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Average gasoline prices in US up 13% in 2017 from 2016, but lower than in 2015

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US regular retail gasoline prices averaged $2.41 per gallon in 2017, 27 cents/gal (13%) higher than in 2016, but two cents/gal less than in 2015, according to the US Energy Information Administration (EIA). Higher crude oil prices in 2017 contributed to higher gasoline prices. gal at some point in the year.

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US average retail gasoline prices ended 2017 lower than they started

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US regular retail gasoline prices averaged $2.72 per gallon (gal) in 2018, 30 cents/gal (13%) higher than in 2017 and 57 cents/gal higher than in 2016. In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal Gulf Coast (Houston). gal at least once in 2018. gal to $2.91/gal

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Plains All American to build $900M, 200K bpd pipeline from Cushing to Memphis

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terminal to the Valero Memphis Refinery, and the ability to access Valero Energy Partner’s Collierville pipeline. The total project investment is expected to be approximately $900 million and is expected to be completed in late 2016. PAA is headquartered in Houston, Texas. Plains All American Pipeline, L.P.

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GM CEO outlines highlights of fuel economy plan through MY2016: lightweighting; more efficient gasoline and clean diesel engines, electrification

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Within his talk about the need for a US energy policy at the IHS CERAWeek 2013 energy conference in Houston, GM Chairman and CEO Dan Akerson outlined some highlights of the company’s fuel economy plan through the 2016 model year. More efficient gasoline engines. Manufacturing energy intensity. Energy policy.

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DOE awarding $19.4M to 22 advanced vehicle technologies projects; Mercedes-Benz, GM Li-S battery projects

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The US Department of Energy (DOE) is awarding $19.4 million to 22 new cost-shared projects to accelerate the research of advanced battery, lightweight materials, engine emission control technologies, and energy efficient mobility systems (EEMS). Earlier post.) Organization. Description. University of Maryland: College Park. 360,000.

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Opinion: The Shale Delusion: Why The Party’s Over For US Tight Oil

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EIA said that US production will fall by 1 million barrels per day over the next year and that, “expected crude oil production declines from May 2015 through mid-2016 are largely attributable to unattractive economic returns.”. The world oil demand growth picture is discouraging despite an increase in US gasoline consumption (Figure 3).

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