U.s. Oil Production Is Up, So Why Are Gas Prices So High?

America's soaring pump prices seem to defy the laws of supply and demand, except for one fact: It's increasingly not just about us.

Topics:  prices   
BING NEWS:
  • Oil traders make big bets on Trump policies. The path for prices isn’t so clear.
    The volatility seen in oil prices in the new year has a lot to do with Donald Trump — and he doesn’t even officially become the president of the United States until Monday.
    01/17/2025 - 11:30 pm | View Link
  • Brent crude could climb to $90 on Russian oil disruption, Deutsche Bank says
    Crude oil futures rise on supply concerns and winter demand, while focus turns to how the incoming Trump Administration will handle new sanctions on Russia's oil sector.
    01/17/2025 - 10:40 am | View Link
  • EIA: US oil production to grow through 2025, slow down in 2026
    The EIA predicts U.S. oil production will grow through 2025, with the Permian Basin leading, before slowing in 2026.
    01/17/2025 - 3:10 am | View Link
  • AAA Reports Rising Oil Costs Bring Gas Prices Along for The Ride – California at $4.43 Rises 5 Cents Week-Over-Week
    AAA Reports Rising Oil Costs Bring Gas Prices Along for The Ride – California at $4.43 Rises 5 Cents Week-Over-Week ...
    01/17/2025 - 1:59 am | View Link
  • U.S. Oil and Gas Jobs Plummet Despite Record Production
    U.S. oil and gas companies are cutting jobs and reducing wages due to automation, outsourcing, and increased efficiency, despite record production levels.
    01/16/2025 - 8:00 am | View Link
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