With the price of gas on the rise again, this is really shocking news: The United States is awash in gasoline. So much so, in fact, that the country is exporting a record amount of it. The country exported 430,000 more barrels of gasoline a day than it imported in September, according to the U.S. […]
A new report has been released by the EIA saying that our demand on oil is decreasing: U.S. oil consumption is expected to level off with virtually no growth between now and 2030 because of increases in energy efficiency, greater use of renewable fuels and an expected rebound in oil prices, the government said Wednesday. […]
We feel the pinch every time we have to fuel up. Gas prices continue to climb closer to the $3.00 a gallon mark. Yesterday, oil prices alone hit an all time high of $66.00 a barrel, and expected to hit $70.00 a barrel within a week. So what lies in the future of our economy? […]