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The U.S. Energy Information Administration (EIA) estimates fuel prices could drop as low as $2.29 per gallon for gasoline and $2.87 for diesel. The department released its predictions this month in its annual Short-Term Energy Outlook with analysis for 2015 and 2016. “U.S. regular gasoline retail prices, which averaged $3.36 per gallon in 2014, [will] […]

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Officials with the Organization of the Petroleum Exporting Countries don’t believe oil prices will rise above $100 per barrel for the next 10 years, according to inside sources. This report comes from The Wall Street Journal, which saw excerpts of OPEC’s strategy report and interviewed others that had seen the full report. “The report predicted […]

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