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Tag Archives: gas prices

Dow plunges as oil dips below $50, sinking energy stocks

NEW YORK — US stocks fell sharply Monday, led by declines in energy stocks as the price of oil plunged again. The euro sank to a nine-year low against the dollar as new doubts surfaced about Greece’s future in the common currency bloc. KEEPING SCORE: The Standard & Poor’s 500 index dropped 33 points, or 1.7 percent, to 2,024 as ...

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Natural gas prices rise from historic lows

  Wholesale natural gas prices have doubled during the last year, and that’s bringing sighs of relief from an unusual variety of interests. Soaring production and an unusually warm winter sent prices plunging to under $2 per thousand cubic feet last spring, prompting some to wonder whether the natural gas boom would kill demand for both coal and new renewable ...

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No land deal stalls Winston County refinery plans

Work toward locating an oil refinery in Winston County will not move forward until the group pushing the effort purchases the property selected for the site. Starting late last year, officials in Winston County have held a few meetings and exchanged a few phone calls with project principals. Other than that, not much has happened. And that will remain the ...

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What gives with the price at the pump?

My husband is obsessed with the price of gasoline. I get random calls during the day from him announcing the latest price. No “Hello.” No “How is your day?” Just a disembodied voice saying, “Do you know how much I paid for gas this morning!?!” Who ISN’T talking about the price of gasoline? But I’m puzzled by something. In the ...

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Miss. hit hardest by rising gasoline prices

Nationwide, Mississippians are hit hardest by rising gasoline prices, says CNN Money. Sure, Californians pay some of the highest gas prices in the nation at $3.92 per gallon. But for economic reasons, the Magnolia State has it much worse, even with prices at $3.42. Families in Mississippi are the lowest paid in the country, and yet they spend the highest ...

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Retail sales boosted by pump prices

NEW YORK — Americans backed off from holiday spending in January, but retail sales rose for a third month in a row compared with a year earlier, largely because of gas price hikes, according to figures released today by a key data service. Including goods from food to clothing to gasoline — but excluding cars — U.S. retail sales rose ...

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