gas prices

The seesaw action of oil prices continues, as West Texas and Brent traded slightly higher in Tuesday morning's action; $62 and $65 per barrel respectively.  Patrick DeHaan with Gasbuddy.com said oil prices remain challenged compared to where they started the year.   “...

Iran, Venezuela, peace talks between Ukraine and Russia, and the struggling Chinese economy, there's lot for investors, specifically oil investors to focus on these days.  Patrick DeHaan with GasBuddy.com said that’s been the pattern for the oil community for the past two months.   “Essen...

Oil prices continue their downward trend.  West Texas Crude was down to $65 per barrel in Monday’s trade, while Brent Crude was trading around $66 per barrel, a nearly 2% decrease for both.  Patrick DeHaan with Gasbuddy.com says not only ha...

For the second week of the new year, oil prices have moved higher.  Patrick DeHaan with GasBuddy.com said this most recent trend started last week.   “The Biden administration issuing harsher sanctions on shipping companies and vessels that would operate and take sanctioned crude oil from countries like Iran and Russia and deliver it to countries like China and India," DeHaan noted.  "Th

We’re only a week into the New Year, but oil prices have been moving for most of 2025.  Oil prices were trading around $74 per barrel Monday, reporting some of the highest prices seen in several months.  So, why the sudden jump in crude prices?   “Now there's som...

This time tomorrow, it will be a new year.  What is the expectation of 2025 when it comes to the fuel and energy sector?   Patrick DeHaan with GasBuddy said there are still many questions that make it hard to determine what consumers can expect in the months ahead.   “Chin...

The Federal Reserve cut interest rates by a half a point last week, which was a little larger than some economists had expected.  With that reduction, oil prices moved higher in trade, spending much of the past week in the mid $70 per barrel range.  Pa...

Cheaper gas prices are on the way say officials from GasBuddy.

Without the cap and trade, or carbon taxes that went into effect in January, our gas would be around $.39 cents cheaper (for regular unleaded.

With many investors confident that the worst of the banking situation is behind us, oil prices are moving higher.  West Texas Crude prices increased roughly $4 in the past week, trading in the low-to-mid $70 per barrel range, which means gasoline prices are likely not far behind before moving up.  Despite...