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EIA expects summer US real gasoline and diesel prices to be the highest since 2014

Green Car Congress

The US Energy Information Administration (EIA) forecasts that retail gasoline prices will average $3.84 per gallon this summer driving season—April through September—compared with last summer’s average price of $3.06/gal. EIA expects higher fuel prices this summer as a result of higher crude oil prices.

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A Silver Lining to the Oil Price Cloud

Energy Institute at HAAS

Russia’s war on Ukraine will likely accelerate reductions in transportation emissions. On the growing list of … Continue Reading A Silver Lining to the Oil Price Cloud. This week’s blog is co-authored with Erich Muehlegger and David Rapson of UC Davis.

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Large differences among the recent increases in the cost of powering gasoline, diesel, and electric vehicles

Green Car Congress

Therefore, the recent jump in oil prices (because of the war in Ukraine), should have only a relatively small indirect effect on the cost of electricity. The raw data—the retail prices of regular gasoline, on-highway diesel, and residential electricity—came from the Energy Information Administration.

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Tesla’s production expansion, surging oil prices bring stock upgrade from Daiwa Securities

Teslarati

Tesla’s ( NASDAQ: TSLA ) plans to expand its production capacity, along with other factors like surging oil prices that could sway consumers to electric vehicles, have contributed to Daiwa Securities analysts upgrading their outlook on the automaker’s stock. Disclosure: Joey Klender is a TSLA Shareholder.

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EIA: US retail diesel prices increase to >$6 per gallon in the Northeast; nearly equal to California

Green Car Congress

On 16 May 2022, the average US on-highway retail diesel fuel price was $5.61 Although retail diesel prices have increased across the entire United States, prices in the Northeast have increased the most and are now among the highest in the country. On 16 May, the average retail diesel price was $6.43/gal

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IEA: Global demand for fossil fuels will peak this decade

Green Car Reports

Global demand for fossil fuels will peak this decade due in part to Russia's invasion of Ukraine, which has accelerated many countries' move to renewable energy, according to the International Energy Agency (IEA).

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Will Higher Oil Prices Spark a Tesla Stock Surge?

CleanTechnica EVs

As Ukraine weathers a continued Russian invasion, sanctions are causing high oil prices, resulting in high gas costs at the pump for consumers. According to Oil Price.com, the event has many wondering if high gas prices could further accelerate Tesla’s rising stock prices and the overall adoption of electric vehicles.