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gas prices

Oil Prices: Dead Cat Bounce or Have We Passed the Bottom?

February 9, 2015 by Robert Rapier

Oil Price Collapse and Recovery?

I have noticed that when oil prices are plummeting, traders tend to ignore bullish news, and when they are climbing bearish news is often shrugged off. While oil could resume its decline this month, the fact that the price of WTI rose despite news that should have sent it lower may indicate that we have passed the bottom.[read more]

Increase in Average Gasoline Prices Ends 17-Week Streak of Declining Prices

February 4, 2015 by U.S. EIA: Today in Energy

Gas Prices and Market Trends

EIA conducts a survey of gasoline prices each Monday, and the most recent survey showed the U.S. average regular retail gasoline price increasing for the first time in 18 weeks. The national price averaged $2.07/gallon on Monday, up 2.4 cents from a week earlier.[read more]

Low Gas Prices Tempt Consumers to Buy Gas Guzzlers, But They Should Resist

January 15, 2015 by Nick Nigro
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The effect the sharp price decline in gasoline prices will ultimately have on greenhouse gas emissions is not yet known, but a reasonable estimate is that emissions will rise as less efficient cars and trucks become popular for the first time in years.[read more]

U.S. Gasoline Prices End 2014 at Lowest Levels Since Mid-May 2009

January 9, 2015 by U.S. EIA: Today in Energy

Gasoline Price Collapse

Across the country, retail prices for regular grade gasoline reached the lowest levels in four years primarily as a result of falling crude prices in the second half of 2014. As of December 12, the weekly retail price for regular gasoline in each city for which EIA collects data was below $3.00 per gallon.[read more]

Raise the Gas Tax

January 7, 2015 by Lucas Davis
12

Gas Taxes and Energy Policy

On January 1st, California’s cap-and-trade program was expanded to include gasoline and diesel. Allowance prices are currently $12.58/ton (link), so this increases gasoline prices by $0.10 per gallon and increases diesel prices by about $0.13 per gallon. I strongly support this expansion.[read more]

Is President Obama Manipulating Gasoline Prices?

November 4, 2014 by Robert Rapier

For those who tend not to read much past the headline, the answer to that question is “No.” President Obama is not manipulating gasoline prices. If you want to understand a bit more about the issue of falling gas prices during election seasons, feel free to read on.[read more]

Where to Look for Yield During a Time of Low Gas Prices: Interview with Elliott Gue

September 14, 2014 by Jim Patrick

Since earning his bachelor's and master's degrees from the University of London, Elliott Gue has dedicated himself to investment in the energy sector, and was been referred to in the official program of the 2008 G-8 Summit in Tokyo as "the world's leading energy strategist."[read more]

Raising Gas Prices to Grow An Economy

August 19, 2014 by Lucas Davis

Gas Prices and Economies

Two weeks ago, Yemen increased gasoline prices from $2.20 to $3.50 per gallon, while increasing diesel prices from $1.70 to $3.40. These are significant increases. These reforms in Yemen bring the price of both fuels up to market levels.[read more]

Californians Can Handle the Truth About Gas Prices

August 12, 2014 by Severin Borenstein
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California Fuel Costs and Emissions

Concerns that cap-and-trade will drive up gas prices in California resulted in a letter from Assemblymember Perea and 15 other Democrats asking the California Air Resources Board to delay this expansion of the cap-and-trade program to include transportation fuels from January 1, 2015 to January 1, 2018.[read more]

The Shale 'Revolution' Is About Gas Prices & Oil Production

July 17, 2014 by James Coleman
1

Shale Gas Boom and Effects

I’d like to make a quick point about the “shale revolution,” which may be old news to those immersed in North American energy policy but might be helpful to those just starting to think about the wider implications of increased North American production of oil and gas.[read more]

A Perspective on U.S. Gasoline Prices Heading into Fourth of July Weekend

July 4, 2014 by U.S. EIA: Today in Energy

US Gas Prices

On Monday, June 30, the national average retail gasoline price was $3.70 per gallon. Although this is the highest average heading into the Fourth of July holiday since 2008, gasoline prices in 2014 have remained well below the spring peaks reached in each of the previous three years.[read more]

Global Gas Guzzlers

December 4, 2013 by Lucas Davis

Guzzling Gas

Recently I have been spending a lot of time thinking about global fuel subsidies. The most extreme example is Venezuela, where gasoline costs only 6 cents per gallon. That’s not a typo. The price in Venezuela is less than 1/50th of what I pay in California.[read more]

Cheap Oil, Expensive Gasoline

July 11, 2013 by Gal Sitty
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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]

Gasoline Prices and Real Help for Consumers

July 8, 2013 by Mark Green
2

API Chief Economist John Felmy’s reporter briefing Thursday focused attention on two paths: one that will increase domestic production of oil and natural gas and one that won’t. Unfortunately, the administration – via proposals to increase energy taxes and a new wave of questionable regulation – looks headed down the wrong path, a recipe...[read more]

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Busting Big Oil Myths, Part IV: Gas Prices

June 14, 2013 by Geoff Cooper
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Big Oil Prices

Ethanol's ability to extend the gasoline supply and displace costly petroleum-derived octane sources has resulted in real savings at the pump for the nation's consumers.[read more]