During a segment on Shell's drilling expedition in the Arctic, Burnett suggested that «more drilling» in the U.S. is a solution to
high gas prices in California and across the nation, saying: «One way to bring down costs, of course, would be more drilling and that is a highly political topic.»
On the guy who paid his $ 114K student loan in cash, Toronto's hot housing market, record
high gas prices in Vancouver and the top four online investing myths.
In my case, my previous transportation costs added up to $ 9.01 per day (assuming
our high gas prices in Canada of 1.195 $ / L or 4.523 $ / gal).
Despite efforts to reduce emissions, unusually
high gas prices in 2006 meant more electricity was generated by coal, the environment secretary explained.
The higher gas prices in Washington are driven by the state's gas tax, which is 49 cents per gallon.
The Silver State's gasoline comes from refineries in California, which has one of
the highest gas prices in the country.
Lexington is experiencing
its highest gas prices in years just as summer driving season kicks off.
Certainly, this summer will see
the highest gas prices in years.
This plan would move America towards a California - style Low Carbon Fuel Standard, which is partly why Californians pay
the highest gas prices in the country.
But what about in Turkey, where drivers pay
the highest gas prices in Europe, if not the world — the equivalent of $ 11 per gallon this past summer (though you get more for your dollar at the moment)?
Not exact matches
Since the recession ended
in mid-2009, the economy has been expanding at sub-par rates as a string of problems from
higher gas prices to Europe's debt crisis have acted as a drag on the U.S. economy.
Non-Prime users spend a little more than half that ($ 700), but they may be picking up the tab elsewhere, like
in the cost of
gas to shop
in - store, the
higher price of items from big - box retailers, and shipping from other stores.
And
in energy,
high prices for synthetic crude and liquid natural
gas mean producers are generating a lot of extra cash.
Hope for exporting Canada's surplus production, especially from the mammoth shale fields
in northeastern B.C., now rests on the construction of terminals on the B.C. coast to liquefy the
gas and ship it to Asia, where
prices are currently six times
higher than they are here.
PARIS, April 26 (Reuters)- Record output and
high oil
prices helped French oil and
gas major Total report a consensus - beating rise
in net adjusted profit during the first three months of the year, with Total adding it would surpass its production target for 2018.
B.C. Premier John Horgan said Thursday he would like to see the federal government step
in to deal with
high gas prices.
Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising
gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax
in Ontario for
higher gas prices.
«Shell's strong earnings this quarter were underpinned by
higher oil and
gas prices, the continued growth and very good performance of our Integrated Gas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a stateme
gas prices, the continued growth and very good performance of our Integrated
Gas business, and improved profitability in our Upstream business,» Chief Executive Officer Ben van Beurden said in a stateme
Gas business, and improved profitability
in our Upstream business,» Chief Executive Officer Ben van Beurden said
in a statement.
Since the ship set off from London three weeks ago, natural
gas prices in the northeast U.S. have fallen from record levels, which may make it more profitable to send the cargo to Asia or another
higher -
price market, even considering shipping costs.
With air travel and
gas prices still sky
high, more small and mid-sized businesses are using videoconferencing and online meetings
in place of
in - person visits.
During that time,
gas prices in Alberta where actually
higher than prevailing LNG
prices, and so developers thought they could earn a return re-gasifying LNG on the B.C. coast to ship inland to supply our homes and businesses.
While lower crude
prices mean cheaper gasoline
in the U.S., which should spur demand, that's not so much the case
in other countries, where taxes represent a
higher portion of the cost of
gas (as
in Europe).
The difference
in price between B.C.
gas and global LNG wouldn't be
high enough to pay for the operating and capital costs of pipeline and liquefaction assets.
Hastings said the falloff could be a function of the
higher gasoline
prices in the region as shoppers look to consolidate trips to save on
gas.
LONDON, May 1 - BP's profits surged
in the first three months of the year to their
highest since mid-2014, driven by a recovery
in oil and
gas prices and rapid growth
in production.
With oil
prices climbing and demand
high, drivers are paying more to fill their
gas tanks than they have
in three years.
Today's
high prices for
gas in Asia, for example, owe a lot to the Fukushima nuclear disaster, which saw nuclear power substituted with natural
gas in Japan — and was completely unpredictable.
Laut said the company will support TransCanada Corp.'s planned expansions of its Alberta and B.C.
gas gathering pipeline system
in hopes that better market access will lead to
higher prices.
