Energy Economy

At least two things have happened to affect the ability of people to pay their energy bills in America. Millions of people are still out of work. According to the Bureau of Labor Statistics, this was...
The state with the highest average price of gasoline by far is California.
Several factors contribute to gasoline prices. The largest, by far, is the price of oil, which may be headed for $80 a barrel before the end of the year.
Demand for refined crude oil products will reach a peak in just over a decade and decline to levels lower than those set in the pre-pandemic year of 2019.
There are several factors that affect gas prices. Crude oil is the first among those. The cost of refining is another. Refineries are shut down from time to time, either because of weather or...
The history of wildfires in U.S. history is muddy. Some of this has to do with how long records have been kept. Another has to do with whether modern analysts accept information that is over a...
The current average price for a gallon of regular gas in the United States is more than $3 and almost a dollar more than a year ago.
West Texas Intermediate crude oil prices jumped above $100 in 2008 and again in 2014. In May 2008, they briefly rose above $150. Circumstances are such that more and more analysts expect a spike in...
Some options traders expect oil prices could reach $100 a barrel next year. The economic fallout of that would be tremendous.
The United States has "opened up" as COVID-19 cases and deaths have fallen, and 19 states currently have average prices for a gallon of regular at or over $3.
The International Energy Agency's new report on reaching net-zero carbon emissions by 2050 includes the virtual elimination of fossil fuel use.
Thirteen states currently have average prices for a gallon of regular at or over $3. California tops that list.
A number of nations have gasoline prices much higher than in the United States, and American drivers can count themselves as lucky.
Gasoline prices have reached multiyear highs. Thirteen states have prices above $3 for a gallon of regular.
Gasoline prices have been rising rapidly since the beginning of 2021 and along with the price increases has come an increase in aggressive driving, according to a survey by GasBuddy.