Filed under: Uncategorized | Tags: energy, fuel prices, gas prices, gasoline, pain at the pump, petrol
The long view.
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: 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.