the U.S. and the price of crude oil in global markets that is often ignored in discussions of the impact of higher energy prices. This paper makes explicit the relationship between demand and supply shocks in these two ...