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Missouri gas price average reaches 2-year high as crude oil price climbs

Missouri gas price average reaches 2-year high as crude oil price climbs National average price for a gallon of regular unleaded is $2.83 Share Updated: 11:51 AM CST Mar 11, 2021 KMBC 9 News Staff National average price for a gallon of regular unleaded is $2.83 Share Updated: 11:51 AM CST Mar 11, 2021 Hide Transcript Show Transcript LOOKING INTO THAT. The Reporter: THE KANSAS COMMISSION IS ASKING TO TRACK THE COLD WAVE SUSPENSION, SO BIG JUMPS PROBABLY WON T BE ON YOUR NEXT KANSAS BILL. IT S A LITTLE TOO EARLY TO TELL. The Reporter: THE CHIEF AUDITOR FOR THE KANSAS CORPORATION COMMISSION IS ASKING KANSAS UTILITIES TO RECORD AND SEPARATE THEIR SPENDING DURING THIS CRISIS, AND THEN COME UP WITH A CUSTOMER PLAN. SO THAT WE CAN SPREAD OUT HOPEFULLY SPREAD OUT THE IMPACT OF THESE BILLS, THESE HIGHER BILLS OVER SOME PERIOD OF TIME. The Reporter: YOUR BILLS GOING UP, BECAUSE USE IS UP IN THE COLD WAVE. THE MORE YOU USE, THE MORE

Emirates News Agency - Oil and gas sector to less likely witness significant disruption in short term: WEC chief

Oil and gas sector to less likely witness significant disruption in short term: WEC chief By Binsal Abdulkader ABU DHABI, 11th March, 2021 (WAM) Although the COVID-19 pandemic is causing disruptions across almost all industries, the oil and gas sector is less likely to witness significant disruption in the short term, according to Dr. Angela Wilkinson, Secretary General of the World Energy Council (WEC). While the energy transition progresses, we now see that significant disruption in the short term is less likely for the oil and gas sector, where demand is already growing back, she told Emirates News Agency (WAM) from London by email on Wednesday.

Fiscal Stimulus, Vaccine Rollouts Brighten OPEC s Oil Demand Forecasts -- Update

By David Hodari A growing wave of fiscal stimulus and the continuing rollout of coronavirus vaccinations are helping to brighten this year s outlooks for economic growth and oil demand, the Organization of the Petroleum Exporting Countries said Thursday. In its closely-scrutinized monthly market report, OPEC increased its global oil demand forecast by as much as 200,000 barrels a day and its forecast for global economic growth by 0.3 percentage points to 5.1%. The cartel cited the U.S. s latest $1.9 trillion fiscal stimulus bill and the continuing recovery in Asian economies in its move. In its report, OPEC pointed to the uncertainty facing the oil market in the coming months, decreasing its global demand estimate for the first half of the year due to ongoing coronavirus restrictions but increasing its demand forecast for the second half of the year as economic activity is expected to accelerate as the impact of the pandemic is expected to taper off.

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