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How crude-oil prices influence gasoline prices

Green Car Congress

Although the gasoline prices were available for each day throughout this period, the crude-oil prices were not available for weekends, holidays, and selected other days. Therefore, the analysis included only those days for which both prices were available—a total of 2,518 days.

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Oil Well Strippers Suffering From Low Oil Prices

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With OPEC breaking down and any kind of coordination among its members on price cuts looking increasingly unlikely, it now appears that oil prices could remain below $50 a barrel for a year or more. Stripper-operated wells account for all of the oil production in the state of Illinois, for instance.

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Opinion: Oil Price War May Benefit both US Shale and Saudi Arabia

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Even as financial commentators on CNBC are starting to come around to the idea of a bottom in oil prices, the key question for US oil producers remains one of timing. How long will the oil price slump last? After the oil price crash in 1985, it took almost twenty years for prices to revert to previous levels.

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Opinion: Consumers winning with low oil prices, for now

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Columbia and Associate Director of the Maguire Energy Institute at the Cox School of Business at Southern Methodist University in Dallas says it has: “No question we’re seeing the effects of lower oil prices throughout the economy.”. Bernard Weinstein, Ph.D.,

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Study estimates fuel economy improvements to US light-duty vehicles from 1975–2018 saved 2T gallons of fuel, 17B tons of CO2

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A team from the University of Tennessee and the National Renewable Energy Laboratory (NREL) has the fuel savings due to fuel economy improvements over the past 43 years amount to approximately two trillion gallons of gasoline. gasoline demand would have put upward pressure on world oil prices.

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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

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The reason is that, in the United States, oil is used to generate less than 1% of electricity. Therefore, the recent jump in oil prices (because of the war in Ukraine), should have only a relatively small indirect effect on the cost of electricity.

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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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New research led by Mohammad Masnadi, assistant professor of chemical and petroleum engineering at the University of Pittsburgh Swanson School of Engineering, offers a closer look at the relationship between decreasing demand for oil and a resilient, varied oil market—and the carbon footprint associated with both.

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