Post Tagged with: "gas prices"

Source: CNBC

As summer driving season kicks off, it’s unclear just how many people will take to the road

CNBC


This weekend’s Memorial Day holiday could be a test for the gasoline market, depending on whether drivers in reopening states hit the road and then keep on driving.

Gasoline demand is about 30% below where it was before states

Source: CNBC

World’s largest ethanol producer forced to find a new market — hand sanitizer

CNBC


Where gasoline goes, ethanol follows, and both have been on a path to unprofitability.

Ethanol prices have collapsed as gasoline demand dropped by half due to COVID-19 shutdowns. That because ethanol —a biofuel derived from corn — makes up …

Holiday Weekend Road Trip:  Gasoline Prices Mirror Last Year

Holiday Weekend Road Trip: Gasoline Prices Mirror Last Year

EIA expects retail gasoline prices to rise over the coming months
As of this Memorial Day Weekend, the national average price for regular gasoline is hovering around $2.85 per gallon, just slightly below last year’s average price of $2.92.

The

Natural Gas Inventory Draws Down, Prices Stay Near Highs

Natural Gas Inventory Draws Down, Prices Stay Near Highs

Natural Gas Inventory Draws Down, Prices Stay Near Highs

Today’s natural gas inventory report put the storage levels down by 209 Bcf for the week ended 12/16/2016, according to EIA’s Weekly Natural Gas Storage Report. This was roughly in line with expectations of a 204 Bcf draw.

Current gas …

Colorado Wattenberg Field: Preparing a horizontal drilling rig - Oil & Gas 360

Oil & Gas Industry Looks to 2016 for Answers

Survey of Energy Industry Executives and Investment Professionals Focused on the Oil & Gas Industry

In December, Oil & Gas 360® conducted a survey of industry executives and investors. We asked respondents to predict commodities pricing for 2016, as well …

The Oil Industry’s Lumpy Year

The Oil Industry’s Lumpy Year

If you look at the number of jobs lost, company market value lost, and the growing numbers of oil patch bankruptcies, 2015’s continued commodities price fall led to a lot of bangs and bruises in the oil and gas industry. …

California Drops 50% Oil Cut from Senate Bill

California Drops 50% Oil Cut from Senate Bill

The California Senate removed requirements for a 50% reduction in petroleum use from SB 350

The California legislature passed a law today setting higher renewable energy use and fuel standards, but without a portion of the bill that would have …

Noble Energy, Delek Allowed to Increase Gas Prices in Israel

Noble Energy, Delek Allowed to Increase Gas Prices in Israel

We’re determined to get the gas out: Netanyahu

The Israeli Finance Ministry will adhere to demands from Noble Energy (ticker: NBL) and Delek to increase the price of gas from its offshore operations near the country.

The two large exploration …

June 24, 2015 - 6:52 pm International, Oil and Gas 360 Articles
Higher Gasoline Costs Sent Consumer Price Index Soaring in April - 360

Gas Prices Lowest in Six Years

The EIA predicts fuel prices will be at their lowest since 2009 this summer

Drivers in the United States are expected to pay the lowest gas prices this summer since 2009, reports the Energy Information Administration (EIA). Drivers are …

April 8, 2015 - 6:15 pm Oil and Gas 360 Articles
Gas Prices in 2014

Chart of the Week: 2014 Measured by Gasoline Prices

Listed below are gas prices for the Denver, Houston and New York metropolitan areas for 2014. All have dropped roughly $1.00 on a year-over-year basis, with prices in Denver and Houston dropping by roughly 33% compared to last December and …

December 30, 2014 - 6:47 pm Chart of Week, Commodity Pricing, Oil and Gas 360 Articles