Crude Oil
Cushing crude oil inventories at record levels
Crude oil inventories at the Cushing, Oklahoma storage hub reached a record 45.1 million barrels on May 11, after rising 16.9 million barrels since January 13, a marked contrast to the relatively flat level of inventories over January through April in recent years.
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Gasoline prices fall for sixth straight week
The U.S. average retail price of regular gasoline decreased 4 cents this week to $3.75 per gallon, 21 cents per gallon lower than last year at this time.
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Gasoline consumers welcome the fall this spring
As May began, the retail price of regular gasoline continued its recent decline from levels reached earlier this spring.
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Gasoline prices fall for fifth straight week
The U.S. average retail price of regular gasoline decreased 4 cents this week to $3.79 per gallon, 18 cents per gallon lower than last year at this time.
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Second NDAA 60-day report released
On April 27, 2012, the Energy Information Administration (EIA) released the second in a series of reports required by the National Defense Authorization Act (NDAA) for Fiscal Year 2012.
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Gasoline and diesel prices continue to fall
The U.S. average retail price of regular gasoline decreased 4 cents this week to $3.83 per gallon, 13 cents per gallon lower than last year at this time.
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Gulf Coast crude oil inventories: What's up?
The national average retail price for regular gasoline has fallen for three consecutive weeks for the first time since December, reading $3.87 per gallon on April 23, seven cents per gallon lower than the 2012 peak of $3.94 per gallon on April 2.
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Gasoline and diesel fuel prices fall below year-ago levels
The U.S. average retail price of regular gasoline decreased more than a nickel this week to $3.87 per gallon, almost a penny per gallon lower than last year at this time.
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The shifting of global supply disruptions
The first quarter of 2012 saw a significant rise in global crude oil prices. After closing 2011 at $108 per barrel, Brent spot prices exceeded $125 per barrel by early March, before trading in a relatively narrow range for the remainder of that month.
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Gasoline and diesel fuel prices both slide
The U.S. average retail price of regular gasoline decreased 1.7 cents this week to $3.92 per gallon, 8 cents per gallon higher than last year at this time.
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2012 summer gasoline: The four-dollar question
The question frequently posed by the news media as we head into summer, the peak driving season, is whether or not retail consumers will be paying more than $4 per gallon for regular gasoline when they fill up their tanks.
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- New school lunch beef recipes win approval from kids, foodservice
- Prices for corn and soybeans, five years from now
- Drier weather to give big boost to U.S. corn plantings
- The relationship between retail gasoline prices and futures prices
- Agriculture is expected to remain strong in the coming decade
- What sick day? Farmers take just three a year
