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Sub-$3 Gas, We Hardly Knew You
2008-01-01 15:02:00
So much for the national average price of gasoline being able to stay under $3 for an extended period of time. Thanks to another run-up in the price of crude oil, as well as an unexpectedly high decrease in the U.S.’s gasoline inventories, the national average price for a gallon of regular unleaded gasoline has jumped to $3.05, nearly seven cents higher than a week ago. Last year at this time, the gasoline was at $2.32 per gallon. Colorado is reporting the lowest state-wide average gasoline price at $2.80, while Hawaii is reporting the highest state-wide average gasoline price at $3.55. As the price of crude oil began to fall in December (dropping nearly 12% from its peak) there was increased hope that there would be a nearly equal drop in the price of gasoline. Unfortunately, as the price of gasoline began to ease, it’s descent was slowed, and ultimately reversed, by a rebound in crude oil. Unfortunately, we should probably get used to more frequent ebbs and flows in ...

Do The New Fuel Economy Standards Go Far Enough?
2007-12-30 00:00:00
On December 19, the United States Congress passed a new energy bill which, among other things, put the 100 watt incandescent light bulb on death row (they’ll be outlawed by 2012) and increased fuel economy standards for the first time in over two decades. That same day, President Bush signed the bill in ...
More About: Economy , Standards , Fuel , Fuel Economy

Do The New Fuel Economy Standards Go Far Enough?
2007-12-27 00:46:00
On December 19, the United States Congress passed a new energy bill which, among other things, put the 100 watt incandescent light bulb on death row (they’ll be outlawed by 2012) and increased fuel economy standards for the first time in over two decades. That same day, President Bush signed the bill in to law after having it delivered to him in a Toyota Prius hybrid car. While many have hailed the bill as a long over due reform, others have argued that the changes - specifically increasing the fuel economy standard for new cars and trucks to 35 mpg by 2020 - do not go far enough and should have been much more stringent. Not surprisingly, many Daily Fuel Economy Tip visitors fall into the “left wanting more” group. Here’s how readers responded when asked, “Do you feel the Government’s new fuel economy standards are tough enough?”: 42% said, “No, they are inadequate.” 33% said, “They are a good start, but could have been...
More About: Standards , Fuel Economy

A Holiday Miracle: Gasoline Back Under $3
2007-12-24 00:00:00
It looks like gasoline prices, which have fallen under $3 per gallon for the first time in a little over a month and a half, are easing just in time for many Americans to finish up their holiday shopping. Hopefully this price decline will help ease the shock of next month’s credit card ...
More About: Holiday , Miracle , Back , Gasoline , Soli

A Holiday Miracle: Gasoline Back Under $3
2007-12-23 23:21:00
It looks like gasoline prices, which have fallen under $3 per gallon for the first time in a little over a month and a half, are easing just in time for many Americans to finish up their holiday shopping. Hopefully this price decline will help ease the shock of next month’s credit card bills. According to GasBuddy.com, the national average price for a gallon of regular unleaded gasoline now stands at $2.98 per gallon, down about three cents from the prior week and 11 cents from one month ago. Currently, Missouri has the lowest state-wide average price at $2.78 per gallon, while Hawaii is reporting the highest state-wide average price at $3.54 per gallon. Unfortunately, it appears as if $3 gas is the breaking point for most Americans in terms of having their finances affected. According to a recent article on CNN Money, a large percentage of Americans say that when gas is at or above $3 per gallon, the amount of money they spend on discretionary items drops dramatically. Of ...
More About: Holiday , Miracle , Back , Gasoline

Higher Gasoline Prices Bring Significant Economic Concern
2007-12-17 00:00:00
Thanks to a huge jump in gasoline prices, the Department of Labor reported that a key inflationary figure came in much higher than expected, causing many to wonder whether or not the Federal Reserve would be able to continue to cut interest rates to help prop up a slumping economy. According to the Department of ...
More About: Gasoline , Economic , Higher , Prices , Soli

Higher Gasoline Prices Bring Significant Economic Concern
2007-12-15 20:07:00
Thanks to a huge jump in gasoline prices, the Department of Labor reported that a key inflationary figure came in much higher than expected, causing many to wonder whether or not the Federal Reserve would be able to continue to cut interest rates to help prop up a slumping economy. According to the Department of Labor the Consumer Price Index jumped by 0.8 percent during November, which represents the largest jump since Hurricane Katrina. Much of this jump was fueled (no pun intended) by significantly higher energy costs, specifically higher gasoline prices. While it would be nice if the jump in gasoline prices was simply limited to causing us pain at the pump, it doesn’t appear that we’re going to be so lucky. As the price of gasoline rises, it has a very strong trickle down effect into the prices consumers pay for every day items. Whether higher gasoline prices drive up the cost of producing a product or simply the cost to deliver a product, manufacturers and shipper...
More About: Gasoline , Economic , Higher , Prices

