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Why Are Gas Prices So High?

Future Gas Prices News

  • Obituary: Sir Denis Rooke Sunday, September 7, 2008 @ 6:23PMObituary: British Gas chief who went to war with Nigel Lawson over privatisation
  • ConocoPhillips and Origin Energy to Create Long-Term Australasian Natural Gas Business Sunday, September 7, 2008 @ 6:06PMConocoPhillips (NYSE:COP) and Origin Energy (ASX:ORG) today announced their plan to create a long-term Australasian natural gas business focused on coal bed methane production and liquefied natural gas (LNG) processing and sales.
  • ConocoPhillips and Origin Energy to Create Long-Term Australasian Natural Gas Business Sunday, September 7, 2008 @ 5:56PM ConocoPhillips (NYSE:COP) and Origin Energy (ASX:ORG) today announced their plan to create a long-term Australasian ...
  • Bush: Congress should allow more offshore drilling Sunday, September 7, 2008 @ 5:38PMWASHINGTON -- President Bush says if Congress doesn’t permit offshore drilling to increase U.S. oil supplies and possibly ease gasoline prices, lawmakers should not expect voters to support them in November.
  • JapanToday: Japan News and Discussion ジャパントゥデイ:日本のニュースを英語で読む Sunday, September 7, 2008 @ 5:22PMCanada’s prime minister on Sunday triggered an early election, dissolving Parliament in a bid to bolster his party’s grip on power in a vote next month that will be the country’s third national ballot in four years.
  • GDF Suez has entered exclusive talks to buy a portfolio of producing fields in the Dutch North Sea from Shell and ... Sunday, September 7, 2008 @ 4:25PMYou might have thought that running a five-a-side football business would provide some perks on the pitch. A few missed tackles from your opponents and the odd soft penalty should be the least expected by Goals Soccer Centres finance chief Bill Gow, who still loves his weekly runaround.
  • A petrodollar saved Sunday, September 7, 2008 @ 4:08PMCountries flush with oil and ore should grow faster than those that are barren. Puzzlingly, they often do not. Natural-resource income is spent rashly or invested at the expense of other sectors of the economy.
  • State lawmakers approve extra heating aid Sunday, September 7, 2008 @ 2:50PMHARTFORD — Connecticut lawmakers early Saturday approved additional heating aid for many state residents, schools and social service agencies, and more help for people trying to cut their energy costs this winter.
  • Families In Need of School Supplies Saturday, September 6, 2008 @ 9:14PMThey are basic school supplies. Basics that are luxuries for some families in Rochester during tough economic times. With 80 percent of the students in the Rochester City School District living in poverty, school supply drives have always been important.
  • John McCain?s Energy Follies Saturday, September 6, 2008 @ 8:28PMThe John McCain who understood that the country should expand carbon-free energy sources has receded in time for the campaign.
  • More Lookers Than Buyers At Art Festival Today Saturday, September 6, 2008 @ 7:35PMDowntown Sioux Falls was overwhelmed with lookers, buyers, and plenty of art today.
  • Made in Britain: the man who can see an industrial renaissance Saturday, September 6, 2008 @ 6:14PM This has been the gloomiest week in years for the economy, yet Richard Lambert is unashamedly upbeat about the prospects for the UK becoming a great industrial nation again.
  • Gas prices, parking rates spark rise in RTS riders Saturday, September 6, 2008 @ 2:10AMBecause of high gasoline prices and downtown parking rates, the Regional Transit Service experienced record numbers of annual and commuter ridership for the summer of 2008.
  • Olson turns to grassroots to fight Democrat-paid ads Saturday, September 6, 2008 @ 2:05AMWith a reported $1 million to be spent in television advertising by the Democratic Congressional Campaign Committee on the behalf of U.S. Rep. Nick Lampson, D-Stafford, Republican candidate Pete Olson is combating the current ads with outreach to district supporters.
  • Speech by John McCain to the Republican National Convention Saturday, September 6, 2008 @ 1:13AMThe acceptance speech delivered Thursday evening by presidential candidate John McCain to the Republican National Convention in St. Paul, Minn.
  • Faith in hard times Saturday, September 6, 2008 @ 1:11AM Financial analysts, advisers and observers are trying to help worried consumers as they face bad economic news in jobs, housing, prices and other areas. But suggestions are meager. Most predictions sound dire. And the near future looks grim. It takes a lot of faith -- even for people of faith -- to stay positive and to navigate the treacherous economic waters. We asked people in the faith ...
