WASHINGTON, DC – JANUARY 24: President Donald Trump signs one of five executive orders related to … [+] the oil pipeline industry in the Oval Office of the White House January 24, 2017 in ...
Tag: gas prices
Russia’s War In Ukraine Might Have Pushed Millions Into Extreme Poverty, Researchers Warn
Topline Soaring energy prices triggered by Russia’s invasion of Ukraine could have pushed millions of people around the world into extreme poverty in 2022, researchers warned on Thursday, urging gover...
8 Consequential Energy Predictions For 2023
RIYADH, SAUDI ARABIA – DECEMBER 8: (——EDITORIAL USE ONLY â MANDATORY CREDIT – ‘ROYAL COURT OF SAUDI … [+] ARABIA / HANDOUT’ – NO MARKETING NO ADVERTISING CAMPAIGNS ...
Grading My 2022 Energy Predictions
Russian President Vladimir Putin chairs a meeting on the situation in the oil and gas sector at the … [+] Novo-Ogaryovo state residence outside Moscow, on April 14, 2022. – Putin called fo...
Tax Increases Won’t Lower Gas Prices At The Pump
SAN BRUNO, CALIFORNIA – OCTOBER 03: Gas prices over $6.00 a gallon are displayed Getty Images Governor Gavin Newsom believes California’s gas prices are too high. And he is correct. However, his...
Latest Winners And Losers From Recent Gas Price Trends
| Getty Images Key Takeaways Gas prices spiked in June 2022, reaching a national average of $5.00 per gallon. Prices have eased in the second half of the year, as a barrel of crude oil stands at close...
Energy Policy Is Too Often Inconsistent
SAN FRANCISCO, CA – APRIL 03: Demonstrators hold signs as they protest near the site of a … [+] fundraiser on April 3, 2013 in San Francisco, California. (Photo by Justin Sullivan/Getty Im...
Republican Wave Promises Shift In America’s Energy Policy
Senate Minority Leader Mitch McConnell R-KY speaks to the media after a Republican policy luncheon … [+] at the US Capitol in Washington, DC. (Photo by MANDEL NGAN / AFP) (Photo by MANDEL NGAN/A...
Biden Sacrifices National Security For Midterm Votes With SPR Drawdown
St. James Terminal, a marine unloading and distribution point for crude oil, a U.S. Department of … [+] Energy owned site located southwest of Baton Rouge, La., on the Mississippi River, is show...
This Election Season, Voters Face A Clear Choice On Energy Policy
US President Joe Biden delivers remarks on efforts to lower high gas prices on June 22, 2022 in … [+] Washington, DC. (Photo by Jim WATSON / AFP) (Photo by JIM WATSON/AFP via Getty Images) AFP v...
Here’s What We Bought In September According To The Census Bureau
Woman With Full Shopping Cart getty Well, dear reader, would you like the good news or the bad news first? Earlier this month, the U.S. Census Bureau released monthly results tackling our spending in ...
California’s Gasoline Price Blowout Is A Problem Of Its Own Making
SACRAMENTO, CALIFORNIA – SEPTEMBER 18: California Gov. Gavin Newsom speaks during a news conference … [+] at the California justice department on September 18, 2019 in Sacramento, Californ...
Gas Prices Near $4 Again, Continuing 2-Week Climb
Topline Average U.S. gas prices continue to climb back up, increasing for the 14th-straight day Saturday as ongoing issues from the war in Ukraine and Hurricane Ian impact supply – and higher prices a...
Why U.S. Shale Producers Aren’t Riding To The Rescue Despite Tight Oil Supplies
In an aerial view of oil pumpjacks at work in the Permian Basin oil field in Crane, Texas. A … [+] tightening global ban on Russian oil and other geopolitical realities may mean that oil produce...
Which Stocks Win And Lose As Gas Prices Go Up Again?
| Getty Images Key Takeaways Lower gas prices help retailers and airline stocks, but that doesn’t mean it’s the only factor influencing them. Oil and gas companies in adjacent sectors can be hurt by l...
