gas prices
gas prices Articles
thinkstockToday’s report on U.S. crude oil and gasoline inventories underscores a story we have been trying to tell for several weeks now: crude oil and gasoline prices have nowhere to go but down....
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ThinkstockSince early March, Brent crude oil prices have fallen more than 13%, and conventional unleaded gasoline has come down 16% since early February. This could be just the beginning of sharply...
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thinkstockThe spot price for WTI crude briefly fell to $90.27 this morning and still trades well below yesterday’s closing price of $93.51. The AAA Daily Fuel Gauge reports that the average U.S....
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ThinkstockAfter a relentless two-month rise, gasoline prices have come down very modestly. The AAA Fuel Gauge report shows that the average price nationwide for a gallon of regular was $3.696...
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ThinkstockThe U.S. Energy Information Administration (EIA) said this morning that U.S. crude oil production topped 7 million barrels a day in the final two months of 2012. That is the highest volume...
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ThinkstockGasoline prices have risen again. Yesterday, according to AAA Fuel Gauge, the price of a gallon of regular nationwide cost $3.782, compared to $3.777 the day before and $3.347 a month ago....
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ThinkstockShare prices appreciated by at least 80% for most major crude oil refiners in 2012, a far better performance than turned in by the integrated oil companies, the oil services firms and,...
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ThinkstockJust last Thursday we said that gasoline prices, then at $3.628, could continue to rise until prices got to an average of around $3.80 a gallon. According to the AAA Daily Fuel Gauge...
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ThinkstockA convenient rule-of-thumb regarding gasoline pump prices is that for every $1.00 increase in the price of a barrel of Brent crude, the pump price will rise by $0.025. Today’s average...
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ThinkstockThe AAA said today that the average U.S. price for a gallon of regular gasoline rose 5.2% last week, the fastest growth spurt in nearly two years, and added $0.174 to a the price of a...
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thinkstockLooking back on 2012, it is hard to discern the biggest story in the oil and gas sector. The reshuffling of assets was certainly a contender, as was the huge growth in U.S. oil production....
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ThinkstockGasoline prices continue to fall, which could be a small counterweight to fiscal cliff effects. The national average price of a gallon of regular dropped to $3.248 yesterday, according to...
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ThinkstockGasoline prices have moved back almost to where they were a year ago. That means the drag of fuel prices on the economy becomes increasingly less likely. Only a few months ago, the...
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ThinkstockAAA’s Daily Fuel Gauge Report has the nationwide average price of a gallon of regular gasoline at $3.462. That is down from $3.521 a week ago and from $3.818 a month ago. A gallon of...
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ThinkstockDespite concerns that Hurricane Sandy might have hurt gasoline supplies and closed some refineries, gas prices continue to fall, and fall rapidly. According to AAA Fuel Gauge data, the...
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