How Natural Disasters Affect Gas Prices

How Natural Disasters Affect Gas Prices

  Higher prices at the pump often lead the public to assume a retailer is price gouging.   The retail fuel marketplace is the most competitive commodity market in the nation. There are an estimated 150,000 retail fueling facilities in the United States. Of these operations, less than 1% are owned and operated by the […]

Oil Heading to $60 Per Barrel

Oil Heading to $60 Per Barrel

The UAE’s economy minister sees oil jumping to $60 per barrel in the next few months. “It’s possible for oil prices to reach $60 or more during this summer,” UAE economy minister Sultan Bin Saeed Al Mansoori said at a conference in Abu Dhabi on May 30. There is a growing chorus of oil market […]