HOUSTON, May 22 — Energy prices fell May 21 with the biggest one-day drop in natural gas futures prices since August 2007 as the major US equity stock indexes were hammered and the dollar gained in value.
The front-month crude contract fell from a 6-month high but remained above $61/bbl on the New York Mercantile [...]
PERTH (Reuters) – Oil hovered little changed above $56 a barrel on Monday, pausing from the previous session’s near 4 percent loss, as the market awaited further economic data and movements in equities markets for directions.
U.S. crude for June delivery nudged up 5 cents to $56.39 a barrel by 11:48 p.m. EDT. The contract fell [...]
PERTH (Reuters) – Oil hovered little changed above $56 a barrel on Monday, pausing from the previous session’s near 4 percent loss, as the market awaited further economic data and movements in equities markets for directions.
U.S. crude for June delivery nudged up 5 cents to $56.39 a barrel by 11:48 p.m. EDT. The contract fell [...]
The average price of gasoline in the U.S. jumped 2.8 cents overnight to $2.169 for regular Friday, an enormous leap by recent standards.
The average is up 12.2 cents the past month, after having seemed stuck around $2.
But the sudden move is unlikely to be harbinger of a record year.
The jump in pump price reflects even [...]
NEW YORK (AP) — Oil prices wavered Thursday as the nation’s employment picture darkened and consumers pulled back on spending.
Benchmark crude for June delivery ticked up 15 cents to settle at $51.12 a barrel on the New York Mercantile Exchange. In London, Brent prices rose 2 cents to settle at $50.80 a barrel on the [...]
A report looks at the environmental benefits and drawbacks of wind power.
Wind farms are growing in popularity across the country as states, communities, and companies look to clean, renewable energy sources to reduce greenhouse gas emissions and reliance on fossil fuels. But the government hasn’t given these groups sufficient guidance on what environmental factors [...]
NEW YORK (Dow Jones)–Crude futures traded lower Tuesday amid concerns that the swine flu outbreak would curb oil demand.
Light, sweet crude for June delivery traded traded $1.25, or 2.5%, lower at $48.89 a barrel the New York Mercantile Exchange. Brent crude on the ICE futures exchange traded $1.14 lower at $49.18 a barrel.
Commodities and [...]
WASHINGTON, April 27 (Reuters) - The average retail price for U.S. gasoline fell a penny over the last week to $2.05 a gallon, backing off its highest pump price so far for the year, the Energy Department said on Monday.
The national price for regular unleaded gasoline is down $1.55 from a year ago, the [...]
If the demand for electrical service continues to climb, utility customers can expect steady increases in their bills over the next 20 years.
Mississippi University for Women’s College of Business and Legal Studies hosted the school’s first energy conference at Nissan Auditorium Tuesday morning.
The event’s keynote speaker was mechanical engineer Kim Greene, the chief financial officer [...]
CUMBERLAND — For the first time in nearly five months, the national average price of gasoline increased to more than $2 a gallon, at $2.01 a gallon Thursday.
The last time gas prices were at this level was the week before Thanksgiving when the national average fell to $2.02 a gallon. The price had remained below [...]
