Energy

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Gas Drops Below $2 in Some Cities

The price of a gallon of regular gasoline has dropped to less than two dollars in some cities. Due to the effect of the coronavirus, not everyone will be able to take advantage of…

Douglas A. McIntyre · 6 years ago

All Stakeholders Get to Share in Occidental Petroleum’s Pain

Occidental Petroleum announced Tuesday that it is slashing its dividend by 86% and cutting planned capex spending for this year by $1.7 billion. Will other big oil companies also abandon their high dividend payments?

Paul Ausick · 6 years ago

Strategic Petroleum Reserve Oil Sale Suspension Not Enough

The Saudi-Russian oil price war and potentially increased availability of supply from Saudi Arabia delivered enough of a knockout blow on Monday that the U.S. government figured out it better stop its planned sales…

Jon C. Ogg · 6 years ago

Get Ready for $2 Gas

The average price of a gallon of regular gas has dropped recently and may be well below $2 within a few weeks.

Douglas A. McIntyre · 6 years ago