Topic: Oil Price Information Service

Why gasoline could be in short supply this summer on East Coast

If Sunoco shutters a big oil refinery in Pennsylvania, gasoline to make up for the lost supply will need to be shipped to the East Coast from the Gulf coast or from Europe – and it will be a logistical nightmare to get it there.

Obama's energy policy takes center stage as $4 gas prices loom

Obama's energy policy will be the subject of the president's three-stop tour starting Wednesday. He wants to deflect criticism that he's not doing enough to fight rising gas prices. 

Gas prices fact check: Six ideas in Congress, but can they work?

Soaring gas prices have also shown a consistent and significant ability to push members of Congress over the deep end. Here's the experts' take on 6 ideas floating through Congress.

As gas prices rise, should US oil industry stop exporting?

US gas prices are soaring and domestic demand is falling. The oil industry says it needs to export to stay in business and avoid layoffs. Others claim that keeps supply low and gas prices high.

Oil prices top $85 a barrel

Oil prices rebound on positive moves from Europe after dipping to 12-month lows. Lower oil prices had caused US gasoline prices to drop 27 cents in a month.

Oil futures climb on positive signs for Europe's economy

Oil futures are up after dropping to their lowest levels since 2010 earlier in the week. Oil futures rebounded on signs that financial leaders will move to bolster struggling European banks and on positive U.S. economic news.

Oil futures falter on debt, storm concerns

Oil futures slipped 3 cents to $97.38 a barrel for West Texas Intermediate crude. In London, Brent oil futures fell 5 cents to $117.38.

Oil futures top $100 a barrel

Oil futures swayed by better outlook for US economy and Greek aid deal. It's the first time since early June that oil futures have breached the $100 level.

Oil stocks rise, oil prices fall

Oil stocks are climbing globally, which is sending oil and gasoline prices lower. One factor behind rise in oil stocks: a resurgent Iraq.

Oil futures fall: good news for drivers

Oil futures drop below $98 a barrel. Gasoline futures decline even more. Oil futures now down 15 percent this month.

Commodities plunge: good news for consumers

Commodities like oil, gold, and copper all fell this week. Silver led the plunge in commodities with a 28 percent decline.

Gas prices rise, demand begins to slip

Gas prices have risen above $3.50 a gallon in most of the US. With gas prices rising, Americans are cutting back on trips to the pump.

Oil hits 30-month high. Natural gas prices also rise.

Oil surges to its highest level since September 2008. Natural gas prices rise, too.

Oil prices fall for fourth day in a row

Oil prices drop in Europe and US in wake of concerns Japanese demand will drop. West Texas oil prices hover around $100.

Gas prices up. Can hybrids ease fall in car sales?

Gas prices could hurt the auto industry. It is banking on hybrids and other 'green' cars to buffer the blow from a further rise in gas prices.

US gas prices pass $3 mark. Will anything stop them from climbing higher?

Declines in domestic and foreign production are to blame for higher US gas prices, analysts say. Some in the industry see $5-a-gallon gas in 2012, while others say supplies will increase to halt the rise.

Gas prices hit $3 a gallon, highest in 27 months. Will they go higher?

Now at an average price of $3 a gallon, gasoline could cost at least $3.50 a gallon by spring. Rising gas prices go hand in hand with higher oil prices, driven up by outlook for a stronger economy.

High gas prices likely to effect holiday spending this year

Gas prices rose 3.91 cents Thursday, and are expected to continue to rise through the holiday season.

Gas prices flat as oil market drifts

Gas prices were unchanged from Wednesday but fell 2 cents from last week, bringing the national average to $2.81 a gallon.

Oil pipeline fixed. Gasoline prices to fall.

Oil pipeline repairs were completed in Chicago after major leaks and oil was expected to flow Friday.

Oil spills hit on land, too: Aging pipelines imperil Midwest

Oil spills in recent weeks, from Canadian-owned pipelines that supply Midwest refineries, are another sign of nation's aging infrastructure. Latest spill expected to raise Midwest gas prices by 30 cents a gallon for several weeks.

Road trips for Fourth of July weekend good idea; gas prices stable

Road trips aren't a bad idea this summer as analysts estimate gas prices will stay fairly stable and below $3 a gallon.

Gas prices have fallen across the US, just in time for Memorial Day

AAA says gas prices across the US have fallen, as Americans head out by car to enjoy the Memorial Day weekend.

Crude falls, but US gas prices up record 50 days in a row

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