Filed under: Uncategorized | Tags: energy, fuel prices, gas prices, gasoline, pain at the pump, petrol
The long view.
click to enlarge
Filed under: Uncategorized | Tags: 2013 oil price, Brent, crack spread, crude oil, EIA, energy, gas prices, oil price predictions, refinery profits, transportation, WTI
Always kind of funny. Flat-line forever.
Filed under: Uncategorized | Tags: boehner, congress, energy, gas prices, Mitch McConnell, peak oil, reid, SPR, strategic petroleum reserve
And that leaves me in weird agreement with Mitch McConnell, one of the most objectionable individuals in the entire den of thieves on Capitol Hill:
“The [SPR] is there for an emergency situation. You have to ask the question: If there were release from the [SPR], would it have the desired effect, and how long would it have the desired effect?” McConnell said.
via Worried Dems pressing Obama on gas prices – TheHill.com.
Filed under: Uncategorized | Tags: average gas prices in US, Barry Ritholtz, energy, gas prices, gasoline supplies, historic gasoline price chart, oil consumption, peak oil, retail prices for gasoline, the Big Picture, transportation
Another look, via Barry Ritholtz’ Big Picture Blog:
http://www.ritholtz.com/blog/2012/02/prices-at-the-pump-on-the-rise/
Filed under: Uncategorized | Tags: Brent, crack spread, crude oil and gasoline prices, energy, fuel prices, gas prices, James Hamilton, oil price, peak oil, petrol, petroleum, WTI
My rule of thumb has been that for every $1 increase in the price of a barrel of crude oil, U.S. consumers are likely to pay 2-1/2 more cents for a gallon of gasoline.
Hamilton points to the lack of adequate pipeline infrastructure in the US to explain the gap between Brent and WTI.
via http://www.econbrowser.com/archives/2012/02/crude_oil_and_g.html
Filed under: Uncategorized | Tags: albatross, Brent, crude oil, fuel costs, gas prices, gasoline, Jevon's Paradox, Peak Demand, Peak Everything, peak oil, vehicle miles traveled, Vmt, WTI
VMT (Vehicle Miles Traveled) up slightly in December relative to last December, but down overall for the year, and below its previous peak now for 49 months. With fuel prices on the rise it doesn’t look like it will break above that for quite some time — if ever.
But what do I know.. People are buying cars again. It’s Halftime in America and “the SUV is back.”
From the DOT:
Filed under: Uncategorized | Tags: AAA, energy, fuel gauge report, fuel prices, gas prices, gasoline, Hubbert's Peak, peak oil
Filed under: Uncategorized | Tags: energy, gas prices, january 2012 gas prices, oil consumption, oil demand, peak oil
From Zero Hedge: http://www.zerohedge.com/news/january-gas-prices-all-time-highs
Filed under: Uncategorized | Tags: energy, energy consumption, gas prices, liquid fuel, oil, peak oil, refineries, U.S. average gas price
Via Calculated Risk.
click to enlarge
We almost always ramp up the price in the spring.
Filed under: Uncategorized | Tags: consumption, England, fuel costs, gas prices, Great Britain, imports, petrol, Vmt
Drivers cut short journeys by 165 miles to beat fuel costs – Telegraph.
The headline of the article (concerning ‘the Why’) is an editorialization not entirely supported by the facts within it. Interesting.
