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U.S. consumers should pay about $3.53 for a gallon of regular unleaded gasoline this summer, down from last year's average, the government said.
There's an emerging U.S. energy trend that relates population to usage and production, the U.S. Energy Department said.
U.S. vacationers during peak summer driving season can expect to pay around $3.63 for a gallon of regular unleaded gasoline, an Energy Department report said.
The Brent crude oil pipeline system in the North Sea will reopen only after internal safety checks confirm its safe to do so, said operator Taqa.
The U.S. Energy Department said some factors contributing to retail gasoline prices spikes aren't yet felt by consumers at the pump.
The U.S. Energy Department said it expects gasoline prices for 2013 to average $3.55 per gallon, down 8 cents compared to last year's estimates.
Market analysts are betting that gasoline prices in the United States may remain in the grips of an early season spike, an oil analyst said.
Rising crude oil prices and refinery issues in the Midwest mean commuters Monday in the Chicago metropolitan area paid top dollar for gasoline, AAA reports.
Higher crude oil prices and a fire that closed a refinery in Ohio are leading to gasoline price spikes in the U.S. Midwest, market analysts say.
Iran "does not really care anymore" about economic sanctions imposed on its energy sector because of export revenues, an economic consultant said.
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United Press International
United Press International
United Press International
