Gas prices vary in part because refiners have to create more than 50 blends of gasoline to satisfy requirements of certain states, even cities. When shortages occur, local gas prices soar.
The threats of declining oil production and a changing climate are more serious than we think, Cobb writes.
In the wake of record California gas prices, governor orders air-quality regulators to let refiners switch to winter-blend fuel. But how quickly California gas prices fall depends on a variety of refinery and pipeline issues.
Gas prices climb an average 17 cents in California, with some stations charging more than $5 a gallon and others closing for lack of fuel. One silver lining for motorists: California gas prices should start falling next week.
High oil prices and rising gas prices weaken an economy because they reduce discretionary spending and indirectly cause people to be laid-off from work, Tverberg writes. Can the US economy stand another jump in prices?
A decrease in crude oil stocks reported by the US Energy Department could be a sign of a rough future for energy markets, according to OilPrice.com.
42 companies have installed upwards of 320 megawatts of photovoltaic (PV) capacity at more than 750 locations across the US, according to the Solar Energy Industries Association and OilPrice.com. Walmart, Costco and Ikea are among the companies who depend on solar the most.
California gas prices are soaring because of refinery outages and pipeline problems. Gas prices at some Los Angeles stations now top $5 a gallon.
Protests rocked Iran Wednesday as the value of the country's currency continued its free fall. Uncertainty in the region has meant an up and down week for oil prices.
New polls show that Americans overwhelmingly support political efforts to reduce the effects of greenhouse gases, with most agreeing that climate change is an important issue that needs immediate attention, according to Consumer Energy Report.
Because of its small oil resources, Syria is in a non-strategic second-tier position, as far as the interests of the United States and its allies in the region are concerned, according to OilPrice.com.
The confirmation of a large geothermal hotspot in Utah could mean the exploitation of an inexpensive source of energy, according to Consumer Energy Report.
Romney pans Obama's subsidies for 'green' energy, citing Solyndra and other high-profile failures. Obama has far more green energy winners than losers so far, but his strategy is risky.
Tesla plans to build 100 of its 'Supercharger' stations across the US by 2015. The number might be a bit high considering the chargers are only compatible with Model S sedans--of which Tesla has only built 255, according to OilPrice.com.
Citing national security risks, President Obama has blocked a Chinese company from acquiring wind farms in northern Oregon, according to Consumer Energy Report. The wind farms are situated near a US military base where unmanned drones are tested.
Natural gas futures slipped 3.8 percent Wednesday, ending a six-day rally. Analysts attribute the drop in natural gas futures to weather forecasts predicting relatively warm temperatures for the coming winter.