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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.14 a gallon on Monday. That's down 2.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price decreases

The U.S. average retail price for on-highway diesel fuel decreased to $3.55 a gallon on Monday. That's down 7.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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Residential propane price increases slightly

The average retail price for propane is $2.42 per gallon, up 4-tenths of a cent from last week's price, and up 3 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.93 per gallon, up 1-tenth of a cent from last week, and up 6-tenths of a cent from a year ago.




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Residential heating oil price decreases

The average retail price for home heating oil fell 4.7 cents from last week to $3.48 per gallon. That's down 81.4 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.43 per gallon, down 4.7 cents from last week, and down 79.9 cents from a year ago.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.10 a gallon on Monday. That's down 4.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.10 a gallon on Monday. That's down 4.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price increases

The U.S. average retail price for on-highway diesel fuel increased to $3.57 a gallon on Monday. That's up 2.0 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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Residential propane price increases slightly

The average retail price for propane is $2.43 per gallon, up 6-tenths of a cent from last week's price, and up 2.6 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.93 per gallon, up 4-tenths of a cent from last week, and up 1-tenth of a cent from a year ago.




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Residential heating oil price increases slightly

The average retail price for home heating oil rose 6-tenths of a cent from last week to $3.49 per gallon. That's down 76.2 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.44 per gallon, unchanged from last week, but down 73 cents from a year ago.




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U.S. gasoline price decreases (Short version)

The U.S. average retail price for regular gasoline decreased to $3.07 a gallon on Monday. That's down 2.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. gasoline price decreases (Long version)

The U.S. average retail price for regular gasoline decreased to $3.07 a gallon on Monday. That's down 2.8 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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U.S. diesel fuel price decreases

The U.S. average retail price for on-highway diesel fuel decreased to $3.54 a gallon on Monday. That's down 3.7 cents from a week ago, based on the weekly price survey by the U.S. Energy Information Administration.




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Residential propane price increases slightly

The average retail price for propane is $2.43 per gallon, up 2.7 cents from last week's price, and up 4.8 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Propane prices in the Midwest region averaged $1.96 per gallon, up 2 cents from last week, and up 1.8 cents from a year ago.




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Residential heating oil price increases slightly

The average retail price for home heating oil rose 4-tenths of a cent from last week to $3.49 per gallon. That's down 74 cents from a year ago, based on the residential heating fuel survey by the U.S. Energy Information Administration. Heating oil prices in the New England region are at $3.44 per gallon, up 1.3 cents from last week, but down 70.6 cents from a year ago.




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EIA increased its U.S. natural gas consumption forecast for the first quarter of 2024

The U.S. Energy Information Administration (EIA) estimates that U.S. natural gas consumption reached a record high in January at 118 billion cubic feet per day (Bcf/d). A burst of cold weather increased demand for heating and reduced natural gas production, which led to high inventory withdrawals.




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EIA expects low natural gas prices to continue in 2024, slightly reducing production compared with 2023

The U.S. Energy Information Administration (EIA) expects the benchmark Henry Hub spot price to average about $2.25 per million British thermal units (MMBtu) in 2024, a 10% decrease from 2023 and a 65% decrease from 2022. In its March Short-Term Energy Outlook (STEO), EIA forecasts that U.S. natural gas inventories will be more than 30% higher than average at the end of the winter season following relatively low winter demand.




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EIA reduces its forecast for U.S. coal exports following Port of Baltimore closure

The U.S. Energy Information Administration (EIA) decreased its forecast for U.S. coal exports following the collapse of the Francis Scott Key Bridge and the resulting closure of the Port of Baltimore. In its April Short-Term Energy Outlook (STEO), EIA reduced its forecasts for U.S. coal exports for April by 33% and for May by 20% from previous forecasts.




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EIA expects crude oil production in the Permian Basin to increase by nearly 8% in 2024

The U.S. Energy Information Administration (EIA) expects crude oil production in the Permian Basin to average about 6.3 million barrels per day in 2024, an increase of nearly 8% from 2023. The Permian Basin accounts for nearly half of U.S. crude oil production, and EIA expects increased production in the Permian and other regions will drive U.S. oil production to successive records in 2024 and 2025.




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EIA expects rising electricity demand and natural gas prices to affect electricity fuel mix for the rest of 2024

The U.S. Energy Information Administration (EIA) expects that the United States will generate more electricity from renewables and coal in the second half of this year, as electricity demand and natural gas prices increase.




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EIA expects oil prices to increase despite concerns over economic growth and petroleum demand

The U.S. Energy Information Administration (EIA) expects that Brent crude oil prices will return to above $80 per barrel this month, after dipping to $73 per barrel on September 6. In its September Short-Term Energy Outlook (STEO), EIA forecasts that the Brent crude oil spot price will average $82 per barrel in the fourth quarter of the year.




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Resource Advisory: Tracking crude oil and natural gas production with EIA data

The U.S. Energy Information Administration (EIA) has several sets of data on the domestic production of crude oil and natural gas. Depending on your interests, the resources below can help you find the crude oil and natural gas data you need.




