Gas Buddy Blog

EIA: Crude oil imports plunge, lead to drop in inventories, refineries ramping up

The Energy Information Administration released its weekly report today on the status of petroleum inventories in the United States. Here are some highlights: CRUDE INVENTORIES:Crude oil inventories decreased by 3.9 million barrels (mb) to a total of 487.0 million barrels.…

U-Mich: New vehicle fuel economy falls in April

According to a monthly report by Michael Sivak and Brandon Schoettle from the University of Michigan, the average fuel economy of newly purchased vehicles fell during the month of April, meaning motorists are buying new cars that are less fuel…

Toyota engineer doubts electric cars’ future; even with rapid charging

Battery-powered electric vehicles don’t have a practical future as a long-range alternative to conventional cars even if technological breakthroughs allow them to be charged quickly, a top engineer at Toyota Motor Corp. says. Reuters reports that electric vehicle (EV) advocates…

EIA Petro's other liquid

Data For 07/07/14

Summary Excerpt: Regular Gasoline Retail Price (Dollars per Gallon) 3.678 .. U.S. 3.660 … East Coast 3.775 …. New England 3.743 …. Central Atlantic 3.564 …. Lower Atlantic 3.614 … Midwest 3.462 … Gulf Coast 3.642 … Rocky Mountain 4.037…

Bloomberg Energy News

Westpac’s Shugg Says Weak Job Growth Is ‘Here to Stay’ (Audio)

(Bloomberg) — James Shugg, a senior economist based in London for Australia’s Westpac Banking Corp., says U.S. job growth “will slow this year.” Shugg talks with Bloomberg’s Tom Keene and Michael McKee on Bloomberg Radio’s “Bloomberg Surveillance.” …read more

Bloomberg BRIEF: Only Hope for Mexico’s Peso (Audio)

(Bloomberg) — Bloomberg’s James Crombie discusses the Bloomberg BRIEF on Latin America. You can read Jim’s analysis and other news, market data and expert commentary from the world’s most trusted economists and analysts in the Bloomberg BRIEF digital newsletters. Subscribe…

Bloomberg BRIEF: Baltimore’s Financials ‘Look Good’ (Audio)

(Bloomberg) — Bloomberg’s Taylor Riggs discusses this today’s Bloomberg BRIEF on municipal bonds. You can read Taylor’s analysis and other news, market data and expert commentary from the world’s most trusted economists and analysts in the Bloomberg BRIEF digital newsletters.…