Gas Prices

We've written before about the growing shortfall in gasoline tax revenues versus the highway and bridge repairs those taxes are supposed to fund. The Federal Highway Trust Fund now has an estimated backlog of $400 billion in repairs between now and 2015 just to bring the complete national highway...

The rising cost of gas is one of life's inevitabilities, though how quickly the price rises depends on where you live. If you live in Nome, Alaska, then you're in for an inevitable and very expensive winter. According to Yahoo (via AutoBlogGreen), you could soon be paying $9 for every gallon of...

This year has been particularly difficult for the auto industry -- with some types of car suffering more than others. And although there’s an unrelenting drive towards greener, more fuel efficient cars with better gas mileage, sales of hybrid cars haven’t been as great as perhaps they...

Remember $4 gasoline? It was just last May that gasoline soared to an average price of $4 per gallon across all U.S. markets, with even the cheapest pumps showing prices of $3.50 or more. What a difference a few months makes. Gasoline has now fallen below $3 a gallon in a handful of areas...

We've said it before, and we'll likely say it again: We love a good infographic (here, here, and here, for instance). Today's example covers what makes up the price of each gallon of gasoline that you buy. Not surprisingly, it includes the cost of the actual refined hydrocarbon that originated as...

Just three months ago, the average gas price crossed 4$ a gallon. Now, oil prices have plummeted to their lowest level this year in response to the Standard & Poor's U.S. debt rating downgrade. We'll continue to be whipsawed by changes in oil prices, reflected in the price per gallon we pay for...

The two Federal agencies that set gas mileage and emissions standards for future cars may propose rules that require corporate average fuel economy to reach 56 miles per gallon by 2025. News reports out of Washington, D.C., indicate that the Obama Administration is urging the EPA and NHTSA to push...

Gas prices go up and down, lately more up than down. Today, however, the U.S. government has decided to release a portion of its strategic petroleum reserve, just as crude-oil prices continued a decline that started several weeks ago. Gas prices vary enormously from state to state, due to...

With gas-mileage standards through 2016 now in place, the EPA and NHTSA are turning their sights toward rules for 2017 through 2025. Proposals are floating around for CAFE standards of up to 62 mpg (which means the vehicles you might buy would average about 50 mpg in actual use). Ah, the hell with...

It happens every time. Gas prices go up sharply, and new car buyers suddenly decide that gas mileage is important--and shop accordingly. With gas around $4 a gallon in many parts of the country, what would you trade for higher miles per gallon? Would you pay more? Would you buy a smaller car than...

With two models--one all about gas mileage, with two transmission options, plus the other one, which has two engines and two transmissions--the 2011 Chevrolet Cruze may take some sorting out if you're looking to maximize your fuel economy. At least there's only one body style for the new 2011...

There's more than a 3-to-1 chance that your gas price fell last week. The price itself depends largely on what state you live in, but the average price of a gallon of gasoline rose in just 12 states, staying the same or falling in the other 38, according to the average pricing on GasBuddy. But...

Even if some of us suspect that cheap gasoline may never come back for good ... well, we can dream, right? In the face of national gas prices averaging $4 a gallon, and fillups that can cost three figures, several hundred lucky drivers in Los Angeles hit the jackpot yesterday morning: They paid...

With gas prices above $4 a gallon (at least this week), we've entered a familiar cycle. Man-on-the-street interviews feature wailing and moaning about how politicians "should do something" about gas prices. Drivers start to combine their trips, and make sure to use their most fuel-efficient...

Two days ago, the NHTSA said that it would require annual gas-mileage improvements of somewhere between 2 and 7 percent each year between 2017 and 2025. Corporate average fuel economy requirements have already been set through 2016, an action facilitated by the Obama Administration soon after...

Every year, as the weather improves in the spring, gasoline prices start to creep higher. But this year, could it be that the pattern is broken? The recent run-up to record levels--California is now paying an average of $4.26 per gallon--might be halted, even reversed, if wholesale oil prices...

As of the middle of April, gasoline is approaching $4.00 per gallon across the United States and oil is surging past $110 per barrel. More and more energy observers are talking about "$5 per gallon fuel" here in the U.S. So how do you minimize your gasoline costs and maximize your mileage? What...

There’s no doubt consumers will be faced with higher gas prices going into the future, and alternatives, like diesel powered cars and hybrids, all have their respective shortcomings. We recently looked at why mainstream automakers refuse to launch more diesel models in the U.S. and, just...

As gas prices rise, electric cars look better and better. But any chances manufacturers had the last time gas hit $4 a gallon were extinguished thanks to the 2008 recession, which made electric vehicles’ high upfront costs unpalatable. Now it looks like they’ll have a second chance to...

According to the Department of Energy, the average U.S. household will pay $700 more for gasoline this year than it did in 2010. In a weekly review of the oil market, the department's Energy Information Administration noted that prices will rise at least 10 cents more over the current national...