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Media Advisory: EIA leaders discuss Winter Fuels Outlook 2024–2025, which forecasts U.S. household winter heating costs

The U.S. Energy Information Administration (EIA) will host a webinar on Wednesday, October 9, to discuss price, consumption, and expenditure trends for major heating fuels for U.S. households for the upcoming winter. EIA’s Winter Fuels Outlook includes U.S. national and regional forecasts for electric heat, natural gas, heating oil, and propane. We will publish the Winter Fuels Outlook forecasts on Tuesday, October 8, as part of the Short-Term Energy Outlook.




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EIA expects average U.S. heating costs this winter to be consistent with last winter

The U.S. Energy Information Administration (EIA) expects most U.S. households, on average, will pay about the same to heat their homes as they did last winter. A notable exception is that EIA expects Midwestern homes heated by natural gas will pay about 11% more on average for heat than last winter.




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Share of natural gas production in U.S. tight oil plays increased over the last decade

Natural gas produced from the three largest tight oil-producing plays in the United States has increased in the last decade. Natural gas comprised 40% of total production from the Bakken, the Eagle Ford, and the Permian compared with 29% in 2014.




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U.S. exports of ethane and ethane-based petrochemicals rose 135% from 2014 to 2023

U.S. exports of ethane and ethane-based petrochemicals reached an all-time high of 21.6 million metric tons (MMmt) in 2023, up 135% since the United States began exporting ethane in 2014 and 17% more than in 2022, according to data from the U.S. Census Bureau. The rapid expansion of U.S. ethane and ethane-based petrochemical exports has been fueled by the growth in domestic ethane production, which has increased with the country's natural gas production and the buildout of export and production infrastructure.




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Turkey’s Spyke raises $55M in a seed round to bring a social twist to casual mobile games

Istanbul has become a city to watch when it comes to casual gaming startups, boosted by the likes of Peak (acquired by Zynga for $1.8 billion) and Dream (valued at $1 billion in a funding round last year). Now, a new startup is announcing a major round of funding to make its own mark on […]

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Daily Crunch: Citrix to be acquired by Vista and Evergreen/Elliott in $16.5B all-cash deal

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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Tripledot snaps up $116M at a $1.4B valuation as casual mobile games become serious business

Casual mobile games have reached a fever pitch of interest with consumers, and so too with investors, who are rushing to back the biggest and most promising startups building these quick hits of engagement and diversion. In the latest development, a startup out of London called Tripledot — the company behind a popular Solitaire app, […]

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Russia’s App Store lost nearly 7K apps since its invasion of Ukraine, but some Big Tech apps remain

The Russian App Store has lost 6,982 mobile apps since the start of the Ukraine invasion, as numerous companies have now pulled their apps and games from Apple’s iPhone and iPad App Stores in the country, according to data shared with TechCrunch by app intelligence firm Sensor Tower. To date, those apps had been downloaded […]

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Match names Zynga President Bernard Kim as CEO, replacing Shar Dubey

Dating app giant Match is getting a new CEO. Just over two years after assuming the top exec position, Match CEO and 16-year employee Shar Dubey is stepping down. The company announced today, alongside its first-quarter earnings, Shar Dubey will resign as an officer of Match Group but will remain on the company’s board and […]

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Apple might release a $2,000 Vision headset next year

Apple’s Vision Pro hasn’t exactly reshaped the market, but the company isn’t giving up on headsets that combine the digital and real worlds. A new report from Bloomberg’s Mark Gurman says that Apple’s next big mixed reality release could come as early as next year, with the launch of a Vision headset costing around $2,000 […]

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Director Morgan Neville is steering clear of generative AI after ‘Roadrunner’ backlash

One of the most attention-grabbing aspects of “Roadrunner,” the Morgan Neville-directed documentary about Anthony Bourdain, was Neville’s use of generative AI to replicate Bourdain’s voice. Looking back now, Neville told Wired that he saw this as a “fun” way to “keep [Bourdain’s] voice going in the film.” But his approach drew intense criticism — while […]

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DJI sues Department of Defense over listing as a Chinese military company

Drone-maker DJI filed a lawsuit Friday against the U.S. Department of Defense over its inclusion on a DoD list of “Chinese military companies.” A DJI spokesperson said the company filed the suit after “attempting to engage with the DoD for more than sixteen months” and deciding “it had no alternative other than to seek relief […]

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Lyft is working on a ‘service animal opt-in feature’ for passengers

Uber and Lyft need to do more to support disabled passengers, especially those who are blind or visually impaired, according to protesters who gathered outside the companies’ headquarters on October 15. Wired spoke to protesters who shared stories about drivers passing them by or refusing to let them bring their guide dogs on a ride. […]

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Apple wins $250 from Masimo in watch patent trial

A federal jury ruled Friday that Masimo smartwatches infringed Apple patents, but Apple isn’t getting a big payday. Bloomberg Law reports that the company was only seeking the statutory minimum of $250, and that’s all it was awarded. Apple’s attorney John Desmarais reportedly told jurors, “We’re not here for the money.” Instead, he said the […]

