Tag: gas prices

Who sets gas prices? Look to London, not US, report says

The government’s top energy analysts weighed into the debate on exporting crude Thursday, releasing a study asserting that the cost of gasoline inside the United States is closely tied to the price of international crudes, not domestic oil.  More »

Average retail gas prices drop 8 cents in Texas

AAA says global oil supplies, including significantly higher oil production in the U.S., are outpacing a growth in demand.  More »

U.S. gasoline falls to lowest since 2010, Lundberg says

Oil has fallen by 24 percent from this year’s peak in June.  More »

Northeast U.S. gas at decade-high for winter on supply concern

Supplies in the so-called consuming east region, which covers the Northeast to the Midwest, are at the lowest seasonal level since 2000, government data show.  More »

Prices at the pump head below $3 in much of U.S.

While gas prices usually dip this time of year, they’re dropping even faster now due to plummeting global oil prices.  More »

Gasoline prices hit lowest Aug. 1 price in four years.

Drivers across the country are experiencing their lowest Aug. 1 gasoline prices in four years as traders’ concerns about instability in Iraq and Ukraine start to ease, analysts at GasBuddy said.  More »

Report: motorists to spend slightly more on gas this summer

The government’s Energy Information Administration forecasts regular gasoline retail prices to average $3.66 per gallon from April through September, about 2 percent more than the same time in 2013.  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 »

Senators worried crude exports would send gas prices higher

Two powerful Senate Democrats want to know whether Americans will pay more at the pump if the government relaxes a decades-old ban on exporting U.S. crude.  More »

Fuel prices to rise as spring approaches

AAA offered good news and bad news for motorists in a new fuel price forecast released Thursday. The bad: drivers will likely start paying more for gasoline soon, as refiners prepare for annual spring maintenance. The good: gas prices will probably be slightly lower this year than they were in 2013.  More »

US gasoline prices reach milestone

Gasoline below $3 per gallon has gone the way of the 8-track tape and drive-in movie for most Americans, AAA says.  More »

Commentary: Controlling our own destiny on gas prices

America is on track to take more long-term control over its destiny with gasoline prices, as we continue to realize the benefits of increased domestic oil and natural gas production.  More »
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