DOE releases 1 million barrels from Northeast Reserve in attempt to bring down gas prices
One million barrels of gasoline have been released from the Northeast Gasoline Supply Reserve in an effort to lower gas prices, the Department of Energy announced Tuesday. According to the DOE, the barrels will be sold at an average price of $2.34 per gallon — days before the July 4 holiday, when more than 60 […]
Gas Prices: Increase at the pumps ahead of July 4th holiday
Gas prices increased on Tuesday ahead of the July 4th holiday. The average price for a gallon of regular gas rose to $3.501, according to AAA. It was the first increase in two days. On Monday, regular gas was $3.491 per gallon, and on Sunday, it was $3.492. A week ago, the average price for […]
Trump-Appointed Judge Lifts Biden’s Pause On New Natural Gas Exports
A federal judge on Monday lifted the Biden administration’s moratorium on approvals of new natural gas export terminals. Judge James Cain Jr. of the United States District Court for the Western District of Louisiana said: Appointed The Supreme Court has issued an injunction blocking former President Donald Trump’s administration’s January suspension of permits for liquefied […]
Crypto: Ethereum Gas Fees Plummet, But At What Cost To The Network? – Cointribune EN
2:00 p.m. Four Takes a few minutes to read ▪ Luc Jose A. On June 30, 2024, a historic milestone was reached for Ethereum: the network recorded the lowest gas fees since 2016, news that sends seismic shock waves through the crypto ecosystem. This unexpected phenomenon occurred in the context of high transaction activity, redefining […]
Gas Prices: Some relief at the pumps as prices drop over the weekend
Gas prices decreased over the weekend as the average price for a gallon of regular gas dropped to $3.492 on Sunday. It was the first day in about a week in which gas prices decreased, according to AAA. On Saturday, the average price for a gallon of regular gas was $3.496. This was after four […]
Ethereum gas fees drop: Can the network broaden its appeal? – crypto.news
Ethereum (ETH) recorded its lowest average gas fee since November 2016. According to Dune Analytics: dataOn June 30, the average gas price fell to just 3 gwei (equivalent to $0.14). Notably, 9 of the 10 cheapest hours of gas prices occurred last week. Gas fees are essential to the Ethereum network. They cover the costs […]
Gas Prices Hit Record High Every Day for Past Two Weeks
Estimated Reading Time: 3 minutes Gas prices have soared to new heights this month with the price of unleaded regular gas hitting a record high every day for the past two weeks. With Memorial Day weekend approaching, motorists face steep costs if they plan to travel. According to AAA, the national average regular unleaded gas […]
Nearly half of US EV owners are likely to switch back to gas
A recent survey of almost 37,000 mobility consumers revealed that a surprisingly large number of electric car owners are likely to return to their internal combustion engine vehicles. The survey, conducted by the trusted McKinsey & Company, asked over 200 questions to consumers in 15 countries for 2021 and beyond. The countries surveyed represent over […]
Here’s How Gas Prices Rank Around the Country
The Prickly Pear’s TAKE ACTION focus this year is to help achieve a winning 2024 national and state November 5th election with the removal of the Biden/Obama leftist executive branch disaster, win one U.S. Senate seat, maintain and win strong majorities in all Arizona state offices on the ballot and to insure that unrestricted abortion […]
Biden Admin Slow Rolls Oil Sanctions Against Russia, Iran In Bid To Keep Gas Prices Down Ahead Of Election
The Wall Street Journal reported that the Biden administration is hesitant to fully implement oil sanctions against Iran and Russia as it seeks to stabilize gasoline prices ahead of the U.S. presidential election in November. The administration regularly denounces Russian and Iranian malign actions against U.S. allies and has imposed several rounds of sanctions on […]