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gas prices

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
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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
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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]

The New Suburban Poor: More at Risk to Rising Gas Prices

May 30, 2013 by Gal Sitty
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the new poor?

Now that a greater portion of the poor are living in suburbs, communities that exist thanks to the invention of the automobile, they are likely to be even more vulnerable to the “regressive tax” that is high gas prices.[read more]

Memorial Day Driving By The Numbers [INFOGRAPHIC]

May 26, 2013 by Joseph Romm
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price at the pump

The oil industry uses high prices to make big profits, spends them to keep their tax breaks, and then pushes for more dirty, unconventional oil like Canadian tar sands — which will not have any impact on gasoline prices.[read more]

Lower Gas Prices, But for How Long?

May 4, 2013 by Gal Sitty
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gas prices

By now, who hasn’t heard about the oil boom in the United States? Higher oil prices and new extraction techniques are largely credited for creating a rash of new oil fields. But how much of a boom is this really?[read more]

Gas Prices Rise Despite Epic Oil Boom

March 12, 2013 by Sarah Battaglia
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Even with the current boom in oil production, we should not get our hopes up for a significant drop in prices. Although the world is producing more oil than ever, demand continues to soar.[read more]

Ending Virginia's Gas Tax: Smart Energy Policy?

January 11, 2013 by Geoffrey Styles
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Gas Prices via Shutterstock

I don't know if the Speaker of Virginia's House of Delegates intended a double entendre when he referred to the state gasoline tax that Governor Bob McDonnell (R) just proposed eliminating as a "dinosaur tax".  He was certainly correct that this tax is rapidly becoming outmoded as its capacity to keep pace...[read more]

Gas Prices During Natural Disasters

December 4, 2012 by Michael Giberson

One idea advanced by proponents of anti-price gouging laws is that after disaster strikes people should put aside their usual self-interests, join in with the community, and share in the burden of recovery. What these proponents often miss is that normal market adjustments will support a sharing in the burden of recovery, even among...[read more]

Is Gas Rationing Superior to Raising Prices for Consumers?

November 13, 2012 by Geoffrey Styles
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Gas Prices via Shutterstock

With New Jersey about to end the odd-even gasoline rationing imposed in the aftermath of Hurricane Sandy, we have an opportunity to consider whether this kind of response actually produces better outcomes than the price increases by which the market would normally balance supply and demand. Most of the defenses of "price gouging" that I've seen, including Matthew Yglesias's recent posting in Slate, tend to focus mainly on its supply-side aspects.[read more]