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Energy / Gas Prices

Rising Gasoline Prices Push August Consumer Price Index Higher

Sep 14, 2023 at 08:21 | City A.M

US consumer prices increased by the most in more than a year in August amid a surge in the cost of gasoline, but a moderate rise in underlying…

Is Norway's Love For EVs Enough To Put A Dent In Fuel Demand?

Aug 28, 2023 at 08:25 | Rystad Energy

Road fuel demand in Norway has remained relatively stable even with soaring electric vehicle (EV) adoption, raising questions about whether EVs really have a material impact on diesel…

Automakers Push Back Against New 58 MPG Fuel Efficiency Proposal

Aug 01, 2023 at 08:19 | ZeroHedge

The Biden administration on Friday announced a proposal to require raising fuel economy standards to 58 miles per gallon. The proposal, from the…

Hot Weather Sends Ripples Through Natural Gas Markets

Jun 22, 2023 at 08:55 | ChAI

A year ago, Europe was in the midst of an energy crisis as the continent struggled to adapt to a new post-Russian gas reality. TTF prices, the European benchmark for…

European Natural Gas Prices Continue To Drop

May 08, 2023 at 09:40 | Tom Kool

Europe’s benchmark natural gas prices extended losses on Monday and began a sixth week of declines amid comfortable inventories and tepid gas demand in Europe and Asia.  The front-month futures…

Gasoline Prices: Why Do We Pay What We Pay At The Pump?

Mar 01, 2023 at 08:59 | Michael Kern

Gasoline prices can be unpredictable, fluctuating from day to day and even hour to hour. While it may seem like the cost of gasoline is arbitrary, there are actually several…

Europe’s Gas Prices Drop To The Lowest Level Since September 2021

Feb 13, 2023 at 09:55 | Charles Kennedy

Milder weather, the end of a supply outage in Norway, and expectations of stronger winds in northwest Europe sent on Monday European benchmark natural gas prices down by 4% to…

EU Weighs $100 Price Cap For Russian Diesel Sold To Third-Parties

Jan 27, 2023 at 07:55 | Tsvetana Paraskova

The European Union is considering setting a $100 a barrel price cap on Russian diesel to limit the potential fallout on global supply after the EU ban on…

Why Gasoline Prices Are Rising Today

Jan 25, 2023 at 07:50 | Tsvetana Paraskova

Refining margins in the United States hit $42.41 per barrel on Tuesday, more than double the five-year average for this time of the year, as refinery maintenance and…

EIA: Soaring Production Will Keep Natural Gas Prices In Check

Jan 18, 2023 at 09:33 | Charles Kennedy

Continued increases in U.S. dry natural gas production are expected to outpace domestic demand and exports this year and in 2024 according to the EIA Continued increases in U.S. dry…

Geopolitical Risk Premium In U.S. Gas Prices Is Evaporating

Jan 11, 2023 at 09:29 | Tsvetana Paraskova

U.S. natural gas prices are back to reflecting the domestic supply and demand balances, shaking off – for now – the geopolitical premium that ruled the energy and…

Did New York’s Tax Holiday Actually Help Reduce Gasoline Price Pain?

Dec 09, 2022 at 08:51 | Robert Rapier

This is an article that I am starting to write before I know the answer to the question I posed in the title. Earlier this year,…

Gasoline Prices Continue To Plummet In The U.S.

Dec 05, 2022 at 12:10 | Alex Kimani

After a relentless month’s long climb, U.S. national average gas prices have declined, falling 16 cents from a week ago to $3.403…

U.S. Drivers Could Get Under $3 Gasoline For Christmas

Nov 28, 2022 at 12:15 | Julianne Geiger

Drivers in the United States could be getting the gift of even lower gasoline prices this Christmas, according to GasBuddy’s head of petroleum analysis, Patrick De Haan,…

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…

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…

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