Biden wants to let people buy blended gasoline to lower prices. There’s just one big problem

It's one of the main drivers of U.S. inflation reaching a 40-year high, and among the factors most likely to hurt Democrats’ electoral chances in the November midterms. It’s high gasoline prices, and…

Continue ReadingBiden wants to let people buy blended gasoline to lower prices. There’s just one big problem
Read more about the article Oil and gas prices soar as turmoil from Russia’s Ukraine attack intensifies
Despite the soaring price, the Opec oil cartel and its allies are likely to stick to modest plans for output rises when they meet later on Wednesday. Photograph: Pascal Rossignol/Reuters

Oil and gas prices soar as turmoil from Russia’s Ukraine attack intensifies

Barrel of Brent crude moves past $111, while price of petrol at UK forecourts has hit 151.67p The Guardian: Oil and gas prices are soaring, with prices at UK petrol…

Continue ReadingOil and gas prices soar as turmoil from Russia’s Ukraine attack intensifies
Read more about the article Soaring Gas Prices Could Have Been Mitigated If Energy Sector Plugged Huge Methane Leaks, IEA Says
Methane emissions in the energy sector are underreported by 70%, the IEA said. AFP /AFP VIA GETTY IMAGES

Soaring Gas Prices Could Have Been Mitigated If Energy Sector Plugged Huge Methane Leaks, IEA Says

Robert Hart, Forbes Business:  Methane leaks from the energy sector are much higher than what national governments claim, the International Energy Agency said Wednesday, adding the industry could slash emissions…

Continue ReadingSoaring Gas Prices Could Have Been Mitigated If Energy Sector Plugged Huge Methane Leaks, IEA Says

‘Painful year at the pump’: Why gasoline prices are surging to highest level since 2014

https://wwmt.com/KALAMAZOO, Mich. — Gasoline prices jumped to their highest level in eight years this week. This comes as tensions continue to rise between Russia and Ukraine. “The national average is at…

Continue Reading‘Painful year at the pump’: Why gasoline prices are surging to highest level since 2014
Read more about the article Gas prices in California will soar following LA ban on new oil and gas wells, industry rep warns
Gas prices could hit record highs in 2022: GasBuddy analyst Patrick De Haan, head of petroleum analysis at GasBuddy, predicts the national average for gasoline could hit $4 a gallon in the spring before peaking in the summer.

Gas prices in California will soar following LA ban on new oil and gas wells, industry rep warns

LA City Council approves phaseout of oil drilling, bans new oil and gas wells California Independent Petroleum Association CEO Rock Zierman warned in an interview that aired on ‘Varney & Co.’ Tuesday that already…

Continue ReadingGas prices in California will soar following LA ban on new oil and gas wells, industry rep warns
Read more about the article Oil prices rebound as growing political tensions fuel supply fears
A GOI company truck is seen next to fuel pumps at a Cepsa petrol station in Cuevas del Becerro, Spain, November 29, 2021. REUTERS/Jon Nazca/File Photo

Oil prices rebound as growing political tensions fuel supply fears

LONDON, Jan 25 (Reuters) - Oil prices bounced back on Tuesday, recovering some of the previous day's losses, as growing tension in Eastern Europe and the Middle East fueled concerns…

Continue ReadingOil prices rebound as growing political tensions fuel supply fears