gasoline prices

Natural Gas Can Be America's Fuel of the Future

Unless there's a breakthrough in battery technology, gasoline will remain the primary auto fuel in the U.S. for years. But our dependence on imported oil comes with a major risk of supply disruption. And the U.S. has a domestic alternative that's ready and reliable: natural gas.

Oil Prices: Egypt's Crisis Could Hurt Europe First

Even though no reports of supply disruptions have surface, Brent crude hit $100 a barrel in London trading, while U.S. prices hovered near $90. Europe is more vulnerable because much of its crude flows through the Suez Canal and adjacent pipelines.

Will the Economic Recovery Slide on $90 Oil?

Oil prices, up more than 25% since August, are testing the $90 per barrel level and appear to be headed higher -- into what the International Energy Agency calls 'a dangerous zone' for the global economy.

As Gasoline Prices Rise, Consumer Sentiment Falls

Consumer sentiment unexpectedly fell 1.8 points to 72.7 in January. A Bloomberg survey had forecast an increase to 75. Americans sense that the economy has improved, but they also know rising energy prices are capable of hurting their budgets and businesses'.

How to Cope With Rising Gasoline Prices

The U.S. started 2011 with the highest gas prices ever for January. That doesn't bode well for the coming months, but the sky isn't falling. Here's what you can do about those higher fuel costs, including how to make investments that will profit from them.

BP Station Owners: Surviving a Debacle and Rebounding

During the height of the bad publicity from the BP oil spill, there was much speculation about whether independent gas station owners would ditch the beleaguered oil company's brand. By and large, though, that didn't happen, and in the months since the disaster, business at many BP stations has rebounded.

Gasoline: $3 by Christmas and Worse in Spring?

The U.S. has never had $3-a-gallon gas at Christmastime, reflecting the fact that gas prices typically get lower as the days grow shorter. This year may be quite different, thanks to events from Canada to China. And some analysts think prices will really heat up in spring.

Gas Prices Jump by a Nickel as Oil Rises

The average price of gasoline rose by just over a nickel in the last two weeks, as rising crude prices hit consumers. The average price of self-serve regular gasoline was $2.82 a gallon on Friday, according to the latest Lundberg Survey. That%u2019s 5.23 cents higher than two weeks earlier.

The High Price of New Jersey's Cheap Gasoline Tax

At 10.5 cents per gallon, Jersey has the third-lowest gas tax in America. No governor has dared push to raise it, and Chris Christie isn't about to change that. Problem is: The state's trust fund that uses gas taxes is running dry -- at the worst time.

Amtrak Reports Record Passenger Numbers

Amtrak set an annual ridership record of 28.7 million passengers for the fiscal year ended September 30. That%u2019s 5.7% more than in fiscal 2009. Ticket revenue rose 9% to $1.74 billion, Amtrak said in a statement.

Gas Prices Rise 8 Cents, Fueled by Crude Oil Jump

The average price of regular gasoline jumped 8.23 cents in the last two weeks. The latest Lundberg Survey said that the price of a gallon of regular gasoline is now $2.77, The Associated Press reported.

Penske to Sell Nissan-Made Smart Car

Penske Automotive Group, a chain of car dealerships, reached an agreement with Japan%u2019s Nissan Motor Co. (NSANY) to sell a Nissan-made small car in the U.S. market under the Smart brand name. Penske hopes that adding the Nissan-made car, a four-door hatchback, to the Smart line will boost sales, The Wall Street Journal reported. The company already sells a two-passenger minicar made by Daimler AG.

Why Gas Prices Are Falling in Time for Labor Day

The price per gallon for gasoline is at the second-lowest level in five years, and some economists predict it could drop much further soon. The reason: More-than-ample inventories of crude oil and refined petroleum products.

Winter Prediction: Extra Cold, But with Low Oil Prices

The mid-Atlantic region, hard hit last winter, will catch a break from the weather next time, says the Farmer's Almanac, but much of the rest of the U.S. will be colder than normal, New England in particular. For those who heat their homes with oil, however, lower prices should ease the season.

U.S. Drivers Get a Big Break at the Gas Pump

Gasoline prices fell by just over 7 cents a gallon in the U.S. in the past two weeks, and are likely to stay steady. The Lundberg Survey, carried out on Aug. 27, found the average price of regular self-serve gasoline at $2.70 per gallon - a decrease of 7.54 cents from two weeks earlier, according to CNN.

U.S. Gasoline Prices Rose 4 Cents in Recent Survey

U.S. gasoline prices rose about 4 cents per gallon in the last three weeks, according to the latest price survey. The latest Lundberg Survey, conducted on Friday in 38 markets, shows the average price of self-serve regular was $2.77 per gallon, an increase of about 3.9 cents from the last survey on July 23.

Gas and Autos Pumped Up July's Retail Sales Rise

Investors may get some relief from strong gasoline and auto sales, which helped lift retail overall and should ease some fears of a double-dip recession. Excluding gas and autos, most segments showed good year-over-year gains and small but as-expected month-over-month rises.

Gas Prices Down, Traffic Up for Holiday Weekend

Americans traveling by car this Memorial Day weekend may do a double-take when they look at the gas pump: prices are falling as the summer driving season approaches -- something that rarely occurs in the U.S.

Gas Prices Should Drop as Summer Heats Up

Gasoline prices, which almost always rise during the summer driving season, could fall substantially this year, thanks to the European debt crisis, which has propelled a 20% plunge in crude oil prices in recent weeks.

In This Market, Crude Oil Is as Good as Gold

Oil demand is still soft following the recession, but prices remain high. Why? Investors' use of oil as an alternative investment and a hedge against a declining dollar are as much to blame as OPEC's manipulations.

OPEC's Business Model: Sit Back and Let the Money Flow In

The U.S.'s inability to lower its oil consumption has helped put OPEC in an advantageous position, again. Worse, the U.S. economy remains vulnerable to another quest by OPEC to explore the market's maximum price for oil -- which could tip the U.S. economy into another recession. OPEC, producer of about 40% of the world's oil, is in the catbird seat, once again.