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gas price

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    Study: US families spent an average of nearly $3,000 on fuel last year
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    Does it feel like more of your paycheck is going to pay to fuel up your vehicle? According to the US Energy Information Administration, it is. Last year, the average US household paid $2,912 for gasoline, which represents almost four percent of the average household annual income. The government ...

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    AP looks into what factors determine gas prices
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    With summer just a few precious months away, most Americans are already bracing for some of the steepest fuel prices in years. According to the Associated Press, unrest in places like Libya has seen the average price tag on a gallon of gasoline rocket skyward by 38 cents per gallon, or around 15 ...

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    API: June demand for gasoline at lowest level in six years
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    According to the American Petroleum Institute's (API) Monthly Statistical Report, U.S. gasoline deliveries for the first half of 2010 averaged 8.88 million barrels per day, 0.6 percent lower than the corresponding period a year ago. Though the drop in demand is minuscule, it does provide us with an ...

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    Gassed Up: Exxon Mobil posts record $45.2 billion profit in 2008
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    Another year, another record profit statement from Exxon Mobil, the world's largest publicly traded oil company. The specific mind-numbingly large figure is $45.2 billion, which translates to $8.69 per share. While this figure handily beats the previous record of $40.6 billion that had been set by ...

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    Ward's columnist wonders if Americans can handle the truth about gas taxes
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    var digg_url = 'http://digg.com/autos/Can_You_Handle_the_Truth_About_High_Gas_Taxes'; People have always had something of an aversion to hard truths. Most Americans say they want their country to get off foreign oil or help the environment, but when it comes to the bottom line, they want cheap ...

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    Cheap Gas = Trucks to outsell cars again this month
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    It's the same old story, people say one thing, yet do another. The price of fuel has fallen to the point that it's no longer financially ruinous to fill the tank on a full-size pickup, so looks like truck sales will eclipse cars in December. Despite the public's rhetoric about smaller and more fuel ...

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    German man burns BMW in protest of high gas prices
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    If you think that gas prices are high in the U.S., consider that the average price for a gallon of gas in Germany is $9.40. Yikes. Since the record high prices in the States are causing some people to change their lifestyles, imagine how Europeans feel. Bet they're pretty upset, right? One man was ...

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    How to keep your land barge and still drive green(ish)
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    These days it seems more common to overhear comments about a particular car's appalling fuel economy than idle chatter about the weather, which makes sense when a gallon of gas costs as much as a cheap umbrella. For instance, just the other day there was some guy going on about how his car was ...

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    Cheap cars in India = expensive gas in the States
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    click above to view more images of the Tata NanoA report at CNN kinda states the obvious, that if the $2,500 Tata Nano proves as popular in India as most people think it will be, there will be a huge increase in demand for gasoline there. And if worldwide demand for oil goes up, the price of ...

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    High gas prices inflate nitrogen-in-tires debate. Again.
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    The picture at right nicely captures the sales message at many service centers. But will you get better gas mileage if you inflate your car's tires with nitrogen instead of compressed air? That's one of the claims of advocates of nitrogen inflation systems, like N2Revolution, and auto service ...

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    Ten states to file suit for tougher CAFE rules
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    The New York Times reports that California, New York and eight other states plan to file a suit to force the Bush administration to impose tougher CAFE rules on SUVs, trucks and minivans. The suit claims the federal government's analysis of the environmental impact of the new fuel economy ...

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    High gas prices crippling European growth
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    Or so says Andris Piebalgs, the European Union’s energy commissioner. Gas prices in Europe are currently at the equivalent of $6.62/gallon, more than twice the average price of a gallon of go-juice in the U.S. Imagine paying $72.82 to fill your 11-gallon gas tank, or how about $125 to fill ...

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    Hybrid sales inelastic despite surging gas prices
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    Despite a conspicuous rise in gas prices over the last three months, the demand for hybrids isn't budging. According to analysts cited in a new Reuters article, consumers aren't being swayed by increases in fuel economy, available tax credits and in some areas, high-occupancy vehicle (HOV) lane ...

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    Gas prices a threat to GM turnaround?
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    To all General Motors executives and news reporters proclaiming the company's new SUVs a rousing success, hold your horses-- at least through the summer. The new GMT900 siblings may be fine vehicles, but gas prices are back up and consumers are starting to feel the pinch again. While ...

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