Gasoline and diesel fuel prices continue to fall
The U.S. average retail price of regular gasoline decreased six cents to $3.37 per gallon as of October 7, 2013, 48 cents lower than last year at this time, and the third consecutive week where prices decreased in all regions of the nation. FULL STORY »
Gasoline falls for a 4th week; diesel down the last three
The U.S. average retail price of regular gasoline decreased seven cents to $3.43 per gallon as of September 30, 2013, 38 cents lower than last year at this time, and the lowest price since January 28, 2013. FULL STORY »
Understanding the "change of the stock change"
While avid college football fans eagerly await the Tuesday morning update of team rankings, crude oil and petroleum product market watchers often focus on the Wednesday morning release of the U.S. Energy Information Administration's (EIA) Weekly Petroleum Status Report (WPSR). FULL STORY »
What is driving the declining U.S. gasoline consumption?
The Labor Day holiday marked the end of the peak driving season, a good occasion to review the most recent data on gasoline consumption, which accounts for almost 10% of global liquid fuels consumption. FULL STORY »
West Coast leads recent gasoline price declines
As the Labor Day weekend approaches, the U.S. national average retail price for regular gasoline has drifted downward from a summer-to-date peak of $3.68 per gallon, reached on July 22, to $3.55 per gallon on August 26, despite an increase in crude oil prices since early July. FULL STORY »
EIA expects brent prices to decline through end of 2013
Petroleum analysts throughout the world also noticed recent increases in the price of Brent crude oil. FULL STORY »
New traffic patterns emerge to supply crude oil to West Coast
In many parts of the country, drivers frequently encounter road construction and a sign that says "New Traffic Patterns" as highway infrastructure shifts. New traffic patterns are emerging also in crude oil movements. FULL STORY »
Brent-WTI spread is expected to widen through the end of the year
The Brent-WTI spread, the price differential between Brent crude oil and West Texas Intermediate (WTI) crude oil, averaged just over $3 per barrel in July, its lowest monthly average since December 2010. FULL STORY »
Gasoline consumption: What direction is it heading?
As baseball nears its trading deadline on July 31, some teams need to decide if their recent upward trend is a short-term phenomenon or something that the team can build the future around. FULL STORY »
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