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October 11, 2008 3:58:11 AM CDT

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Stories related to: Energy Information Administration

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2 Stories

  • July 2008

    • Gas Use Hits Record Low, Prices Still Sky High

      Wall Street Journal  |  Jul 10, 08 2:21 AM CDT

      Gas Use Hits Record Low, Prices Still Sky High

      (Newser) - Soaring gas prices are changing Americans driving habits, cutting consumption to the lowest levels in five years, reports the Wall Street Journal. Gas consumption dropped by 3.3% to 9.3 million barrels a day compared with last year's Fourth of July holiday. Some 62% of Americans are changing summer plans because of rising gas prices, and 15% have canceled vacations altogether. More »

      Tags

      gas prices  • gas  • oil refineries  • diesel  • New York Mercantile Exchange  • gas consumption  • Energy Information Administration

  • April 2008

    • Oil Expected to Stay Above $100 This Year

      Wall Street Journal  |  Apr 9, 08 6:43 AM CDT

      Oil Expected to Stay Above $100 This Year

      (Newser) - A barrel of crude could end up averaging more than $100 this year, federal handicappers are predicting, just weeks after the triple-digit mark seemed like a troublesome anomaly. OPEC’s parsimony with its reserves, spiking demand worldwide and a dwindling supply outside the Middle East are conspiring to squeeze rates—and last month’s record close of $110.33 might not be the worst of it. More »

      Tags

      energy  • crude oil  • OPEC  • oil companies  • oil crisis  • Energy Information Administration

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