BP beat analyst expectations on Tuesday, as
higher crude
prices and rising production levels helped to fast - track a recovery
in one of Europe's largest oil and
gas companies.
With
high oil
prices persistently poised to derail the global economy, with large economies like Germany and Japan swearing off nuclear
in the wake of the Fukushima Daiichi disaster, with coal hampered by looming emissions caps, unexpectedly abundant
gas seems poised to fill the energy void.
The extraordinary cost reductions achieved by North American oil and
gas companies have likely reached their limit, and any boost
in profitability for much of the U.S. shale and Canadian oil sands industries will have to come from
higher oil
prices, according to a new report from Moody's Investors Service.
In BC, motorists don't seem to mind paying a
higher fuel tax, which adds an additional 7 cents per litre to the
price they pay at the
gas station.
July 2016 Oil and
Gas Prices Global crude markets showed resilience
in June when both Brent and WTI rallied to a 2016
high above $ 51 / bbl, due to continuing outages
in Nigeria and Canada, as well as a 1.7 % decline
in U.S. production.
Do you buy a big home
in the suburbs and risk
high gas prices for your daily commute, or pay more to live
in the city and skip the car altogether?
He explains
in a different way why
high resource
prices can not last, whether they are for oil, or natural
gas, water, or even fresh air.
Natural
Gas Natural gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
Gas Natural
gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and higher exports of the fuel.1 Spot prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas futures were among the quarter's key decliners -LRB--7.5 %, to US$ 2.73 per million British thermal units) as production growth outweighed seasonal consumption and
higher exports of the fuel.1 Spot
prices saw an even larger drop of 20.6 % (to US$ 2.81) as the support of December's weather - related demand spikes faded and a more normal winter pattern developed.1 Natural
gas generally took its downward price cues from elevated US production and growth in the natural gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas generally took its downward
price cues from elevated US production and growth
in the natural
gas - focused rig count, which increased from 179 to 194 in March alone.2 Despite the price drop, traders remained optimistic given surging US shale - gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas - focused rig count, which increased from 179 to 194
in March alone.2 Despite the
price drop, traders remained optimistic given surging US shale -
gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest in four years.3 Moreover, total natural gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas exports and a supply deficit that was 20 % larger than the five - year average at March - end, the biggest
in four years.3 Moreover, total natural
gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas inventories of 1.38 trillion cubic feet were nearly 33 % below their year - ago level.3 Meanwhile, the market appeared focused on an anticipated production surge (2018 is projected to be a record growth year for
gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain suppli
gas supplies) and may have overlooked intensifying demand as US exports increasingly helped drain supplies.
Despite huge gains
in oil production, the average
price of a gallon of
gas in the US has set a new record
high in each of the last two years.
We tackle a host of news items
in Oil and
Gas including; British Columbia halts development of the TransMountain pipeline, consumers face
high prices at the pumps, and China's new intelligent highway will be able to charge electric vehicles as they...
High prices in D.C. are likely related to its expensive real estate market — expensive neighborhoods have expensive
gas.
North Carolina
gas prices are far from being some of the
highest in the nation.
Florida was one of seven states to raise
gas tax
prices in 2017 — overall, Florida's
gas tax is also one of the
highest in the country at 34.77 cents per gallon,
priced to restore and maintain the state's aging infrastructure.
Although Delaware has one of the lowest
gas prices in the nation, $ 2.37 is still
higher than the lowest
price recorded
in 2017.
The state also has one of the
higher state
gas taxes
in the nation at over 37 cents per gallon, which also affects
prices for New Jersey drivers.
Illinois»
highest recorded average
gas price was $ 4.32
in May 2011.
New York's
gas prices are
in large part driven by its
high taxes — the
gas tax rose to over 43 cents per gallon
in 2017.
In 2018, the average price of gas is much higher, but Oklahoma still ranks as one of the states with the lowest gas prices in the natio
In 2018, the average
price of
gas is much
higher, but Oklahoma still ranks as one of the states with the lowest
gas prices in the natio
in the nation.
So, Canadians are both paying
higher gas prices as a result of
higher world oil
prices and getting less for their oil production as a result of the depressed regional oil
prices in the Midwest.
According to GasBuddy, Arizona's
highest and lowest recorded average
gas prices both occurred
in 2008.
Currently, the average
price of
gas in the Peace Garden State is well below its
highest recorded average
in 2013 of $ 4.24 per gallon.
Both Canada and Norway have benefited from
higher world energy
prices, but the oil and
gas sector accounts for a much larger proportion of the economy
in Norway.