Tag: gas prices

Agency to vote on reducing California gas tax by 7.5 cents

The agency’s staff is recommending reducing the excise tax rate from 18 cents to 10.5 cents.  More »

Oil’s pain is Wal-mart’s gain

Analysts at Goldman Sachs note that the longer gas prices stay low, the more consumers like to spend.  More »

U.S. gas prices jump 13 cents a gallon; could go higher

Industry analyst Trilby Lundberg said Sunday that a rebound in the price of crude oil caused the run-up at the pump.  More »

Gasoline futures up on fear refinery strikes curtailing supplies, analysts say

Wholesale distributors appeared to be buying higher volumes of gasoline on fears they won’t be able to tap into supplies later on, pushing commodity prices higher, analysts said Monday as steelworker strikes continued at several U.S. oil refineries.  More »

Gasoline’s new price streak points upward

Gasoline prices have risen over the past week, mostly because of seasonal factors that typically send the price up in the final weeks of winter.  More »

How Americans are spending their windfall from cheap gasoline

Millions of Americans are benefiting from the collapse in gas prices, which Goldman Sachs Group Inc. equates to a tax cut worth as much as $125 billion.  More »

AAA: $2 gasoline hits almost a dozen states

The price for a gallon of gasoline in Texas has fallen 8 cents since Jan. 5 to reach $1.90, AAA said.  More »

U.S. drivers start 2015 with cheapest gas in six years

Gasoline at the pump is at the lowest since April 2009, when prices were $2.0549 a gallon.  More »

Low gasoline prices the perfect backdrop to educate public about the oil & gas industry

The public’s perception of the oil and gas industry is inversely proportional to the price of each commodity.  More »

Trucks triumph in 2014 as cheap fuel frees U.S. consumers

Consumers bought more pickups, minivans and sport utility vehicles than cars in every month of 2014.  More »

Oil falls once again, looks to end 2014 at new lows

Behind the early fall was news that inventories at the oil trading hub of Cushing, Oklahoma rose by nearly 2 million barrels, according to U.S. Energy Information Administration data for the week ending Dec. 26.  More »

AAA: U.S. drivers saved $14 billion on gasoline in 2014

Analysts expect gasoline prices to remain low for much of 2015, too.  More »

Texas gasoline prices near $2

Across the nation, U.S. drivers are gas stations are averaging $2.27 per gallon.  More »

Houston gasoline prices fall again

Houston prices have fallen 45.8 cents since November and a little more than $1 since the same time in 2013  More »

Missouri the first state to average gasoline under $2

There are now five states averaging close to the $2 threshold.  More »
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