Gas Prices

Toyota expects current Prius owners to stick with the car even if gas prices stay low.

Oil prices are at their lowest levels in four years, and retail gasoline prices are likely to follow--more or less. Thursday, while the U.S. celebrated its Thanksgiving holiday, oil prices fell 7 percent after OPEC announced it would leave production levels unchanged, according to CNN. The price of...

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.

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...

A free app from Esurance claims to predict future gas prices.

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...

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...

Would you drive less if it meant getting the gas you did use for free? We suspect most people would answer yes if they could, and that's the premise behind the Shuttle Challenge, running in Toronto until May 3. The Shuttle Challenge (via Autoblog Green) asks registered users to track their baseline...

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...

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...

Brace yourself, Californians. Gas prices are going up. Again. With the Golden State already paying some of the highest gas prices in the nation, California drivers will find it's going to get more costly than ever to fill their tanks. According to Reuters, oil analyst Tom Kloza, chief oil analyst...

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...