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Gasoline Prices Skid as Diesel Burns

October supplies of gasoline are at a three-year high for that month, but refiners are still running at high speed because they are earning fat profits exporting diesel, which is made using the same process that converts oil to gasoline.

Gasoline Prices Fall in September

Prices for gasoline on the New York Mercantile Exchange have fallen roughly 11% in September as supplies reached their highest level in three years and the peak summer driving season ended. Technology allowing companies to retrieve oil from shale-rock formations

Gasoline prices up 40% this summer, U.S. says – MarketWatch

Retail prices for a gallon of regular-grade gasoline will average $3.86 from April through September, up from $2.76 for the comparable period last year, said the Energy Information Administration, the statistics arm of the Department of Energy. In some areas,

Commodities Tumble, Led By Oil, as Japan Quake Threatens Demand –

Commodities fell for a fourth day, led by a 2.5 percent slide in crude oil, as Japan’s biggest earthquake and nuclear crisis spurred concern that demand for energy and raw materials will shrink. The Standard & Poor’s GSCI spot index

Record Gasoline Grips Europe While California Faces $4 a Gallon –

Gasoline prices are setting records across Europe and exceeding $4 a gallon in California as the rise in crude oil caused by the conflict in Libya punishes companies and consumers. Households are cutting back on travel, cinema visits and groceries

Natural Gas at a Historically Low Price Relative to Oil –

CRUDE oil prices have risen this year, and this week they briefly touched $100 a barrel for the first time since 2008. But not everyone felt the pinch. While gasoline prices were rising in the United States, the cost of

Higher Grain Prices Start Pinching Consumers; USDA Expects Food Prices to Jump –

The surge in grain prices that has been stoking food inflation for months in much of the world is beginning to seep into U.S. supermarkets and restaurants. U.S. food prices will jump between 3% and 4% this year, the U.S.

The Stealth Return of $100 Oil –

Gasoline prices averaged $3.14 a gallon in the U.S. last week, according to the U.S. Energy Information Administration, up 2.9% from Dec. 27. In February 2008, when oil prices settled in triple digits for the first time in history, retail

Weak Economic Sentiment Sparks Selloff Across Commodities

Fresh worries about the U.S. economy rattled commodities markets, sending prices of several benchmark materials to their lowest levels in months. Growth-sensitive commodities such as crude oil and copper frequently follow the lead of stock markets as a proxy for