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0API: First-half demand for gasoline 0.6% lower than last year 1280343180
According to the American Petroleum Institute's (API) Monthly Statistical Report, U.S. gasoline deliveries for the first half of 2010 averaged 8.88 million barrels per day, 0.6 percent lower than the corresponding period a year ago. Though the drop in demand is minuscule, it does provide us with an ...
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Study: Cheap gas will hamper success of electric vehicles in U.S. 1279036140
While we enjoy insanely cheap gasoline in the U.S., much of the rest of the world pays a significant premium to pump their cars full of go-juice. Though the thought of paying substantially more for gasoline may make some cringe, a study from Pike Research suggests that the success of electric ... -
Study: Gasoline consumption rises in the Northwest despite stalled economy 1278889260
Gasoline consumption across the U.S. has steadily declined during the last decade. Analysts have chalked up the drop in gas usage over the last ten years to the rise in more efficient technologies, better public transportation, the stalled economy and steadily increasing gas prices. While most of ...
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UK committee says fuel prices must stay high to force drivers into efficient cars 1278108660
We all love to see high fuel prices, right? Well, some of us might, but the majority of us would rather not pay through the roof for a gallon of gas. There's definitely a consensus that high gas prices are good for the environment in many ways, but few of us are willing to foot the bill to help out ...
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Consumer attitude data proves it once again: gas is too cheap in America 1266498540
In the summer of 2008, we saw Americans respond pretty quickly to gas that cost $4 a gallon (or more). Now that we've had time to adjust to average prices a little bit north of $2.50 in most parts of the country for the last half year or so, what will it take to get people to say, "Hey, gas costs ...
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Official prediction: gas will hit $3 this summer in U.S. 1263600060
It's still awful cold in most parts of the country, and the DOE's Energy Information Administration (EIA) is looking ahead to summer. What do they see? $3 gallons of gas in the U.S. This isn't much of a jump from today's national average – and it's quite a drop from the highs of summer 2008 ...
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Elon Musk: "Gasoline should probably be $10 a gallon" 1245109020
Tesla Model S – Click above for high-res image gallerySpeaking 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. ... -
KBB: Shoppers likely to change vehicle choices as gas prices rise 1245081060
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, 87-percent of new-car shoppers said they thought gas prices would go much higher. Seems like the ...
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Low gas prices are kind of like a $1 billion daily bailout 1230771000
Photo by glenn.batuyong. Licensed under Creative Commons license 2.0.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 prices are the equivalent of ... -
Gas prices go down, truck sales go up 1230228420
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 rebound and will make up 51 percent of the total this month. This isn't great news for those of us ...

