Oil futures: crude -1%, below $97/barrel on dollar strength
Crude oil futures prices were weaker Tuesday, trading below $97 a barrel as the dollar strengthened against the euro. FULL STORY »
U.S. gas: Futures higher, biding time before summer demand
Natural gas futures rose Monday on followthrough buying after a drop in the weekly drilling rig count, but traders said an uncertain near-term weather outlook may cap further gains. FULL STORY »
U.S. gas: Futures ease on moderating demand view
Natural gas futures fell Friday as market participants bet that mild weather in the coming weeks would curb demand for the heating and power-plant fuel. FULL STORY »
Oil futures: Gasoline plunges, taking crude oil with it
Gasoline futures plunged Wednesday, pulling the price of oil with it, after an unexpected rise in U.S. inventories. FULL STORY »
Natural Gas Outlook: Prices Fall As Bitter Cold Weather Subsides
Natural gas prices fell at most market locations across the country, as bitterly cold weather subsided. At the Henry Hub, the natural gas price fell 7 cents from $4.55 per million Btu (MMBtu) on Wednesday, January 12, to $4.48 per MMBtu on Wednesday, January 19.
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Gasoline Prices: What Next, With Prices Already Above $3 Per Gallon?
In late December, the average national retail price of regular grade gasoline rose above $3 per gallon for the first time since October 2008. FULL STORY »
Retail Gasoline & Diesel Prices Increase For The Seventh Straight Week
The U.S. average retail price for a gallon of gasoline increased for the seventh straight week, advancing a cent and a half versus last week to $3.10 per gallon, $0.37 per gallon higher than last year at this time. FULL STORY »
Natural Gas Outlook: Cold Forecasts Lift Futures Prices Higher
At the New York Mercantile Exchange, futures prices increased during the report week, likely in part due to forecasts of continuing cold weather and improving economic conditions.
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The Short-Term Outlook For Non-OPEC Supply Growth
On January 11, the Energy Information Administration (EIA) released its latest Short-Term Energy Outlook (STEO), which includes the first STEO forecast for 2012. EIA expects a continued tightening of world oil markets over the next two years. FULL STORY »
Retail Gasoline Prices Continue To Rise
The U.S. average retail price for a gallon of gasoline increased for the sixth straight week, advancing almost two cents versus last week to $3.09 per gallon, $0.34 per gallon higher than last year at this time. FULL STORY »
U.S. Natural Gas Consumption Expected To Decline In 2011
EIA expects total natural gas consumption to decline by 0.9 percent in 2011. Projected residential and commercial consumption fall by about 2.7 percent in 2011 partly because of the forecast of 1.3 percent fewer heating degree-days during the winter months this year compared with last year FULL STORY »