Gas Prices
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Electric cars still cost significantly more to buy than gasoline-powered vehicles of the same size and capabilities. But cars that plug in are almost always cheaper to run per mile, often by a significant multiple. A study released Thursday has quantified those differences, comparing the cost-per-mile of gasoline versus electricity in different states. DON'T MISS: Buyers still think used electric cars cost more than gas cars; they're wrong Using state-by-state electricity-cost data from October and gas prices from late December, Michael Sivak and Brandon Schoettle at the University of...
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Gas prices primed to rise in 2018, highest in four years: report
As Americans collectively sigh at their credit-card bills from the holiday season, GasBuddy has some bad news that won't help ease the financial pain. The fuel price-tracking website predicts the cost of a gallon of fuel will rise by $0.19 per gallon in 2018, on average, to the highest level gas...
Mark Stevenson -
Could California climate-change rules raise gas price enough to backfire?
California has by far the most aggressive climate-change policies in the nation, and the state is a global leader in plans to reduce carbon-dioxide emissions. It's also the world's eighth-largest economy, with a growing population, soaring economic output, and a resolutely progressive legislature...
John Voelcker -
Gas has to cost $3 a gallon before it affects vehicle choice, study says
Continuing low gas prices are often blamed for the current popularity of crossover utilities and SUVs, along with any sales struggles green cars may experience. But would a sudden increase in gas prices cause shoppers to flock to more fuel-efficient vehicles? If so, how high would gas prices have...
Stephen Edelstein -
U.S., China peer-reviewed reports lay out huge subsidies for fossil fuels
The U.S. and China published the results of a reciprocal peer review on their fossil-fuel subsidies.
Stephen Edelstein -
Southeast gasoline drivers to get range anxiety after pipeline rupture?
A pipeline rupture in Alabama is causing gasoline shortages.
Stephen Edelstein -
U.S. drivers logged a record number of miles in the first half of this year.
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Oil is cheap, so Kuwait raised its own gas price to compensate
Kuwait is cutting fuel subsidies to compensate for lost oil revenue.
Stephen Edelstein -
Electric-car interest in France spikes due to gas shortage
French drivers are showing more interest in electric cars because of a fuel shortage.
Stephen Edelstein -
Gasoline demand rises in U.S., China, and India; more growth expected
Gasoline prices, which fell below $2 a gallon in many parts of the United States over the winter, have been slowly rising again. And given the supply-and-demand equations in the global oil industry, that means that demand has risen as supplies have stayed steady or fallen. So even though Saudi...
John Voelcker -
Carmakers continue to meet rising CAFE goals, just as expected
Carmakers are on track to meet the CAFE standard of 54.5 mpg, a CFA study says.
Stephen Edelstein -
Why used small cars may be your best driving bargain these days
Small cars are coming off leases in droves, but consumers don't want them.
Stephen Edelstein -
Analysts debate the impact of electric cars on the oil industry.
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Cheap Oil Will Last A Decade, Says Huge Oil Trader
Oil prices won't increase much over the next decade, one oil trader predicts.
Stephen Edelstein -
Multiple Trends Turning Slowly Against Oil, Says Rocky Mountain Institute
The cost of a barrel of oil is now just a fraction of what it was several years ago, and fuel prices have mostly fallen across the globe as a result. Oil prices rise and fall, but most industry analysts suggest that the emergence of North American production has loosened OPEC's ability to set...
John Voelcker -
Why Do West-Coast Gas Prices Differ From Rest Of U.S.?
Gasoline remains more expensive on the West Coast than the rest of the country.
Stephen Edelstein -
Why Isn't Cheap Gas Helping To Boost The U.S. Economy?
Low gas prices aren't having the positive economic impact some had expected.
Stephen Edelstein -
Why Electric Cars Make Sense Even When Gas Is $2 A Gallon
Electric cars still make sense, even as gas prices remain low.
Stephen Edelstein -
The 2016 Toyota Prius, the fourth generation of the company's iconic hybrid-electric vehicle, is just starting to come onto the market around the world. But with the price of oil a fraction of what it was two years ago, and gasoline prices at recent lows in major markets, the title of highest fuel efficiency of any gasoline car is less alluring. And Toyota is already cutting its sales projections for the fourth-generation Prius as a result. DON'T MISS: 2016 Toyota Prius: First Drive Of 56-MPG Hybrid That's the word from Reuters, which wrote yesterday that the company is now targeting sales of...
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Will Cheap Gas, Soaring SUV Sales Sink Fuel-Economy Goals?
Consumers are turning away from fuel-efficient cars as gas remains cheap.
Stephen Edelstein -
Average New-Car Fuel Economy Falls As SUV Sales Rise, Gas Stays Cheap
Average new-car fuel economy in the U.S. fell 0.1 percent in September, researchers say.
Stephen Edelstein -
Coming This Fall: The Return Of Cheap $2 Gas
Addressing production bottlenecks could cause gas prices to drop even further, a new report says.
Stephen Edelstein -
Era Of Cheap, Subsidized Gasoline To End In United Arab Emirates
The United Arab Emirates plans to bring gas prices in line with international averages.
Stephen Edelstein -
Diesel Priced Almost As Low As Gasoline, As Gas Demand Surges
A decrease in diesel prices and a surge in gasoline demand means the two fuels now cost nearly the same.
Stephen Edelstein