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For the week ending Nov. 26, the U.S. Energy Information Administration reported that commercial crude oil inventories declined by 900,000 barrels from the previous week and remain about 6 percent below the five-year average for this time of year. (Tom Pennington/Getty Images)

December 2, 2021 1982kontepeters

US Oil, Gas Data Suggest Sluggish Demand

Gasoline prices may finally be heading lower in the near future. (Photo by Justin Sullivan/Getty Images)

November 30, 2021 1982kontepeters

Omicron Could Finally Bring Relief To The Pump

U.S. President Joe Biden speaks on the economy during an event at the South Court Auditorium at Eisenhower Executive Office Building on November 23, 2021 in Washington, DC. President Biden announced the release of 50 million barrels of oil from the Strategic Petroleum Reserve of the Department of Energy to combat high energy prices which are at a seven-year high across the nation prior to the holiday travel season. (Alex Wong/Getty Images)

November 24, 2021 1982kontepeters

Small Businesses Squeezed As Inflation Soars, Supply Chains Clog

A customer pumps gas into her vehicle at a gas station on November 22, 2021 in Miami, Florida. Florida Governor Ron DeSantis announced he would ask state lawmakers to temporarily “zero out” state gas taxes next year. DeSantis said the approximately 25-cent-a-gallon “gas tax relief” proposal could save the average Florida family up to $200 over a five- to six-month period. (Photo by Joe Raedle/Getty Images)

November 23, 2021 1982kontepeters

US Prices At The Pump Slowly Starting To Ease

Gasoline prices above $5 per gallon are displayed at a gas station on Nov. 15, 2021, in Los Angeles. According to AAA, the average price statewide for one gallon of regular unleaded gas hit $4.68 Tuesday, an all-time record high. The price spike is being blamed on the increasing cost of crude oil, higher demand, and other factors. (Mario Tama/Getty Images)

November 16, 2021 1982kontepeters

Will Gasoline Prices Move Even Higher On Holiday-Driven Demand?

Gas prices approaching $5 a gallon are displayed in front of a Circle K gas station on Oct. 05, 2021, in San Rafael, California. Gas prices in the U.S. are continuing to rise to the highest level since 2014. According to AAA, the national average for a gallon of regular unleaded gasoline inched up over $1 per gallon more than one year ago. (Justin Sullivan/Getty Images)

November 9, 2021 1982kontepeters

High Gasoline Prices Not Impacting Consumer Demand

West Texas Intermediate crude oil was flirting with $85 per barrel in late October, the highest price in seven years. (Tim Boyle/Getty Images)

November 4, 2021 1982kontepeters

Crude Oil Prices Choppy After OPEC Sticks With The Plan

October 19, 2021 1982kontepeters

Electric Vehicle Footprints May Not Currently Be As Clean As Some Assume

President Joe Biden chose to focus on the just-released unemployment numbers in September jobs report, describing that measure as “great progress.” Biden delivered those remarks on October 8 in Washington, DC. (Chip Somodevilla/Getty Images)

October 8, 2021 1982kontepeters

September Jobs Report Misses Big: Payrolls Increase Less Than Half Predicted

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