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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's view on Domestic and International Energy Price Trends




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EIA expects two years of significant growth in solar electric generation in the United States

The U.S. Energy Information Administration (EIA) expects solar electric generation will account for 7% of total U.S. electricity generation in 2025, up from 4% in 2023, according to its January Short-Term Energy Outlook (STEO). Developers have reported that almost 80 gigawatts of solar power will come online over the next two years, increasing U.S. solar generating capacity by 84% and making solar the leading source of growth in U.S. electricity generation through 2025.




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EIA to initiate collection of data regarding electricity use by U.S. cryptocurrency miners

The U.S. Energy Information Administration (EIA) is initiating a provisional survey of electricity consumption information from identified cryptocurrency mining companies operating in the United States.




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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 expects electricity growth to be mostly met by renewables

The U.S. Energy Information Administration (EIA) expects electricity generation will grow by about 3% in 2024 and 1% in 2025. Renewable energy sources—chiefly solar—will supply most of that growth.




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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 mixed bag for energy prices in 2024

The U.S. Energy Information Administration (EIA) expects that U.S. residential electricity prices will increase by about 1% in 2024, the slowest rate of year-over-year growth since 2020. Natural gas prices have been falling since late 2023, and those lower prices are now being factored into retail electricity rates. Natural gas provides the largest share of U.S. electricity generation.




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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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U.S. fuel ethanol exports rise on strong international demand and low U.S. prices

U.S. fuel ethanol exporters are on track to export a record amount of the fuel in 2024. The increase in exports this year has largely been driven by demand in countries with biofuel blending mandates and cheaper-than-usual U.S. fuel ethanol prices.




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Zynga CEO on its blockchain gaming division and navigating the advertising crisis

Beating the street and its own guidance, Zynga reported record third-quarter revenue of $705 million, up 40% from the same period last year and reaching its largest mobile audience ever of 183 million monthly active users, up 120% year over year. Despite warning in the second quarter of a material impact from Apple’s privacy policy […]

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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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Digital bank Umba raises $15M, plans to expand into three new African markets

There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these fintechs think this is the right time to provide financial services to every market category, from the banked to the unbanked. We’ve covered a […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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TikTok is gearing up for games, including interactive minigames for TikTok LIVE

TikTok is already one of the world’s fastest-growing social media platforms, where it’s even overtaken YouTube on watch time in select markets and sports over 1 billion monthly active users. Now, the company is looking to expand the range of activities its users can do when they tire of flipping through short videos. A report […]

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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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Penguin Random House is adding an AI warning to its books’ copyright pages

Penguin Random House, the trade publisher, is adding language to the copyright pages of its books to prohibit the use of those books to train AI. The Bookseller reports that new books and reprints of older titles from the publisher will now include the statement, “No part of this book may be used or reproduced […]

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  • Media & Entertainment
  • AI
  • penguin random house
  • In Brief

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Gusto’s head of technology says hiring an army of specialists is the wrong approach to AI

As founders plan for an increasingly AI-centric future, Gusto co-founder and head of technology Edward Kim said that cutting existing teams and hiring a bunch of specially trained AI engineers is “the wrong way to go.” Instead, he argued that nontechnical team members can “actually have a much deeper understanding than an average engineer on […]

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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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Instagram is lowering video quality for unpopular videos

The popularity of an Instagram video can affect its actual video quality: According to Adam Mosseri (the Meta executive who leads Instagram and Threads), videos that are more popular get shown in higher quality, while less popular videos get shown in lower quality. In a video (via The Verge), Mosseri said Instagram tries to show […]

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UNest raises $26M Series B to help parents save for their kids’ expenses

UNest, a fintech startup that provides financial planning tools for parents saving on behalf of their children, announced today that it raised $26 million in Series B funding led by The Artemis Fund. Existing investor Northwestern Mutual Future Ventures participated alongside new investors including Franklin Templeton, Launchpad Capital, AltaIR Capital, OneWay Ventures, Unlock Venture Partners […]

© 2024 TechCrunch. All rights reserved. For personal use only.





