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Rising oil prices push gas costs higher despite low demand
The national average for a gallon of gas has climbed by four cents in the past week to $3.10, driven by rising oil prices that are now hovering around $80 a barrel. According to AAA, the price surge comes despite low domestic gasoline demand and increased production.
Gas prices will fall in the next 2 years as global oil supply outpaces demand, EIA says
US drivers could see lower gas prices this year and next as oil supply outpaces demand. The US will continue to ramp up output from record levels, the EIA said.
US crude oil stocks excluding SPR fall to 2-year low, EIA says
U.S. crude oil stocks excluding the Strategic Petroleum Reserve (SPR) fell last week to their lowest since April 2022 as exports rose and imports fell, the Energy Information Administration (EIA) said on Wednesday.
EIA reports a weekly fall in U.S. crude supplies, but inventory rises
Oil futures pared some of their early gains on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for an eighth week in
Newport Buzz
3h
Rising Oil Costs Drive Gas Prices Higher
Oil costs hovering around $80 a barrel have helped push the national average for a gallon of gas four cents higher since last ...
inforum
16d
Millions more barrels of oil remain untapped in western North Dakota, state geologists say
According to studies conducted by the North Dakota Department of Mineral Resources, a potential 250 million
barrels
— or 10 ...
1d
Enbridge estimates the cost of Jefferson County Line 6 spill at more than $1 million
In documents submitted to the federal government, Enbridge said Line 6 failed because of old, faulty equipment ...
Breckenridge Texan
10d
National, state gas prices rise slightly as oil prices surge to almost $74/barrel
Average gasoline prices in Texas have risen 3.9 cents per gallon in the last week, averaging $2.62/g today, according to ...
WISN 12 NEWS
27d
Enbridge pipeline spills 69,300 gallons of oil in rural Jefferson County
"So, they reported, you know, about two
gallons
of oil
that they see on the ground."On Nov. 14, Enbridge revised the estimated spill to three
barrels
or 126
gallons
. Then, on Dec. 13, the ...
Elizabethton Star
3d
Tennessee gas prices dip slightly as oil market remains uncertain
Gas prices across Tennessee dropped by an average of one cent over the past week, bringing the state average to $2.73 per ...
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