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Gas Should Cost $6.27 A Gallon To Account For Health And Environmental Impacts, Study Finds

Accounting for the social costs of burning gasoline would add an average of $3.80 per gallon to the pump price, a study has found. The post Gas Should Cost $6.27 A Gallon To Account For Health And Environmental Impacts, Study Finds appeared first on ThinkProgress.

Canada's Encana plans share issue amid energy price slump

CALGARY, Alberta (Reuters) - Encana Corp, Canada's largest natural gas producer, said on Wednesday it plans to raise up to C$1.44 billion ($1.16 billion) through a secondary share issue as the company looks to bolster a balance sheet weakened by low oil and natural gas prices. Show More Summary

In one month, gas prices in state have surged about $1 a gallon

California gas prices have shot up about $1 a gallon in the last month as oil refineries have been idled by a labor strike and an explosion.

Here's what the Fed's contacts are saying about the state of the oil and gas business

The oil industry has taken a huge hit from plunging oil prices, according to the latest Fed Beige Book. The impacts are nation-wide, though largely centered in the Midwest: Oil and natural gas drilling declined in the Cleveland, Minneapolis, Kansas City, and Dallas Districts. Show More Summary

New models yield clearer picture of emissions' true costs

New models calculate and compare the true costs of various fuels to health, climate and the environment. Viewed this way, a gallon of gas costs $3.80 more than the pump price. The social cost of a gallon of diesel is about $4.80 more than the pump price; the price of natural gas more than doubles; and coal-fired electricity more than quadruples. Show More Summary

Bourbon Profit Hit by Oil Price Slump, 2015 Margins On Deck

Bourbon SA, a French supplier of ships and crew to oil and natural gas producers, said margins may drop this year following a 36 percent profit slump in 2014 as customers reduce investment. The post Bourbon Profit Hit by Oil Price Slump, 2015 Margins On Deck appeared first on gCaptain Maritime & Offshore News.

For Electric Cars, High Gas Prices Can’t Come Back Quickly Enough

Gas prices have rebounded a bit, but they remain low enough to kill the cost-saving argument for buying a plug-in electric car like the Nissan Leaf or Chevy Volt.

HUFPOLLSTER: Americans Want Obamacare Subsidies Protected

Americans want Congress to act to restore ACA subsidies if the Supreme Court axes them. Another poll finds support for ground troops to fight ISIS. And a rebound in gas prices puts a damper on rising economic confidence. This is HuffPollster...Show More Summary

Rising gas prices may spur Americans to save less

Many consumers have been banking the financial windfall they're getting at the pump, but that trend could be short-lived

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Gas prices are falling. That’s bad news for companies that are trying to sell expensive fuel-efficient cars like hybrids. And it’s especially bad news for companies that sell really expensive cars that don’t use gasoline at all—i.e. Show More Summary

Ukrainian Economic Reforms are Humiliation for Populace — Putin

Russian President Vladimir Putin called Ukraine's decision to raise the gas price by six times a humiliation for the country's populace.

We’re at Our Lowest Level of Misery in 56 Years, Thanks to Gas Prices

By one measure, the U.S. economy is the best it's been since the presidency of Dwight Eisenhower.

Lots of fuel for rising gas prices

Here's why pump prices have climbed for 35 consecutive days, the longest such streak since early 2013

We’re at our Lowest Level of Misery in 56 Years, Thanks to Gas Prices

By one measure, the U.S. economy is the best it's been since the presidency of Dwight Eisenhower. The recent plunge in inflation has helped drive the U.S. Misery Index to its least miserable level since the spring of 1959.

Costco Earnings Preview: Falling Gas Prices And Strengthening Dollar Will Subdue Growth

In its January sales update, the company said that its net sales for the three month period ended February 1 increased 6% to $49.01 billion, easily surpassing the growth in the U.S. retail industry during the same period. The warehouse retailer’s overall comparable sales growth for the period stood at 7% with similar growth in the U.S. Show More Summary

A Savings Problem

Isn't it great that gas prices have come down? That means consumers will have more money to SPEND, SPEND, SPEND. You got a raise? Great! Now you have more money to SPEND, SPEND, SPEND.

3 Reasons Gas Prices Could Rocket Higher

It’s not a perfect storm, but there are three storm clouds on the horizon that could cause you to pay even more at the pump later this year.

Consumer spending rose in January after adjusting for low gas prices

Consumer spending bounced back in January after taking into account sharply lower gas and energy prices, the Commerce Department said Monday.

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