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Oil Price Information Service (OPIS) is a price reporting agency which provides information that is used for commercial contracts and trade settlement related to petroleum, gasoline, diesel, ethanol, biodiesel, LP-gas, jet fuel, crude, natural gas, petrochemicals, recycled plastics, refinery feedstocks, residual fuel, and kerosene.
Price per million BTU of oil and natural gas in the US, 1998-2015. Natural gas prices, as with other commodity prices, are mainly driven by supply and demand fundamentals. However, natural gas prices may also be linked to the price of crude oil and petroleum products, especially in continental Europe.
The oil prices were seen rising to hit $71.38 per barrel in March 2021, marking the highest since the beginning of the pandemic in January 2020. [116] The oil price rise followed a missile drone attack on Saudi Arabia's Aramco oil facility by Yemen’s Houthi rebels. [117] The United States said it was committed to defending Saudi Arabia. [118]
As of December 2015, the propane retail cost was approximately $1.97 per gallon, [62] which meant filling a 500-gallon propane tank to 80% capacity costed $788, a 16.9% decrease or $160 less from November 2013. Similar regional differences in prices are present with the December 2015 EIA figure for the East Coast at $2.67 per gallon and the ...
In 1998, the city of Bowling Green began studying the feasibility of wind energy, and eventually became the first municipality in the state to construct wind turbines for commercial use, a $9.2 million project resulting in the reduction of kilowatt per hour cost from $.10 to $.025-.035. [119]
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