gas price

Gasoline prices climbed Friday for the 24th straight day as service stations pass along the rising cost of oil. The national average for gasoline hit $3.741 per gallon, according to AAA, Wright Express and Oil Price Information Service. That's an increase of 46.5 cents per gallon since the start of 2012. Gasoline has never been so high this time of year, and analysts say it could reach a record of $4.25 per gallon by late April.

President Obama on Wednesday appeared to raise the possibility that the U.S. would release oil from its strategic petroleum reserve to provide relief to Americans struggling with high gas prices. But is now the right time?

Inflation in 2010 was low, according to the consumer price index. But underlying growth in the cost of energy, raw materials and health care could indicate significant inflation this year. And that could mean higher prices for consumers or lower profits for companies.

It happens around every Memorial Day: Gas prices go up as the summer driving season begins.At least a gallon of gasoline -- now at an average of $2.36 a gallon across the United States -- is less than it was a year ago when a gallon averaged $3.94, according to AAA figures cited in a Christian...

When I was a kid, my buddy Sean had a huge collection of 1970's-era MAD magazines. I remember flipping through them, laughing at the Star Wars and Jaws jokes, and being totally puzzled by the gas crisis humor. After all, this was the mid-1980's. Gas was cheap, cars were efficient (relative to the...

Can a day go by without a news story regarding record high gas prices in the United States? Doubtful. We're a society of complainers, so the news is much more fun when there is something good to complain about. Gas fits the bill. Especially since it also means we get to complain about big naughty...

Crude oil and gasoline future prices are up to new highs, coming close to $115 per barrel. At the same time, the inventory of crude oil fell last week, meaning there is less product in reserves, and that could push prices higher too. And for those of us living in crazy locations like Milwaukee, we...