  • Remarks of GOP presidential nominee John McCain Saturday, September 6, 2008 @ 1:05AMRemarks by Republican presidential nominee John McCain to the Republican National Convention on Thursday, as prepared for delivery:
  • When the going gets tough, the tough get going Saturday, September 6, 2008 @ 12:27AMIn some ways, these are tough times, and many of us are afraid they’ll get tougher. Of course, the place where that’s the most obvious is at the gas pumps.
  • Drilling for oil on public lands should be part of the answer Saturday, September 6, 2008 @ 12:25AMThe controversial bans on drilling offshore and in the Arctic National Wildlife Refuge have preserved precious oil and natural gas reserves owned by the public. Thank environmentalists for this unintended gift.
  • CRT breaks ground for new office building Thursday, September 4, 2008 @ 6:46PMThursday, September 4 ROCKINGHAM -- When Gary Fox introduced everybody who helped Connecticut River Transit start building its new facility, it took him a few minutes to get through the crowd.
  • Brussels told to pursue pipe dream Thursday, September 4, 2008 @ 6:38PMBusiness & money: EU must redouble efforts to build $12bn Nabucco gas pipeline in Azerbaijan says energy commissioner
  • Energy: Brussels told to pursue Azerbaijan pipe dream Thursday, September 4, 2008 @ 6:24PMEU energy commissioner pushes for Nabucco pipeline to go through Georgia and reduce dependence on Russia
  • Weak Guidance Nicks Exelon Thursday, September 4, 2008 @ 6:14PMThe energy utility company dims its earnings expectations, worrying investors.
  • Capitol City Anticipates Rail Yard Redevelopment Thursday, September 4, 2008 @ 5:53PMSacramento is planning for 15,000 homes north of its downtown, most of them on the site of a former railyard.
  • ConAgra Foods´ First-Quarter EPS to Be Affected by Underperformance in Consumer Business; Will Update Investors on ... Tuesday, September 2, 2008 @ 3:40PMToday ConAgra Foods, Inc. (NYSE:CAG) is announcing that underperformance in the Consumer Foods segment
  • Ky. delegate hopes Palin influences energy policy Tuesday, September 2, 2008 @ 3:38PM Kentucky Secretary of State Trey Grayson is hoping Sarah Palin puts her imprint on national energy policy by persuading John McCain to support drilling in the Arctic National Wildlife Refuge.
  • Oil drilling in the Gulf: 25 miles or 50 miles off our coast? Tuesday, September 2, 2008 @ 3:34PMEnergy bills pending in Congress would lift a long-standing moratorium on oil drilling in the eastern Gulf of Mexico and bring oil rigs as close as 25 miles to Florida’s west coast, if the state approves. The drilling measures are tucked inside bills that also would create incentives for alternative energy research and conservation.
  • Donaldson Reports 19th Consecutive Record Year Tuesday, September 2, 2008 @ 3:30PM MINNEAPOLIS----Donaldson Company, Inc. announced fourth quarter diluted earnings per share of $0.60, a 13 percent increase from $0.53 in the prior year. Net income was $48.6 million, up 12 percent from $43.3 million last year.
  • P. Diddy Eliminates Private Jet, Cuts Carbon Footprint, Complains Tuesday, September 2, 2008 @ 3:14PMEven the superrich are affected by gas prices.
  • Advocates have energy Tuesday, September 2, 2008 @ 3:12PMThe economic downturn of recent months, combined with the rise in the prices of oil and natural gas, have many low-income homeowners worried about facing cuts in service and rising costs this winter, local experts and City Council members said.
  • FPL Files Preliminary Estimates for 2009 with PSC; Customer Bills Would Be among Lowest of Electric Utilities in Florida Tuesday, September 2, 2008 @ 2:59PMFlorida Power & Light Company today said its preliminary estimates for 2009 customer bills will require an increase in January of about 7 percent over the December 2008 bill.
  • Oil drops $4 as weakened Gustav hits U.S. Gulf Coast Tuesday, September 2, 2008 @ 12:12AMLONDON (Reuters) - Oil plunged more than $4 on Monday as concerns that Hurricane Gustav would cause severe damage to the U.S. oil sector eased after the storm weakened before hitting the Louisiana coast.
  • Fuel costs limit athletics travel Tuesday, September 2, 2008 @ 12:06AMRising gas prices are hitting close to home for Americans hitting the road, but also for any organization whose members routinely travel - like a sports team.
