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[20 May 2012 | No Comment | ]

Cape Coral mailbagThe News-PressHe starts out his discourse with the statement “As oil prices soar” blah-blah-blah. Does this guy ever crawl out from under his rock and see the latest posted gas prices at the corner gas station? Wake up, Dick; they…

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[18 May 2012 | No Comment | ]

Current averages in other Tennessee markets are: AAA says the national average for retail gas prices fell about a penny to $3.71 per gallon. That’s around 21 cents less than a year ago. Meanwhile, oil prices are lower ahead of a weekend meeting …

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[17 May 2012 | No Comment | ]

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.

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[15 May 2012 | No Comment | ]

Los Angeles TimesGas prices continue downward trendKSFYThe current average for a gallon of regular gas in South Dakota is, $3.66. A week ago the average was $3.70, a month ago, $3.82, and one year ago, $3.93. Our state average price is down about $.27 …

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[13 May 2012 | No Comment | ]

CBS LocalGas prices continue to fall, and have done so now for five straight weeks.WGMD RadioPrices are 19 cents lower than a month ago, 23 cents below year ago prices and 38 cents lower than the all-time record high of $4.11 per gallon set in July 200…

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[13 May 2012 | No Comment | ]

Gas prices fall for fifth straight weekWGMD RadioPrices are 19 cents lower than a month ago, 23 cents below year ago prices and 38 cents lower than the all-time record high of $4.11 per gallon set in July 2008. Crude oil continued its decline for the f…

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[11 May 2012 | No Comment | ]

That would bring down demand, lowering the cost of a barrel of oil and, presumably … speculation significantly affects price. Forbes cites a Goldman Sachs report attributing about $23 of the current barrel cost to speculation.

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[7 May 2012 | No Comment | ]

However, while the Free World sanctions the Islamic Republic, the Iran OPEC governor Mohammad Ali Khatibi quickly reminded the world that this course of action has risen crude oil prices. “Under current circumstances, the prices of oil will …

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[7 May 2012 | No Comment | ]

Memphis has the lowest current average at $3.51, followed by Clarksville at $3.519. How far gas prices will fall is uncertain with the traditional high-demand summer driving season about to start. However, oil prices continued a three-day slide …

Crude Oil, Crude Prices, Current Oil Prices, Oil Prices, Uncategorized »

[6 May 2012 | No Comment | ]

In the current commodities climate … reoriented its production efforts and its portfolio towards liquids production. Thus, any swings with oil prices will likely translate to swings in share prices, and an increase in gas prices may concomitantly …