Home >> Info On: gas prices

The Latest News about gas prices

Will The Philadelphia Refinery Explosion Send Gas Prices Skyrocketing? Experts Weigh In

Explosions at the Philadelphia Energy Solutions (PES) refinery, the largest on the East Coast, sent gasoline futures soaring, but experts say it’s still too early to know the full effects of the incident. “It is too early to know the full impact the fire at the PES facility will have on summer gas prices and for how long for East ...

Read More »

Gas Prices Hit Four-Year High, Truck and SUV Sales Not Affected

With the Trump economy in high gear, gas prices reached their highest point in four years in May, with a gallon costing motorists an average of $2.90. According to a new trend report released by the experts at Edmunds, car shoppers aren’t letting these rising costs deter them from buying the cars they want — notably, trucks and SUVs. “On the ...

Read More »

New Report Rips Apart A Proposal To Make Our Gasoline More Like Europe’s

  by Michael Bastasch Replacing the federal biofuel mandate with a mandate to sell more fuel-efficient gasoline could end up being a cure that’s worse than the disease, according to a new report. A so-called high-octane fuel standard (HOFS) “is simply not the elegant solution that some contend it is,” Philip Rossetti, director of energy policy at the right-leaning American Action ...

Read More »

Here’s Why Californians Pay Way More For Gasoline Than Everyone Else

gasoline-shortages-in-north-carolina

  by Chris White The price of a gallon of gas costs dramatically more in California than in the rest of the country for a variety of reasons, but government meddling, rising house costs and steep taxes are playing a significant role. Republicans are threatening to turn a recently passed gas tax increase into a millstone to wrap around the ...

Read More »

Trump punishes Iran by limiting petroleum purchases

President Donald Trump ordered the federal government to significantly reduce the amount of petroleum and petroleum products purchased from Iran. In an executive memorandum issued to the Secretary of State, Secretary of Treasury and Secretary of Energy, the president said that after considering several factors such as the level of supply in the international market and in the U.S. he ...

Read More »

Four Reasons You’ll Pay More At The Pump This Summer

gasoline-shortages-in-north-carolina

  by Robert Donachie A combination of geopolitical events, environmental regulations, and rising demand will beset U.S. commuters with higher-than-average gas prices this summer. Pump prices typically rise during the summer months as Americans take to the open roads for vacation trips. Currently, the national average price for gasoline is about $2.80 a gallon — a sharp uptick from $2.40 ...

Read More »

Obama to add $10 per barrel oil tax

President Obama is determined to wound the American economy further by putting an additional tax on oil. The White House announced Thursday that Obama will propose a $10 tax on each barrel of crude oil produced. At current prices, that represents a 33% increase in the raw material needed to make gasoline, diesel, fertilizer, heating oil, liquefied petroleum gas, plastics, rubber and ...

Read More »

Even Democrats realize Cap and Trade = economic disaster

CA dems re-think cap and trade

For years, economists have been saying that cap-and-trade would be an economy killer. Now, a group of California Democrats has come to the same conclusion in a letter to the head of California’s air resources board. The 16 Democrats have requested a delay or change to the rules that would put gasoline under the same cap-and-trade rules as power stations have been ...

Read More »

Are You Better Off?

It’s the question candidates are asking. Are you better off? Last week’s job report seemed to indicate a slight improvement in business. But a quick look at the job layoff report might make one think otherwise. Daily Job Cuts: October 10, 2012 Layoffs Report Cummins announces plans to cut up to 1,500 jobs by end of 2012 http://trib.al/6a7AyE FEDEX to ...

Read More »

White House to Blame for High Gas Prices

With Hurricane Isaac’s slamming the American gulf coast putting a temporary halt to oil production and refinery output, consumers can expect to see higher prices at the pump. Just in time for the Labor Day holiday. Before Hurricane Isaac came along, gasoline costs were at an almost four month high.  The nationwide average rose to $3.75 a gallon on Aug. ...

Read More »

American Energy Means American Recovery

There is widespread consensus that America needs to become energy independent. America’s ever growing dependence on foreign energy putsher at ever-greater risk in a world that is increasingly unstable. Given the current political upheavals in the Middle East, this reality is slapping America in the face with increasing costs at the pump, which are contributing to the cost of goods ...

Read More »

Expect the Economy to Begin to Improve by November

Back in April, when diesel fuel was rapidly approaching $4.50 per gallon, I wrote an article predicting the recent downturn in our economy. Today oil fell below $80.00 per barrel and diesel fuel is now well below $4.00 in most places. Given my economic theory of diesel, there is an approximate three month lag between the price of fuel and ...

Read More »

The End is Near

Welcome to the beginning of the end of the economic recovery. On Tuesday diesel fuel was $4.49 per gallon along interstate route 81 in New York State! The price of fuel is rapidly approaching what Malcolm Gladwell would call the “tipping point”. Diesel fuel hit a peak of $4.72 per gallon in July of 2008. That took a huge toll ...

Read More »

Obama to Speed up Reviews of Great Lakes Wind Power Projects.. That Do Not Exist

The campaigner-in-chief has really stepped in it this time. Barack Obama, facing the fact that due to a miserable economy and extremely high gas prices crushing middle class Americans, he will assuredly be a one and done President in November…  so now he wants the American people to believe he is really ramping up U.S. energy production … as in windmills. From Fox News comes ...

Read More »
echo 'Sponsored Content'; echo '
';
Sign up for our Newsletter

* indicates required field




Email Format


Subscribe!