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Gas Price News

Crude trades for around $30 a barrel, but an oil drum will set you back about $99 each.

A price war in Michigan recorded gas prices as low as 47 cents a gallon on Sunday. That said, fuel prices have since returned to more normal levels.

AAA reports that Americans paid an average of $2.40 per gallon of gasoline in 2015, which is 94 cents lower than last year - but not as low as the projections for next year.

Gas prices could stay below $3 a gallon through the end of 2016. But then what?

The national average price for a gallon of gas has dropped below $2.00 in the US, according to AAA, because there's a massive supply of oil in the world market.

Midwestern Drivers Are Getting The Best Deals

Gasoline prices are down about 35 percent in the past year, while diesel prices have plunged almost 50 percent.

With One Month Remaining, Sales On Pace To Top 18 Million In 2015

Cheap credit and cheaper gas prices are continuing to fuel one of the greatest sales runs in automotive history.

The national average price of gasoline this Labor Day weekend will be its lowest at this time of year since 2004, a result of low oil prices and a quiet hurricane season that has allowed refineries to churn out gasoline and diesel.

The price of a barrel of crude oil is at its lowest level for this time of year since 2004. AAA says pump prices should be under $2 per gallon, but that's not the case.

Driving Related Deaths Are On The Rise In 2015

Safer cars don't necessarily make for safer roads as car related fatalities are on the rise in 2015.

Roadway Deaths On Pace For Largest Percentage Increase In 69 Years

The economy is good. The gas prices are low. This is an ideal summer for road-trippers, commuters and motorists of every kind. But the good times come at a high cost.

It seems whatever can be burned to power a car, heat a home or make electricity, or ship people and goods is being sold at bargain basement prices.

The American Automobile Association says that gasoline prices are they lowest they've been for this time of year since 2009, the average price for a gallon of gas was $2.66 on July 31.

So Far, 2015 Is Setting The Record

Low gas prices mean that US drivers put more miles on their cars in 2015 than ever before. 987.8 billion miles in the first four months, to be exact.

Analysts are predicting that this week's historic deal with Iran will cause gas prices to drop dramatically in the coming months.

Oil will be priced well under $100 a barrel for the next decade because of higher supplies, OPEC predicts.

Drivers who have seen a steady rise in the price of gasoline can relax: They will almost certainly be paying far less for gas this summer than they have in at least six years.

Oil industry analysts can't decide how crude prices might change by the end of the year. With a huge inventory already in the stockpile, global demand is going to determine the price.

Researcher Says Dramatic Spike Possible

Americans could pay a high price for cheap gas.

With more money in their pockets thanks to lower gas prices and an improved job market, AAA expects more than 37 million Americans to travel for Memorial Day, the most since 2005.

The transaction prices for fullsize SUVs were up in April, while small cars have been sitting for months on dealership lots.

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