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Articles on Gas prices

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A big increase in use car prices drove the inflation rate higher in April. AP Photo/David Zalubowski

Why the inflation rate doesn’t tell the whole story – all it takes is a spike in a category like used cars to cause consumer prices to soar

The average price of US goods and services surged in April, leading some to worry the economy is beginning to experience dangerously high levels of inflation. A scholar explains why that’s unlikely.
Gas burning at Victoria’s Longford Gas Conditioning Plant. Australia is the world’s largest exporter but intends t import gas to shore up local supplies. Joe Castro/AAP

Australia has plenty of gas, but the price is extreme. The market is broken

If Australia is the biggest gas exporter in the world, why are we shipping it back in? Because the gas market is dysfunctional - and it means consumers are suffering.
Haitians gather at a closed gas station in Port-au-Prince, Haiti, hoping it will open eventually, Sept. 4, 2019. Gas shortages have forced stations across the country to close or reduced their operating hours in recent weeks. AP Photo/Dieu Nalio Chery

Gas shortages paralyze Haiti, triggering protests against failing economy and dysfunctional politics

Haiti has been paralyzed by general strikes and crippling fuel shortages for much of September. Its government is barely functioning. Here’s the history behind the crisis.
Gas prices usually rise heading into long weekends. The reasons behind wild oil price fluctuations, reflected at the pumps, is about a lot more than economics. THE CANADIAN PRESS/Jonathan Hayward

Understanding the rollercoaster ride of oil prices

Oil prices have little to do with supply or demand or even economic forces. Instead, it’s all about politics.
Staffers listen to EPA Administrator Scott Pruitt discuss this policy reversal. AP Photo/Andrew Harnik

Stronger fuel standards make sense, even when gas prices are low

Manufacturers always have to make trade-offs when they design new cars, balancing the need to protect public health and the environment with their urge to wow customers.
The largest opportunity to reduce gas demand exists in industry, through improved energy efficiency as a result of reusing waste heat and upgrading boilers. Joe Castro/AAP

With a few smart moves, we can relieve the pressure on gas

We can make up 70% of Australia’s projected gas shortfall simply by improving energy efficiency and sensible use of gas alternatives.
The price of new-build renewable energy is expected to fall significantly relative to new-build coal energy in coming years. AAP Image/Lucy Hughes Jones

Renewables will be cheaper than coal in the future. Here are the numbers

The price of renewable energy will fall significantly relative to new-build coal in coming decades, making an all-renewable electricity system more desirable, both economically and environmentally.
With the right power policies, gas can have a brighter future. Steven Bradley

Want to boost the domestic gas industry? Put a price on carbon

The current domestic gas crisis will pass. But if the industry wants to surpass coal and fulfil its role as a ‘transition fuel’, it should lobby for a carbon price to help it on its way.

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