The national average for a gallon of gasoline dropped to $1.99, AAA announced Tuesday. It's the first time in four years that average prices for gas fell below $2 due to two global problems. The global coronavirus pandemic has suppressed oil demand and a crude oil price war between Saudi Arabia and...Read More»
Americans consider fuel prices more important than their health care budget, results of a new study from GasBuddy revealed Tuesday. In fact, Americans would prefer a free fill-up to finding $20 on the street, or even having their meal paid for. The study looked at a small sample of 1,016 Americans...Read More»
President Donald Trump is expected Tuesday to lift a longstanding summer ban on gasoline that contains higher amounts of corn-based ethanol. The move would legalize E15 gasoline year-round, according to multiple reports. A senior White House official told Reuters that Trump will make the...Read More»
The average cost for a gallon of gasoline in the U.S. during the July 4 holiday week will be $2.86, according to AAA. That's the highest it's been in four years during the Independence Day holiday, which will mean more pain at the pump for roughly 40 million Americans traveling this week...Read More»
Robert O’Hair and his wife Darnelle had a few must-have features on their new-car shopping list. “Hybrid powertrain” was nowhere to be found. In that, the O’Hairs aren’t alone. The pair had just purchased a farm in rural Colorado, almost an hour northeast of Denver...Read More»
No doubt about it: 2016 has been the Year of WTF. The latest proof comes in the form of an announcement from the Environmental Protection Agency that it plans to maintain its current auto emissions goals for 2025. That wasn't what most observers expected. Then again, there may be more to this than...Read More»
New presidents bring new advisors, new staff, and of course, a host of new policies and priorities. That's true even if the new guy and the old guy belong to the same political party; when they come from different parties, as Trump and Obama do, the changes can be much more dramatic. ALSO SEE: 2018...Read More»
Tired of hearing about the U.S. presidential election? We bear tidings of great joy: 1. It'll all be over next Tuesday (hopefully). 2. Today is Halloween, which means candy, trick-or-treaters, and other spooky distractions from 24 hours' worth of contentious headlines. 3. According to many...Read More»
If you're like most car-owners, you're of two minds when it comes to gasoline. Obviously, part of you is happy about today's low fuel costs. However, another part of you--perhaps the pessimistic part--wonders why gas is so cheap these days. Consciously or subconsciously, you're waiting for the...Read More»
Despite today's low fuel prices, the cost of gas is still a concern for most motorists. Many are drawn to less expensive fuel available at convenience stores and supermarkets, but will the money they save today cost them big bucks down the line? According to AAA, the answer could be "yes". AAA...Read More»
As 2015 comes to an end, Americans are living large on low gas prices. U.S. average pump prices for regular-grade gasoline closed the last week of the year at just $2.03—up a fraction of a penny versus the previous week, yet at nearly a ten-year low. For all fuel grades, according to the U.S...Read More»
The Organization of the Petroleum Exporting Countries (OPEC) has issued its annual World Oil Outlook report, and to absolutely no one's surprise, it's pretty optimistic about the future of fossil fuels. Among OPEC's big predictions: 1. By the year 2040, 94 percent of vehicles that roam the world's...Read More»
Earlier, we discussed today's low gas prices and how many indicators suggest that they could fall further in the future. To anyone with a car, that probably sounds like good news, but as the folks at Forbes point out, there's a potential downside to cheap gas: higher insurance rates. ALSO SEE: 2016...Read More»
Across America, the average price for a gallon of regular unleaded gasoline now hovers around $2.01 -- and as AAA reports, it's poised to dip even lower. Motorists haven't paid this little for gas since 2009. How much lower will prices go? That depends on a few factors. Those keeping it cheap...Read More»
These days, everything can be insured: cars, homes, our health, our pets, various body parts. But would you pay insurance for gas? A Houston-based start-up called LoveMyGasPrice hopes that the answer is "yes". The premise is pretty simple: You agree to pay LoveMyGasPrice $3.99 per month. In doing...Read More»
As we mentioned yesterday, fuel prices have tumbled in recent months, but never fear: they're already on the way back up. According to a poll conducted by the Consumer Federation of America, a consumer advocacy group, most Americans think that gas prices will keep on climbing for the next several...Read More»
If you've been to a gas station in recent weeks, you know that fuel prices are low -- crazy low. That seems like a good thing, but is it? Yes and no. ALSO SEE: 2015 Nissan Murano: First Drive According to AAA, today's price for a gallon of unleaded regular averages $2.67. In some parts of the...Read More»
If you’re heading out for a long drive this holiday weekend, you might find thanks in seeing family and friends—and in seeing that you’re spending a lot less on gasoline this year. The price of gas has plunged. Retail prices for gasoline are nearing a four-year low, with no sign...Read More»
There's conflict in the Iraq and other oil-producing regions. At the same time, U.S. demand for crude oil is at record highs. That sounds like fuel for a run-up in gas prices. Yet they've been almost eerily stable; they're even falling somewhat in most places, and they've been on a downward trend...Read More»
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