pump prices

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.

It May Be Time to Get Used to Costly Gas Prices

And that means it may be time for owners of gas-thirsty SUVs and cars to start considering the switch so many Americans are loath to make: to a far more fuel-efficient vehicle. Looking out over the next several years, it's hard to see oil -- and gasoline -- falling back to earlier lows.

Leaping Gas Prices Have Drivers Hitting the Brakes

As pump prices shoot higher each day, signs of motorists rationing gas purchases have begun springing up around the country. People are buying fewer gallons per fill up and paying more in cash than with credit. Clearly, motorists are already cutting back.