Oil prices have inched a little higher in the past week, rebounding from the lowest prices we’ve seen in roughly a year. A barrel of West Texas was up roughly $2 in Monday’s trade, hovering around $75. And while that is higher week-over-week, Patrick DeHaan with GasBuddy noted that’s still one of the lowest prices we’ve seen in 2022. DeHaan noted the recent swing higher in o...
Oregon senator Ron Wyden is speaking out against “Big Oil.” He said he’s angry about “war profiteering”.
“Big oil is charging far more for the same gallon of gas than they were doing, for example, in other times when we had big economic challenges.”
Wyden went on to add the major oil ...
The Russian invasion of Ukraine boosted fuel prices last week, for the ninth straight week. U.S. fuel prices increased, with gas climbing 7.5 cents to an average of $3.59 per gallon.
A low carbon fuel standard is gas or diesel that contains a lot more biofuel, and attempts to lower the 'impact' of carbon from fossil fuels. It tends to be significantly more expensive that traditional fuels.