The Express TribuneNext fiscal year: Govt likely to keep petroleum levy target unchangedThe Express TribunePHOTO: FILE The government is likely to set the target for petroleum levy on oil products at Rs120 billion for next financial year 2012-13, which…

Minneapolis Star TribunePN Bakken: The Bakken from five points of viewPetroleum NewsThe model assumed an average Bakken well cost of around $9.6 million and an estimated ultimate recovery of 575000 barrels of oil equivalent. While current oil prices ab…

Proactive Investors UKOil prices lower ahead of G8 summitPlain DealerThat's around 21 cents less than a year ago. the current national average for gasoline is $3.71 per gallon…the peak national average in 2012 was 3.94 per gallon… current oil p…

Wilkes Barre Times-LeaderLower oil prices ease load on consumers and ObamaWilkes Barre Times-LeaderIn this Sunday, May 13, 2012, photo, gas prices are displayed on a board at a Hess station in Hoboken, NJ Oil and gasoline prices are sinking, giving rel…

Oil and gasoline prices are sinking … No one is yet overflowing with glee over current prices. So far this year, gasoline has averaged $3.67 a gallon nationwide. If sustained all year, that would be the highest annual average ever.

… around $15 gradually over the last two months as tensions in the Middle East have eased and oil supplies have increased. “Even current prices are far too high for the current economic context… and pose a serious risk,” the IEA’s chief …

“If oil prices break below $102.00 … a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/critical …

New University Study: Ethanol Reduced Gas Prices by More than $1 per Gallon in …MarketWatch (press release)Three primary factors are responsible for ethanol's more robust price benefit at the pump in 2011: higher oil and gasoline prices, higher e…

“The West Coast is zigging while the rest of the country is zagging,” said Tom Kloza, publisher and chief oil analyst at the Oil Price … but analysts blame the current price spike on the failed restart of a BP refinery in Blaine, Wash.,

Monday News Update – Current gas prices less then experts expectedPierce County HeraldGregg Laskoski of Gas Buddy.com says high supplies are partially the reason for the lower prices, both for gasoline and crude oil. Also, he says consumer demand has b…