gasoline prices

General Motors has a couple of problems to deal with: a glut of pickups on dealer lots and the inability to claim best-in-class fuel economy for its usually strong-selling Chevrolet Silverado pickup. In light of the situation, GM's marketing message has transmuted into something else: "hey, at ...

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 ...

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 ...

In early May of 2011, the national average price of gasoline in the United States hit exactly $4 a gallon before falling to the current level of $3.56. However, if predictions from Barron's hold true, then prices will shoot back up in early 2012, hitting $4.50 by next spring. Barron's, America's ...

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, ...

As gasoline prices start to dip, so too are the values of fuel-efficient used vehicles. According to Kelley Blue Book, prices on fuel-sipping used autos increased by roughly 25 percent throughout the first 20 weeks of 2011, but that, "values for fuel-efficient used vehicles have now peaked." If ...

Surprisingly, gas prices dropped prior to Memorial Day weekend and have seemed to defy logic throughout much of the first half of 2011. Luckily, pump prices have dipped below their 2011 peak of $4, down to a nationwide average of approximately $3.80. However, analysts warn that we're not out of ...

Gasoline prices may have slipped a bit from the May 8th national average of $4 a gallon, but nobody is declaring the price hike over. In fact, data from Edmunds shows that compact vehicles are flying off dealer lots at a clip not seen since the gas price hike during the summer of 2008. By ...

Despite the fact that the national average price of gasoline hit $4 a gallon last week, Jeff Bartlett, Consumer Reports deputy online automotive editor, says that now's the worst time to buy a hybrid vehicle. Why's that? Well, as Bartlett explains, many owners of gas-guzzling SUVs are ditching ...

The national average price of gasoline has hit exactly $4 a gallon, approximately a dime below its all-time high. According to a Lundberg Survey of fueling stations released on Sunday, pump prices rose 12 cents over the past two weeks. On July 7, 2008, the national average price of gas soared to ...