Posts Tagged ‘Tom Doggett’

Christmas gasoline price lowest in 5 years

December 23rd, 2008

WASHINGTON (Reuters) - U.S. drivers are paying the lowest gasoline prices in five years heading into a Christmas holiday week, the government said on Monday.
The national price for regular unleaded gasoline is $1.65 a
gallon, down just over half a cent from the previous week and $1.33 less than a year ago, the federal Energy Information [...]

U.S. gasoline tax hike unlikely, key Senator says

November 18th, 2008

WASHINGTON (Reuters) – The new Congress probably will not approve legislation to raise the federal tax on gasoline, the chairman of the Senate Energy Committee said on Monday.
Democratic Sen. Jeff Bingaman said he was aware of arguments that a “variable tax” should be put on U.S. gasoline to prevent falling pump prices from encouraging Americans [...]

Bush budget calls for Arctic oil drilling in 2010

October 14th, 2008

WASHINGTON (Reuters) - The Bush administration on Monday again asked Congress to allow oil and natural gas drilling in Alaska’s Arctic National Wildlife Refuge, saying $7 billion could be raised in leasing fees from energy companies.
In its proposed budget for the 2009 spending year, which begins on October 1, the White House said it assumed [...]

US heating oil up 90 cents from year ago at $3.67 a gallon

October 12th, 2008

United States - By Tom Doggett
WASHINGTON (Reuters) - As the U.S. heating season gets underway, the average price that homeowners paid for heating oil was $3.67 per gallon this week, the government said Wednesday.
The nationwide heating oil price is 90 cents higher than a year ago, according the federal Energy Information Administration’s weekly [...]

Lower Demand and Falling Oil Prices Unlikely to Prompt OPEC Action: Abraham Energy Report

October 7th, 2008

By Tom Doggett
WASHINGTON, Oct 6 (Reuters) - U.S. retail gasoline prices fell 15 cents a gallon over the last week, dropping below an average $3.50 a gallon for the first time in six months, the government said on Monday.
The national price for regular unleaded gasoline is $3.48 a gallon, up 71 cents from a year [...]