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Energy / Gas Prices

The Diminishing Effects of Gas Price Spikes on the Economy

Sep 20, 2012 at 17:35 | James Hamilton

As U.S. retail gasoline prices once again near $4.00 a gallon, does this pose a threat to the economy and President Obama's prospects for re-election? My answer is no.

Why North American Gas Prices Are So High

Sep 19, 2012 at 16:54 | Keith Schaefer

Driving gasoline is 50% higher today than in 2008 – relative to the price of oil. In other words, gas prices are nearly what they were in 2008...…

The Truth About Gasoline Price Volatility

Aug 23, 2012 at 14:53 | Gary Hunt

Nothing infuriates Americans more than volatile, spiking gasoline prices.  Often the causes given for gasoline price hikes seem contrived.  Iran and Israel trade harsh words in press reports and before…

U.S. Midwest hit by Perfect Gasoline Storm

Aug 06, 2012 at 17:24 | Daniel J. Graeber

Retail gasoline prices in the U.S. Midwest were as much as 50 cents higher than in the rest of the country. By Monday, the price of a gallon of regular…

EIA: Retail Gasoline Prices to Slip in 2013

Jul 12, 2012 at 17:39 | Daniel J. Graeber

U.S. retail gasoline prices should drop below the July average by 2013 amid depressed consumer demand and continuing declines in crude oil prices. U.S. lawmakers were in panic mode when…

U.S. Arrogance Triples Fuel Prices for Troops in Afghanistan

Jul 05, 2012 at 17:51 | John Daly

Most days, writing about energy issues is less interesting than watching paint dry, as a mind-numbing procession of barrels per day, investment infrastructure costs and bilateral memos of understanding make…

Why Are Gasoline Prices Falling?

Jun 25, 2012 at 17:17 | James Hamilton

West Texas Intermediate crude oil, which had been selling for $105 a barrel at the end of March, fell to $80 a barrel last week, while Brent has come from…

Gasoline is Expensive - Deal with it

Apr 18, 2012 at 17:31 | Daniel J. Graeber

The White House announced it was getting into the commodities game in an effort to protect consumers from some of the geopolitical factors spilling over into the retail gasoline market.…

Don't Believe David Frum, War with Iran will not Lower Gas Prices

Apr 18, 2012 at 17:11 | Juan Cole

I caught Republican strategist David Frum speaking on Erin Burnett’s magazine show on CNN Tuesday evening. I looked, but I couldn’t find a transcript yet, so this is from memory.…

So far High Gasoline Prices are not Affecting Inflation

Apr 16, 2012 at 17:19 | Ed Dolan

Recently many commentators have worried that rising gasoline prices will derail the fragile recovery of the U.S. economy. The latest inflation report from the Bureau of Labor Statistics shows…

Cheaper Gas for your SUV, Wade through the Politics

Apr 08, 2012 at 10:06 | Charles Kennedy

Gas will play a significant role in the November election in the United States, and though there has been a recent gain in biofuels that could lead to some

U.S. Corn-Ethanol Gas Push: Small Step in a Grand Project

Apr 05, 2012 at 17:22 | Charles Kennedy

As efforts to reduce US dependence on foreign fuel imports gain momentum, along with soaring gas prices, the federal government is moving towards allowing the wide distribution of gasoline mixed…

In Search of Big Oil Backing Romney Blames Obama for High Gas Prices

Apr 04, 2012 at 17:21 | Juan Cole

After his wins on Tuesday, Mitt Romney is clearly the Republican standard bearer in the 2012 election, and he is already flailing about attempting to find some mud to throw…

Several Reasons Why Gasoline Prices are so High

Mar 25, 2012 at 10:31 | Brian Westenhaus

When President Obama took office, regular gasoline cost $1.85 a gallon. Now its hit $4.00 per gallon in many cities, and some analysts predict it could reach $5.00 or more…

Republicans Back Sanctions Against Iran, but Blame Obama for High Gas Prices

Mar 22, 2012 at 18:30 | Juan Cole

President Barack Obama campaigned on energy issues on Wednesday, visiting a handful of oil wellheads on Federal land in New Mexico and a solar installation in Boulder City, Nevada.…

Energy Secretary Chu was Right, US Gas Prices Need to be Higher

Mar 19, 2012 at 16:45 | Ed Dolan

Why would a president want to bring an eminent scientist like Energy Secretary Steven Chu into government? In the hope, one would suppose, that he would speak truth to power.…

The Ugly Politics of Higher Gasoline Prices

Mar 18, 2012 at 09:20 | Gary Hunt

The impacts of higher oil and gasoline prices are beginning to ripple across the economy.  Wells Fargo Economics reported today that higher energy prices increased the producer price index (

Are Americans Becoming Inured to High Gas Prices

Mar 15, 2012 at 18:21 | Post Carbon

With the EU's debt crisis and the Iranian confrontation relatively quiescent, attention has turned to the incessant increase in U.S. gasoline prices. The Capitol Hill gas station, where at least…

Factors that could make $5 a Gallon Gas the Norm

Mar 06, 2012 at 10:57 | Dave Summers

It is hard to miss the recent rise in gasoline (gas) prices in the United States, and the rumblings that it has generated in the national press. It is a…

Reasons Why Gasoline Prices are so High

Mar 04, 2012 at 11:06 | Post Carbon

Here in northern California gasoline is now retailing for $4.20 a gallon. Prices haven’t been this high since mid-2008. Forecasts for $5 per gallon gas in the US this summer…

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