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OpenAI’s Whisper transcription tool has hallucination issues, researchers say

Software engineers, developers, and academic researchers have serious concerns about transcriptions from OpenAI’s Whisper, according to a report in the Associated Press. While there’s been no shortage of discussion around generative AI’s tendency to hallucinate — basically, to make stuff up — it’s a bit surprising that this is an issue in transcription, where you’d […]

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The next Mac mini might be nearly as small as an Apple TV

The Mac mini will be getting an upgrade this week, according to Bloomberg’s Mark Gurman. The mini is Apple’s desktop computer (really just a small gray box) positioned between the consumer iMac and the company’s professional-grade desktops. The new mini is reportedly getting smaller — nearly the size of an Apple TV set-top box. It […]

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Elon Musk’s X is moving its legal disputes to northern Texas

Lawsuits against X (formerly Twitter) will soon be heard in the U.S. District Court for the Northern District of Texas. The shift was first announced last month as part of a broader set of changes to X’s terms of service and privacy policy. Now, with the changes set to take effect on November 15, The […]

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Block’s Cash App adopts Lightning Network for free bitcoin payments

Late last year, Twitter CEO Jack Dorsey stepped down from his position in order to give his full attention to his other company, Square (now called Block), which had become increasingly invested in blockchain technology and cryptocurrency — just like Dorsey himself. Now we’re starting to see the results of Block’s embrace of crypto, as […]

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IROKO co-founder Bastian Gotter raises $3.2M seed for new venture, Bamba

In 2010, Bastian Gotter invested up to $200,000 into IROKOtv, an African video-on-demand company Jason Njoku, his friend and co-founder, launched in Lagos, Nigeria. For the next couple of years, Gotter, as CFO, was instrumental in turning IROKO — after raising over $30 million from VCs, including Tiger Global — into a household name in […]

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Apple enters the BNPL market as regulation, competition intensify

How will all of these BNPL-focused providers fare with Apple pounding its way into their market?

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Square says it has resolved daylong outage

Fintech giant Square says its services are coming back online after a daylong outage left small business owners unable to process payments. The Block-owned company had, up until Friday morning on the U.S. West Coast, been battling a prolonged outage that had downed its services since Thursday afternoon. In a new posting on its status […]

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Block releases Bitkey hardware wallet to 95 countries… kinda

Jack Dorsey’s Block (the company formerly known as Square) announced today that it is releasing its hardware Bitcoin wallet, Bitkey, in 95 countries. However, users can only preorder the device at the moment, with shipping starting in early 2024. The device will cost $150 USD. Block’s pitch to Bitcoin holders is that using a self-custodial […]

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48 hours left to save up to $1,300 on Disrupt passes

Frugal founders and savvy shoppers take heed. TechCrunch Disrupt, which takes place in person on October 18–20 — and online October 21 — can be a serious boon to your business. But our early-bird pricing disappears in a cloud of ruffled feathers on Friday, July 29 at 11:59 p.m. PT. You have just 48 hours […]

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24 hours left to save $1,300 on early-bird passes to Disrupt

We’re T-minus 24 hours until the TechCrunch Disrupt early bird flies south and takes up to $1,300 in savings with it. If you’re serious about realizing your startup dreams, you need to be kind to your bottom line. Disrupt is packed with many long-tail opportunities, but this one ends in just 24 hours. Buy your […]

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Extended early-bird savings on TC Disrupt passes end this Friday

We’re coming down to the wire, folks. Your chance to save early-bird pricing on passes to TechCrunch Disrupt ends this Friday. Our three-day flagship tech startup conference offers superior ROI at full price, but why spend more when you don’t have to? To-do today: Buy your early-bird pass to TechCrunch Disrupt by Friday, August 5 […]

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Volunteer for work exchange and get a free pass to Disrupt

Team TechCrunch wants you! Forget the village, people. It takes a battalion of smart, eager people to produce a world-class tech conference as epic as TechCrunch Disrupt. That’s where you come in. We’re looking for volunteers interested in work exchange. You give us 10 hours of your time, and we’ll give you a three-day pass […]

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Yahoo gets 25% stake in Taboola as part of long-term advertising deal

Yahoo is taking a nearly 25% stake in advertising network Taboola. In exchange for this move, Taboola is becoming Yahoo’s native advertising partner through a 30-year commercial agreement. If you’re not familiar with Taboola, you may have seen its content recommendation widgets on popular news websites, such as USA Today, Insider and The Weather Channel. […]

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From pickup basketball to market domination: My wild ride with Coupang

Coupang early investor Ben Sun shares an inside look into the growth of the Korean e-commerce giant and explains how founder Bom Kim led a pivot when the company was already an established business.

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Kaszek Ventures leads a $15 million round in Chilean asset management startup, Fintual

Like other financial sectors in Latin America, the retail investing space is getting a facelift by local tech startups that are cashing in on the untapped potential for democratizing asset management in the region. One of those startups is Chilean-based Fintual, which today announced a $15 million round led by Kaszek Ventures, the largest fund […]

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