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Gasoline Price History

Gasoline Price History

The price of crude oil behaves as any other commodity with wide price swings in times of shortage or oversupply.  The price cycle may continue for years in response to pressures driven by OPEC and non-OPEC countries production and relevant global demand.

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What Strategies Europe Uses To Lower Ethanol Cost ?

What Strategies Europe Uses To Lower Ethanol Cost ?

Ethanol is a flammable, volatile colorless liquid extracted from biomass and by-products of petrol refining. It has extensive industrial uses as a solvent in flavorings, colorings, medicines and perfumes. It has long been used as a fuel for heating and lighting and in internal combustion engines.

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What Is Gasoline Prices When Oil Is At 50 Dollars A Barrel ?

What Is Gasoline Prices When Oil Is At 50 Dollars A Barrel ?

Oil remains expensive by historical standards, though the prices may have fallen by two-thirds since its peak last summer. The resilience shown by the oil markets is not because of any improvement in the global economy or because of the rise in oil consumption.

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