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gas prices

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    Report: Values of small used cars fall in lockstep with gas prices

    The Detroit News reports used small-car prices are plummeting right along with fuel prices. The news comes courtesy of a National Automobile Dealers Association study, which says gas prices have dropped an average of 3.5 percent compared to last year. In yet another shocking reminder of just how ...

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    Report: Ethanol production shaved $1.09 a gallon off of last year's 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 ...

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    Report: Gas may hit $6 mark, or maybe pump prices have peaked

    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 ...

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    Report: Analyst suggests gas prices may have peaked at $3.92/gal

    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 thinks fuel prices have peaked for the year, with the national average sitting at $3.92 for ...

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    Presidential politics and the price of gas, a quadrennial plea for votes

    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 ...

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    Official: Energy secretary says more alt-fuel options are better than gas-price drop

    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 ...

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    Report: Irony alert: Congressman Allen West complains about cost to gas up his Hummer

    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 ...

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    Report: U.S. ethanol subsidy expiration may be driving up gas prices

    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 ...

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    Report: Pentagon report says U.S. pays $400/gal for gas in Afghanistan [w/video]

    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 ...

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    Nome, Alaska facing possiblity of $9 gallons of gas this winter

    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 ...

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    Video: ABC News says gas prices might affect holiday spending

    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 ...

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    Report: UK transportation secretary urges cash-strapped motorists to "buy electric"

    Here's one we'll file under "For Sh*ts and Giggles." Former Transport Secretary Philip Hammond told Auto Express that cash-strapped motorists in the UK, those that can't afford soaring fuel prices, should "buy electric." That's interesting: Cash-strapped? Buy Electric! Hmm... That was Hammond's ...

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    Report: 2011 U.S. demand for gasoline below 2010 level for 29th consecutive week

    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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    Report: Gasoline vehicles soon to be overtaken by CNG, diesel in India

    At a time when gasoline prices frequently fluctuate, cheap compressed natural gas (CNG) and diesel have started to climb the fuel-of-choice charts over in India. According to The Times of India, CNG is so hot that it will soon overtake gasoline as the fuel that powers the majority of vehicles in ...

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    Opinion: Increasing CAFE standards is only the second-best solution to greener cars

    Higher CAFE standards force manufacturers to build cars that get better mileage, or at least adjust the mix of vehicles they sell. In the decades since the first set of CAFE standards were imposed, we've gone from an average fuel economy of just 13.1 mpg to a less-awful 22.5 mpg. As time goes on, ...

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    Green: Hurricane Irene and the price of gas

    Will Hurricane Irene water down gas prices across the nation, or will the storm force prices into an upward spiral? It's a bit early to know for sure, but previous hurricanes have sometimes caused a run up in prices, and in advance of Irene's landfall there was a small spike in gas ...

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    Study: Americans driving less, log fewest miles since 2004

    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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    Michelle Bachmann promises cheap gas if she gets elected [w/video]

    How this for bold? Congresswoman Michell Bachmann, a candidate for the Republican presidential nomination who won the Ames Straw Poll last weekend, has just stated that one thing we'd get with a Bachmann Administration is – ready? – cheap gasoline. According to Politico she ...

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    WaPo: High gas prices are holding the economy down

    Economic growth over the last quarter was once again disappointing. The possible factors out there weighing down on jobs, sales, and incomes range from the global consequences of the earthquake in Japan to concerns over the debt ceiling. Among all the factors that could be holding us back, ...

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    Infographic: Which U.S. cities spend the most on gas?

    It almost seems that with each passing day, commuters across the nation are increasingly pinched as the average cost of gas inches up. However, since driving habits and pump prices vary considerably from state to state and even from city to city, the truth is the problem afflicts some commuters ...


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