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Category: Commodity Prices

Oil drops below $102 on big U.S. supply increase

The decline coincided with a sell-off in U.S. stock markets.  More »

Gasoline pump price steady but more increases coming

Benchmark U.S. crude fell $1.22 to end the day at $104.01 per barrel in New York.  More »

Oil rises on bullish U.S. manufacturing data

Benchmark U.S. crude increased Monday by $2.21 to $105.23 per barrel in New York.  More »

Could gasoline prices level off in April?

Analysts think pump prices will top $4 a gallon nationally within the next couple of weeks, perhaps sooner. Then they could start to fall.  More »

Opinion: Industry study affirms natural gas vehicle ‘dream’

Given gasoline prices are getting close to record highs while natural gas prices plunder to further new 10-year lows, natural gas vehicles (NGVs) are not surprisingly receiving a lot of attention in the media at the moment.  More »

Natural gas price drops to a 10-year low

Natural gas prices tumbled Thursday after a surprising jump in U.S. supplies.  More »

Senate fails to advance repeal of major oil firms’ incentives

The Senate on Thursday failed to advance a measure that would repeal tax incentives for the nation’s biggest companies and use the money to pay for extending clean-energy tax credits.  More »

Obama urges Senate to approve repeal of oil tax incentives

President Obama made a firm call Thursday for the Senate to approve a measure repealing some of the oil and gas industry’s tax incentives, just ahead of a high-profile vote in the upper chamber.  More »

Oil falls on reserve release talk, U.S. supply data

Benchmark U.S. crude fell by $1.92 to end at $105.41 per barrel in New York.  More »

Poll: Most don’t blame Obama on gas prices but do fault his response

Most Americans don’t credit President Obama with causing higher gasoline prices, but they do disapprove of how he’s responding to them, according to a new Reuters/Ipsos poll.  More »

Obama officials rip into GOP gasoline bills

Obama administration officials ripped into GOP proposals to tie Strategic Petroleum Reserve releases to increases in federal oil and gas land leases and require additional analyses of the economic impacts of several oil- and gasoline-related environmental regulations.  More »

Natural gas prices fall again on supply concerns

Any money that consumers are saving on natural gas may be going into the gasoline tank.  More »