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Oil Price War Leaves Saudi Arabia With A Budget Deficit

Most Americans are no doubt enjoying the lower gas prices prompted by lower oil prices this holiday driving season (there’s nothing like a supply glut to silence the gas price conspiracy theorists). Meanwhile, here in North Dakota we’re watching the dropping prices nervously. Republicans in the state don’t want to admit it because they’ve been...

How to turn cheaper gas into retirement savings

Lower prices at the pump can help turbocharge your retirement -- with a little discipline

Low Oil Prices Lead to U.S. Refining Boom

While consumers may rejoice at gasoline prices dropping for 88 days consecutively to $2.394 at the pump, the lowest in five years, one sector of the oil and gas industry is also seeing the benefits of low oil prices.

Gas Prices

Trapped in time, surrounded by evil, no longer low on gas.....

Decline in Oil Could Cost OPEC $257 Billion in 2015

Hasan Jamali/AP alling oil prices are giving a huge boost to the U.S. economy just in time for the holidays, and the reprieve from high gas prices doesn't look like it will stop anytime soon. But elsewhere around the world, the dropShow More Summary

What lower gas prices mean for average Americans

With prices at the pump dropping for nearly three straight months, consumers are spending the extra money on holiday gifts, travel and more

Positive U.S. momentum could grow in 2015

Jitters like recessions abroad seem unlikely to derail America’s economic recovery as late-year growth, jobs and incomes came in unusually strong. Lower gas prices and the possibility that housing ticks up make even inevitable interest rate hikes look easy to shake off.

Natural Gas Price Down 30% in a Month

Eric Gay/APOil pump jacks work behind a natural gas flare near Watford City, North Dakota. A fifth of America's natural gas production found when drilling for oil. By JONATHAN FAHEY NEW YORK -- Natural gas, the nation's most prevalent...Show More Summary

Americans Are Celebrating Plummeting Gas Prices On Instagram

The average price of a gallon of gas in the US has dropped to its lowest level in almost five and half years, according to a recent Lundberg survey. The survey found that the highest price of gas was recorded at $2.82 in Long Island and the lowest was at $2.06 per gallon in Tusla. Show More Summary

In Search of True Energy Independence

Americans are thanking their lucky stars that gas prices are falling to levels not seen since July 2010. The root causes of the fall in oil prices are many: increasing production from sources such as U.S. shale, and declining consumption, due to improved vehicle fuel economy here at home and stagnating economies abroad. Show More Summary

In Search of True Energy Independence

Americans are thanking their lucky stars that gas prices are falling to levels not seen since July 2010. The root causes of the fall in oil prices are many: increasing production from sources such as U.S. shale, and declining consumption, due to improved vehicle fuel economy here at home and stagnating economies abroad. Show More Summary

Natural Gas Suggests $33 Oil

Submitted by Lance Roberts via STA Wealth Management, In the last couple of months, the sharp reversion in oil prices has certainly caught the world’s attention. While the majority of economists and analysts continue to expect incorrectly that falling oil prices are a positive input to economic growth, the reality is that it is not. Show More Summary

Gas Is Cheap Again Because Saudi Arabia Is Trying to Hurt Iran?

2 days agoUnited States / Seattle : Slog

A car lives in this house. What is behind the recent sharp fall in gas prices? One idea is that Saudi Arabia, one of the world's largest petroleum producer and net exporter, is trying to break the back of the "shale oil revolution" (a PDF). Show More Summary

Cheaper Oil Set to Help Georgia’s Economy More than Most

A new report from the energy policy think tank Resources for the Future has good news for Georgians: gas prices haven’t bottomed out yet, and Georgia’s economy is more poised than most to benefit from cheaper oil. The author’s model,...Show More Summary

MoneyWatch: Facebook stock at all-time high; gas prices continue to drop

The social media giant has figured out how to make money on mobile advertising. Also, AAA says gas prices have dropped 88 days in a row. Jill Wagner reports on the day's top MoneyWatch headlines.

2015 US Auto Sales Expected To Push Past 17M Units

This year is set to end on a high note as far as U.S. car sales are concerned, with 2015 shaping up to be the best year in a long time. The Detroit Bureau reports a combination of falling gas prices and an improving U.S. economy is setting the coming year up for a new-car […] The post 2015 US Auto Sales Expected To Push Past 17M Units appeared first on The Truth About Cars.

Here's How Much Money Americans Will Save Thanks To Cheaper Gas

By now, we've all heard that oil prices have plummeted over the last several months, which has made things tough for major energy-producing economies like Saudi Arabia and Texas. But it's great news for the average American consumerShow More Summary

If Energy Prices Remain Near Current Levels, Canada's Economy Is in Trouble

And so it begins… Collapsing crude prices are starting to make their way through the North American energy sector, as the most unprofitable oil & gas rigs are mothballed. Those flashing red numbers are not just on your screen any mo...

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