US Gasoline Prices Exceed Post-Katrina Record

May 15, 2007By Andy RowellBlog Post

The average national price of a US gallon of gasoline hit US$3.073 on Monday, up almost a penny from Sunday‘s also record-setting price. Gasoline is now well above the previous record of $3.057, set on Sept. 5, 2005, soon after hurricane Katrina hit the US coast. Prices could increase further. America’s “summer driving season” begins … Read More

OECD Consumption Drops For First Time in Decades

January 19, 2007By Steve KretzmannBlog Post

Here’s one that few saw coming: According the International Energy Agency as reported by the Wall St. Journal (subscription), developed country consumption of oil dropped .6% in 2006. According to the Journal: “Though the decline appears small, it marks the first annual drop in more than 20 years among the OECD countries, which drain close … Read More

Belarus Criticises Russia Over Gas Price Rise

January 4, 2007By Andy RowellBlog Post

Alexander Lukashenko, the Belarusian President, has criticized Russia over it recent gas price increases, calling them “shameless.” In retaliation, he is threatening to charge Moscow for transiting oil across his country. “If those in Russia, choking on this influx of petrodollars and other sources of hard currency, are still willing to make a scapegoat of … Read More

Bush Administration Lets Chevron Off the Hook

November 2, 2006By Andy RowellBlog Post

The US Interior Department has dropped claims that Chevron systematically underpaid the government for natural gas produced in the Gulf of Mexico, a decision that could allow energy companies to avoid paying hundreds of millions of dollars in royalties, the New York Times has reported.

Big Oil Rips You Off. Need more proof?

August 12, 2006By Steve KretzmannBlog Post

Here are two great recent reports detailing EXACTLY how oil companies rip us all off, from Consumers Union. Although its been woefully under-reported in both the traditional and alternative media, the conclusions of CU’s May report (“Debunking Oil Industry Myths and Deception: The $100 Billion Consumer Rip-Off”) are strong and clear, and the research is … Read More

Biggest Polluter

August 10, 2006By Mark FloegelBlog Post

Sunday’s local newspaper reported that gasoline sales in Vermont were 13 percent below prediction in February of this year and almost 15 percent low for May.  I have no theories on the May swoon, aside from the toll continued high prices are having on us all, but I’m reasonably sure the February dip was due … Read More

As High As The Sky

July 20, 2006By Mark FloegelBlog Post

Three months ago, I predicted airlines would feel the first pinch of peak oil. They’re pinched and passengers are screaming. My ears are full of complaints from friends who’ve been traveling in the past month. I’ve got to fly in 10 days; I’m not looking forward to it. The price of oil is creeping toward … Read More

Stop Complaining About Gas Prices

June 20, 2006By Andy RowellBlog Post 1 Comment

Stop complaining about high gas prices – you have it cheap – that is the message from the oil barons to the American public. In parts of Europe, gas prices are $5 per gallon to $7 per gallon, the chairman of ConocoPhillips, James Mulva, argued when he appeared on NBC’s Meet the Press. Mulva, who … Read More