Gasoline prices prove to be a never-ending roller coaster ride
The ups and downs of fuel prices seem to have no end.
EU fear severe energy crisis over winter months as Russia pulls natural gas
Europe unwillingly says bye-bye to Russian natural gas.
Russian oil shifts to accommodate Asia instead of Europe
Asia wins Russian oil while Europe suffers major cut-backs.
California’s gas ban has many other states looking to follow
Steep with controversy, California’s gas-powered vehicle sales ban in a little over decade has many other states looking to follow suit.
Oil & gas market project difficult future amid EV push
The oil and gas market is being slammed by the push to manufacture more electric vehicles.
Washington and Massachusetts join California in banning sales of gas-powered vehicles by 2035
California tends to set the standard for the regulations moving forward for motor vehicle emissions - so it’s no surprise that two more states will follow suit with the 2035 ban on gas-powered vehicles.
New York is desperate to avoid a gasoline shortage
The Jones Act is a 100-year-old shipping law that requires all goods moved between American ports to be transported on domestic ships, and those happen to be some of the most expensive.
Automation can save a trucking fleet 13% on rising fuel costs
Everyone is looking for a way to save a buck at the gas pump, including trucking fleets.
National average cost of gasoline sits at $3.99, lowest since March
Americans have been struggling with rising gas prices since early this year, but finally, they’ve seen the smallest bit of relief.
National diesel average declines, providing slightly more relief at the pump
For the week of August 8th, the Department of Energy’s Energy Information Administration (EIA) recorded a national diesel average cost per gallon of $4.993.
Egypt’s El Hamra oil terminal welcomes Russian oil shipments
Egypt’s El Hamra oil terminal, operated by Egypt’s Western Desert Operating Petroleum Co. on its northern coast, has become the host of approximately 700,000 barrels of Russian oil cargo.
Average price of a gallon of gasoline drops, again
For 48 days in a row, the average price for a gallon of gasoline has dropped - but it’s not all rainbows and butterflies.
Largest dip in diesel price since 2008
The Department of Energy’s Energy Information Administration released the latest weekly average retail diesel price as $5.268 a gallon, a 6.4-cent decline from the previous week.
Growing transportation costs have skyrocketing fuel surcharges to blame
The freight market’s price growth comes from the 9.1% inflation rate, increasing fuel surcharges, and seasonal issues.
Russia puts Nord Stream gas pipeline back in action, feeding Europe natural gas
The Nord Stream pipeline system is back in operation after a brief respite, delivering Russian gas flow into Europe, which is under the massive strain of reduced supplies.
Improving the oil and gas market in the West Texas region
Just outside of Odessa, Texas, leaders at the Summit Industrial Park (SIP) are strategizing methods for improving operations for the fast-paced oil and gas market in the area.
June inflation furthers recession concerns
Gas, food, and rent prices soared again in June, creating more urgency to resolve inflation issues and avoid a recession.
Sonoma County city bans new gas stations
Petaluma in Sonoma County, California has achieved a monumental goal of prohibiting the construction of new gas stations within the city limits.
Fuel prices projected to stay volatile for awhile
Fuel prices are expected to remain high for quite some time.