Category: ‘ Gas Prices ’

 

“Is Cheap Gas Pulling The Plug On Electric Cars?” A Response

This letter by Tony Posawatz, President and CEO of Invictus iCAR LLC and GM veteran of 30 years, is cross-posted from CleanTechnica. While gas prices may have some short-term impact on electric vehicle (EV) sales, the April 22 ...

Could a refinery strike cause a gasoline price spike?

Three of the largest U.S. oil refineries went offline this week in the wake of a month-long labor dispute—the longest in over 35 years. More than 6,500 United Steelworkers Union (USW) members, representing 15 refineries, have ...

The Cost of Driving

Since oil prices began falling in mid-2014, there has been widespread observation of an apparent shift in consumer purchasing habits away from efficient and alternative fuel vehicles and back to gas guzzlers. According to the Wall...

SAFE Releases Latest Energy Security Fact Pack

Today, SAFE released its fourth quarter update to the Energy Security Fact Pack, a powerful repository of the most recent trends affecting American energy security and the global oil market today. This update examines current oil ...

States Narrow Down on the Gas Tax

According to the American Automobile Association (AAA), national average retail gasoline prices are currently at a relatively comfortable $2.05—a 37 percent drop from the price this week last year of $3.27. Motorists couldn’t ...

Sluggish Gasoline Demand? Don’t Believe the Hype

It’s not unusual for the media to miss the mark on a variety of energy security issues; look no further than the relentless references to “energy independence” for proof. But while the headlines may frequently miss the nuanc...

What’s at Risk from Low Oil Prices?

Earlier this week, prices for West Texas Intermediate crude dipped below $60 per barrel, dipping past what many perceived as a line in the sand. Oil prices in the $50 range are nearly a 50 percent decline from their peak early thi...

The Hidden Costs of Oil Price Volatility

As recently as a few months ago, an eerie calm had settled over oil markets. Volatility, fluctuations in the price of oil, had dropped to its lowest point since the 1990s, and was remaining low. Prices were moving roughly 3 pe...

Crude by Rail Strengthens Food-Fuel Conundrum

The Wall Street Journal reported earlier this week that farmers across the Midwest are facing “the worst rail delays in a decade,” hurting profits and driving up prices despite bumper crop yields. The rail delays are the worst...

How do Consumers Respond to Falling Gasoline Prices?

Last month, as gas prices dropped by nearly 15 cents nationwide, consumers responded by purchasing less fuel-efficient vehicles. This trend became evident with the help of two measures. First, sales-weighted new vehicle fuel ec...
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