Posted on November 13, 2014 at 2:52 pm by Associated Press in
Gasoline |
In a dramatic shift from previous forecasts, the Energy Department predicted Wednesday that the average price of gasoline in the U.S. will be $2.94 a gallon in 2015. That is a 44-cent drop from an outlook issued just a month ago.
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Posted on November 12, 2014 at 4:01 pm by Rhiannon Meyers in
Gasoline,
General |
For every 1 cent drop in gas prices, Americans save about $3.7 million.
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Posted on November 7, 2014 at 2:41 pm by Bloomberg in
Crude oil,
Gasoline,
Markets,
Natural gas |
Oil for December delivery rose 74 cents to settle at $78.65 a barrel on the New York Mercantile Exchange.
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Posted on November 5, 2014 at 3:35 pm by Bloomberg in
Crude oil,
Gasoline,
Markets,
Natural gas |
Oil for December delivery rose $1.49 to settle at $78.68 a barrel on the New York Mercantile Exchange.
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Posted on November 5, 2014 at 7:15 am by Bloomberg in
Gasoline,
Latin America |
Petrobras, which booked $44 billion in operating losses from selling fuel at below-market prices during President Dilma Rousseff’s first term, is set to raise its subsidized refinery gate prices even after crude’s 25 percent plunge this year brought them more into line with international benchmarks.
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Lower oil prices, while good for the broader U.S. economy, are a threat to what has been a surprising and dramatic surge in oil production in the U.S.
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Posted on November 3, 2014 at 3:11 pm by Bloomberg in
Crude oil,
Gasoline,
Markets,
Natural gas |
Oil tumbled last month after Saudi Arabia, Iraq, Iran and Kuwait cut prices, leading to concern that OPEC members were fighting for market share.
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Posted on November 1, 2014 at 9:31 am by Bloomberg in
featured,
Gasoline |
The bonus at the pumps represents the biggest benefit to consumers to date from a record boom in domestic oil production that has contributed to a global crude glut and helped bring down international prices.
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Posted on October 30, 2014 at 3:26 pm by Bloomberg in
Crude oil,
Gasoline,
Markets,
Natural gas
Oil for December delivery dropped $1.08 to settle at $81.12 a barrel on the New York Mercantile Exchange.
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Posted on October 30, 2014 at 12:20 pm by Associated Press in
Gasoline
AAA says global oil supplies, including significantly higher oil production in the U.S., are outpacing a growth in demand.
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Posted on October 28, 2014 at 3:20 pm by Bloomberg in
Crude oil,
Gasoline,
Markets,
Natural gas
Oil for December delivery rose 42 cents, or 0.5 percent, to settle at $81.42 a barrel on the New York Mercantile Exchange.
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Posted on October 28, 2014 at 7:15 am by Bloomberg in
featured,
Gasoline,
Shale
The shale oil boom is proving far less kind to Mercedes-Benz drivers than it is to those sitting behind the wheel of a Toyota Camry or Chevrolet Impala.
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