News - Guy Caruso
WASHINGTON, Aug. 26 /PRNewswire/ -- Crude oil prices "could" fall below $100 per barrel over the next 18 months on slowing worldwide demand and an increase in oil production, Energy Information Administration (EIA) chief Guy Caruso said Tuesday.
By The Associated Press WASHINGTON (AP) - World energy demand will grow 50 percent over the next two decades, oil prices could rise to $186 per barrel and coal will remain the biggest source of electricity despite its effect on global warming, government experts predict.The Energy Information Administration's long-range forecast to 2030 said the world is not close to abandoning fossil fuels.
World energy demand will grow 50 percent over the next two decades, oil prices could rise to $186 a barrel, and coal will remain the biggest source of electricity, despite its effect on global warming, government experts predict.
By The Associated Press WASHINGTON (AP) - Gasoline prices should peak at $4.15 per gallon this summer, the government says - finally an encouraging word for motorists who might be thinking the cost of a fill-up will just keep climbing.But wait: The predicted relief is pretty modest.
By H. Josef Hebert WASHINGTON - Gasoline prices should peak at $4.15 a gallon this summer, the government says - finally an encouraging word for motorists who might be thinking the cost of a fill-up will just keep climbing. The predicted relief is pretty modest.
