Average State Tax Rates for Retail Gasoline and Diesel Fuel Flat Since January 2024

Credit to Author: US Energy Information Administration| Date: Fri, 23 Aug 2024 14:09:05 +0000

As of July 1, 2024, state taxes and fees on gasoline and diesel fuel averaged $0.33 per gallon (gal) of gasoline and $0.35/gal of diesel fuel, according to our federal and state motor fuel taxes table. Since January 2024, both the gasoline and diesel average taxes have remained nearly flat, increasing … [continued]

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West Coast Summer Refinery Margins Decline Despite Reduced Capacity

Credit to Author: US Energy Information Administration| Date: Wed, 17 Jul 2024 13:11:25 +0000

This spring, California refinery crack spreads for gasoline and diesel dipped below average despite shrinking refinery capacity on the West Coast (PADD 5). Crack spreads are the difference between refined product prices and an equivalent volume of crude oil. We use them as a measure to estimate refinery margins based on commodity … [continued]

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U.S. Natural Gas Supplies High, Prices at Record Low

Credit to Author: Aaron Larson| Date: Thu, 14 Mar 2024 16:58:20 +0000

The winter heating season, which is often defined as November through March in the U.S., is coming to an end with natural gas inventories 37% above the five-year average, according […]

The post U.S. Natural Gas Supplies High, Prices at Record Low appeared first on POWER Magazine.

Fig1-Henry-Hub-natural-gas-spot-price-1997-2024

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Reduced U.S. Refinery Activity Puts Upward Pressure on Gasoline & Diesel Prices

Credit to Author: US Energy Information Administration| Date: Thu, 07 Mar 2024 14:01:54 +0000

Since early January 2024, U.S. refinery utilization has decreased 11%, falling as low as 81% during the two weeks ending February … [continued]

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U.S. Gas Prices Down As Gasoline Demand Down

Credit to Author: Zachary Shahan| Date: Thu, 23 Nov 2023 04:15:12 +0000

The U.S. Energy Information Administration reports that gas prices in the U.S. are down 10% compared to the same time … [continued]

The post U.S. Gas Prices Down As Gasoline Demand Down appeared first on CleanTechnica.

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Forward Power Pricing Drops in Australia in Response to Government Action

Credit to Author: David Waterworth| Date: Sun, 18 Dec 2022 03:00:23 +0000

Sometimes, reading the comments from big gas, big coal, and big oil in the Murdoch press, I think I am back in the school playground stopping kids from namecalling and hitting each other with sticks. It is obvious that the Australian federal government’s action has hit a nerve, and equally obvious that oil & gas […]

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US Gas Price Drops Have Stalled, & Could Be On The Way Up Again

Credit to Author: Jennifer Sensiba| Date: Mon, 26 Sep 2022 16:30:34 +0000

Earlier this year, when gas prices went to record levels, it was hard to get ahold of an EV of any kind at dealers. People realized that oil companies had them by the shorts, and you can only adjust your household budget so much before the gas man is taking money that should have gone […]

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Want 1970s Fuel Prices? Buy An EV!

Credit to Author: Jennifer Sensiba| Date: Mon, 19 Sep 2022 14:03:33 +0000

I came across an interesting tweet the other day that expressed what many gas car drivers feel every day, especially with 2022 fuel prices. This is almost pornography at this point … pic.twitter.com/8jawedgDsc — Super 70s Sports (@Super70sSports) September 14, 2022 As you can probably see, it shows fuel prices (and fuel types) that we […]

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European Gas “Crisis” Has Global Ripple Effects

Credit to Author: Nexus Media| Date: Sun, 26 Jun 2022 03:50:41 +0000

Germany activated the “alarm stage,” phase two of three of the country’s emergency methane-based gas plans, on Thursday after Russia’s Gazprom throttled deliveries by 60%. Phase three would allow the government to implement energy rationing. German economic minister Robert Habeck told reporters the cutbacks were a direct political attack in retaliation for Germany’s sanctions against […]

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Fight Fascists & Save Money: Go Electric

Credit to Author: NRDC| Date: Thu, 12 May 2022 23:01:32 +0000

The price of a gallon of gasoline is surging, putting a strain on drivers’ pocketbooks. While prices at the pump seem extreme, we’ve been here before. Adjusted for inflation, gas prices were similarly high in 2006, 2008, and for a while after 2011. The current spike follows Vladimir Putin’s unprovoked and unjustified attack on Ukraine. […]

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