Gas Prices

Lease-trading firm SwapALease claims more hybrid owners are walking away from their green cars.

By most accounts, the world is pretty much awash in oil these days. Increases in North American shale-oil production have boosted supply to the point where there's now discussion of the U.S. becoming a net oil exporter sometime in the next decade. Meanwhile, the vehicle fleet is slowly getting more...

A new report finds gas prices are as low as they've been in four years.

The Union of Concerned Scientists says California's green transport policies will save drivers money.

If you're getting out on the road this Labor Day weekend visiting friends or family, you may be pleased to hear it'll cost you a little less than it did this time last year. The U.S. Energy Information Administration's (EIA) 'Today in Energy' brief shows that average U.S. gas prices are as low as...

If you have friends in Europe, you might have heard them complaining of gas prices topping $8 per gallon. It's certainly enough to make you feel better about the average $3.60 a gallon drivers pay in the U.S. Until you see what our counterparts in Venezuela are paying for gas--with the nation's...

A new report says a fixed gas tax won't be able to keep up with rising road construction costs.

Diesel fuel is only available at just over half of all retail fuel sites in the U.S, so isn't quite as easy to find for drivers not familiar with a particular area. Finding diesel will become ever more important though as more diesel vehicles hit the market. What we need, then, is some way of...

Gasoline prices rise. Gasoline prices fall. And every time there's significant movement, it's a news story. Last week, for instance, CNBC (via The Car Connection) reported that a gallon of regular unleaded gasoline dropped to about $3.59 last Friday. That's almost 8 cents lower than the cost two...

It isn't easy to compare gasoline and electric vehicles. Sure, you can look at EPA stickers, sit in them and appreciate the way they drive, but comparing like-for-like on an economic basis is requires some thought. The U.S. Department of Energy has simplified the process with its new eGallon...

For fans of fuel efficiency, the New York Times has good news and bad news. The good news is: drivers in the U.S. are using less gas these days. The bad news is: that's driving up the cost of gas. To anyone who's taken Econ 101, that probably seems counter-intuitive -- mostly because it is. To...

The price of gasoline will creep up faster than expected, the U.S. Department of Energy's latest figures show. Its monthly Short-Term Energy Outlook had previously put regular-grade gasoline at an average of $3.44 per gallon, but it's now expected to reach 11 cents higher. That's still lower than...

While gas prices in the state of California are finally dropping following last week’s Southern California peak of more than $5 per gallon, the financial and social implications of such high gas prices are still being felt by its residents. As The LA Times reported earlier this week...

It happens every time gas prices spike, and it's happening again: Small-car sales are soaring. In fact, the total of 2.1 million compact and subcompact cars sold over the nine-month period ending in September is up by fully 50 percent compared to the same period a year ago. That's the highest...

Renewable energy, especially solar, is making inroads into the U.S. power grid, but it's a very slow process. And especially in the wake of the Solyndra collapse, it's one fraught with political wrangling. But there's another country that plans to invest heavily in solar power, hoping to provide...

With the announcement of final rules for corporate average fuel efficiency of 54.5 mpg by 2025, the NHTSA and EPA have done two things. The agencies have given carmakers both a major technological challenge--double the effective gas mileage of your vehicles in 12 years--and something they have long...

Earlier this year, it looked as if the price of gasoline might cross the $5-a-gallon mark in the U.S. (In some places, it went well beyond that.) Analysts were screaming to the media, giving Cassandra-like interviews about fuel shortages and conflict in the Middle East. Gas-sipping rides became...

Did you make a road-trip this weekend? Did you have to buy gas? If the answer is yes, then the chances are you found yourself paying the highest price for gas since May, and the highest you’ve ever had to pay for a Labor Day travel. Highest ever According to the AAA (via FoxNews), the average...

As we’ve seen in the past, demand for hybrid cars like the 2012 Toyota Prius rises as gas prices increase, but until now, we didn’t know how closely gas prices influenced the gas mileage of new cars. Now we do, courtesy of a study by automotive valuation firm TrueCar. Gas price...

A fire yesterday evening in a refinery critical to providing special California gasoline blends may boost gas prices in the state substantially. The blaze, first observed around 6:15 pm and brought under control five hours later, occurred in the Richmond refinery owned by Chevron [NYSE:CVX]. The...