US President Joe Biden, speaks during an arrival ceremony at Ben Gurion International Airport in Tel … [+] Aviv, Israel, on Wednesday, July 13, 2022. President Biden will seek to salvage relatio...
Tag: gas prices
‘Gasoline’ Exports Likely To Smash 2013 Record Easily
U.S. exports of gasoline and other refined petroleum products are setting a record pace in 2022, … [+] through May. ustradenumbers.com With prices for gasoline still elevated, U.S. exports of re...
Inflation Rises Again To 40-Year High—But Gas Prices May Help Drive That Down Soon
Topline Inflation is at its highest level since November 1981, according to data released by the Labor Department Wednesday, with consumer prices rising 9.1% from June 2021 to June 2022 and 1.1% from ...
Fuel, EV Prices Headed In Opposite Directions
SAN FRANCISCO, CALIFORNIA – Gas prices may be ebbing but not so for the price of electric vehicles … [+] according to CarGurus.com research. (Photo by Robert Alexander/Getty Images) Getty ...
What Do You Save With Electric Vehicles During High Gas Prices?
I often Tweet or write about the inevitability of the transition to electric vehicles (EVs). Every time I do, the inevitable (and often) angry responses are predictable: Too expensive. The infrastruct...
The Sudden Surge In Gas Prices Didn’t Happen Overnight. Here’s Why.
Emily Pickrell, UH Energy Scholar HOUSTON, TEXAS – JUNE 09: A gas pump is seen at a Chevron gas station on June 09, 2022 in Houston, … [+] Texas. Gas prices are breaching record highs as d...
Gas Prices Continue To Drop—Here’s How Far They May Fall As Oil Prices Crater
Topline Gas prices fell two cents Wednesday to $4.779 per gallon, according to AAA data, down 24 cents from its highest-ever recorded level of $5.016 last month, and are on track to continue falling—t...
88% Of Americans Say U.S. Is On Wrong Track
Topline A stunning 88% of Americans now believe the U.S. is on the wrong track and just 10% believe it is on the right track, according to a new poll from the Monmouth University Polling Institute, ma...
Biden Continues Gas Price Blame Game While Preserving His Leasing Ban
WASHINGTON, DC – OCTOBER 08: U.S. President Joe Biden and Secretary of the Interior Deb Haaland … [+] celebrate the announcement of the expansion of areas of three national monuments at th...
Gas Prices Drop Ahead Of July 4th–Here’s How Much Higher They Are Than Prior Years
Topline The average price for a gallon of gas was $4.822 nationally Saturday, according to AAA, continuing a steady decline after briefly topping $5 per gallon last month–but gas prices are still much...
EPA Targets Permian Basin, Widening Biden’s War On Oil And Gas
WASHINGTON, D.C. – APRIL 22, 2018: A flag with the United States Environmental Protection Agency … [+] (EPA) logo flies at the agency’s headquarters in Washington, D.C. (Photo by Rob...
Inflation Makes Biden Look Bad. But Corporate America’s Pro-China, Anti-Tariff Push Bound To Fail
Going up! Gasoline prices rising due to market speculation in oil futures, and lower supply, too, as … [+] Washington and Brussels’ disdain for fossil fuels exacerbates the problem caused ...
German Minister Warns Of ‘Catastrophic’ Industrial Shutdowns And Mass Unemployment If Gas Crisis Continues
Topline Germany’s economy minister Robert Habeck said the country’s federal government is attempting to stabilize energy supplies but warned of potential industry shutdowns and job losses if gas reser...
Powell Says Fed Will Continue Hiking Rates Until There Is ‘Compelling Evidence’ That Inflation Is Slowing
Topline Federal Reserve Chairman Jerome Powell pledged in testimony before Congress on Wednesday that the central bank is “moving expeditiously” to raise interest rates and remains “strongly committed...
