Category: Gasoline

Oil climbs to $104 as U.S. supplies drop sharply

A report from the Energy Department showed a drop of 7.2 million barrels in U.S. crude oil supplies.  More »

AAA: Gas prices flat or down slightly this Memorial Day

An estimated 36.1 million Americans will travel at least 50 miles this holiday weekend, the highest total since the recession, AAA forecasts.  More »

EPA mulls ethanol change as industry profits soar

EPA officials say fewer gallons of ethanol are necessary because the fuel efficiency of cars improved more quickly than expected, helping lower fuel demand.  More »

Average US gasoline price falls in Lundberg Survey

The average price for regular gasoline at U.S. pumps fell 3.49 cents in the past two weeks to $3.6876 a gallon, according to Lundberg Survey Inc.  More »

Oil rises on U.S. housing data, Ukraine tensions

Oil gained 2 percent for the week.  More »

Oil gains on anticipation of U.S. supply drop

U.S. crude for June delivery gained $1.11 to $101.70 a barrel.  More »

Oil falls to near $100 after China trade data

U.S. crude for June delivery fell 51 cents to close at $100.26 a barrel.  More »

The most unexpected chart you’ll see at OTC

Gamal Hassan, CEO of energy consultants ADH International asked an audience at the Offshore Technology Conference: “What should be the priority for technology innovation?”  More »

Oil slips on China data; gasoline price declines

U.S. crude for June delivery fell 28 cents to close at $99.48 a barrel.  More »

Oil rises but stays below $100 level

Prices fell below $100 a barrel this week, mostly due to a surge in U.S. supplies of crude oil.  More »

US to build gasoline reserves in Northeast

The government is establishing its first emergency reserves of gasoline to address future fuel disruptions in the New York City area and New England like those caused by Superstorm Sandy in 2012, the Energy Department announced Friday.  More »

Oil falls a second day on U.S. growth, supply worry

U.S. crude oil dropped 32 cents to $99.42 a barrel.  More »