U.S. Crude Oil Inventories Rise to Highest Level Since 1990
Oil prices fell more than 2 percent on Wednesday as U.S. crude oil inventories grew to the highest level since 1990 and weak economic data stoked worries about energy demand.
gasoline prices
Crackdown on Sulfur Could Boost Gas Prices 9 Cents a Gallon
Reducing sulfur in gasoline and tightening emissions standards on cars beginning in 2017, as the Obama administration is proposing, would come with costs as well as rewards.
Can Presidents Change Gas Prices?
A disagreement over gas prices and energy policy produced a heated tit-for-tat argument between Mitt Romney and President Obama at the second presidential debate.
U.S. Gasoline Prices Are Now Cheaper Than a Year Ago
After dropping for most of the month, gas prices are now lower in much of the U.S. than they were a year ago. That hasn't happened in more than two years, and it could be part of a larger decline in gasoline prices that could lift consumer confidence ahead of the summer driving season.
Gasoline Prices Rise for 24th Day
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.
Gas Prices Start Falling After Oil Decline
It looks like consumers are finally starting to see lower prices at the pump, with auto club AAA reporting a modest decline in gas prices this week. The drop comes after crude oil prices have fallen 20% since July. What does this mean for the economy?
Bright Spot of the Market Collapse: Gasoline Prices
If there's one good thing that came out of Thursday's dizzying market slide, it's the fact that consumers could soon feel a little less pain at the pump. Oil futures also fell along with stocks on fears of lower demand. And gasoline prices should soon follow suit.
Western Refining Has Slick Profit Potential
During most of June, Western Refining followed the rest of the market down, dipping as much as 16.5%. However, its shares have since perked up -- and they have much farther to rise. The refiner is in a prime position to take advantage of a wide spread between the price of crude oil and gasoline.
More Gas Saving Ideas: Suggestions From Left Field
We've already shared some ideas from our readers on ways to economize, squeeze extra miles out of your tank, and find surprising discounts. In the final part of this series, we'll take a peek at some of the more unusual methods that you offer for reducing pain at the pump.
Sound Off! How Are You Saving at the Pump?
Once again, gas prices are hitting the stratosphere and, once again, many are dragging out the same old suggestions for saving money at the pump. Have you found any interesting or innovative methods to save money at the gas station? Click inside to give us your feedback.
Three Questions to Ask Before Buying a Home
Today's sluggish housing market has little margin for error: Make an ill-conceived or poorly researched home purchase now, and you'll almost certainly pay the price later. To avoid that, make sure you have the right answers to these three questions before you buy your next home.
Gas Prices Drain U.S. Consumers' Tax-Cut Savings
Americans are earning and spending more, but a lot of the extra money is going down their gas tanks. Gas prices have drained more than half the extra cash Americans are getting this year from a cut in Social Security taxes.
Why Gas Prices Are Quick to Rise, Slow to Fall
As soon as oil prices rise, it takes little time before drivers begin to feel the pain at the pump. But it takes far longer for price decreases to reach consumers. Here's why.
Can U.S. Services Growth Outweigh High Oil Prices?
The U.S. services sector is growing strong, providing additional evidence that the U.S. economy is recovering and might not need more stimulus funding. But that's contingent upon oil staying below $120 per barrel.