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0Official: Last year's high gas prices stopping people from spending like they used to 1369397040
Old habits die hard, and when it comes to changing our spending habits to account for gas price increases, newer ones do as well. About four in five Americans have held steady with their lower discretionary spending levels from last year – a time when gas prices spiked – despite the ...
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Report: Federal court denies trade groups' request to ban E15 1358550000
For those keeping score in the battle between advocates and opponents of higher ethanol blends in gasoline (fuels such as E15, which is 15 percent ethanol and 85 percent gasoline), chalk one up in the "advocates" column. Earlier this week, a US federal appeals court upheld last year's decision to ...
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Report: California takes wraps off dirtier, "winter" gasoline to ease prices 1349814420
For Californians, the start of "winter" can't come soon enough. The California Air Resources Board (CARB) has responded to a request from Governor Jerry Brown to allow slightly dirtier gasoline to be sold about three weeks before the state usually switches to the so-called "winter blend" of gas. ...
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Report: Rising fuel prices got you down? Blame Twitter 1344426900
The power of social media revealed itself yesterday in the form of fluctuation in fuel prices based on a false tweet. According to The Wall Street Journal, a Twitter account claiming to be Russian Interior Minister Vladamir Kolokoltsv tweeted that Syrian president Bashar al-Assad had been ...
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Report: Analyst suggests gas prices may have peaked at $3.92/gal 1334231400
High gas prices burning through your checking account faster than a Bugatti Veyron through premium? At least one analyst says the pressure might drop soon. Patrick DeHaan, senior analyst for gasbuddy.com thinks fuel prices have peaked for the year, with the national average sitting at $3.92 for ...
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Report: 2011 U.S. demand for gasoline below 2010 level for 29th consecutive week 1318598520
U.S. gasoline consumption declined 2.5 percent last week, compared to the same time frame in 2010, with motorist buying only (?) 8.79 million barrels a day during the week ending October 7, according to data collected by MasterCard. That's down from 9.01 million barrels a day back in October of ...
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Study: Americans driving less, log fewest miles since 2004 1314388740
The price of a gallon of gasoline has been a major downer so far in 2011, and data shows that it may be affecting driving habits. According to The Detroit News, the Federal Highway Administration claims that Americans drove 1.453 trillion miles in the first half of 2011. That's down 1.1 percent ...
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Gas prices not scaring car buyers as much this time around 1309478940
With gasoline prices soaring this year, one might assume, justifiably, that hybrid and fuel-efficient small vehicle demand must also be on the rise, mimicking the market situation in 2008. However, history may not be repeating itself this time around. AutoPacific President George Peterson says, ...
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Reuters: Gasoline prices begin falling, may be past 2011 peak 1305831060
The price of a gallon of crude may have dropped by $16 in the past month, but for the most part, gas prices haven't followed suit. In fact, the nationwide average hit $4 per gallon just last week, or $1.10 higher than it was at this time in 2010. But while relief at the pump feels far from ...
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BP gushes over improved ethanol 1294441260
British Petroleum's (BP) disastrous Gulf oil spill will forever be a part of our nation's gasoline-powered history. The oil giant is trying to introduce an improved ethanol that could assist us in weaning ourselves off of oil and making that spill a distant memory. Recently, BP teamed up with the ...

