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News Results

Retail Sales Inch Higher as Gas Slips
That reflected a 9 percent fall in wholesale gas prices. The decline at the pump could bode well for consumers in the coming months. The average national price for a gallon of gas was $3.54 Wednesday, 40 cents cheaper than the year’s peak ...
New York Times
Kentucky gas tax set to increase again next month
The increase is automatic because Kentucky's tax is tied to the average cost of wholesale gas, which has been rising. Kentucky Transportation Cabinet spokesman Chuck Wolfe told The Courier-Journal that the increase is expected to generate about ...
Evansville Courier-Press
The Death of Petro-State Risk
And as much as the US is tempted to increase tax takes from new found production, wholesale gas prices are already putting producers in the red. ‘Lite touch’ would still be too heavy for most American balance sheets to bear. That’s while ...
Gas Prices Taking a Dip Once Again
In fact, DeHaan says we've seen the lowest wholesale gas prices this week than we have all year. DeHaan says it's possible that we could see gas prices below three dollars during the autumn and winter months. He says the odds are good that we could be ...
Gas prices just keep dropping
Those who said they definitely were not traveling cited high gas prices more than any other reason. Analysts said wholesale gas prices dropped at the end of May, a reduction now being felt at the pump here and across the country. Refineries were also ...
Lower gas prices expected to help U.S. economy
That's the biggest decline since July 2009. It reflected a 9 percent fall in wholesale gas prices. Consumers are already feeling less pinched by gas prices. The average national price for a gallon of gas was $3.54 Wednesday - 40 cents cheaper ...
"This is due to increases in wholesale prices and because the euro is weakening versus sterling, which impacts Irish consumers as wholesale gas is bought in sterling. "As part of the consultation the Commission for Energy Regulation hold in ...
Can plunging oil price save global economy?
Wholesale gas prices dropped about 4 per cent this week after holding steady in the first half of June, he said in a report, so the run-up has now been almost completely unwound. Mr. Shepherdson runs through the math, calculating that Americans spent an ...
Globe and Mail
Nomura - Preview: US PPI increase of 0.1% in May; Business inventories up 0.3% in April
"Producer prices: We believe lower wholesale gas prices resulted in a 0.7% decline in headline PPI in May (Consensus: -0.6%). We forecast an increase of 0.1% (Consensus: +0.2%) in “core” prices (ex-food and energy). Business inventories:
What went up at the pump MAY be coming down
The confusing thing is the latest big jump at the pumps happened when wholesale gas prices were falling and crude oil slipped to just above 79-dollars a barrel for a time yesterday. Regardless, the choice is yours to pay the most or the least for your ...
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