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Energy Tomorrow Blog

Gasoline Prices Track Crude Oil Costs

crude oil prices  domestic energy  energy information administration  gasoline prices  oil demand  oil supply  prices 

Jane Van Ryan

Jane Van Ryan
Posted March 11, 2010

The average U.S. retail price for regular gasoline rose by 4.9 cents to $2.751 per gallon for the week ending March 8, according to the Energy Information Administration (EIA). This average price is higher than one year ago when the average pump price was 81 cents lower and crude oil costs were 88.9 cents a gallon lower.

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Pump Price Update

gasoline  prices  taxes 

Jane Van Ryan

Jane Van Ryan
Posted January 8, 2010

The record cold weather has helped to push up crude oil prices this week. When the New York Mercantile Exchange (NYMEX) closed yesterday, the price of oil stood at $82.66 a barrel. Because there are 42 gallons in a barrel of oil, this is equal to $1.97 per gallon. 

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Retail Gas Price Update

energy reality  gasoline  prices 

Jane Van Ryan

Jane Van Ryan
Posted December 11, 2009

If you're planning to hit the road this weekend for seasonal travel, you're likely to find that gasoline prices are slightly lower. According to AAA statistics, the average price of gasoline dropped for the fifth time in the last six days on Thursday. It fell by 0.6 cent, making the average price $2.623 per gallon. 

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Energy Tomorrow Radio: Episode 92 - Ben Lieberman on Sky-High Gas Prices

demand  domestic access  domestic drilling  energy tomorrow  energytomorrow  energytomorrow radio  gas prices  gasoline prices  prices 

Jane Van Ryan

Jane Van Ryan
Posted October 20, 2009

In this episode, Jane Van Ryan interviews the Heritage Foundation's Ben Lieberman, senior policy analyst on energy and the environment, on his recent paper, "Five Things Congress and the President Are Doing to Bring Back Sky-High Gas Prices." 

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Pump Price Update

crude oil  energy tomorrow  energytomorrow  gas prices  gasoline prices  prices 

Jane Van Ryan

Jane Van Ryan
Posted October 7, 2009

If a picture is worth a thousand words, the graph below speaks volumes about the price of gasoline. It illustrates how much gasoline's pump price has fallen in various regions of the country since gasoline reached a record high in July 2008.

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An Unnecessary Drag on the Economy

demand  domestic energy  energy  energy citizen  energy citizens  energy costs  energy policy  gasoline prices  over regulation  prices  waxman-markey  energy outlook 

Jane Van Ryan

Jane Van Ryan
Posted September 8, 2009

Today, inspired by a New York Times weekend editorialEnergy Outlook blogger Geoff Styles discusses the Waxman-Markey climate bill and the legislation's potential impact on gasoline prices.

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Country of Origin

distribution  energy policy  ethanol  fuel  gasoline prices 

Jane Van Ryan

Jane Van Ryan
Posted September 3, 2009

A group that lobbies for ethanol wants consumers to know where their fuel come from, so it has asked Congress to require gasoline dealers to put labels on their pumps. According to The Hill, the ethanol group Growth Energy believes that consumers won't like where some of their fuel originates and are likely to prefer purchasing homegrown ethanol made from U.S. corn. 

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Did You Know? Econ 101

demand  energy  energy costs  energy iq  gasoline prices  supply 

Jane Van Ryan

Jane Van Ryan
Posted August 31, 2009

Did you know that the laws of supply and demand have a huge impact on energy costs? 

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Gasoline Prices: It's the Fundamentals

crude oil  demand  diesel  domestic access  energy  energy policy  gasoline prices  prices  supply 

Jane Van Ryan

Jane Van Ryan
Posted June 16, 2009

Gasoline prices have risen to an average of $2.67 a gallon, the highest price in the past eight months. API's Chief Economist John Felmy and Statistics Manager Ron Planting attribute the price rise largely to what they call "market fundamentals"--the basic law of supply and demand.

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