Gas prices

May 3, 2007 -- Washington, D.C. - U.S. Senator Harry Reid of Nevada issued the following statement regarding the news that Reno's gas prices have hit an all-time high.    » read more »

Benchmark

May 2, 2007 -- Webster’s online dictionary defines benchmark as, “A standard by which something can be measured or judged”. With his retirement following the 1998 football season, John Elway became the benchmark for every quarterback who plays for the Denver Broncos. Whether this is a fair benchmark is a reasonable question to ask. The same question might be asked about using West Texas Intermediate (WTI) crude oil as a benchmark for crude oil prices in the Americas.    » read more »

Legislation would improve transparency, protect consumers against market manipulation and unfair price spikes

May 2, 2007 -- Washington, DC – U.S. Senator Dianne Feinstein (D-Calif.) today joined with Senators Maria Cantwell and Gordon Smith to cosponsor a bipartisan measure that would ban price gouging at the gas pump.    » read more »

May 2, 2007 -- WASHINGTON, DC - With gasoline prices over $3 a gallon in some parts of the country and the cost of driving expected to rise significantly during the summer months, U.S. Senator Joe Biden (D-DE) joined with a bipartisan group of Senators in offering legislation that will outlaw gas price gouging, guaranteeing fair prices at the pump.    » read more »

May 1, 2007 -- The Michigan Public Service Commission (MPSC) today released the "Michigan Energy Appraisal: Summer 2007." The appraisal, published since 1978, reviews the projected prices and availability of energy in Michigan over the summer months.    » read more »

May 1, 2007 -- With Connecticut consumers reporting steep increases in gas prices in the last few days and with some stations charging as high as $3.39 for a gallon of regular unleaded, Governor M. Jodi Rell today asked state’s Congressional Delegation to join her in calling for a quick and thorough federal investigation of the recent national price spike.

Governor Rell noted that more than six weeks after her original request to U.S. Secretary of Energy Samuel W. Bodman for an investigation, she still has not received a response.    » read more »

Price Parity

April 25, 2007 -- The National Football League draft scheduled for this coming weekend is designed to promote parity by giving the least victorious teams from the past season the highest draft picks, which they can either use to bring in top talent from the college ranks or trade away to bolster their squads with proven professional players. Parity has also become an issue for gasoline and diesel fuel consumers.    » read more »

April 23, 2007 -- OLYMPIA – Washington Attorney General Rob McKenna today announced that he is teaming up with the Governor’s Office and the Department of Community, Trade and Economic Development to investigate factors that influence gas prices in the state.    » read more »

April 18, 2007 -- People living in the eastern and northern parts of the country might be forgiven if they thought it was still winter, given the cold temperatures experienced so far this month. But if you were filling up your car at a gas station recently, you might think it was the middle of summer, given how high gasoline prices are right now. With everyone naturally wondering what might be in store for the future, a look at recent data can provide some important context.    » read more »

Retail regular grade motor gasoline prices are projected to average $2.81 per gallon this summer, 3 cents below the average of $2.84 per gallon last summer, according to forecasts released recently by the Energy Information Administration (EIA) in the April Short-Term Energy Outlook. Retail diesel fuel prices are expected to average $2.82 per gallon over the summer, down 6 cents from last summer’s average price of $2.88 per gallon.    » read more »

April 19, 2007 -- HARRISBURG – Pennsylvania Governor Edward G. Rendell has sent a letter to the Bush administration calling for a comprehensive investigation of the refining industry to explain why consumers are being forced to pay exorbitant gas prices. Governor Rendell also outlined specific steps the administration can take to increase energy independence.    » read more »