gas prices
gas prices Articles
Pump prices have reached an all-time high for this time of year — $3.53/gallon — and seem to be inexorably on a path to $4/gallon or even more. The rise is worst in California, where prices...
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Saab finally succumbed to its inability to get a car off the assembly line. The company has not produced a car since last April. It declared bankruptcy today. Zhejiang Youngman Lotus Automobile and...
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As the price for WTI crude oil continues to hover around $100/barrel, up from about $75/barrel just two months ago, consumers are seeing pump prices fall. The latest survey from AAA shows an average...
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The US Energy Information Administration’s weekly petroleum status report shows that the US commercial crude inventory fell by 6.2 million barrels in the week ending November 18th. Crude oil in...
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Demand is supposed to push gasoline prices higher as a holiday season approaches. The opposite is true this Thanksgiving week, and there is no ready explanation. The AAA Fuel Gauge shows the price...
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Oil prices are about $93 now. That is down from well over $100 a quarter ago, but is still not low enough to bolster the economy much. Consumers and many businesses are in too much trouble. NYMEX...
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Many economists believe that gasoline prices will continue to fall as the economy slows and oil stays closer to $80 than $100. Gas prices have supported that theory over the past few weeks. But the...
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In its July Market Report, OPEC predicts that demand for crude oil will rise by 1.32 million barrels/day in 2012. The International Energy Agency is predicting an increase of 1.5 million barrels/day....
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August oil futures quoted on NYMEX moved just shy of $100 this week. That number was $90 in late June. No amount of crude released from strategic oil reserves or a belief that demand in China will...
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Exxon Mobil Corp. (NYSE: XOM) has announced two oil discoveries in the US Gulf of Mexico, totaling more than 700 million barrels of oil equivalent. The finds are the company’s first since the end...
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The May ADP numbers are awful, showing that the US economy added only 38,000 private sector employees. Public sector jobs are likely to fall as well as austerity measures at the federal, state, and...
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The origins of Memorial Day date to the aftermath of the Civil War when people would decorate the graves of fallen soldiers to honor their service. Though the holiday still retains its reverential...
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