August 10, 2009

Pump Girl Is Back At The Keyboard

 

And it feels like we’ve never been gone!!

Get ready to open your wallet for that last trip of the summer season. Crude prices jumped $10/barrel translating to something like an increase of $0.10/gal at the pump.

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Tesla Motors, the electric car manufacturer, turned profitable in July. Sales of its Roadster 2 sports car rose dramatically, and manufacturing costs came down.

“There is strong demand for a car that is unique in offering high performance with a clean conscience,” said Tesla Chief Executive Elon Musk, in a prepared statement. “Customers know that in buying the Roadster they are helping fund development of our mass market electric cars.”

The Roadster gets 244 miles to the charge.

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A little ray of sunshine from Goldman Sachs (NOT!). Analysts expect commodity prices to spike higher next year just like 2008. They see another possible $150/barrel price for oil. Supply shortages due to underinvestment and increased consumption to blame.

Filed under:Fuel Price Trends, Fumes, Gas price, Fuel cost, Alternative Energy, Daily News Post | by Pump Girl @ 3:13 pm | 

April 1, 2009

Fill Up On News 4/1/2009

 

Oil just couldn’t get to the $50/barrel price yesterday. The big oil invertory is not helping.

CNNMoney analyzes the effects of auto bankruptcy from A (autoworkers) to T (taxpayers) and everybody in between.

Ford vehicle sales drop 41% in March.

Americans are big people. They like to drive big cars.

Gas sales drop, even though prices have gone down.

Filed under:Fuel Price Trends, Daily News Post | by Pump Girl @ 2:03 pm | 

March 30, 2009

Fill Up On News 3/30/2009

 

Oil falls below $52, but overall going up.

Kuwait is happy with the current oil price. Shouldn’t we all be?

Surprise, surprise. Oil is overbought again. Who will be caught by the shorts this time?

Gas prices up over $2/gal. Not new news, but not good news either.

Filed under:Fuel Price Trends, Gas price, Fuel cost, Daily News Post | by Pump Girl @ 12:07 pm | 

October 30, 2008

Fill Up on News - 10/30

 

The average gas price in America has shifted to well below $3 a gallon.

However, the price of gas is expected to stabilize just around $3 a gallon.

Sharon is going to acquire Texas oil and gas provider Eagleford Shale.

The increased Chinese industrialization is increasing their methane output.

A perceived lack of demand due to the slowing economy has done its job to bring down oil prices.

The gas companies seem to be thriving despite their product’s falling price.

Filed under:Daily News Post | by Guy in a Suit @ 5:08 pm | 

October 27, 2008

Fill Up on News - 10/27

 

Big international oil producers are looking to drive prices up in lieu of the recent fall.

Some feel this move was done merely to unnerve the western world.

Gas prices have fallen record amounts in the last two weeks.

If this trend continues, oil prices may even reach their nineteen month lows.

Washington Gas Energy Services Introduces new residential and small commercial energy offers for BGE consumers.

Filed under:Fuel Price Trends, Daily News Post | by Guy in a Suit @ 5:29 pm |