Tag: gasoline prices

Americans drove more than 3 trillion miles last year

The 33 percent slide at U.S. pumps, combined with an improving job market, touched off a national spending spree on sport utility vehicles, vacations and Christmas presents.  More »

U.S. consumer spending on fuel at a six-year low in January

According to the Commerce Department’s Bureau of Economic Analysis, Americans spent 21 percent less on gasoline, electricity and gas services in January than at the same time last year.  More »

Lawsuit alleges Exxon denied more claims than paid

Two batches of bad fuel produced at Exxon Mobil in mid-March 2014 caused some Baton Rouge area drivers to experience problems with their intake and valve systems.  More »

Agency to vote on reducing California gas tax by 7.5 cents

The agency’s staff is recommending reducing the excise tax rate from 18 cents to 10.5 cents.  More »

Oil’s pain is Wal-mart’s gain

Analysts at Goldman Sachs note that the longer gas prices stay low, the more consumers like to spend.  More »

U.S. drivers start 2015 with cheapest gas in six years

Gasoline at the pump is at the lowest since April 2009, when prices were $2.0549 a gallon.  More »

Oil falls once again, looks to end 2014 at new lows

Behind the early fall was news that inventories at the oil trading hub of Cushing, Oklahoma rose by nearly 2 million barrels, according to U.S. Energy Information Administration data for the week ending Dec. 26.  More »

AAA: U.S. drivers saved $14 billion on gasoline in 2014

Analysts expect gasoline prices to remain low for much of 2015, too.  More »

Retail gas prices tumble 16 cents across Texas

The association survey found the cheapest gasoline in Texas was in Fort Worth at $1.98 per gallon.  More »

Some Houston stations selling gasoline under $2

According to data compiled by GasBuddy.com, 13 stations in the Houston area listed gasoline prices Thursday under $2 for a gallon of regular.  More »

Shale boom spurs chemical industry expansion

The industry grew by 2 percent this year and is expected to swell further next year as advances in drilling and completion technologies unlock vast new supplies of hydrocarbons that chemical companies rely on to make products and fuel their plants.  More »

Who sets gas prices? Look to London, not US, report says

The government’s top energy analysts weighed into the debate on exporting crude Thursday, releasing a study asserting that the cost of gasoline inside the United States is closely tied to the price of international crudes, not domestic oil.  More »

Holiday drivers closest to paying $3 gasoline in 4 years

With deep declines expected in gasoline prices this holiday season, Thanksgiving drivers should have one less thing to worry about on the busiest travel day of the year.  More »

Autumn brings fall in gasoline prices

Gasoline prices are about a dime lower as September ends than at the beginning of the month.  More »

House tackling Keystone XL & gas exports in pre-election debate

Although gasoline prices have tumbled to four-year lows, that isn’t stopping lawmakers on Capitol Hill from exploiting concerns about high energy costs ahead of the mid-term elections.  More »
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