Energy Economy

Crude oil storage tanks around the world are filling up and rising production combined with lower pricing from Saudi Arabia is on track to oust the U.S. as the world's top crude producer.
Paul Ausick
U.S. retail gasoline prices have begun the week at an average per gallon of $1.97, the lowest average in four years, according to analysts at GasBuddy.
Paul Ausick
After falling below $2 a gallon last Friday, the national average gas price has continued to slide as crude oil prices plummet.
Paul Ausick
The teleconference meeting of the G20 ended Thursday without even a word about the collapse of the crude oil market. Now the market itself may have to do the heavy lifting and both the Saudis and the...
Paul Ausick
The oil and gas industry got nothing in the $2.2 trillion relief package approved late Wednesday by the Senate. Here's what that could mean.
Paul Ausick
Gasoline in the United States has fallen to about $2 a gallon and continues to slide. However, that price is nowhere near the least expensive in the world.
Douglas A. McIntyre
The sell-off in crude and plunging demand as people move indoors has driven gasoline prices down to $2.08 for the average gallon of regular nationwide.
Douglas A. McIntyre
Crude oil prices could drop to $5 a barrel because of the collision of the Saudi-Russian production spat and an almost certain crater of global demand.
Douglas A. McIntyre
Oil field regulators in Texas want the president to intervene in the Russian-Saudi price war in order to reverse the massive price drop in crude. Trump has indicated that he's thinking about it, but...
Paul Ausick
Some lucky motorists will be paying less than $1.00 a gallon for gasoline Thursday. That hasn't been possible for decades.
Paul Ausick
Oil prices have fallen so far that traders are befuddled. In turn, gasoline prices are sliding toward $1 per gallon.
Douglas A. McIntyre
Crude oil prices have dropped to near two-decade lows as the Saudis affirm their production increase and the coronavirus slices into demand.
Paul Ausick
Retail gas prices dropped by double digits in most of the United States over the course of the past week, and the national average price for a gallon of gas has reached its lowest level for the year...
Paul Ausick
Gas prices have plunged under $2 in a growing number of areas across the U.S. Extremely low oil prices and a fall-off in demand as fewer people travel creates a unique situation. Gas prices are at a...
Douglas A. McIntyre
With a declaration of a National Emergency around the coronavirus in the United States, President Donald Trump and the United States now have extra powers and capabilities to enact measures that will...
Jon C. Ogg