"Increases in the crack spread that we've seen recently has been just supply and demand,” explained MIT professor Christopher Knittel.
George Frey/Getty Images

Why aren't oil companies drilling on their 9,000 land leases?

Aug 1, 2022
Shortages of labor and materials are making it hard to drill and maintain wells.
Shortages of steel pipe, sand and workers are cutting into potential oil production. Above, drilling rigs sit unused in Odessa, Texas.
Joe Raedle/Getty Images

FedEx pulls back on some Sunday delivery

Jul 22, 2022
Under pressure from the contractors who actually do a lot of the deliveries, the company will stop delivering on Sunday primarily in rural areas.
Dogs might appreciate the reduction in FedEx's Sunday deliveries, along with many drivers on rural routes.
Spencer Platt/Getty Images

Residents of rural Alaska brace for heat-up in fuel prices

Jul 13, 2022
High gas prices threaten food security as well as people's ability to keep the lights on and protect themselves from the cold.
In rural Alaska, the gas that powers electricity-producing generators is delivered by barge or air. Brevig Mission residents expect prices to climb when the next delivery comes.
Tashka/Getty Images

Public transit ridership is slow to return, despite high gas prices

Jul 13, 2022
Ridership took a nosedive in the pandemic, and remote work may be helping to keep it low. Federal aid has kept buses and trains moving.
Remote work may be helping to keep ridership sparse on buses and trains, including on the San Francisco Bay Area's BART system.
Justin Sullivan/Getty Images

As prices rise, Americans' travel plans are coming back to Earth

Jul 4, 2022
Inflation is curbing our appetite for "revenge travel."
Travelers at the Ronald Reagan Washington National Airport on Saturday. Fourth of July air travel is nearing pre-pandemic levels.
Stefani Reynolds/AFP via Getty Images

Higher gas prices have rideshare drivers questioning their side hustle

Jun 24, 2022
Services like Uber and Lyft are trying to get more people to drive for them. The math isn't working out for many drivers.
Drew Angerer/Getty Images

For public good, not for profit.

Support fact-based, independent journalism with a gift to Marketplace today.

Biden asks companies "setting those gas prices" to lower them. Can they?

Jun 23, 2022
Gas stations are usually separate from the big oil conglomerates whose names they carry. Owners are often individuals with some control over what you pay at their pumps — but not much.
Most gas stations are owned by individuals who pay to use the oil company's name.
Frederic J. Brown/AFP via Getty Images

How do we calculate supply and demand for oil heading into the future?

Jun 15, 2022
There are a lot of variables that make predicting energy demand in 2023 difficult, including rising interest rates, inflation and potential COVID flare-ups.
President Biden recently demanded big oil companies bring down gas and diesel prices. Above, gas stations in Bethesda, Maryland, earlier this year.
Mandel Ngan/AFP via Getty Images

Gas prices can differ wildly around the globe. Why is that?

Jun 9, 2022
You can count taxes and subsidies among the reasons.
There are several factors that go into why the price for gas can be so different from country to country.
Justin Sullivan via Getty Images