oil prices

What do you think about the recent increases in gas prices?

The extreme volatility in energy markets highlights investors’ worries about the duration of the coronavirus outbreak.

A barrel of benchmark U.S. oil for May delivery fell to negative $3.70 per barrel.

The Russian government says it expects the United States to also cut production.

Energy demand dropped dramatically as flights to and from China and factories slowed production.

Friday's decision came after long talks at the OPEC headquarters in Vienna.

Robinson says oil and natural gas prices rebounded in November and sales tax collections are running ahead of this time last year.

The U.S. announced the sanctions last year to push Iranian leaders to renegotiate an agreement aimed at keeping them from developing nuclear weapons.

The report did note an increase in sales and use taxes mainly because of activity in the oil and gas sector.

Jim Robinson says long-term energy-price trends are far more important to the state economy than short-term fluctuations.