Update: Oil smashes $86 for the first time
This week’s inventory report will be very interesting. If there is a significant build, the price could unravel quickly. If there is another surprise on the downside, we may crack $90 by the end of the week. But as long as oil prices stay at these levels, Saudi [...]
Inventory Report,Inventory Report >
This Week in Petroleum 10-24-07 
Whoa! The analysts missed this one by a mile. Here were the predictions, prior to the release of the report:
Analysts surveyed by Dow Jones Newswires on average predict crude inventories rose 300,000 barrels during the week ended Oct. 19, and Vienna’s PVM Oil Associates also noted that “expectations for this week’s U.S. oil inventory data [...]
Gas Prices, Gouging, and Food versus Fuel 
A few newsworthy items to cover: Gas prices, gas gouging legislation, and food versus fuel.
Gas Prices on the Rise
Surprise! It seems that gas prices are rising:
Gas prices on the rise again, analyst reports
Gas prices are on the rise again, just as Americans hit the highways for Thanksgiving.
Gas prices rose about 5 cents per gallon nationwide [...]
This Week in Petroleum 9-06-07 
Another week, another all-time low on gasoline inventories. As I wrote last week:
Gasoline inventories were not this low following Hurricane Katrina, and yet we have had an uneventful summer. It is very possible that we will not dig ourselves out of this hole for a long time. In the short term, an upturn in gasoline [...]
This Week in Petroleum 11-15-06 
The weekly inventory report from the Energy Information Administration came out today, and it provided support for my latest essay. You can read the report at: This Week in Petroleum. A quick look at the gasoline inventory graph can tell you that upward pressure on gas prices is imminent:
In my previous essay, I argued that [...]
$4 Gasoline Has Arrived 
Gas Prices in San Francisco
We no longer have to talk about the possibility of $4 gasoline. It is here.
$4 Gasoline in San Francisco
Thanks to Stuart Staniford for providing this picture. He lives in San Francisco, and said he drove past this station and saw the price for himself. It is going to be very [...]