In the News

What Is Pushing Oil and Gas Prices Lower?

Amy Myers Jaffe advises consumers to pay more attention to international news. “My opinion is, barring a major catastrophe in the Middle East, oil will drop to $50 a barrel, and gasoline prices are going to get even lower than they are now.” She adds that once there’s a technology breakthrough regarding the efficiency and cost of battery storage, alternative energy sources like solar and wind power will come into their own as energy industries.