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The projected price of gasoline for U.S. drivers between April and September will be around $2.45 per gallon, which is down more than a $1 from last summer, according to the U.S. Energy of Information Administration.
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According to a recent report from the U.S. Energy Information Administration, several fuel-efficient technologies that can deliver significant reductions in fuel consumption are currently or will soon be available for standard gasoline vehicles.
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The U.S. Energy Information Administration (EIA) released its Short Term Energy Outlook (STEO) for this month.
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Gas prices are falling across the U.S., with the national average price for a gallon of regular unleaded gasoline at $3.57 per gallon on June 24, according to AAA’s latest Fuel Gauge Report.
Read More →Highlights include data from 2011, including a 13-percent increase in overall consumption of alternative transportation fuels, a 52-percent jump in E-85 consumption, and a boost in biodiesel use.
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The U.S. Energy Information Administration (EIA) has released a report that details how much, and what types, of alternative fuels vehicles consumed in 2011 and how these consumption levels compare with previous years.
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AAA said despite the recent price drops, it’s too soon to say if retail gasoline prices have peaked during the spring driving season. Scheduled refinery maintenance and the need for many states to transition to summer-blend gasoline could still push prices up, according to AAA.
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The latest Fuel Gauge Report from AAA shows increased prices across the U.S. since last week, with 46 states seeing higher average prices for a gallon of regular, unleaded gasoline. Prices did fall in four states, though, including Ohio, Indiana, Michigan, and Kentucky.
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New reports from AAA and the U.S. Energy Information Administration (EIA) say that although fuel prices have been on the rise recently, they should start falling as oil prices fall and temporary production concerns are resolved.
Read More →WASHINGTON – The U.S. Energy Information Administration (EIA) has analyzed the validity of the conclusion of a recent report that said the U.S. could end up producing more crude oil than Saudi Arabia around the year 2020.
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