Why A Gas Tax Holiday Probably Won’t Work
NEW YORK, NEW YORK – JUNE 01: A man fills up his motorcycle at a Manhattan gas station on June 01, … [+] 2022 in New York City. New York has suspended its gasoline tax beginning today for ...
Energy Stocks Jump As Oil Surges Again—Prices Will Remain Elevated Through Summer
Topline Energy stocks once again outperformed the rest of the market as oil and gas prices remain elevated due to inflation; despite ongoing risks to tight global supply such as Russia’s invasion of U...
A Strong Oil Industry Is Not Sustainable In Biden’s Confusing Policy Environment
WASHINGTON, DC June 30, 2021: President Joe Biden shakes hands with White House Chief of Staff Ron … [+] Klain before delivering remarks during a meeting discussing the devastating intersection ...
The Parable Of The Chicken Farmer And The Oilman
Farmer on poultry farm getty People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misunderstanding of how oil and gas ar...
The Most Fuel-Efficient Non-Electrified Used Cars You Can Buy
Buying a three-to-five year old fuel-efficient used can can save considerable cash at the pump. getty Everyone, except perhaps those who had the foresight to buy an electric car, is suffering the stin...
ExxonMobil Does Not Control Oil Or Gasoline Prices
FILE – The logo for ExxonMobil appears above a trading post on the floor of the New York Stock … [+] Exchange, Oct. 8, 2019. ExxonMobil is restructuring its business into three divisions a...
“Exxon Made More Money Than God” — But Far Less Than Apple
US President Joe Biden speak about the economy and inflation from the deck of the USS Iowa at the … [+] Port of Los Angeles on June 10, 2022. – US inflation surged to a new four-decade hig...
How Long Will The Era Of $5.00 Gasoline Last?
Gasoline $5.00 Sign getty A radio host asked me this week how long I thought the era of $5.00 gas at the pump would last. I replied that it would likely last as long as it takes for the price to rise ...
Exxon Mobil Shares Hit All-Time High As Oil And Gas Prices Keep Surging With No End In Sight
Topline Shares of energy giant Exxon Mobil surged to a new all-time high on Wednesday, continuing a stellar run this year on the back of rising oil and gas prices, which analysts warn could remain ele...
Gas Now Tops $5 A Gallon In These 13 States
Topline Average U.S. gas prices are now more than $5 per gallon in over a dozen states, according to the latest American Automobile Association data, as prices continue to climb to new record levels d...
Record Crack Spreads, $9.77 A Gallon Gas And Why Pump Prices Seem To Go Up Faster Than They Go Down
Average gas prices in the U.S. are surging toward a record $5 per gallon. Getty Images The most expensive gasoline in the United States can be found at the Chevron station in Mendocino, California, wh...
A Simple Way To Offset Higher Gas Prices
LOS ANGELES, CA-JUNE 1, 2022: Jim Moreno, 56, of Los Angeles, takes a photograph of the sign, … [+] showing the price of gasoline approaching close to $8 a gallon at the Chevron gas station loca...
No Relief In Sight For Gas Prices Or Biden
LONG BEACH, CALIFORNIA – MARCH 07 : In this composite image taken at the same gasoline station … [+] 43-years apart, the price differences are reflected decades later. Top photo, taken May...
Why Gasoline Prices Are Only Going Higher From Here
FILE – The gasoline price board is shown at a gas station in Menlo Park, Calif., March 21, 2022. A … [+] majority of Americans say they don’t blame President Joe Biden for high gasol...
We Need A Win-Win Energy Policy
Sweetwater in Texas aims to be the windpower capitol of the world. A pumpjack siphons oil in the … [+] foreground. Best known for the annual Rattlesnake Roundup Festival now also host the West T...
Biden Says The Quiet Part About The Energy Transition Out Loud
US President Joe Biden speaks during a news conference with Japan’s Prime Minister Fumio Kishida, … [+] not photographed, at the Akasaka Palace in Tokyo, Japan, on Monday, May 23, 2022. Ki...