The Strategic Petroleum Reserve Is At Its Lowest Level Since 1984
HOUSTON, TEXAS – APRIL 01: A person pumps gas at a Shell gas station on April 01, 2022 in Houston, … [+] Texas. The Biden administration announced Thursday that the U.S. will release up to...
Oil Prices Hit Seven-Month Low As Recession Fears Weigh On Demand
Topline Oil prices dropped more than 5% on Wednesday, falling to just over $80 per barrel and hitting their lowest point since January as rising fears that a global economic downturn will hurt demand ...
Why Did OPEC Cut Production For October Targets?
AFP via Getty Images Key takeaways On Monday, OPEC announced that it would slash oil production targets for October by 100,000 barrels per day The group of oil producers expressed concerns over weaken...
Where Have All The Refineries Gone? How Energy Politics Are Discouraging Critical Investments
Emily Pickrell, UH Energy Scholar SALT LAKE CITY, UT – MAY 24: Trucks line up to fill their tankers with gas and diesel to deliver to … [+] stations at Marathon Refinery on May 24, 2022 in...
Plunging Gas Prices Expose Fickle EV Flirtation
Declining gasoline prices are affecting interest in electric vehicles. getty When what went up, goes down, it doesn’t go alone. That’s what’s happened in the fickle flirtation betwee...
Natural Gas Prices Soar In Europe And Asia As Moscow Plots Closure Of Key Pipeline
Topline Natural gas prices in Europe and Asia have skyrocketed after Russia’s state-controlled Gazprom announced plans to temporarily close a key pipeline at the end of August for maintenance, deepeni...
Why Used EV And Hybrid-Car Prices Are Skyrocketing
The price of a used full-electric Nissan Leaf has risen by a whopping 43.8 percent over the past … [+] year according to the website iSeeCars.com McNally Multi Media With gas prices taking a big...
Dow Jumps 400 Points After Consumer Prices Cool Slightly In July—Has Inflation Peaked?
Topline The stock market surged higher on Wednesday after a better-than-expected inflation report for July, boosting investor sentiment as consumer prices fell for the first time in months, adding to ...
Gas Falls Below $4 A Gallon For First Time Since March
Topline The average price for a gallon of gas dipped below $4 on Tuesday morning for the first time in the U.S. since March, according to fuel pricing platform GasBuddy, a welcome milestone as prices ...
Enverus Lowers Oil Price Forecast, Rig Count Drops Amid Record Industry Profits
A new report from energy analytics and intelligence firm Enverus projects oil prices to continue to … [+] decline through the end of 2022. getty In the latest signal of a faltering oil market, e...
Germany Bails Out Energy Giant Uniper In Latest Sign Of Deepening European Energy Crisis
Topline The German government will take a 30% stake in flailing German energy company Uniper at a multibillion dollar price tag, the company announced Friday, in a massive bailout showing the dire con...
Russia Restarts Key Gas Pipeline To Europe After Fears Moscow Would Keep Taps Closed
Topline Russia has resumed gas supplies to Europe via a key pipeline after it was shut for repairs 10 days ago, the operator announced on Thursday, dampening energy prices and assuaging fears that Mos...
Don’t Bet On President Biden’s Promises That Oil Prices Will Drop
WASHINGTON, DC – Prices for gas at an Exxon gas station on Capitol Hill in Washington, DC. The cost … [+] of gasoline has dropped recently on fears of a recession. (Photo by Win McNamee/Ge...
Why Desperate Car Thieves Are Now ‘Drilling’ For Gas
Concurrent with the recent surge in fuel prices, gasoline thefts are reportedly on the rise. getty Auto-related crimes have risen dramatically throughout the pandemic era, with a record 936,315 being ...
Over Confident Markets Anticipate Steep Drop In Inflation
(Photo by Samuel Corum/Getty Images) Getty Images Inflation just printed at 9.1%, the highest level since 1981. But don’t worry, sayeth the ever-wise financial markets, it will fall back down ve...
Senators Tangle With Oil Experts In Hearing On Containing Energy Costs
Sen. Angus King, I-ME, during a hearing last year. Getty Images ‘Is your industry really that afraid of Joe Biden?’ Though gasoline prices are down 40 cents a gallon in recent weeks, Americans are sti...