Natural gas prices fall more than 2 percent
NEW YORK — Natural gas prices fell more than 2 percent today after the government reported that U.S. supplies, though not enough to justify higher prices. The recent cold snap throughout the U.S. had...
View ArticleOil prices hit $100 per barrel
NEW YORK — Oil prices hit $100 per barrel for the first time since 2008, driven by growing concerns about global supplies, as Libya’s Moammar Gadhafi continued to lose his grip on the oil-rich country....
View ArticleHigh pump prices rattle drivers and businesses
NEW YORK — High fuel prices are putting the squeeze on drivers’ wallets just as they are starting to feel better about the economy. They’re also forcing tough choices on small-business owners who are...
View ArticleOil prices hit highest level since Sept. 2008
NEW YORK — Oil prices hit a 29-month high today after the government said the nation’s unemployment rate fell to 8.9 percent in February. The Labor Department said the economy added 192,000 jobs last...
View ArticleOil prices fall to lowest level in weeks
NEW YORK — Oil prices fell sharply today on deepening fears about Japan’s economy after its nuclear crisis worsened following a devastating earthquake and tsunami. Potentially dangerous levels of...
View ArticleGasoline close to record high before Labor Day
NEW YORK — Gasoline is nearly the highest it’s ever been for this time of year, just ahead of the Labor Day weekend. The run-up in oil prices this year, combined with a rash of refining problems...
View ArticleSummertime blues for drivers: Gas at August record
You may pay more than ever for a late-summer drive. U.S. drivers paid an average of $3.72 per gallon today. That’s the highest price ever on this date, according to auto club AAA, a shade above the...
View ArticlePump prices fall as oil prices increase slightly
Gas prices are finally heading lower, but motorists shouldn’t expect the numbers at the pump to drop quickly this autumn. The national average for retail gasoline fell about a penny today to $3.833 per...
View ArticleGasoline prices predicted to fall in 2013
Forecasters say ample oil supplies and weak U.S. demand will keep a lid on prices. The lows will be lower and the highs won't be so high compared with a year ago. The average price of a gallon of...
View ArticleAmerican oil companies call for end to export ban
American oil companies have not been allowed to export crude for 40 years, but the industry wants to change that, even though the U.S. still consumes far more oil than it produces.
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