Energy Update

(Fri, 04 Jan 2019) U.S. regular retail gasoline prices averaged $2.72 per gallon (gal) in 2018, 30 cents/gal (13%) higher than in 2017 and 57 cents/gal higher than in 2016. However, a rapid price decline beginning in October led to U.S. average regular gasoline prices ending the year lower than they began for the first time since 2015. In 5 of the 10 cities for which EIA collects weekly retail price data, gasoline prices exceeded $3.00/gal at least once in 2018.

Folding smartphones, disease-detecting wearables and cloud-based video gaming – these are just some of the major consumer technology innovations we can expect to see in 2019. But while

Automated traffic lights, street lamps that can gather data and sensors to help limit pollution – this is the vision of a smart city. As technology grows more

(Thu, 03 Jan 2019) Brent crude oil averaged $72 per barrel (b) in 2018, and West Texas Intermediate (WTI) averaged $65/b in 2018. The prices for both crude oils finished the year lower than they began it. Brent and WTI each hit their highest prices during the year on October 3 at $86/b and $76/b, respectively. Prices for each benchmark fell quickly after that, and on December 24, Brent reached an annual low of $50/b and WTI reached an annual low of $43/b.