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gas prices

Jack Gerard, president and CEO of the American Petroleum Institute, in Houston on June 18, 2013. (Brett Coomer/Houston Chronicle)

API president attacks Obama’s oil tax as “extremist agenda”

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Gerard expressed astonishment at the president’s proposal Monday, saying his group was only notified of the tax as the administration was “getting ready to roll it out.”
Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT

National gasoline average now below $1.75 a gallon

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Prices at the pump are currently at their lowest prices in seven years courtesy of bountiful supply and cheap costs of crude oil
A flame blazes on top of a gas burn off venting pipe on the Armada gas condensate platform, operated by BG Group Plc, in the North Sea, off the coast of Aberdeen, U.K., on Thursday, Dec. 10, 2015. Royal Dutch Shell Plc got clearance from antitrust authorities in China for the takeover of BG Group Plc, removing the final regulatory hurdle for its biggest-ever deal. Photographer: Simon Dawson/Bloomberg

BG fourth-quarter profit declines 54 percent

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Oil’s collapse has affected BG less than some of its peers because it’s one of the few producers increasing output as projects start in Australia and Brazil.
(AP Photo/Stephan Savoia)

Texas, nationwide gasoline prices continue to decline

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Amarillo has the cheapest gasoline in Texas this week at an average $1.46 per gallon. Drivers in El Paso are paying the most statewide at an average $1.62 per gallon.
Megan Sakkal fills her vehicle with gasoline at the  Shell Station in the 300 block of South Shepherd Drive Tuesday, Aug. 27, 2013, in Houston.
( James Nielsen / Houston Chronicle )

Oil’s drop makes it cheaper to fill up in Houston than Abu Dhabi

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Houston drivers haven’t paid less on average than Abu Dhabi pump prices since 2008, according to data.
(Photo by Andrew Burton/Getty Images)

EIA: Natural gas prices could rise as production finally slows

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Oil and gas drillers across the United States have struggled under collapsing commodity prices, driven in part by a boom in domestic shale drilling that has transformed the industry.
Gasoline prices continue to fall and appear to be headed even lower as motorists prepare to hit the roads for Thanksgiving. ( Johnny Hanson / Houston Chronicle )

Gasoline prices plummet as storage levels hit 25-year highs

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The Houston area sees an average of just $1.61 per gallon of regular unleaded gasoline on Monday, which is down more than 4 cents in a week, while the national average dropped 6.5 cents to $1.82 a gallon, according to GasBuddy survey data. Texas overall is averaging $1.62 a gallon.
(Ty Wright/Bloomberg)

Costco recognized for cheapest gasoline in Texas, nationwide

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Costco sold gasoline 20 cents per gallon lower than its competitors throughout 2015 and offered the cheapest prices in 12 states, including Texas.
Motorists refuel at a Mobil gas station in Pittsfield, Mass., where regular gasoline is for sale at $1.99 per gallon, Tuesday Sept. 29, 2015. (Ben Garver/The Berkshire Eagle via AP) BERKSHIRE COURIER OUT, GREAT BARRINGTON RECORD OUT, RURAL INTELLIGENCER OUT, BERKSHIRES OUT; MANDATORY CREDIT

Texas, nationwide retail gasoline prices down this week

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Texarkana has the cheapest gasoline in Texas this week at an average $1.59 per gallon. Drivers in El Paso are paying the most statewide at $1.71 per gallon.
(Brandon Pollock/The Courier via AP)

Cheap fuel, warm weather lower heating bills

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Nationally, this year’s winter weather is expected to be about 15 percent warmer than a relatively warm winter in 2014-15.