gas prices

If you thought last year was a bad one at the gas pump, it could've been worse. That's what one report partially funded by ethanol advocate Renewable Fuels Association says. U.S. ethanol production actually cut wholesale gas prices by $1.09 a gallon last year because of relatively lower ethanol ...

Might want to buy some stock in whatever company you think makes the most fuel-efficient cars. The price of U.S. gasoline could hit the $6 mark if international sanctions are imposed on Iran and shut down the Strait of Hormuz, through which much of the world's oil is shipped, the Chicago Tribune ...

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 ...

In 2008, when Democrats were suggesting President Bush was causing America's then-high gas prices, Fox News went to the mat to support their Commander in Chief, repeatedly explaining why the President can't really control gas prices. Media Matters has collected some of these clips into a ...

U.S. Energy Secretary Steven Chu said the federal government will continue to emphasize finding alternative forms of transportation energy sources over merely trying to find ways to cut gas prices, Politico is reporting, citing Chu's comments at a Washington, D.C., House appropriations hearing ...

It's not in any way illegal to drive a Hummer H3. If you want to drive one, go right ahead. But if you do, you will look kind of clueless if you complain about how much it costs to fill up the tank. The H3 is one of the best-known gas guzzlers on the planet, and if you're in the public eye, maybe ...

Last month's expiration of ethanol subsidies from the U.S. federal government may already be driving up gas prices. Average gas prices as of Friday were $3.39 a gallon, up three cents from a week ago and up from $3.26 a month ago, according to AAA. Fuel prices for the three weeks ended ...

Fed up with the price of gas? We feel your pain. Depending on what state you live in, gas is likely to be found for somewhere between three and four dollars per gallon – and make no mistake, that figure is enough to amount to a sizable chunk of the average American's monthly paycheck. A ...

Alaska contributes a sizable percentage of the oil produced in the United States, but that doesn't mean that gas there is cheap. Not only are most refineries located half a continent away, some towns in Alaska are so isolated that transportation costs make up a large part of the overall price for ...

Americans everywhere are feeling the pinch of high unemployment and a stagnant economy. Even the gainfully employed are having a tough go of things, as wages aren't keeping up with inflation. ABC News took a look at holiday spending, showing how much the price of a turkey dinner has changed in ...