‘Panicky’ Factors Could Be Behind Higher Gasoline Prices
From crude oil to gasoline and natural gas, commodity prices continue to run multiyear highs.
From crude oil to gasoline and natural gas, commodity prices continue to run multiyear highs.
At least for the short-term, the recent surge in commodity prices could start to reverse, analysts said.
Even the blending components for the fuel are more expensive these days.
U.S. oil and gas markets remain tight, even as production recovers from the disruption caused by Hurricane Ida and other storms.
More often than not, retail gasoline prices start to move lower in the fall—but this is not a typical year.
Yesterday’s energy infrastructure is not ready for tomorrow’s weather, industry experts say.
Proposal knocks $7,500 off electric vehicle purchase, and as much as $12,500 if it’s US-made.
Analysts are concerned the U.S. faces severe supply-side constraints.
Hurricane Ida left a long-lasting impact on the US energy sector, keeping gasoline prices high.