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Latest Energy Information Administration Stories

2006-08-16 12:49:54

WASHINGTON (Reuters) - Americans should enjoy falling gasoline prices for the next several weeks as they wrap up their summer vacations, the government's top energy forecasting agency said Wednesday. The national price for regular unleaded gasoline fell 3.8 cents over the last week to $3 per gallon, the biggest one-week drop at the pump since mid-May but still 45 cents more than consumers shelled out last year. This summer's average gasoline price has been the highest on record,...

2006-08-07 16:38:01

By Tom Doggett WASHINGTON (Reuters) - U.S. motorists will not face shortages of gasoline because of BP Plc's shutdown of its giant Prudhoe Bay oil field in Alaska, even though pump prices may rise, the government's energy forecasting agency said Monday. BP announced over the weekend it was shutting down its 400,000 barrel-a-day Alaskan oil field to repair corrosion in the transit pipeline that moves the crude. U.S. crude oil prices settled $2.22 a barrel higher at the New York...

2006-08-07 15:55:53

By Tom Doggett WASHINGTON (Reuters) - The average price American drivers paid for gasoline climbed to within 3 cents of a record high, as a major oil field in Alaska began shutting down and knocking out a big chunk of U.S. crude production, the government said on Monday. The national price for regular unleaded gasoline rose 3.4 cents over the last week to $3.04 a gallon, according to the federal Energy Information Administration's weekly survey of service stations. That was up 67...

2006-07-31 15:55:40

By Tom Doggett WASHINGTON (Reuters) - U.S. gasoline prices are still rising, but drivers got a little break at the pump over the last week as they did not have to dig much deeper into their pockets to fill up, the government said on Monday. The national price for regular unleaded gasoline rose a slight 0.1 cent to just over $3 a gallon, according to the federal Energy Information Administration's weekly survey of service stations. That was up 71 cents from a year ago and closer to...

2006-07-26 13:38:04

By Tom Doggett WASHINGTON (Reuters) - U.S. drivers should expect to pay around $3 a gallon coast to coast for gasoline through the rest of the summer, the government's top energy forecasting agency said on Wednesday. The federal Energy Information Administration said it expects "gasoline prices to remain in the vicinity of $3.00 per gallon for much of the rest of the summer, with any significant price declines not likely to occur before September (after the Labor Day holiday) when...

2006-07-26 13:11:47

WASHINGTON (Reuters) - U.S. drivers should expect to pay around $3 a gallon coast to coast for gasoline for the rest of the summer, the government's top energy forecasting agency said on Wednesday. The federal Energy Information Administration said it expects "gasoline prices to remain in the vicinity of $3.00 per gallon for much of the rest of the summer, with any significant price declines not likely to occur before September (after the Labor Day holiday) when demand typically...

2006-07-26 12:15:43

WASHINGTON (Reuters) - U.S. drivers should expect to pay around $3 a gallon coast to coast for gasoline for the rest of the summer, the government's top energy forecasting agency said on Wednesday. The federal Energy Information Administration said it expects "gasoline prices to remain in the vicinity of $3.00 per gallon for much of the rest of the summer, with any significant price declines not likely to occur before September (after the Labor Day holiday) when demand typically...

2006-07-11 12:48:05

By Tom Doggett WASHINGTON (Reuters) - The U.S. government's top energy forecasting agency on Tuesday raised its estimate for the average price American drivers will pay for gasoline this summer to $2.88 a gallon, reflecting higher oil costs. That's 12 cents more than the $2.76 average price the federal Energy Information Administration had previously forecast, and 51 cents higher than last summer's pump price. The Energy Department's analytical arm released its latest motor fuel...

2006-07-10 18:36:27

By Tom Doggett WASHINGTON (Reuters) - The average price U.S. consumers paid for gasoline jumped 3.9 cents over the last week to $2.97 a gallon, the second highest level ever, the government said on Monday. The national pump price for regular unleaded gasoline is up 65 cents from a year ago and not far from the record $3.07 reached last September after Hurricane Katrina disrupted petroleum supplies, according to the federal Energy Information Administration's weekly survey of 800...

2006-07-10 18:27:12

By Tom Doggett WASHINGTON (Reuters) - The average price U.S. consumers paid for gasoline jumped 3.9 cents over the last week to $2.97 a gallon, the second highest level ever, the government said on Monday. The national pump price for regular unleaded gasoline is up 65 cents from a year ago and not far from the record $3.07 reached last September after Hurricane Katrina disrupted petroleum supplies, according to the federal Energy Information Administration's weekly survey of 800...


Word of the Day
barratry
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.
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