Gas Prices

OPEC Says Production To Remain Steady; Gas Prices Too?
OPEC Says Production To Remain Steady; Gas Prices Too?

There’s bad news this morning for drivers awaiting cheaper gas: the Organization of Petroleum Exporting Countries (OPEC) has reached a decision to maintain current output levels, not increase them as had been hoped. Saudi Arabia and its Gulf neighbors had pushed for increased output, largely...Read More»

Dan Akerson
Gas Tax: Should We Pay $1 More? #YouTellUs

Gas taxes are a sore subject this week, whether you're the president of the United States or the CEO of GM. The economy is staggering, and gas prices are fluctuating near $4 a gallon. And still, this past week, GM CEO Dan Akerson said he thinks we should raise the gas tax so people will buy more...Read More»

Dan Akerson, GM CEO as of September 1, 2010
Blunt-Talking GM CEO Akerson Calls For Higher Gas Taxes

When GM CEO Dan Akerson told the Detroit News last week that the federal gas tax on vehicles should be raised as much as $1 per gallon to encourage consumers to buy more fuel-efficient vehicles, it was not just what he said but how he said it that made news. It’s been a while since the auto...Read More»

Dan Akerson, GM CEO as of September 1, 2010
GM CEO Akerson: Raise Taxes On Gasoline

General Motors CEO Dan Akerson would like to see a federal gas tax of as much as $1.00 per gallon, as it would drive consumers to purchase more fuel efficient vehicles. Akerson believes that such a move would be more effective than raising corporate average fuel economy standards, as the government...Read More»

T. Boone Pickens with President Barack Obama
Mississippi’s Barbour Accuses Obama Of Inflating Gas Prices

Back in January 2009, when President Obama was sworn in, the price of gas wasn't much over $2 a gallon. Now, the national average is around the $4 mark (though settling gradually downward). But are gas prices higher because of the Obama administration? That's what Republican Mississippi Governor...Read More»

Traffic
Memorial Day Weekend Travel Won't Be Damped By Gas Prices

Gas prices may still be near their peaks of $4 a gallon--or higher in the usual states--but Memorial Day road tripping won't be down as a result, says the AAA. The travel organization says its best estimates put 34.9 million of us in transit over the holiday weekend, which it defines as starting...Read More»

Gas pump
Better Gas Mileage: Ten Easy Tips For Big Savings

While gas prices are on their way down, there's not a whole lot of relief yet—at least not in time for the busy Memorial Day holiday travel weekend. According to a study from the AAA, gas prices will impact about four out of ten holiday travelers. But it doesn't have to pinch your wallet as...Read More»

Road Trip
Memorial Day Gas Prices: Down Somewhat, But Still Affecting Travel

Gas prices could fall another ten cents or more in the next week, but experts anticipate that budget-strapped households are going to be cautious about Memorial Day Weekend travel this year. According to AAA, in an analysis and travel forecast conducted with IHS Global Insight, about 34.9 million...Read More»

Traffic
Study: Realtors Confirm Gas Prices Are Changing U.S. Housing Demand

The word is already out that Americans would probably be healthier (and probably a lot happier) if we had shorter daily commutes. Now it seems that the cost pressure of rising gas prices could be forcing us to do just that—rethink where we're living. If a new survey of real-estate...Read More»

Barack Obama
Who Will Lower Gas Prices Faster: Obama Or GOP? #YouTellUs

We've heard that gas prices won't fall this summer, but at this point, they are clearly falling. Are we in a game of who's on first and what's on second? It almost feels like that's the situation we're in at this point. People keep turning to different places seeking lower fuel prices. But in the...Read More»

Gas pump
Gas Prices Going Down, But They've Changed Our Lifestyle

Gas prices might no longer be on the way up—at least for a little while—but it appears that this time, surging pump prices, combined with the persisting economic conditions, have meant that U.S. families are feeling it more sorely than before. A new Gallup Poll found that Americans are...Read More»

Gas pump
What's The Highest Gas Price You've Seen This Year? #YouTellUs

It's no secret that gas prices are hurting everyone's wallet, and with no end in sight, it could be a long summer. But just what is the highest gas price out there? Yesterday a gas station in LA accidentally sold gas for $1.10 a gallon for four hours. Word spread quickly, and cars started lining up...Read More»

Gas pump
Most Americans Support 60 MPG Standard By 2025: Report

Findings from a national survey of 2,000 representative Americans by the Consumer Federation of America (CFA), reveal that a “very large majority” (85 percent) are concerned about gas prices, 87 percent believe it’s important to reduce oil consumption and 85 percent say it’s...Read More»

Strait of Hormuz, between Iran and U.A.E., as shown on Google Maps
Pricing Gaffe Gives L.A. Drivers $1.10 Per Gallon Gas

Aside from the opening of the first In-N-Out Burger franchise in Texas, few things can cause a sudden line of traffic quite like a gas station selling fuel for $1.10 per gallon. That’s exactly what happened at a Valero station in Los Angeles’ Wilmington neighborhood, when an unspecified...Read More»

Gas pump
Murphy USA Offers Gas Discounts On Foursquare (But Customers Seem Confused)

Gas prices in the U.S. hit the $4 mark earlier this week, and Murphy USA is hoping to ease the burden on drivers by offering discounts on Foursquare. Judging from comments on Facebook and Twitter, though, we're not so sure that customers are pleased. The offer was announced yesterday on Murphy's...Read More»

Gas pump
Gas Prices Now Average $4 A Gallon

Gas prices have reached an average of $4 a gallon nationwide, according to the Lundberg Survey, which takes a biweekly reading on fuel costs across the country. Trilby Lundberg, the editor of the survey, says the average rose to $4 a gallon on May 6, an increase of about 12 cents from the previous...Read More»

Gas pump
High Gas Prices: Signs Of Some Summer Relief At The Pump

Take a look at your local gas station's sign this weekend, and you might—you just might—see something you haven't seen in many months: the price going down a penny or two. Largely because of this week's end of a sustained period of crude-oil speculation, it could be the start of a...Read More»

2010 Jaguar C-X75 Concept
Today's Car News from High Gear Media: May 6, 2011

Could gas prices fall this summer? Oil prices have dropped below $100 a barrel, but if you're waiting on a big price crash, don't count on it. [GreenCarReports] If you're looking for a great family car with great gas mileage, look no further. Well, look a little further at the link...Read More»

2011 Acura TL
Gas Prices: One More Issue Car Dealers Don’t Need

April car sales figures will be released later this week. Until then, I thought I would check with friends in the industry to see how things were doing locally. “Sales of smaller vehicles in all categories is the new normal,” said one friend who works for a major car dealer. We were...Read More»