Tag Archives: u.s energy information agency

U.S. Oil Imports Declining Since 2005 Peak. It’s Not All Good

There are several problems with the imported oil numbers since oil is mostly imported as crude, an unrefined product, but is consumed as a refined product. In between there is refinery gain – yes, gain – whereby more comes out of the process of splitting heavier oils into lighter ones. Continue reading

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U.S. Gasoline, Diesel Prices Move Higher, Setting May Record

The U.S. average retail price of regular gasoline added more than 8 cents over the last week to tally $3.96 per gallon.

This is $1.07 per gallon higher than last year at this time and is the highest price in May since the U.S. Energy Information Agency began tracking weekly data in 1990 as if drivers need the federal government telling them what they are paying – painfully – at the pump. Continue reading

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Gasoline Prices Rise for Fifth Straight Week, Diesel Price Falls

The U.S. average retail price of regular gasoline increased three and a half cents from last week to $3.88 per gallon, according to the U.S. Energy Information Administration.

This is $1.03 per gallon higher than last year at this time and is the highest price in April since the Energy Information Administration began tracking weekly data in 1990. Continue reading

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