gasoline
The drop in gasoline prices has begun to accelerate, with the cost of a regular gallon declining almost 10 cents in the last month. At this rate, could prices drop below $3.50 in mid-September, after the end of the Labor Day driving season?
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?
Gas Saving Suggestions: Some Ideas From Left Field
6:30AM 5/19/2011
Energy, Technology, Economy, Investing, Exxon Mobil, Autos, Chevron
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.
It happens like clockwork with every oil price shock -- drivers search for a wonder engine additive that will help their gas mileage. But can any of the engine additives currently on the market substantially increase gas mileage?
With U.S. gas prices near historic highs, Americans are anxious about the cost of filling up. But we still feel far less pain at the pump than drivers in many other developed nations. On the flip side, if you drive in the right world cities, you can still pay less than $1 a gallon.
Gas Prices Drain U.S. Consumers' Tax-Cut Savings
9:00PM 3/28/2011
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 Rise Quickly but Fall Slowly
11:00AM 3/18/2011
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.
Gas Prices Surge Again, Renewing Talk of a Double-Dip Recession
6:45AM 3/07/2011
A gallon of regular gas climbed to $3.503 on Sunday -- nearly 38 cents higher than a month ago and up 15 cents in a week, renewing talk of a double-dip recession.
Oil prices fell below $97 per barrel Monday -- from more than $100 a few days ago -- on reports that Libya's still exporting oil. But gasoline prices continued to rise, jumping 8 cents over the weekend.
Natural Gas: A Cure for America's Crazy Oil Addiction
1:00PM 2/24/2011
Events in the Mideast have, once again, revealed the U.S. economy's vulnerability to an oil shock. Now more than ever, the nation must reduce its consumption of oil, especially from abroad, and become energy self-sufficient. And the way to do it is with our abundant domestic sources of natural gas.
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