  • Behind Door Dealing Doubles Cost Of ETS Monday, September 1, 2008 @ 9:49PMA "behind closed doors" deal with the Green Party to get their support for the emissions trading Bill has significantly increased the cost of the scheme for all energy users in New Zealand, according to the Greenhouse Policy Coalition.
  • Austral Pacific Reports A7 Discovery Well Now Producing Monday, September 1, 2008 @ 9:40PM Austral Pacific Energy Ltd.
  • Hard choices at hand on transit expansion Monday, September 1, 2008 @ 2:04AMTuesday is setting up to be another long, hard, ugly session at County Hall for the weary riders of Miami-Dade Transit and for taxpayers who approved a half-cent sales tax in 2002 with the belief that it would vastly improve public transportation.
  • Campaign 2008 is deja vu for Derby Monday, September 1, 2008 @ 1:54AMELKO - For Jill Derby, the summer of 2008 is a lot like the summer of 2006.
  • Goodbye to gas-guzzing? Monday, September 1, 2008 @ 1:03AMBy Brett Clanton Houston Chronicle HOUSTON -- Though pump prices have cooled off in recent weeks, a nationwide pullback in gasoline usage continues -- for now.
  • Black Hills offers lock-in price program for natural gas Monday, September 1, 2008 @ 12:46AMOfficially, it’s still summer. Autumn-like temperatures in the final weeks of August have some people wondering: Are we in for a bad winter, and if so, will we pay more to heat our homes and businesses?
  • GCC gas demand to grow at more than twice the oil rate Monday, September 1, 2008 @ 12:39AM01 September 2008 Gas demand in the GCC could grow at more than twice the demand for crude oil, says a report. Under current forecasts, demand for gas in the GCC could grow at 6.66 per cent per annum in the period from 2007 to 2012.
  • Hard choices ahead on Miami-Dade transit expansion Sunday, August 31, 2008 @ 7:34PMBY LARRY LEBOWITZ llebowitz@MiamiHerald.com Tuesday is setting up to be another long, hard, ugly session at County Hall for the weary riders of Miami-Dade Transit and for taxpayers who approved a half-cent sales tax in 2002 with the belief that it would vastly improve public transportation.
  • MCC Students Move In for New Semester Sunday, August 31, 2008 @ 6:38PMMany students hit the books this Tuesday as Labor Day weekend marks the end of summer. MCC students spent the holiday weekend moving into their dorms.
  • Commodities better option Sunday, August 31, 2008 @ 6:26PMCOMMODITIES are expected to remain one of the best investments this year amid the global economic slowdown as strong demand will persistently outstrip supply.
  • Neal Lawson: A windfall fuel tax is only fair Sunday, August 31, 2008 @ 6:12PM This week, the Government is expected to announce measures to help poorer consumers hit by the rocketing prices for energy. It should go further and impose a one-off windfall tax on the unearned profits of the energy companies – a measure which has the backing of 100 Labour MPs.
  • AP Financial NewsBrief at 2:36 p.m. EDT Sunday, August 31, 2008 @ 6:04PMCHICAGO (AP) _ Americans are changing the game plan for retirement, with millions laboring right past the traditional retirement age and working into their late 60s and beyond.
  • Car Hits Building, Suspects Flee Sunday, August 31, 2008 @ 3:37PMRochester police apprehended two of four suspects who fled from an early morning accident scene Sunday. Officers responded to the corner of State and Brown Streets around 5 a.m. for the report of a car crashed into a building.
  • New Orleans Report Back from Area Funeral Director Sunday, August 31, 2008 @ 2:37PMA local funeral director returned home from New Orleans Saturday night after helping the city mark the third anniversary of Katrina. Scott Anthony, of Anthony Funeral Chapels in Webster, Ny, is also treasurer of the national charity Funeral Services Foundation.
  • The poetics and the politics Friday, August 29, 2008 @ 4:28PMThe Democratic convention witnessed both soaring rhetoric and hard logic
  • The best of strategic shopping Friday, August 29, 2008 @ 4:20PMOver the past several months, I’ve gotten more questions about grocery savings from the media than ever. To make sure I am giving the most accurate, timely answers, last spring I decided to see how low I could keep our family’s grocery spending while still feeding them a healthy diet.
  • Most Fuel-Efficient American Cars Friday, August 29, 2008 @ 4:19PMOnly one of the big three U.S. automakers delivers on an array of fuel-efficient models.