Do Gas Stations Break the Bank When Gasoline Prices Rise?
2007-12-13 00:00:00
Over the past three years the United States - and the world for that matter - has seen a sizable jump in the price we pay for each gallon of gasoline. As I type this, the current price of gasoline (right around $3) is about 70% higher than what we were paying three ...
More About: Break , Gasoline , Bank , Rise , Prices

Will 2008 be Known for $4 Gasoline?
2007-12-06 00:00:00
Despite the recent decline of the price of crude oil futures (from $99 a little over a week ago to today’s closing price of $88.32) and a slight dip in the national average gasoline price (from $3.10 a week ago to $3.04 today) it appears that many of us believe gasoline prices will only ...
More About: Gasoline , 2008 , Soli

How Will High Gas Prices Affect Your Holiday Spending?
2007-11-27 00:00:00
As I’m sure you’re well aware, gasoline prices have been unusually high for this time of year and have been sitting near record highs for the past two weeks. On top of that, prices have yet to show signs of easing any time soon. While this would usually be an inconvenience (see the past ...
More About: Holiday , Gas Prices , Spending , High , Prices

Gas Prices up in Time For Busy Travel Season
2007-11-20 00:00:00
Here we are less than two days away from the beginning of the busiest holiday traveling period, and gasoline prices are just shy of the record highs set back in May. Good thing turkey comes with its own natural sedative, because for many of us this is going to be a painfully expensive ...
More About: Travel , Time , Season , Gas Prices , Busy

Have High Gasoline Prices Affected You Yet?
2007-11-16 00:00:00
By now it’s certainly old news to hear about gasoline prices above the $3 mark. We’ve gone above $3 the past three summers and have finally eclipsed the $3 during the fall a little over a week ago. There’s even serious talk about gas prices hitting $4 before we get into April ...
More About: Gasoline , High , Prices , Soli

Gas Back Above $3 - In November
2007-11-08 00:00:00
$3 gas is here. Again. While this is usually a problem in and of itself, the fact that the national average price for a gallon of regular unleaded gasoline has crept above $3 in November should be enough to give the United States some pretty big concerns about the likelihood that the days of ...
More About: Back

The Top 10 Ways to Reduce Your Gasoline Consumption
2007-10-25 00:00:00
Unfortunately, this year it looks like we’re not going to be able to count on a nice drop in gasoline prices during the fall and winter. With crude oil futures sitting at $90 a barrel and demand for both oil and gasoline going nowhere but up, it looks as if gasoline may test ...
More About: Gasoline , Reduce , Consumption , Soli

Have Sustained High Gas Prices Changed Your Driving?
2007-10-19 00:00:00
Remember the last time the price of a gallon of gasoline was under $2.50 a gallon? While it may seem like it’s been forever, if you go by the national average price the date was March 3, 2007, which, from the date of this posting was exactly 229 days ago. After years paying less than ...
More About: Driving , Gas Prices , High , Chang , Chan

What’s Going to Replace Gasoline?
2007-10-11 00:00:00
I think by now everyone is well aware of the fact that we’re past due to begin serious research into finding which of the new alternative fuels will be the best option to replace gasoline as the major source of energy for our vehicles. Whether it’s due to environmental factors like pollution and global warming ...
More About: Gasoline , Going , Goin , Soli

Gas Prices Show Unwillingness to Fall
2007-10-11 00:00:00
Time for those “Chicken Little” $4 gas predictions. I know it’s a little bit early this year, but just hear me out. After a meteoric rise in gasoline prices this past spring sparked fears that we would finally see $4 per gallon gas prices, gas prices peaked in the middle of May at about $3.25 ...
More About: Show , Gas Prices , Fall , Prices

Is $100 Oil Right Around the Corner?
2007-10-11 00:00:00
Thanks to the growing world economy, the demand for crude oil has jumped significantly over the last several years.  Because the growth of supply hasn’t increased at the same pace (some would argue output has actually decreased) we’ve seen oil jump from the low $20s five years ago to over $80 per barrel as of ...
More About: Corner , The Corner

