gas prices

Americans are about to spend a lot of money on gasoline. If the number crunchers at the Union of Concerned Scientists (UCS) are correct, US drivers will spend a tidy $1.44 billion filling up for their Memorial Day travels as 31.2 million people use the long weekend to participate in the ...

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 ...

The Environmental Protection Agency (EPA) added a new word to the wider public lexicon today when it proposed new emission and fuel standards for cars and gasoline: Tier 3. This new regulation is "sensible" and will "significantly reduce harmful pollution, prevent thousands of premature deaths ...

US gas prices are expected to fall over the next couple of years as fuel consumption levels off, indicating that vehicle fuel-economy gains may have positive long-term effect on everyone's wallets. Regular fuel prices, which on average rose 2.8 percent in 2012 to $3.63 a gallon, will fall to ...

Here's an unsurprising fact: Big Oil is making huge profits. Here's one that might catch your eye: car owners are spending nearly as much gassing up as they paid to buy their car. Crunching a few numbers, the Union of Concerned Scientists spells out in a new report how consumers could be saving ...

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. ...

The basics of supply and demand, even in a market as curated as global petroleum is, are fairly easy to understand. Today's example: southern California, where some stations are beginning to run out of gas due to "refinery supply problems" at both Chevron and Mobil, reports USA Today. The result? ...

Drivers in certain parts of Italy are currently shelling out a staggering $9.50 per gallon of gasoline, according to Bloomberg. The hefty fuel prices are largely the result of the European debt crisis. Italy has hiked fuel taxes in an attempt to get a handle on the country's public debt, which ...

124,000 barrels of oil a day sure sounds like a lot, doesn't it? It is, until you compare it to the average daily U.S. oil consumption, which is around 8.5 million barrels a day (bbl/d). At least, 8.5 million was the number in the first quarter of 2011, according to the U.S. Energy Information ...

Extended range electric powertrain, federal and state incentives, still-high gasoline prices and hip interior and exterior design are all helping the Chevrolet Volt lead U.S. plug-in vehicle sales. Even though the overall numbers remain small, the Volt is clearly bypassing the Nissan Leaf and ...