Total proved & probable reserves of 17.8 MMBOE - First reserves assigned at South Texas oil project - First independent reserves assigned at Delhi - Shallow gas shale project test drilling initiated
HOUSTON, Sept. 9 /PRNewswire-FirstCall/ — Evolution Petroleum Corporation (NYSE Amex: EPM) today reported that its independent reservoir engineers have assigned net proved and [...]
Fossil fuels are a relatively cheap and abundant source of energy for us. We sometimes can feel hopeless, and justifiably so, when gas prices skyrocket for seemingly no reason at all. At the stroke of a finger, the price of oil can be manipulated by a few powerful people, playing with us consumers like puppets. [...]
Crude futures touch a 7-month high - before retreating slightly - as stock markets soar and the dollar weakens.
NEW YORK (CNNMoney.com) — Oil prices touched 7-month highs Monday as global stock markets surged and the U.S. dollar weakened.
Crude futures were up $1.46 at $67.77 a barrel but had reached as high as $68.29 in [...]
Year-over-year costs expected to be lower
Along with the cold weather, the days of dirt-cheap gas are long gone.
After a winter of unleaded gas below $2 a gallon, prices have been heading north all spring long.
Michael Naokes of Westbrookville said he’s aware that “gas prices have gone up,” as he filled up his motorcycle Monday afternoon [...]
NEW YORK, May 22 (Reuters) - The number of rigs drilling for natural gas in the United States fell by 17 to 711 this week, the lowest level in nearly 6-1/2 years, according to a report issued Friday by oil services firm Baker Hughes in Houston.
U.S. natural gas drilling rigs have been in a [...]
Motorists still paying less than they did in 2008
Drivers aren’t exactly thrilled about paying more for gas than they were a month ago, but it sure beats the price they were paying at this time last year.
Gas prices climbed to an average of $2.30 a gallon in the Lafayette metro area Thursday.
That’s up 31 cents [...]
NEW YORK (AP) — Retail gasoline prices continued to climb Friday ahead of the Memorial Day weekend and the unofficial start of America’s summer driving season.
The national average pump price increased nearly 3 cents overnight to $2.391 a gallon, according to auto club AAA, Wright Express and Oil Price Information Service. Gasoline prices ticked [...]
The average price per gallon of self-serve regular climbs 6.9 cents to $2.424 in the state and 16.2 cents to $2.240 nationally, the government’s weekly survey of fuel stations shows.
With rising oil prices providing a brisk tail wind, gasoline prices jumped during the last week, rising nearly 7 cents a gallon in California and more [...]
Drivers are turning to alternative fuels and cutting consumption.
Dick Messer is paying a pretty good price these days to fuel his drive from Riverside to work: the equivalent of about $1.35 a gallon. But Messer, who has collected, restored and raced gasoline-powered cars for more than 50 years, isn’t commuting on gasoline anymore to his [...]
For the moment, forget about falling home prices, rising unemployment and other economic hardships. There’s good news to report: Gas prices during the heavy summer driving season should be substantially lower than they were last year.
Though gas prices have been inching up in recent weeks, experts say they don’t expect major price spikes this year, [...]
