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Gas Prices Rise for the First Time in Months

Gas Prices Rise for the First Time in Months

Jupiterimages/Thinkstock(NEW YORK) — Good news for the European economy means bad news for U.S. motorists.  Gas prices went up an average of two cents on Friday and another two cents on Saturday to bring the average price of a gallon up to $3.38….

Gas Under $3: How Low Can It Go?

Gas Under $3: How Low Can It Go?

iStockphoto/Thinkstock(HOUSTON) — Seems like only yesterday U.S. motorists feared summer gas prices hitting $5 a gallon. Yet right now in some markets the price of gas is falling. In St. Louis, for example, at some stations, it’s $2.99. How much…

Fill Your Gas Tank for Less Than $3 a Gallon?

Fill Your Gas Tank for Less Than $3 a Gallon?

Jupiterimages/Thinkstock(CONWAY, S.C.) — Just in time for the summer travel season, falling gas prices seem to be providing some relief to drivers.  But most don’t expect prices to fall lower than $3, with the national average for a gallon of reg…

Dow Down Fourth Straight Day, Facebook at New Low

Dow Down Fourth Straight Day, Facebook at New Low

Hemera/Thinkstock(NEW YORK) — After a sharp drop Friday, the Dow closed at 12,101.46 on Monday, down another 17.11 points in trading.The S&P ended the day flat at 1,278.18, while the NASDAQ managed to end the day up 12.53 points to close at 2,760….

Average Gas Prices Fall Lower

Average Gas Prices Fall Lower

Comstock Images/Thinkstock(WASHINGTON) — The average price of a gallon of regular gas is now at $3.67, down nearly 5 cents from a week ago, according to the Department of Energy.  This price is also down about 13 cents from this time a year ago.&…

Troubles in Europe Continue to Weigh Heavily on US Stocks

Troubles in Europe Continue to Weigh Heavily on US Stocks

Hemera/Thinkstock(NEW YORK) — Worries about European debt kept the markets down again Wednesday. The Dow was off by as much as 184 points before recovering some of the loss. The Dow ended Wednesday down 95 points. The Nasdaq lost 12, and the S&am…

DHS: Hackers Mounting Organized Cyber Attack on US Gas Pipelines

DHS: Hackers Mounting Organized Cyber Attack on US Gas Pipelines

iStockphoto/Thinkstock(WASHINGTON) — For the past six months, an unidentified group of hackers has been mounting an ongoing, coordinated cyber attack on the control systems of U.S. gas pipelines, prompting the Department of Homeland Security to issue …

European Concerns Keep US Stocks Down Another Day

European Concerns Keep US Stocks Down Another Day

Comstock/Thinkstock(NEW YORK) — Investors are clearly concerned about the U.S. and European economies.  Stocks were down at the close of trading yet again Tuesday. The Dow closed down 76.44 points, or 0.6 percent, the fifth consecutive down day f…

Dinosaur Gas Enough to Warm Earth’s Climate?

Dinosaur Gas Enough to Warm Earth’s Climate?

iStockphoto/Thinkstock(LONDON) — Scientists from the U.K. say dinosaurs probably had gas, just as animals and humans do today, and they may have had enough of it that it actually warmed the Jurassic climate, more than 100 million years ago.David Wilki…

Stocks Fall on Jobs Report; Oil Drops, Too

Stocks Fall on Jobs Report; Oil Drops, Too

Hemera/Thinkstock(NEW YORK) — The underwhelming monthly employment report  helped to push the markets down to end the week. With investors concerned about the pace of economic growth in the U.S., the Dow dropped 158 points, the Nasdaq lost 62 and…

Gas Down 4 Cents, Stocks and Oil Down Too

Gas Down 4 Cents, Stocks and Oil Down Too

Hemera Technologies/Thinkstock(NEW YORK) — Gas prices continued their slide down Monday. The average price of a gallon of regular gas is $3.83, down 4 cents from a week ago, according to the Department of Energy.  This price is also down 13 …

Gas Prices Decline for Second Week

Gas Prices Decline for Second Week

Kevork Djansezian/Getty Images(WASHINGTON) — Gas prices have shown signs of leveling off in the last two weeks, with the average price of gas down for the second week in a row.The average price of a gallon of regular gas is $3.92, down nearly two cent…

High Gas Prices: Should You Blame Your Bank?

High Gas Prices: Should You Blame Your Bank?

iStockphoto/Thinkstock(NEW YORK) — Should you blame your bank for high gas prices? A new report out Tuesday says it’s not just supply and demand and Middle East politics that determine the price of a barrel of crude; Visa and MasterCard and the …

Gas Price Average Settles Slightly Lower

Gas Price Average Settles Slightly Lower

iStockphoto/Thinkstock(NEW YORK) — Gas prices have taken a breather from their steady climb since January of this year.The average price of a gallon of regular gas is $3.939, down two-tenths of a penny from a week ago and up 15 cents from a year ago, …

Average Gas Price Reaches Highest-Ever Mark for April

Average Gas Price Reaches Highest-Ever Mark for April

Kevork Djansezian/Getty Images(WASHINGTON) — Gas prices are up, but at a slower rate than recent weeks.The average price of a gallon of regular gas is now $3.94, up 2 cents from a week ago and 26 cents from a year ago, according to the Department of E…

Gas Efficiency Threatens Highway Trust Fund

Gas Efficiency Threatens Highway Trust Fund

Jupiterimages/Thinkstock(WASHINGTON) — The federal Highway Trust Fund is being hobbled by politics, but it is also threatened by success. President Obama signed the Surface Transportation Extension Act of 2012 last week, which will ensure 90 more days…

Senate Rejects Obama Call to Strip Oil Company Tax Breaks

Senate Rejects Obama Call to Strip Oil Company Tax Breaks

JEWEL SAMAD/AFP/Getty Images(WASHINGTON) — A last-minute entreaty by President Obama wasn’t enough to convince senators to strip the oil and gas industry of billions in tax incentives.The president said Thursday that Americans are getting fleece…

Obama OKs Oil Exploration Along Atlantic Coast, But Not Drilling

Obama OKs Oil Exploration Along Atlantic Coast, But Not Drilling

File photo. iStockphoto/Thinkstock(WASHINGTON) — The Obama administration on Wednesday endorsed new oil and gas exploration along the Atlantic Coast, setting the stage for possible future drilling lease sales.The announcement by the Interior Departme…

Gas Prices Reach Record High Again

Gas Prices Reach Record High Again

Kevork Djansezian/Getty Images(WASHINGTON) — Inching closer to the $4 mark, the average price of a gallon of regular gas in the U.S. is now $3.92, up 5 cents from a week ago,and 32 cents from a year ago, according to the Department of Energy.This is t…

Highest Gas Price Recorded for March

Highest Gas Price Recorded for March

Jupiterimages/Thinkstock(WASHINGTON) — The average price of a gallon of regular gas is now $3.87, up nearly 4 cents from a week ago and over 30 cents from a year ago, according to the Department of Energy.Last week, the average gas price was $3.83 a g…

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