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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 […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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Disrupt early-bird pricing extended to Friday

We see how hard early startup community members work to build their dreams. You’re all wicked busy, and that’s why we’re extending our early-bird pricing on passes to TechCrunch Disrupt, taking place on October 18–20 in San Francisco. You get one extra week to save up to $1,300, so shake your tail feathers and buy […]

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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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Unsealed docs in Facebook privacy suit offer glimpse of missing app audit

It’s not the crime, it’s the cover up… The scandal-hit company formerly known as Facebook has fought for over four years to keep a lid on the gory details of a third party app audit that its founder and CEO Mark Zuckerberg personally pledged would be carried out, back in 2018, as he sought to […]

© 2024 TechCrunch. All rights reserved. For personal use only.




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Yahoo is acquiring Instagram co-founders’ AI-powered news startup Artifact

Yahoo is acquiring Artifact, the AI-powered news app from Instagram’s co-founders Kevin Systrom and Mike Krieger, the company announced on Tuesday. The financial terms of the deal were not disclosed. Artifact will no longer operate as a stand-alone app, and its AI-powered personalization technology will be integrated across Yahoo, including the Yahoo News app in […]

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After the Yahoo News app revamp, Yahoo preps AI summaries on homepage, too

Yahoo’s AI push isn’t over just yet. The company, also TechCrunch’s parent, recently launched AI-powered features for Yahoo Mail, including its own take on Gmail’s Priority Inbox and AI summaries of emails, and today it’s rolling out an AI-powered version of its Yahoo News app, leveraging technology it acquired from its latest acquisition, Artifact. Still, […]

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UK on-demand supermarket Weezy raises $20M Series A led by NYC’s Left Lane Capital

Weezy — an on-demand supermarket that delivers groceries in as fast as 15 minutes — has raised $20 million in a Series A funding led by New York-based venture capital fund Left Lane Capital. Also participating were U.K.-based fund DN Capital, earlier investors Heartcore Capital and angel investors, notably Chris Muhr, the Groupon founder. Although […]

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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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Wonder Brands picks up $20M, aims to build marketplace of Latin American e-commerce brands

E-commerce roll-up companies are big in the United States, and Wonder Brands wants to be that for Latin America.

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Ravio is bringing real-time data to the talent fight

UK-based Ravio reckons real-time data is the best way to arm businesses to win the global talent war. Its new-to-market compensation benchmarking tool lets users see how the compensation (wages and benefits) they offer their own staff compares to the market by pooling data across its employer customers (data is anonymized at the platform level) […]

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Key European tech founders and investors launch OneUkraine charity to assist Ukraine

A host of major European tech founders and investors are today backing the launch of OneUkraine, a new charity providing sustainable humanitarian relief for the Ukrainian people. OneUkraine will be supporting Ukrainians at home and abroad, delivering humanitarian aid, and aiming to rebuild the tech and broader infrastructure of Ukraine by SMEs and startups on […]

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How to run growth marketing during a recession

How does one build, scale and navigate the headwinds of a recession, especially as consumer behavior changes dramatically?

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Groupon cuts over 500 staff, plans to focus ‘only on mission-critical activities’ from now on

Chicago-based Groupon today laid off more than 500 of its employees — 15% of its 3,416-person headcount — according to posts from former employees on social media. The reduction impacted workers in teams including merchant development, sales, recruiting, engineering, product and marketing. Groupon confirmed the layoffs to TechCrunch after the publication of the story. “Our […]

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Australian privatisations to headline global power deals in 2015 - 30 Jan

The sale of New South Wales' and Queensland's utility assets will be among the most eagerly anticipated power deals globally in 2015, according to a PwC report released today.




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Australia Must Get to Grips with Asian Century - 12 Feb

If we continue to ignore the rising economic success of our Asian neighbours we will lose our place as a G20 economy by 2030.




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PwC brings in the experts to help drive Diversity efforts - 14 Apr

PwC Chief Executive Luke Sayers today announced the members of an external advisory board charged with moving the firm towards greater diversity and inclusion among its people.




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Navigating the energy 'trilemma' crucial for Australian power and utilities sector - 20 May

The pace and scale of disruption in the power and utilities sector is happening faster than expected.