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Predicting global supply and demand is enormously complicated
Opposite of a price war: Despite cheaper fuel costs, shipping companies charge more.
For first time in four months, an average gallon goes up – from $2.033 to $2.038.
In more than half the states, gas is selling for less than $2 a gallon.
One strategy: Buying oil then storing it in tankers until prices go back up.
Houston furniture dealer ties a tidy potential refund to the price of oil.
Europe has deflation fears, but falling prices caused by cheap oil are a stimulus.
If a tax is not imposed on carbon-dioxide emissions, gas is artificially underpriced.
A lousy crop means high prices. At least for the real thing.
Oil, whose price has halved in the past year, accounts for 95 percent of the country’s exports and 45 percent of the government’s budget.