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Why Are Gasoline Prices Rising?
February 26, 2013 | Energy Information Administration

“The average U.S. retail price for regular motor gasoline is up about 45 cents per gallon since the start of 2013, reaching $3.75 per gallon on February 18. The rise in gasoline prices is partly due to higher crude oil prices. However, most of the increase in the pump price of gasoline reflects an increase in the gasoline crack spread, the difference between the wholesale price of gasoline and the price of crude oil.” Quoted from the Energy Information Administration.


  Related Stories

The US Oil Bonanza and High Gasoline Prices
April 2, 2013 | Business Week
Even though oil production rates in the United States are climbing and the amount of gasoline being used by drivers is falling the price of gasoline remains high. An article in Bloomberg Businessweek explains why.

A Coal Comeback?
February 18, 2014 | Forbes
Demand for natural gas is growing, local shortages are occurring, and prices have been rising. Some coal and former coal consumers might now see coal as a more stable source of energy that has multiple methods of delivery and a declining price.

Rising USA Crude Production
January 10, 2013 | Energy Information Administration
"EIA estimates U.S. total crude oil production averaged 6.4 million barrels per day in 2012, an increase of 0.8 million bbl/d from the previous year. Projected domestic crude oil production continues to increase to 7.3 million bbl/d in 2013 and 7.9 million bbl/d in 2014, which would mark the highest annual average level of production since 1988." Quoted from the Energy Information Administration U.S. Crude Oil and Liquid Fuels report.


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