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.
Read More →WASHINGTON – Gas prices climbed this week due to precautionary refinery shutdowns along the Gulf Coast, but AAA says experts expect prices to drop due to slow demand.
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WASHINGTON – AAA reported that gas prices are still moving higher, with the national average for self-serve gasoline at $3.70, which is up 8 cents from the previous week and up 31 cents from a month ago.
Read More →WASHINGTON – The U.S. Energy Information Administration (EIA) adjusted its short-term outlook for retail gasoline prices downward for April through September.
Read More →WASHINGTON - The average price for retail gasoline on the coast, including California, was $4.24 per gallon, according to the U.S. Energy Information Administration (EIA) even though the average nationwide price had fallen to $3.69 per gallon.
Read More →WASHINGTON - The U.S. Energy Information Administration said it revised its outlook for gas prices downward, now saying that it expects the average retail price of gasoline to be around $3.79 per gallon from through September.
Read More →WASHINGTON - The current average price for a gallon of regular gasoline is $3.82, which is 4 cents less than the price during the same time a year ago. This price is 11 cents cheaper than on March 30, 2011.
Read More →WASHINGTON – The Obama Administration has proposed a five-part plan that would give the Commodity Futures Trading Commission’s (CFTC) greater power to monitor and enforce trading in energy markets, such as oil and gas.
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WASHINGTON – Oil and gasoline prices have risen dramatically during the last month, with a mix of geopolitical pressures and speculation as the primary factors, based on information from AAA and the U.S. Energy Information Administration.
Read More →WASHINGTON – According to the AAA, crude oil prices and, consequently, gasoline prices edged higher due, in part, to the ongoing Euro Zone debt concerns and geopolitical tensions with Iran.
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