$2 gas coming soon for most of the U.S.

Kloza expects most stations in the U.S. will be below $2 by the weekend, and that the national average will break the $2 mark by Christmas or early January. The average price of gas hasn’t been that cheap since 2009.

Oil prices fell below $40 a barrel for the first time since August on Wednesday, and are near a six-year low. The slide has been caused by a glut of oil thanks to record U.S. production, sluggish demand in Asia and Europe due to economic weakness, as well as a strong dollar.

http://money.cnn.com/2015/11/18/news/economy/two-dollar-gas/index.html?section=money_latest

$2 GAS COMING SOON FOR MOST OF THE U.S.

The average price of a gallon of regular gas is $2.13 according to AAA, down 75 cents from a year ago. That decline means consumers will save about $7 billion on gas during the 37-day period between now and Christmas, or about $40 a driver.

$2 gas coming soon for most of the U.S.

Obama’s pollution rules for US power plans to require steeper greenhouse gas emission cuts

http://www.usnews.com/news/politics/articles/2015/08/02/obama-to-mandate-steeper-emissions-cuts-from-us-power-plants

Aiming to jolt the rest of the world to action, President Barack Obama moved ahead Sunday with even tougher greenhouse gas cuts on American power plants, setting up a certain confrontation in the courts with energy producers and Republican-led states.

In finalizing the unprecedented pollution controls, Obama was installing the core of his ambitious and controversial plan to slow drastically reduce overall U.S. emissions, as Obama works to secure a legacy on fighting global warming. Yet it will be up to Obama’s successor to implement his plan, amid steep Republican opposition that has reverberated from Capitol Hill to the 2016 presidential campaign trail.