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gasoline prices

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    Breaking: With Chevy Silverado, GM promotes low cost-of-ownership instead of high MPG

    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 ...

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    Official: EIA: 2012 monthly average shows U.S. using less gas than at any time since 2007

    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 ...

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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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    Barron's says oil likely to hit $150 a barrel next spring, gas $4.50 a gallon

    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 ...

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    Gas prices not scaring car buyers as much this time around

    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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    Report: Prices of fuel-efficient used vehicles have peaked

    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 ...

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    Ups and downs of unpredictable gas prices defy logic

    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 ...

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    With high gas prices, compact vehicles flying off dealer lots

    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 ...

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    Consumer Reports says now's not the time to buy a hybrid vehicle

    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 ...

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    It's official: National average gas price hits $4

    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 ...

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    22% of Americans "extremely confident" gas will soon be too expensive to drive normally

    With the price of a gallon of gasoline steadily rising, many U.S. motorists now say that steep payouts at the pump will soon limit their ability to drive as they please. According to a survey conducted by HNTB Corporation, 63 percent of U.S. motorists believe that gas will be so costly that ...

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    RFA says ethanol saved Americans 89 cents at the pump in 2010

    In early May, Iowa State University and the University of Wisconsin released a study indicating that in 2010, the blending of ethanol with gasoline reduced pump prices by an average of $0.89 per gallon. This is a $0.25 increase in savings thanks to the extra ethanol produced last year. In addition, ...

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    Rising gas prices hike up hybrid, diesel, subcompact vehicle sales in first quarter of 2011

    U.S. sales of hybrid, diesel and subcompact vehicles outpaced the automotive industry's overall growth in the first quarter of 2011, according to a report released by Baum and Associates, a firm that specializes in forecasting and market research related to the auto industry. Sales of hybrid ...

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    WTF? Gas prices around the world range from $11 to 12 cents a gallon

    Here's a frightening number (to anyone without a plug-in car, anyway): the average cost of 50 liters of gasoline reached €75 this month. As you can probably tell from the metric system usage there, we're not talking about fuel prices in the U.S. Instead, this is the situation in France, where ...

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    Report: Sales of fuel-efficient vehicles too low to meet 2016 CAFE standards

    It's estimated that automakers will dish out more than $50 billion to meet CAFE standards that go into effect in 2016, but if consumers don't buy enough fuel-efficient vehicles, then automakers may fail to meet the required 35.5 miles-per-gallon average. According to Ward's Auto, the average ...

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    Ford's Mark Fields: $4 gas could be the tipping point

    2012 Ford Focus – Click above for high-res image gallery
    Paul Taylor, chief economist for the National Automobile Dealers Association (NADA), may think that $4.50 gas is the point when consumer interest will shift towards more fuel efficient-rides, but Mark Fields, Ford's president of the ...

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    Study: $5/gallon gas could overload public transit system in U.S.

    Recently, the American Public Transportation Association (APTA) predicted that rising gasoline prices could lead to a savings of $14,376 for commuters in New York City who choose to switch from personal to public transportation. However, keeping that amount of coin in one's bank account may not ...

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    NADA says $4.50 gas is tipping point in U.S. (well, duh!)

    Do you remember 2008, when the cost of gas in the U.S. jumped to levels people just weren't ready for? When gas prices soared to $3.50 an above that year, we saw the U.S. public panic, and some changed their car-buying habits (for a while, at least). The 2011 version could come when a gallon of ...

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    Report: Gas prices in Finland to soar above $9 per gallon

    Us Americans typically complain when gasoline prices begin to rise, but at the current U.S. average of $3.09 per gallon, fuel here is a raging bargain. At least, it is if you compare to what drivers pay over in Finland. Even though some reports suggest gas will go over $5 a gallon in the U.S. in ...

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    Rising gas prices fail to spark sales of compact cars

    2010 Toyota Prius – Click above for high-res image gallery
    The price for regular gasoline in the U.S. averages $3.06, up from $2.65 that Americans paid for a gallon of fuel a year ago, but consumers apparently haven't adjusted their auto-buying habits to lessen the pain at the pump. ...


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