Energy Economy - Page 2

OPEC Crude Production Slipped in February on Saudi, Venezuelan Reductions

In its Monthly Oil Market Report for March, released Thursday morning, the Organization of the Petroleum Exporting Countries (OPEC) noted that the cartel's month-over-month average price for its reference basket ...
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This Is the Place With the Most Expensive Gas in the World

U.S. gasoline prices have been creeping higher since reaching a low of $2.24 a gallon in the first week of January and currently are sitting at around $2.49 a gallon. ...
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US to Lead Oil Supply Growth Over Next 5 Years

Between 2019 and 2024, global demand growth for crude oil will rise by as much as 7.1 million barrels a day. The United States will supply 70% of that growth, ...
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Winners and Losers as Norway Discloses Plan to Sell Some Oil Stocks

Norway's Ministry of Finance announced Friday morning that it has proposed that the government's sovereign wealth fund, officially known as the Government Pension Fund Global, sell its equity holdings in ...
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Natural Gas Price Holds Following Expected Inventory Withdrawal

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 149 billion cubic feet for the week ending March 1. Analysts polled by Reuters ...
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EPA Reports Record Auto Fuel Economy, Greenhouse Gas Emissions

The U.S. Environmental Protection Agency (EPA) released Thursday its annual report on new car fuel economy and greenhouse gas (GHG) emissions. For model year 2017, new car fuel economy reached ...
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Gas Prices Continue Marching Higher

The price for a gallon of regular gasoline rose by four cents last week to post a national average price of $2.43 a gallon. The increase marks the third straight ...
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Natural Gas Price Trades Sideways After Expected Withdrawal

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 166 billion cubic feet for the week ending February 22. Analysts polled by Reuters ...
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10 States With Very Cheap Gas Prices

While gasoline prices are rising across the United States, the average price per gallon of regular is still below $2.50 at about 80% of stations. However, prices are well below ...
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Latest Gas Prices Notch Biggest 2019 Increase

The price for a gallon of regular gasoline rose by more than six cents last week to post a national average price of $2.39 a gallon. The weekly increase is ...
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Slower Texas Manufacturing Growth Followed by More Optimism Ahead

The Federal Reserve Bank of Dallas has released its latest Texas Manufacturing Outlook Survey, and factory activity in the Texas region continued to expand in February. Its key production index ...
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Natural Gas Price Rises on Another Big Storage Drawdown

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 177 billion cubic feet for the week ending February 15. Analysts polled by Reuters ...
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Say Goodbye to $1.99 Gas

For a long stretch, which began in mid-December and lasted until late last month, crude oil traded below $50 a barrel. This pulled gasoline prices below $2 in a number ...
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Natural Gas Price Ticks Lower After Inventory Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 78 billion cubic feet for the week ending February 8. Analysts polled by Reuters ...
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Crude Oil Prices Solidly Higher, Ignoring Rising US Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 3.6 million barrels last week, maintaining a total ...
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