fuel prices

Prices for Most Oil and Natural Gas Commodities Fell Significantly During 2015

January 5, 2016 by U.S. EIA: Today in Energy

Commodity Price Drops

The energy component of the widely followed S&P Goldman Sachs Commodity Index (GSCI) fell 41% from the start of 2015, a larger decline than the industrial metals, grains, and precious metals components, which declined 24%, 19%, and 11%, respectively, in 2015.[read more]

Why Are California’s Gasoline Prices So High?

September 29, 2015 by Severin Borenstein

Cali Gas Prices

“What?” you may be saying “Gas prices are lower than they have been in a long time.” You see, while oil prices have been falling across the country, the gap between California gas prices and the rest of the U.S. has climbed to higher levels for a longer stretch than at any time in the last 20 years.[read more]

Petroleum Refinery Outage in California Highlights Markets' Quick Price Reaction

March 3, 2015 by U.S. EIA: Today in Energy

Refinery Outages and Price Reactions

On February 18, an explosion and fire occurred at ExxonMobil's refinery in Torrance, California. The Torrance refinery is an important source of gasoline and distillate fuel oil supply for Southern California. Unplanned refinery outages can have noticeable effects on liquid fuel markets.[read more]

Energy Quote of the Day: 'The Lower Oil Price is Bringing More Deflationary Pressure'

February 12, 2015 by Edward Dodge

Oil Prices and Economic Risk

Cheaper oil has not been translating into economic growth over the last six months and falling oil prices have also stoked deflationary fears. Some countries have been using the drop in oil prices as an opportunity to raise gasoline taxes, slash fuel subsidies or both.[read more]

How Much Will Low Oil Prices Stimulate Demand?

February 2, 2015 by Geoffrey Styles

Oil Price Collapse and Demand

One of the main factors that will determine the depth and duration of the current slump in oil prices is the extent and timing of a resulting rebound in demand. It is likely to occur first in countries like the US, where fuel taxes are low and consumers see the results of lower oil prices at the gas pump relatively quickly.[read more]

Why $50 Oil Won't Last

January 26, 2015 by Robert Rapier

Oil Price Collapse Economics

I have received numerous questions about the role of a “drop in demand” in the oil price decline. These questions are driven by many stories in the media that have referenced a drop in demand. And there are two primary reasons given for this so-called demand drop.[read more]

Energy Quote of the Day: "OPEC Cannot Continue Protecting a Certain Price"

January 20, 2015 by Jared Anderson

OPEC and Price Protection

Implicitly or explicitly OPEC countries are battling with US oil producers over the commodity price. There is much evidence to suggest that given US production growth volumes and weak global demand, OPEC could only marginally impact prices by cutting production.[read more]

Oil Price Slide: No Good Way Out

November 7, 2014 by Gail Tverberg

Oil Price Collapse

The world is in a dangerous place now. A large share of oil sellers need the revenue from oil sales. They have to continue producing, regardless of how low oil prices go unless they are stopped by bankruptcy, revolution, or something else that gives them a very clear signal to stop.[read more]

Are You Driving the Right Car for an Oil Crisis?

July 31, 2014 by Amy Myers Jaffe

With further escalation in hostilities in Iraq as the militant group, the Islamic State of Iraq and Syria tries to lock down more oil and gas assets, it is hard not to worry that an oil crisis might be looming. So far, the looming global instability has not ratcheted up US gasoline prices.[read more]


Dollar a Gallon Gasoline

April 2, 2014 by Keith Henson

People have looked resource (and now climate change and global warming) disasters in the face so long that I am not entirely sure they are actually able to deal with something llike good news. It will be interesting to see how much flack I get for this article.[read more]

The Losing Economics of Investing in Aging Coal Plants: Part 1

March 30, 2014 by NRDC Switchboard

Economics are increasingly favoring investment in renewable energy at the expense of dirty coal energy. As the price of solar dips, the domestic demand for coal wanes and a growing number of companies are eager to get out of their investments in aging coal plants.[read more]

Charging Ahead Towards Dollar-a-Gallon Clean Fuel

November 18, 2013 by Max Baumhefner

Clean Fuel Price Future

The Charge Ahead California campaign to deploy one million electric cars, trucks, and buses in the state within ten years. The campaign’s goal marks an important milestone on our path towards a zero emission vehicle fleet needed to meet California’s long-term climate goals.[read more]

Cheap Oil, Expensive Gasoline

July 11, 2013 by Gal Sitty

Gasoline Prices

Lately, it seems like every other day there is a report about how the middle of the country is “awash in cheap oil,” thanks to an oil production boom. Conversely, consumers are still paying record-high prices to fill up their tanks at the pump.[read more]

Energy Efficiency: May The Cheapest Fuel Win

June 25, 2013 by Gal Sitty

Energy Efficiency GO!

It may come as a shock to many people who might believe that drilling more oil will decrease prices, but the facts clearly show that record levels of oil drilling coincide with record levels of oil prices.[read more]