shutterstock Gas prices haven't been as low as they are today since the beginning of 2011, and pundits and analysts are tripping over themselves in a rush to predict how low prices can go. Commodities trader Dennis Gartman recently predicted...Show More Summary
Have you ever noticed that U.S. gas prices are cheaper on average in wintertime than summertime? Have you got a pet theory as to why that might be? It turns out it's not a case of market forces trying to entice hibernating drivers out into the cold to hit
A couple of months ago, National Grid, one of Massachusetts’ two dominant utilities, announced rate increases of a “whopping” 37 percent over last year. Why, when natural gas prices are at historic lows, does the Northeast face double-digit...Show More Summary
The average retail price of regular unleaded gas this week is $2.82. Gas hasn't been that cheap for Thanksgiving week since the first year of the Obama administration, according to the latest numbers from the Energy Information Administration. Last Thanksgiving gas prices were 47 cents higher, at $3.29 per gallon. This year the AAA estimates […]
While Americans have been enjoying cheap gas during recent weeks, the falling price of oil may have bleak implications for the state of Texas. In an effort to push Texas out of the worldwide energy market space, Saudi Arabia has inundated the U.S. Show More Summary
THE PRESIDENT’S CLIMATE CHANGER The Audacity Of John Podesta; He’s driving the White House’s go-it-alone climate strategy, but will any of it stick after the president is gone? Ben Geman, November 22, 2014 (National Journal) “…The Environmental...Show More Summary
With business confidence at post-crisis lows (in the US and around the world), it is hardly surprising that consumer confidence would fade and at 88.7 (vs 96.0 expectations), this is the biggest miss since June 2010. It appears lastShow More Summary
We've been writing off and on about how the sudden fall in gas prices has been expected to put a lot of shale gas development on hold. In fact, quite a few analysts believe that one of the big Saudi aims in refusing to support oil prices...Show More Summary
Forty-six million Americans are expected to travel this holiday week and more than 3.5 million will fly. Even with the dramatic drop in gas and oil prices, air fare prices are up 1 percent, averaging about $327 a ticket. Delta Airlines CEO Richard Anderson joins "CBS This Morning" to discuss rising fares and why Delta spoke out about immigration reform.
The average price for a gallon of regular gas is 46 cents a gallon less than last year
Recent surveys find consumers are cautious about their spending despite low gas prices and record-high stocks
The last time gas prices this far, this fast, we were in a recession. Or actually, closer to a depression. According to a tweet sent out this afternoon by Bespoke Investment Group, the average price of gas in the US hasn't risen inShow More Summary
Much of the country been enjoying low gas prices lately, some states more than others. There are several factors contributing to this year's dip, but gas prices are typically lower during the winter. If you ask your know-it-all uncle,...Show More Summary
Southern Californians are set to travel for Thanksgiving at levels not seen since just before the recession, spurred by an improving economy and falling gas prices, a survey found.
Societe Generale SA cut its U.K. natural gas price forecasts by as much as 7.3 percent as crude slumped into a bear market, helping reduce the cost of supplies bought in contracts indexed to oil. The post SocGen Cuts U.K. Gas Price Forecast as Crude Enters Bear Market appeared first on gCaptain Maritime & Offshore News.
Rich Pedroncelli/AP By Caroline Humer The average price of a gallon of gasoline in the United States dropped 10 cents in the past two weeks, hitting a four-year low, according to the latest Lundberg survey released Sunday. Gasoline prices...Show More Summary
The average price of regular gasoline is down ten cents over the past two weeks. Also, in an effort to attract younger beer drinkers, Budweiser is keeping its famous Clydesdales in the barn. Jill Wagner reports on the day's top MoneyWatch headlines.
With a significant demand supply mismatch, we do not expect to see an increase in crude oil prices any time soon. This certainly sparks a concern for CAT, whose sales to the oil & gas industry account for more than 25% of its Energy & Transportation revenue and also a considerable portion of its Construction Industries revenue. Show More Summary