Oil and Gasoline Topics

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Oil and Gasoline Word of the Day

The Oil and Gasoline Word of the Day is Secondary Recovery. Secondary Recovery in context to Oil and Gasoline means:

Hydrocarbons produced in one well bore by increasing reservoir pressure with water injected into an adjacent well bore. ... Read More

Oil and Gasoline News

Oil firms raise prices of fuel products anew (Philippine Daily Inquirer)
MANILA, Philippines -- As world oil prices hit new record highs almost every day, oil firms again raised prices of their fuel products -- this time by P1 a liter for gasoline, P2 a liter for diesel and kerosene and P1.50 a kilogram for liquefied petroleum gas -- over the weekend. Read More

Oil prices fall more than $1 a barrel Friday in electronic trading (The Trucker)
Oil prices fell more than $1 a barrel Friday from record levels set a day earlier on hopes that tensions surrounding Iran's nuclear program could ease and cut the chances of American or Israeli military action against OPEC's second-largest oil producer. Read More

Congress targets speculators as driving oil prices to record levels (Midland Reporter-Telegram)
By Mella McEwen Oil Editor Having called the heads of the five largest publicly traded oil companies to testify about high oil and gasoline prices, Congress has turned its attention to oil futures traders, certain speculation is fueling high energy prices. Read More

Oil prices turn lower on gasoline stockpile (CNNMoney.com via Yahoo! Finance)
Oil prices fluctuated Wednesday after the government reported that the nation's crude supplies fell slightly more than expected last week while stockpiles of gasoline unexpectedly rose. Read More

Records: Oil tops $145; gasoline at $4.10 (Philly.com)
NEW YORK - Oil prices raced above $145 a barrel for the first time yesterday as traders added to their bets on the commodity ahead of the long holiday weekend. Read More

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