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OPEC Deal Could Trigger Drilling Boom In U.S. Shale

OPEC Deal Could Trigger Drilling Boom In U.S. Shale

U.S. shale producers might be…

Has The NatGas Rally Come To An End?

Has The NatGas Rally Come To An End?

Although fundamentals in natural gas…

Whilst Gas Prices Fall, Oil Prices Rise

Another update: Gasoline prices declined recently, and are down about 8 cents nationally over the last 2 weeks. Brent crude spot prices increased to $117.48 per barrel two weeks ago, and then declined sharply to $108.49. However Brent has increased over the last few days to $113 per barrel.

We are still paying over $4 per gallon in California (I filled up on Friday and paid $4.15 per gallon.

Using the calculator from Professor Hamilton, and the current price of Brent crude oil, the national average should be around $3.67 per gallon. That is about 10 cents below the current level according to Gasbuddy.com

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