Automotive Fleet
MenuMENU
SearchSEARCH
Enter keywords to search across all content
NewsDecember 27, 2012

U.S. EIA Casts Doubt On Ability of U.S. to Become Leading Global Oil Producer

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 →
NewsAugust 30, 2012

Gas Prices Climb Due to Refinery Shutdowns, But Experts Still Expect Price Drops Soon

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.

Read More →
NewsAugust 16, 2012

Gas Prices Move Upward Nationally But See Major Regional Differences

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 →
Ad Loading...
NewsJune 12, 2012

U.S. EIA Revises Gas Price Outlook, Projecting $3.56 per Gallon Average for Rest of 2012

WASHINGTON – The U.S. Energy Information Administration (EIA) adjusted its short-term outlook for retail gasoline prices downward for April through September.

Read More →
NewsMay 22, 2012

Most U.S. Gas Prices Fall Though Refinery Issues Drive Up Prices on West Coast

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 →
NewsMay 10, 2012

Gas and Oil Prices Drop Due to European Economic Concerns

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 →
Ad Loading...
NewsMay 3, 2012

Gas Prices Falling Due to Slowing U.S., European Economies and Easing Tensions With Iran

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 →
NewsApril 17, 2012

White House Proposes Measures to Increase Oil Market Oversight and Illegal Trading Penalties

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.

Read More →
NewsMarch 1, 2012

Rising Oil Prices and Speculation Driving Recent Rapid Increase in Fuel Prices

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 →
Ad Loading...
NewsFebruary 21, 2012

Euro Zone Debt Concerns and Iran Tensions Push Oil, Gasoline Prices Upward

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.

Read More →