Energy Economy

Autumn Gas Prices Will Drop Further: AAA

U.S. drivers are already enjoying a year-over-year per-gallon cost savings of $0.24 for regular gasoline. Moreover, Friday's national average retail pump price of $2.60 is expected to drop by another ...
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Why Your Cooking Is Bad for the Environment and How to Make It Better

If you’re concerned about the health of the world around us, you’ve probably already adopted certain measures to help minimize your negative impact on the environment -- turning off unneeded ...
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How Much Has the Shale Boom Boosted GDP During the Great Recovery?

If you have been out to West Texas or driven through much of North Dakota where unconventional oil drilling has taken off, it's obvious that a lot of money gone ...
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US Gas Prices Lower for Fifth Consecutive Week

The national average price for regular gasoline slipped by 3.5 cents per gallon last week to reach $2.60, according to industry analysts at GasBuddy. Three weeks ago, the average was ...
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Who Cares About OPEC’s Monthly Oil Market Report Anymore?

There was a time when any pronouncement on the oil market from Vienna, home of the Organization of the Petroleum Exporting Countries (OPEC), was parsed with nearly the same care ...
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Why China Imports Much More Saudi Oil Than the US

Saudi Arabia has responded to the reimposition of U.S. sanctions on Iranian oil sales by directing more oil to China and less to the United States. According to U.S. Energy ...
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Get Ready for $2 Gas

The summer of 2019 is starting to look like the summer of 2016. That year, gasoline prices started below $2 a gallon in winter. They rallied slightly into the summer ...
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US Gas Prices Dropped 7 Cents Last Week

The national average price for a gallon of regular gasoline slipped by 6.8 cents per gallon last week to reach $2.63, according to industry analysts at GasBuddy. Two weeks ago, ...
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Oil US Keeps in the Ground Steadies at 665 Million Barrels

America's Strategic Petroleum Reserve is the largest supply of emergency oil in the world. After drawing down several million barrels in two of the past four months, the amount has ...
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Oil Demand Hit by Trade War

The gold standard of oil price and demand forecasts is the International Energy Agency's oil markets report. In the one just issued, its experts commented that the trade war has ...
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Renewable Energy and Electric Cars Pressure Oil Economically as Well as Environmentally

Investing in renewable energy gets a lot of attention for being the "right thing" to do to save the planet from the effects of climate change. Rarely, however, is it ...
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Few US Cities Are Meeting Their Clean-Energy Goals

A new survey of some 75 U.S. cities that have established greenhouse-gas reduction targets reveals that no more than a dozen are on track to achieve their objectives. According to ...
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This Is the Place With the Most Expensive Gas in the World

U.S. regular gasoline retail pump prices have been creeping higher since starting 2019 at a low of $2.24 a gallon. There is more than one reason for the rise, but ...
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US Gas Prices Continue Downward Trend

After breaking a weeks-long string of gas price increases two weeks ago with a 3.5 cent per gallon drop, the national average price for a gallon of regular gas slipped ...
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US Gas Prices Fell Last Week for the First Time in Weeks

After a steady string of increases, the national average price for a gallon of regular gasoline fell by 3.5 cents last week to reach $2.76, according to industry analysts at ...
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