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AddWith Chevy Silverado, GM promotes low cost-of-ownership instead of high MPG

General Motors has a couple of problems to deal with: a glut of pickups on dealer lots and the inability to claim best-in-class fuel economy for its usually strong-selling Chevrolet Silverado pickup. In light of the situation, GM's marketing message has transmuted into something else: "hey, at least they're cheap to own."

AddEIA: 2012 monthly average shows U.S. using less gas than at any time since 2007

124,000 barrels of oil a day sure sounds like a lot, doesn't it?

Add2011 U.S. demand for gasoline below 2010 level for 29th consecutive week

U.S. gasoline consumption declined 2.5 percent last week, compared to the same time frame in 2010, with motorist buying only (?) 8.79 million barrels a day during the week ending October 7, according to data collected by MasterCard. That's down from 9.01 million barrels a day back in October of 2010 and a bit below the 8.82-million-barrel mark set in late September.

AddBarron's says oil likely to hit $150 a barrel next spring, gas $4.50 a gallon

In early May of 2011, the national average price of gasoline in the United States hit exactly $4 a gallon before falling to the current level of $3.56. However, if predictions from Barron's hold true, then prices will shoot back up in early 2012, hitting $4.50 by next spring.

AddGas prices not scaring car buyers as much this time around

With gasoline prices soaring this year, one might assume, justifiably, that hybrid and fuel-efficient small vehicle demand must also be on the rise, mimicking the market situation in 2008. However, history may not be repeating itself this time around. AutoPacific President George Peterson says, based on a study by the consulting group, that "small car and hybrid consideration is not tracking anywhere near the rate of the price of fuel as it did in 2008." Of the 68,000 people surveyed, only 21 pe

AddReport: Prices of fuel-efficient used vehicles have peaked

As gasoline prices start to dip, so too are the values of fuel-efficient used vehicles. According to Kelley Blue Book, prices on fuel-sipping used autos increased by roughly 25 percent throughout the first 20 weeks of 2011, but that, "values for fuel-efficient used vehicles have now peaked." If you're out shopping for new used wheels, KBB has good news for you in that prices for used compact, subcompact and hybrid vehicles have "started to decline." Some KBB analysts even see these values dippin

AddUps and downs of unpredictable gas prices defy logic

Surprisingly, gas prices dropped prior to Memorial Day weekend and have seemed to defy logic throughout much of the first half of 2011. Luckily, pump prices have dipped below their 2011 peak of $4, down to a nationwide average of approximately $3.80. However, analysts warn that we're not out of the woods just yet.

119It's Official: National average gas price hits $4

The national average price of gasoline has hit exactly $4 a gallon, approximately a dime below its all-time high. According to a Lundberg Survey of fueling stations released on Sunday, pump prices rose 12 cents over the past two weeks. On July 7, 2008, the national average price of gas soared to $4.114 a gallon, a record-setting high, according to data from the U.S. Department of Energy.

AddIt's official: National average gas price hits $4

The national average price of gasoline has hit exactly $4 a gallon, approximately a dime below its all-time high. According to a Lundberg Survey of fueling stations released on Sunday, pump prices rose 12 cents over the past two weeks. On July 7, 2008, the national average price of gas soared to $4.114 a gallon, a record-setting high, according to data from the U.S. Department of Energy.

AddRFA says ethanol saved Americans 89 cents at the pump in 2010

In early May, Iowa State University and the University of Wisconsin released a study indicating that in 2010, the blending of ethanol with gasoline reduced pump prices by an average of $0.89 per gallon. This is a $0.25 increase in savings thanks to the extra ethanol produced last year. In addition, the study, sponsored by the Renewable Fuels Association (RFA), found that in 2010 alone, ethanol reduced the average American household's gasoline bill by more than $800. RFA president, Bob Dinneen, w

AddRising gas prices hike up hybrid, diesel, subcompact vehicle sales in first quarter of 2011

U.S. sales of hybrid, diesel and subcompact vehicles outpaced the automotive industry's overall growth in the first quarter of 2011, according to a report released by Baum and Associates, a firm that specializes in forecasting and market research related to the auto industry. Sales of hybrid vehicles soared upwards by 33.9 percent in the first quarter of 2011, compared to the same period in 2010. Likewise, sales of diesel-engined vehicles shot up by 42.9 percent and sales of subcompact cars rose

AddWTF? Gas prices around the world range from $11 to 12 cents a gallon

Here's a frightening number (to anyone without a plug-in car, anyway): the average cost of 50 liters of gasoline reached €75 this month. As you can probably tell from the metric system usage there, we're not talking about fuel prices in the U.S. Instead, this is the situation in France, where the cost is expected to jump to €2 a liter soon. According to Autoblog France, the CEO of Total, Christophe de Margerie, said there is "no doubt" that €2 fuel is coming soon, adding that "Hop

AddStudy: $5/gallon gas could overload public transit system in U.S.

Recently, the American Public Transportation Association (APTA) predicted that rising gasoline prices could lead to a savings of $14,376 for commuters in New York City who choose to switch from personal to public transportation. However, keeping that amount of coin in one's bank account may not be as simple as it first seems.

AddNADA says $4.50 gas is tipping point in U.S. (well, duh!)

Do you remember 2008, when the cost of gas in the U.S. jumped to levels people just weren't ready for? When gas prices soared to $3.50 an above that year, we saw the U.S. public panic, and some changed their car-buying habits (for a while, at least).

AddReport: Gas prices in Finland to soar above $9 per gallon

Us Americans typically complain when gasoline prices begin to rise, but at the current U.S. average of $3.09 per gallon, fuel here is a raging bargain. At least, it is if you compare to what drivers pay over in Finland. Even though some reports suggest gas will go over $5 a gallon in the U.S. in 2012, a liter of E10 gasoline over in Finland is expected to soar to 1.80 euros by the end of the upcoming summer. What does that mean in U.S. measurements? About $9.13 per gallon. Yeah.

AddRising gas prices fail to spark sales of compact cars

2010 Toyota Prius – Click above for high-res image gallery

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