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How crude-oil prices influence gasoline prices

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Gasoline is one of the products refined from crude oil. Thus, the price of crude oil should have a strong influence on the price of gasoline. However, the retail price of gasoline includes other costs as well. Gasoline prices are also influenced by gasoline demand relative to gasoline supply.

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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: Consumers winning with low oil prices, for now

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Lest we be too quick to forget whence we came, America is now 9-months into lower gasoline prices, which started their swoon the week of June 30, 2015 from a lofty national average just under $3.70, tumbling almost every subsequent week before bottoming and bouncing from $2.02 quota, with oil already allocated away from the U.S.,

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

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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. The raw data—the retail prices of regular gasoline, on-highway diesel, and residential electricity—came from the Energy Information Administration. Month (2022).

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NTU Singapore to develop technologies to extract hydrogen from liquid organic hydrogen carriers

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Liquid organic hydrogen carriers are flexible media for the storage and transportation of renewable energy. The research project thus has the potential to allow for more efficient and economical transport of hydrogen, which can in turn contribute to the expansion of global hydrogen supply chains.

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ExxonMobil seeking to boost growth, continue work on lower-emissions technologies including biofuels and carbon capture

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ExxonMobil expects to increase annual earnings potential by more than 140% and double potential annual cash flow from operations by 2025 from 2017 adjusted earnings, assuming a 2017 oil price of $60 per barrel adjusted for inflation and based on 2017 margins.

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Study concludes significant additional transport policy interventions will be required for Europe to meet its GHG reduction goal

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Transport GHG emissions in the “No New Policies” case (NNP) and the “Lowest” case (L). As deeper cuts are likely to be made in other sectors, this requires a cut of at least 60% in transportation GHG emissions, most notably CO 2 , by midcentury. Dray, from the University of Cambridge, Andreas Schäfer from Stanford, and Moshe E.