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Here's a welcome holiday present for motorists - gas prices may fall below $3 a gallon before year's end, with some 35 states already reporting at least one station with prices below the mark, according to a report from CNBC. That's a big drop from the current $3.25/gal national average, and it could expand.

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US gas prices are expected to fall over the next couple of years as fuel consumption levels off, indicating that vehicle fuel-economy gains may have positive long-term effect on everyone's wallets.

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"Frankenstorm" could cause some pain at the pump

As Hurricane Sandy -- also known as the "Frankenstorm" -- closes in on the eastern coast of the United States, drivers should begin preparing for an increase in the price of gasoline.

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It has always been the habit of the party that doesn't occupy the White House to blame various ills on the party that does. Especially in the past few years when it has come to gas prices, the party-in-waiting has blamed the POTUS for "pain at the pump." We're not taking sides here – Republicans are doing it to Obama now, just like Democrats did it to Bush. Unfortunately for their arguments, the President has about as much control over the price of oil as he does over the price of bread; i

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It has always been the habit of the party that doesn't occupy the White House to blame various ills on the party that does. Especially in the past few years when it has come to gas prices, the party-in-waiting has blamed the POTUS for "pain at the pump." We're not taking sides here – Republicans are doing it to Obama now, just like Democrats did it to Bush. Unfortunately for their arguments, the President has about as much control over the price of oil as he does over the price of bread; i

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This is a particularly busy time for studies trying to understand the impact of green vehicles. Here's a quick round-up:

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You may already know the story of the ant and the grasshopper. While the summertime of low gas prices reigned, grasshoppers went out and bought SUVs, convinced that the warm season was here to stay. They laughed at ants in their hybrids and on their bicycles. "Silly ants", they said, "However do they manage to drive all their kids to school or haul their boats?" Eventually the days got shorter and the warm breeze that blew as soft as a Gas Co. jingle turned into a cold draft that seemed to suck

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The price of gas is getting out of hand everywhere. Ok, maybe not Venezuela, where its cheaper than our bottled water at ¢15 a gallon, but almost everywhere else, it's expensive. In the Philippines its so costly ($4.50 gallon in a country where, according to the Philippine National Statistics Office, the average household income is about $4,000 USD a year) that the Philippine National Police (PNP) has started testing neighborhood electric vehicles (NEV) with the goal of putting them into re

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Machines are only as smart as their creators, which doesn't say much about gas pump manufacturers in the mid-1990s. A report from Washington reveals that at least 12 gas stations in the state are using pumps not 13 years old that are unable to display and calculate a price of gas higher than $3.99 9/10 per gallon. These pumps were produced before everything went digital and you could simply slide your AmEx into the little slot to pay for your premium petrol. They use a mechanical computer with g

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In 1995, way back in the days of print, I was doing research for the 100th anniversary of a magazine called Automotive Industries. It actually started out in 1895 as a magazine called The Horseless Age, a much more romantic name for a publication, don't you think? It was fascinating to go through all of the back issues and watch how the auto industry evolved literally each time I turned a page.

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You've heard this point before, but despite the price of gas being at record levels, adjusted for inflation, it's still not the most expensive we've ever paid for dead-dino juice in the U.S. The Auto Prophet, one of the original auto-related bloggers that's still keepin' it real, found this informative chart (see larger version here) from InflationData.com that illustrates this fact in a straightforward way. The black line is the actual average price of gasoline in the U.S. since 1918, while the

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We resist writing posts on how expensive gas is nowadays because if we made it a habit, that's all we'd write. Every once in a while, however, there's a news story about gas prices that we can't ignore. This past week, the national average price of gas beat the previous record set in the first week of September 2005, the week following Hurricane Katrina's devastating landfall. The national average price of gas peaked at $3.11 that week. Since last January, however, the national average has been

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