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The U.S. Shale Boom Is Officially Over

The U.S. Shale Boom Is Officially Over

While U.S. oil and gas…

Oil Rout Intensifies As China Cuts Oil Purchases

Oil Rout Intensifies As China Cuts Oil Purchases

The selloff in oil continued…

Energy / Gas Prices

Four Reasons Why The U.S. Is Grappling With A Diesel Shortage

Nov 04, 2022 at 09:44 | Robert Rapier

Last week, the Energy Information Administration (EIA) reported that distillate inventories were at their lowest levels since 2008. (The primary distillates are diesel,…

Gasoline Prices Could Return To $5 Per Gallon

Sep 27, 2022 at 06:58 | ZeroHedge

A short respite from rising oil and gasoline prices is about to end as 2022 comes to a close.  The reasons are numerous, but almost all of them…

Why Is The UK Sending Gasoline To America As Prices Explode?

Jun 10, 2022 at 11:02 | Tsvetana Paraskova

The UK shipped 1.85 million barrels of gasoline and gasoline blending components to the United States in May, the highest monthly exports of those products since December 2021,…

There’s No Immediate Cure For Sky-High Gasoline Prices

Jun 03, 2022 at 10:39 | Tsvetana Paraskova

Since gasoline prices started surging at the end of last year, the U.S. Administration has been saying that it would consider and potentially use every tool at its…

Is $5 Gas Inevitable?

May 27, 2022 at 11:52 | Robert Rapier

As Russian troops were massing on Ukraine’s border back in February, I wrote Russia Is A Major Supplier Of Oil To The U.S.…

U.S. Consumer Spending On Gasoline Has Doubled In 12 Months

May 19, 2022 at 11:00 | Charles Kennedy

The average U.S. household’s gasoline expenditure has jumped to $5,000 a year over the past 12 months, from $2,800 this time last year, according to new research. And…

Truckers Are Facing An Existential Crisis As Fuel Prices Soar

May 19, 2022 at 10:40 | ZeroHedge

Avery Vise, vice president, trucking for transport consultancy FTR, has some advice for owner-operators struggling with a massive spike in diesel fuel prices and plunging spot market rates:…

Gasoline Prices May Have Finally Peaked

May 09, 2022 at 08:52 | Robert Rapier

Following Russia’s invasion of Ukraine and the subsequent sanctions on Russian oil, the price of crude oil rapidly climbed above $120 a barrel. Gasoline prices — which had…

Tight Oil Markets Are Sending Fuel Margins Through The Roof

Apr 08, 2022 at 11:30 | Alex Kimani

The oil price rally has really cooled down over the past two weeks, with oil prices declining to levels last seen prior to Russia's invasion of Ukraine. Brent…

Are You Really Being ‘Gouged’ At The Gas Pump?

Mar 28, 2022 at 12:36 | Robert Rapier

I have gotten a lot of questions recently about when we may see some relief at the gasoline pump. Complaints have grown in recent days, because oil prices…

Soaring Energy Prices And Stimulus: A Toxic Cocktail

Mar 25, 2022 at 13:09 | ZeroHedge

I have to repeat yet again that this is not just a war but an economic war, and not just a crisis but a metacrisis. As such, the…

Biden Is Growing Increasingly Desperate To Curb Gasoline Prices

Nov 29, 2021 at 10:44 | Robert Rapier

Last week a friend from Uganda told me that gasoline prices have risen by 50% there. I asked him who the people blame. “Our President.” So, there you…

The True Cost Of The Energy Crisis Is Yet To Be Seen

Oct 27, 2021 at 11:52 | Tsvetana Paraskova

Consumers all over the world have already started to feel the pinch of the global natural gas crisis and surging prices in Europe and Asia. Households in Europe…

U.S. Residential Natural Gas Bills To Jump 30% This Winter

Oct 25, 2021 at 13:27 | Tsvetana Paraskova

A total of 48 percent of U.S. homes will pay 30 percent higher bills for heating this winter, as 48 percent is the share of U.S. households that use gas…

Cold Winter Will Leave Europe Short On Gas Unless Russia Boosts Supply

Oct 08, 2021 at 12:54 | Tsvetana Paraskova

Europe may not have enough natural gas to meet demand in a cold winter, especially if Asia’s winter is cold too, unless Russian gas deliveries to European customers are increased,…

Natural Gas Prices Plunge As Putin Promises More Supply

Oct 06, 2021 at 15:20 | Julianne Geiger

Natural gas futures mercifully slipped 10% on Wednesday after Russian President Vladimir Putin promised that the gas-rich nation would send more natural gas to Europe. Gas prices…

Gas Prices In Europe Are Now The Equivalent Of $205 Oil

Oct 05, 2021 at 10:44 | Tsvetana Paraskova

The benchmark European gas prices continue their rally this week, surging to new record highs on Tuesday to an equivalent of $205 a barrel oil, amid a wider energy commodity…

Nord Stream 2 Comes Just As European Gas Prices Reach 13-Year High

Sep 15, 2021 at 13:22 | Tsvetana Paraskova

The sooner Nord Stream 2 is commissioned and launched, the better chance the Russia-led gas pipeline to Germany will have to balance surging gas prices in Europe, including on the…

Kremlin Spokesman Assures Markets Nord Stream 2 Will Stabilize Natural Gas Price

Sep 15, 2021 at 11:00 | City A.M

The Kremlin today said that a rapid start-up of the controversial Nord Stream 2 pipeline would help to correct sky-high gas prices across Europe amid a squeeze in…

U.S. Natural Gas Prices Jump To 29-Month High On Extreme Weather

Jun 28, 2021 at 10:04 | Tsvetana Paraskova

U.S. natural gas prices jumped last week and early on Monday amid a tight natural gas market and expectations of high demand for electricity in hotter than usual weather in…

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