Climate Change Bill Proposes 50 Cent Fuel Tax
2007-10-04 00:00:00
It looks like the days of “cheap” gasoline are finally over. I’m sure you’re probably sitting there rolling your eyes and saying to yourself, “$2.80 gasoline isn’t cheap.”  Comparing today’s prices to historical U.S. prices, yes, you’re right.  However, when you compare the price we pay here in the U.S. against what people in other “developed” ...
More About: Climate Change , Climate , Change , Fuel , Cent

Apparently Hybrids Can’t Make Everyone Happy
2007-10-04 00:00:00
Over the last couple of years it’s been pretty tough to find anyone with anything bad to say about hybrid cars. Thanks to their high gas mileage, many people have gone so far as to bill these cars as environmental saviors. But now it appears that there’s a group of people that have come up ...
More About: Hybrids , Happy , Make , Parent , Pare

Oil Companies Buy Back Stocks - Why You Should Be Angry
2007-10-01 00:00:00
The other day Chevron announced that they were planning to buy back nearly $15 billion worth of their stock, a move which is great for current stock holders. For those of you who are unaware, a stock buy back program essentially drives the price of a company’s stock higher due to the fact ...
More About: Companies , Stocks , Back , Angry

How Much do You Spend on Gas Each Month?
2007-09-25 00:00:00
Over the last couple of years, many of us have had to spend more and more of our hard earned money in order to fill up our car’s gas tank. Even if we were smart enough to have purchased a fuel efficient vehicle, we’re still going to feel a pinch at the pump. So, ...
More About: Month , Mont

What’s the Biggest Factor in Choosing a Car?
2007-09-17 00:00:00
Aside from buying a house (which, right now may not be the best idea), purchasing a car is probably one of the biggest “investments” that you’re going to make during your life. Whether it’s your dream car or just something reliable to get you from point A to point B, more than likely ...
More About: Factor , Actor

President Bush and Gasoline Prices
2007-09-11 00:00:00
The other morning on my way to work, I was flipping through some radio stations when I heard one morning DJ talking about how low gas prices were before President Bush took office in 2001 and how high they had become since. Because I have a natural distrust for most morning radio personalities (I think ...
More About: President Bush , Gasoline , Resident

Only Two States Remain Above $3 Per Gallon
2007-08-29 00:00:00
Thanks to the extended decline in the price of gasoline, there are now only two states, North Dakota ($3.05) and Hawaii ($3.34), that have a state-wide average gas price above $3 per gallon. New Jersey is reporting the country’s lowest state-wide average gas price at roughly $2.50 per gallon. According to GasBuddy.com, the national ...
More About: States , Gallo , Allo

What’s a Hybrid Car Worth to You?
2007-08-14 00:00:00
Due to the relatively large spike in gasoline costs over the past several of years, as well as the growing force behind the environmental movement, hybrid cars have skyrocketed in both popularity and availability. It seems that most major automakers either have several hybrid models available (or in the works), ad when these ...
More About: Hybrid , Worth , Hybrid car , Wort

Gas Prices Hit Lowest Price in Four Months
2007-08-12 00:00:00
Despite the recent run up in the price of oil (yes, I know it’s eased a bit over the last couple of days), the national average price for a gallon of regular unleaded gasoline has continued to fall, and now sits at a four month low. According to Gasbuddy.com, the nation’s average gas price now ...
More About: Gas Prices , Price , Lowe , Months , Month

How Refineries Are Creating Quite a Catch-22
2007-08-06 00:00:00
In case you haven’t been following the market lately, or haven’t been paying too much attention to the news, the price of a barrel of crude oil hit a record high of $78.77 on August 1. The primary driver behind the price of oil hitting a record high was the news that the ...
More About: Creating , Catch 22 , Catch , Eating , Erie

Why We Like Driving Solo
2007-08-02 00:00:00
Picture your typical afternoon commute.  If it’s anything like what most of suburbia has to deal with, you’re probably visualizing being stuck on a major highway, surrounded by slow moving vehicles being piloted by angry looking drivers. Now - look a little closer at this picture in your head.  Are most of the cars that ...
More About: Driving , Solo , Ving

Gas Prices Keep Falling
2007-07-30 00:00:00
So much for all of those gloom and doom “the sky is falling and gas will be $4 by the end of the summer” predictions (including several that I published on this site). According to GasBuddy.com, the national average gas price for a gallon of regular unleaded gasoline is now at roughly $2.88 per gallon ...
More About: Gas Prices , Fall , Prices