Even though gasoline prices in the US are currently $0.15 a gallon higher than this time last year, and have been constantly rising for the past two months, Robert Rapier predicts that they will start to fall rapidly in the coming weeks. Continue reading
Tag Archives: gasoline prices
Stuart Burns: Why Oil Prices Will Remain High
I don’t know about you, but in the absence of any dramatic news about Iran in the papers, and especially set against the general background of a weakening global economy, the relentless rise in gas prices each time I pull up at the pump has come as a bit of a shock. Continue reading
Ford Attempts to Gain Traction in the Hybrid Car Market
Taking advantage of unpredictable gas prices and a rising consumer interest in all things green, auto-maker Ford is finally making its way into sales of dedicated hybrid vehicles with its freshly announced 2013 C-Max line. Continue reading
Economy, not Physical Markets, Driving Oil Prices
The U.S. Department of Energy last week issued one crude oil loan from the Strategic Petroleum reserve to Marathon Petroleum Co. as gulf operators dealt with the effects of Hurricane Isaac. The dual effect of the Category 1 storm and the Labor Day holiday in the United States caused a brief spike in energy prices. Continue reading
Where Will Oil Prices be in 2020?
Citi is projecting that (PDF) oil costs will stabilize at $80 to $90 a barrel by the year 2020. And a recent report from Harvard’s Belfer Center warns that oil prices may fall precipitously over the next several years, due to a coming global oversupply of oil & gas. Continue reading
Is Ethanol Cheaper Than Gasoline?
CLICK HERE to tell the EPA to waive the ethanol mandates and relieve pressure on our nation’s food supply, fuel prices, and vehicle fleet. Continue reading
Biofuel boondoggle popular in corn state
Iowa Gov. Terry Branstad urged the administrator of the U.S. Environmental Protection Agency to retain the Renewable Fuel Standard, which is the basis for the demand for ethanol. Continue reading
Posted in Agriculture, Biofuels, Economics, EPA
Tagged biofuel boondoggle, burning food, ethanol mandates, gasoline prices, really stupid idea
The Obama Administration Teams with Private Equity Firm to Single Out a Individual Refinery for Help
The Wall Street Journal is reporting that the Obama administration played “a central role” in encouraging a private equity firm to rescue a struggling refinery in Pennsylvania. This is rather ironic since part of the reason for the refinery’s financial troubles were the Obama administration’s burdensome regulations. Continue reading
Posted in Development, Economics, EPA, Oil and gas
Tagged boutique fuels, gasoline prices
MIT and UC Davis Scholars Agree: Ethanol Hasn’t Made Gasoline Cheaper
Back in May, we posted a critique of a Center for Agricultural and Rural Development (CARD) study that purported to show how ethanol mandates and subsidies had held down gasoline prices for American motorists. Continue reading
Posted in Agriculture, Biofuels
Tagged biofuel boondoggle, burning food, ethanol mandates, gasoline prices, really stupid idea
Fear Driving Energy Markets
Crude oil demand in the United States is down to its lowest level since the onset of the global economic recession. Continue reading
Gov. Mary Fallin and Gov. John Hickenlooper: A natural partnership for energy independence
Bipartisan efforts for cheap gas Continue reading
Natural gas slowly makes its way to your filling station
Motor fuel retailers are cautiously betting that the filling station of the future will offer a broader range of options than what is available to today’s gas-and-go drivers. Continue reading
Editorial: Premier should scrap the B.C. Carbon Tax
Premier Christy Clark and her gang should read the public responses to a small story theprovince.com ran on B.C.’s Carbon Tax. Continue reading
Posted in Cap & Tax
Tagged carbon scam, carbon tax, gasoline prices, government cash grab, really stupid idea
Senators press EPA to cut ethanol mandate
As the worst drought in more than 50 years withers the Midwest corn crop, 25 senators urged the Environmental Protection Agency to cut the mandate that requires fuel blenders to add grain-based ethanol to gasoline. Continue reading
Posted in Agriculture, Biofuels, Economics, EPA
Tagged biofuel boondoggle, ethanol mandates, gasoline prices, government mandates, really stupid idea
Travis Fisher: Energy Consumers vs. Regulators: Who Knows Best? (Mercatus study stands up to critics)
“Perhaps the main failure of rationality is that of the regulators themselves.” -Ted Gayer and W. Kip Viscusi, authors, Overriding Consumer Preferences with Energy Regulations Continue reading
U.S. Midwest hit by Perfect Gasoline Storm
Retail gasoline prices in the U.S. Midwest were as much as 50 cents higher than in the rest of the country. By Monday, the price of a gallon of regular unleaded jumped 13 cents from last week in Detroit to settle at $3.99. The spike in retail gasoline prices follows a series of pipeline spills in Wisconsin and refinery shutdowns in Chicago and elsewhere. The impact of the string of industrial incidents on consumers in the region may be short-lived, but retail prices rarely decline as fast as they increase. Continue reading
AEA calls for RFS Enforcement Cease Fire
American Energy Alliance President Thomas Pyle released the following statement upon annoucements that Agriculture Secretary Tom Vilsack had declared more than half of U.S. counties as disaster areas due to the record drought affecting U.S. farmers. Continue reading
Posted in Agriculture, Biofuels
Tagged burning food, ethanol mandates, gasoline prices, really stupid idea
Amid a devastating drought, does it still make sense to use corn for fuel?
Did it ever? Apart from subsidy farmers and rent seekers, we mean. Continue reading
Livestock groups seek drought relief with ethanol waiver
Hard-hit livestock and poultry producers petitioned the government on Monday to reduce or cancel the required use of ethanol in gasoline for a year, asking for “a little help” to ride out the worst drought in 56 years. Continue reading
Posted in Agriculture, Economics, EPA
Tagged burning food, ethanol mandates, gasoline prices, really stupid idea
Editorial: Food and the drought
Stop requiring the use of corn for fuel Continue reading
Posted in Agriculture, Biofuels
Tagged burning food, ethanol mandates, gasoline prices, government mandates, really stupid idea
