Tag: forecasts

Pump prices are on the move–and you’ll like the direction

Gasoline prices could fall an average of 10 to 20 cents per gallon in the coming weeks, following a decline in oil prices.  More »

Gulf Coast drivers to get lowest pump prices as summer gasoline drops

U.S. motorists can expect to pay about $3.57 for a gallon of gasoline this summer, about the same as last year, government economists predicted Tuesday.  More »

Manufacturers call for halt on natural gas export approvals

Dow Chemical and other big industrial users of natural gas are imploring the Obama administration to stop approving licenses to broadly export the fossil fuel.  More »

US oil boom’s end in sight, feds say

U.S. oil production is on track to reach a near historic high by 2016, before leveling off and eventually beginning to taper in 2020, according to a new federal forecast.  More »

Exxon Mobil predicts surge in electricity from nuclear & natural gas at the expense of coal

Natural gas and nuclear power could help meet a surging demand for electricity across the globe over the next three decades as growing environmental concerns and costs start to price coal out of the market, Exxon Mobil predicted today.  More »

IEA cuts forecast for crude oil demand

The International Energy Agency cut global oil demand forecasts for this year and next as the economic recovery falters.  More »