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President Obama says the new revenue would go toward reducing carbon emissions. (AP Photo/Carolyn Kaster)
Beltway Confidential

Obama goes full YOLO: Proposes raising gas prices in final budget

Ashe Schow -
0
Tesoro earned $54 million in the final quarter of 2015, versus $145 million in the fourth quarter of the previous year. (AP Photo/Ted S. Warren, file)
Energy and Environment

Major refiner says low crude prices sank profits

John Siciliano -
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President Obama steps from the new Chevrolet Bolt electric car as Dan Ammann stands right and Patrick Foley stands left during a tour of the 2016 North American International Auto Show in Detroit on Jan. 20. (AP Photo)
Energy and Environment

The drop in fuel prices is zapping the electric car industry

John Siciliano -
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As gas prices drop, U.S. oil companies laid off tens of thousands of workers as oil prices fell throughout 2015 and halted construction of new wells around the country. (AP Photo)
Energy and Environment

The good, the bad and the ugly of cheap crude

Kyle Feldscher -
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According to the Energy Information Administration, the average price of gas dipped below $2 per gallon this week. (Mark Moran/The Citizens' Voice via AP)
Economy

Gas dips below $2 per gallon for first time since 2009

Kyle Feldscher -
0
Obama praises oil glut’s low gas prices, ignores thousands of layoffs
Energy and Environment

Obama praises oil glut’s low gas prices, ignores thousands of layoffs

John Siciliano -
0
The average driver saved $550 at the pump, AAA reported Thursday, thanks to low prices caused by a glut of crude oil. (AP Photo/Stephan Savoia)
Economy

Consumers saved $115 billion on gasoline in 2015

Joseph Lawler -
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The news is good for consumers, as keeping output high will keep global oil prices low, but it will continue to squeeze U.S. oil producers, particularly frackers, whose drilling methods are more expensive than conventional means. (AP Photo)
Energy and Environment

OPEC leaves oil production alone

Kyle Feldscher -
0
With Thanksgiving gas at its cheapest in seven years, the number of travelers is expected to rise. (AP Photo/Seth Wenig)
Energy and Environment

Drivers can be thankful for the lowest Thanksgiving gas prices since 2008

Kyle Feldscher -
0
Gasoline prices have been dropping steadily this fall and are expected to reach $2.06 in December. (AP Photo/Kamran Jebreili)
Economy

Pump prices to drop to near $2 per gallon in December

Kyle Feldscher -
0
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