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$80 a barrel but $2.50 a gallon! What gives?

With the lack of major storms out in the US oil patch and apparent high short term supplies, fuel prices seem modest. In New Jersey, the price was below $2.50 a gallon! Why worry? Everything is fine! Well, not exactly. At $80 a barrel, mid-winter heating prices are liable to be steep this year. $78 is the recent high, back about 2 years ago. There is no major change in the overall view of near- and mid-term petroleum supplies. World oil production is still very close to world oil demand. Refineries are straining and weather and terrorism are ... Read more →

How to reach $4 a gallon Joel Arellano

With gas prices to remain steady around $3 a gallon, the media's been having a field day, predicting that $4 may be reached by year's end. Apparently, though, it'll take a lot of factors to jack up ...

SUV and gas prices: looking beyond the numbers Joel Arellano

Though individual dealerships and brands have reported different numbers regarding SUV purchases, overall sales for new ones have been declining especially among middle class buyers. Also, many ...

$80 a barrel but $2.50 a gallon! What gives? 2 years ago on Autoblog Green

With the lack of major storms out in the US oil patch and apparent high short term supplies, fuel prices seem modest. In New Jersey, the price was below $2.50 a gallon! Why worry? Everything is fine! Well, not exactly. At $80 a barrel, mid-winter heating prices are liable to be steep this year. $78 ...

How to reach $4 a gallon 3 years ago on Autoblog Green

With gas prices to remain steady around $3 a gallon, the media's been having a field day, predicting that $4 may be reached by year's end. Apparently, though, it'll take a lot of factors to jack up prices to such a level. States analyst Mark Routt of the Energy Security Analysis, Inc., "One of two ...

SUV and gas prices: looking beyond the numbers 3 years ago on Autoblog Green

Though individual dealerships and brands have reported different numbers regarding SUV purchases, overall sales for new ones have been declining especially among middle class buyers. Also, many current owners are trying to sell their vehicles and downsize into a more fuel-efficient car in the hopes ...


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