Energy Economy

Pumping Gas

Gas Prices Rise To $4 In Parts Of Califonia

With the national average price for a gallon of regular at $1.83, the price in some parts of California is 120% above that. In some stations in the state, the ...
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Oil rig

Oil Rig Count Drops by 31, Hedge Funds Pile Up Short Positions

In the week ended February 5, the number of rigs drilling for oil in the United States totaled 467, compared with 498 in the prior week and 1,140 a year ...
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Five dollar bill

Gas Price Tops $5 in California

The price for a gallon of regular gasoline has risen to about $5 in San Francisco. The Chico's in Southern San Francisco charges $5.03, according to GasBuddy. For the most ...
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traffic Jam

Why President Obama’s $10-a-Barrel Oil Tax Will Go Nowhere

When the Obama Administration on Thursday proposed imposing a $10 per barrel tax on every barrel of oil produced in the United States., the reaction was muted because it didn't ...
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Blue Flame

Natural Gas Price Slips Following Lower-Than-Expected Inventory Drawdown

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 152 billion cubic feet for the week ending January 22. Analysts were expecting a ...
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oil tanks

Are US Crude Oil Storage Tanks About to Overflow?

The last time some analysts got jittery about the amount of crude oil in storage in the United States was March of last year, after the U.S. Energy Information Administration ...
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Disney

Gas Price at $5.99 Near Disney Resorts in Florida

The price of a gallon of regular gasoline is $5.99 at the Shell Station in Lake Buena Vista, Fla., the highest in the country, according to GasBuddy. The station sits near several ...
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sustainable energy

New Clean Energy Projects Dominate Power Growth

In 2015, new clean energy power generation capacity hooked to the U.S. power grid accounted for 68% of all new added capacity. Of a total of 23,500 megawatts of new ...
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Gas Pump Nozzle

Fuel Economy Rating Rises in January

The average fuel-economy rating for new vehicles sold in the United States in January 2016 was 25.1 miles per gallon, up from an average of 24.9 in December 2015. For ...
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Oil Barrels

Crude Oil Price Sinks as Inventory Rises by 7.8 Million Barrels

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 7.8 million barrels last week, maintaining a total U.S. commercial ...
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Vintage Gas Sign

Why Gas Drops to $1.27 in Oklahoma

Gasoline prices have dropped to $1.27 or less a gallon in 28 gas stations in and around Oklahoma City. It should be no surprise, because Oklahoma has the lowest gas ...
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fracking

Oil Rig Count Drops by 12, Hedge Funds Add Short Positions

In the week ended January 29, the number of rigs drilling for oil in the United States totaled 498, compared with 510 in the prior week and 1,223 a year ...
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Gas Can

Gas Hits $3.99 in California

Gasoline prices have dropped to about $1.80 per average gallon of regular nationwide. Much of this is due to oil prices that have fallen as low as $30 a barrel. ...
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Petrol pump

Gas Price Drops to $1.24 in Kansas City

The average price for a gallon of regular gasoline in the United States has dropped to just above $1.80. The national average does not mean much. All gas prices are ...
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Gas Pump Nozzle

Gas Prices Drop to $1.29 Across Oklahoma

Gasoline prices may hover around an average $1.80 per gallon of regular nationwide, but in places around Oklahoma the price has dropped to $1.28. The low Oklahoma prices should not ...
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