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Elon Musk: "Gasoline should probably be $10 a gallon"

Speaking at the Wired Business Conference that's currently taking place in New York, Tesla Motors CEO Elon Musk had some rather interesting things to say. For instance, Musk believes that gasoline "should probably be $10" per gallon. While that doesn't sound like a popular sentiment for those Americans struggling with the thought of paying just $3 per gallon, but Musk offers an environmental reason to promote higher fuel prices: I'm not paying for the true cost of gasoline at the pump...since nobody's explicitly paying for the CO2 capacity ... Read more →

KBB: Shoppers likely to change vehicle choices as gas prices rise

In case you fill up your gas tank so infrequently that you hadn't noticed (lucky you!), fuel prices here in the United States are on their way back up. According to a recent Kelley Blue Book study, ...

Low gas prices are kind of like a $1 billion daily bailout

Remember those $4 a gallon gas prices? They were costing America a lot, more than I realized. According to the chief oil analyst for Oil Price Information Service, Tom Kloza, today's lower gas ...

Gas prices go down, truck sales go up

While overall new vehicle sales are still in the tank, there is some good news for you if you're trying to sell big trucks. With the ever-declining price of gasoline, truck and SUV sales are seeing a ...

Party like it's August 2007: oil falls to 14-month low

Photo by Michael (mx5tx). Licensed under Creative Commons license 2.0. The bad news continues for fuel efficient vehicle technologies. The AP is reporting that yesterday's oil barrel price of $74.54 ...

Traffic fatalities drop as gas prices increase 1 year ago on Autoblog Green

Photo: splorp - Licensed under CC 2.0 Higher gas prices equal fewer miles driven. Fewer miles driven equals fewer traffic fatalities. At least, that's the assumption, 'cause it's really impossible to know for sure what is driving the current death rate decline on American roadways. Still, that ...

Even at $4/gallon, American drivers still getting off easy 1 year ago on Autoblog Green

American drivers getting angry when the gas pump automatically shuts off $50-75 into filling their cars might want to stop whining. In Norway, it can cost upwards of $130 to fill the !3.2 gallon tank of a MINI at $9.85/gallon. A new survey indicates that even at above $4/gallon, American prices are ...

John McCain doesn't know how much gas costs 1 year ago on Autoblog Green

Considering all of the press that has been inked (or typed) regarding both John McCain's and Barrack Obama's various plans for the ailing automotive industry in America, you may think that the two hopeful presidential candidates would be in tune with the plight of the average driver who fills his or ...

High gas prices to keep 10 million cars off the roads 1 year ago on Autoblog Green

Photo by Cyfer13. Licensed under Creative Commons license 2.0. Before gas prices began soaring skyward, it had often been suggested that an artificial increase to the price of gas could have the effect of forcing consumers to purchase more fuel efficient vehicles and could keep people from making ...

Automakers not keen on fuel incentives in Europe 1 year ago on Autoblog Green

Here in the United States, consumers who fill up their fuel tanks are just now beginning to see the type of pain that Europeans have seen at the pump for years. Reactions to the recent rises in gasoline and diesel fuel are pretty much what you would expect, with new car purchasers eschewing gas ...

Citron says its cheaper to drive in the UK today than it was in 2000 1 year ago on Autoblog Green

Click on the image to enlarge We're driving, driving, driving like it's nineteen-ninety-nine. Well, not exactly, but Citroën says that owners of its cars in the UK may actually be driving for less money per mile on average than they did eight years ago. Here in the states, gas was ...

66% of U.K. car buyers will go green in order to save money 1 year ago on Autoblog Green

A win is a win, right? We're content to consider the fact that two-thirds of new car buyers in the U.K. are considering going green for their next car purchase a good thing, despite the fact that most of them are doing so to save money, not the environment. What Car? group editor Steve Fowler says ...

AAA: Driving costs increased 1.9 cents per mile in the last year 1 year ago on Autoblog Green

Every year, AAA runs a study which they refer to as "Your Driving Costs" which calculates the average costs of owning and operating the five top-selling models in three popular size classes: small, medium and large sedans. This year, the study indicates that the average cost of driving a passenger ...

Inquiring minds at Toyota want to know: how are gas prices affecting you? 1 year ago on Autoblog Green

How are gas prices affecting you personally? If you drive an SUV every day, your fuel bill is surely putting a crimp in your pocketbook. Even if you drive a vehicle which gets high fuel mileage, we imagine that you're still quite cognizant of your driving habits. Do you carpool to work or when ...

Willing to pay a higher gas tax? 48% of Americans say no 1 year ago on Autoblog Green

Nobody likes taxes. Nobody likes high fuel prices. Combine the two and what do you get? Even higher fuel prices, which nobody likes. This might all seem rather obvious, but it is still relevant considering that there are movements to place higher taxes on gas for a variety of reasons. While many ...

Friday humor: Record high gas prices shock small town 1 year ago on Autoblog Green

Once again showing just how important the placement of a decimal point can be is the sign that you see above. Seen on the billboard for a Citgo gas station in Florida, the sign should have read $3.15 as opposed to $31.59. According to the accompanying news story, motorists were so interested that ...

Exxon is back at the top with record profits again 1 year ago on Autoblog Green

Ask yourself: what could possibly be better for Exxon Mobil than posting a record profit of $39.5 billion in 2006? Tough one, huh? How about beating that record-setting profit number with a new record of $40.6 billion the following year. Yeah, that'd do it! We've been covering the on-going record ...

Al Gore drives hybrid Taxi in Futurama movie 1 year ago on Autoblog Green

Nobel Peace Prize winner Al Gore voices himself as a hybrid cab driver in 2012 Long Island in the new animated movie Futurama: Bender's Big Score. In the movie, Al is happy to get a ride from a killer, time-traveling robot that offers him $100 to run over someone. Al crashes his Hybraxi Taxi Co cab ...

Why gas prices went up in 2006 2 years ago on Autoblog Green

The FTC released a report with the reasons behind the gas price increase in 2006. Live in a cave and don't recall the increase in gas price in 2006? As shown in the above graph, the weekly average gas price started the year at $2.28 in February. It quickly rose to an average May to September of ...

Friday Humor: Giving your gas tank "the finger" OR "Pain at the Pump" defined 2 years ago on Autoblog Green

Normally, we don't find pain to be humorous, but this one just needs to be posted since we are a site that focuses on easing the pain at the pump that we are all feeling when it comes to filling our tanks with gas. Dwight Clark from Huntsville Alabama felt a different type of pain when he was ...

Pump prices down, but so is consumer confidence 2 years ago on Autoblog Green

An article in from Automotive News tells us... what we already know. Even though gas prices have declined since their almost record-breaking highs on Memorial Day, consumer confidence is at a low. What is interesting about the article is that it points out that not only is our confidence in oil ...

John McCormick from The Detroit News shares his thoughts on CO2 2 years ago on Autoblog Green

While I was reading this column, I almost thought I was perusing my latest copy of Car and Driver. Then, I realized that the writing was not as good, and the attempts at humor less successful. But, anyway, John McCormick did cover some of the points that Patrick Bedard consistently seems to touch ...

Better than Roulette: Betting on gas prices! 2 years ago on Autoblog Green

Is this a sad sign of the times we live in or what? Betting on gas prices! The worst part is that the line is even on gas hitting $4.00 a gallon in short order. Anybody wanna take that bet? I'll stay out of it myself... I only gamble with chips that aren't worth anything. Feel free to comment on ...



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