By - Jim Vess

2019 summer retail gasoline prices slated to be lower than last summer’s, EIA says

Energize Weekly, April 24, 2019 The average summer retail price for regular-grade gasoline in the U.S. will be about 3 percent lower in 2019 than in 2018 at $2.76 a gallon, according to the federal Energy Information Administration (EIA) Summer Fuels Outlook. The cost of gasoline is primarily driven by the cost of crude oil since distribution expenses and taxes

By - Jim Vess

U.S. petrochemical industry growing despite oil price plunge

Energize Weekly, April 13, 2016 Investment in the U.S. petrochemical industry continues to grow despite upstream companies continuing to cut back because of consistently low oil prices, according to a new report by the American Chemistry Council (ACC). The ACC report says that investment in the chemical industry linked to natural gas and natural gas liquids (NGLs) from shale formations

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