15 Articles
Official
Turns out, prices don't really affect gasoline demand

We've been hearing for a while that the steady drop in US fuel prices are hurting sales of fuel-efficient cars like hybrids and plug-ins. As far as driving habits, though? Lower prices are the pump are having little impact on how much people are behind the wheel, according to the US Energy Information Administration (EIA).

Official
This Labor Day, low gas prices mean more cars on the road [w/video]

It's not hard to understand, when gas prices go up, Americans sometimes drive less on national holidays. This year, though gas prices are lower than they have been right before Labor Day since 2010, and that means the American Automobile Association (AAA) is predicting that the number of people taking a road trip of more than 50 miles is expected to rise compared to last year. AAA sa

Report
U.S. ethanol output dips... again

After falling to its lowest per-day output level in 2011, you might think that ethanol production would rebound. Well, that's not the case as U.S. ethanol production dipped again last week while as export demand depleted stocks by nearly three percent.

EIA: U.S. greenhouse gas emissions drop by record-setting 5.8% in 2009

Total U.S. greenhouse gas (GHG) emissions measured in at 6,576 million metric tons carbon dioxide equivalent (MMTCO2e) in 2009, a record-setting decrease of 5.8 percent from the 2008 level, according to a report released last week by the U.S. Energy Information Administration (EIA). This marks the largest annual decline in total U.S. GHG emissions since the EIA started reporting this data in 1990. EIA Administrator, Richard Newell, says that the drop in emissions was, "driven by the economic dow

DOE: Oil will average $99/barrel by end of 2012; gas $3.29 per gallon

According to the DOE's Energy Information Administration (EIA), crude oil prices are expected to steadily increase over the next two years, hitting $99 per barrel by the end of 2012. Tightening of world oil markets, along with a growth in consumption, will continue to drive oil prices up from the recorded average of $89 a barrel in December 2010 to an estimated $93 per barrel for 2011.

Energy Department predicting summer gas prices to hit high of just $2.30/gallon

We've heard it a million times: What's good for GM is good for America. Well, if low gas prices are good for America (and that is a debatable point), then Charles Wilson's saying does not work the other way around. The U.S. Energy Information Administration is predicting that gasoline prices will hover around $2.23-$2.42 between now and the end of 2010, with a summer high of just $2.30 this year. Why does GM care about this? Because they need higher prices to make the Chevy Volt appealing. GM ha