"In the industry we call this a first quarter climb. Every year around this time, nationally prices go up because we switch over to summer blend gas," Mac explains. "Summer fuel gasoline is actually more expensive to produce." Refineries go through a maintenance cycle during the switch over...
The problem with dropping demand, of course, is the potential for the creation of a “supply glut” that leads to a continued suppression in oil prices. The headwinds to higher oil prices from the demand side come in a variety of forms:• Weak economic global growth over the last decade...
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 com...
Most of the electricity in the U.S. — about 40% — is produced by burning natural gas, the cost of which spiked to a 14-year-high last fall before dropping early in 2023. "A lot of utilities buy natural gas in the fall, and they try to spread it out over time so consumers don...
Oil damages the environment in other ways, such as the emissions oil produces into the atmosphere. Bryan Walsh says in his article, Over a Barrel, in TIME Magazine, that with the price of oil dropping, the urgency to find an alternative energy source is not where it should be. Walsh stat...
The $95 fee I ultimately paid to Renewable Recycling is "pretty standard" among mattress recyclers, Conway said. The expense covered mattress pickup from my Brooklyn apartment and transport to the company's warehouse in Oceanside, New York. (I could havesaved $55by dropping off the mattress ...
This is all the more relevant with Biden recently dropping out of the race. It wouldn’t be at all surprising for Republicans to clean up in this year’s election. Again, that’s not news that Democrats want to hear. However, investors seeking upside opportunities may consider turnin...
First off, these meats are delicious. Justcheck some of these reviews; they speak for themselves. Preppers, campers, and meat lovers all rate them as one of the “best survival foods” of all time. The bottom line is:This isn’t your father’s can of Spam! And not only does it tast...
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. WHAT IS HAPPENING? Gasoline prices hit ...
The 20% drop in gasoline prices in April, for example, will provide a welcome benefit to motorists. All that said, economists fear that sustained price declines would hinder, not help, economic growth. HOW? The main reason is that falling prices typically make consumers and businesses delay ...