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Sticker Shock Returns at Gas Stations

Sticker Shock Returns at Gas Stations

Jupiterimages/Thinkstock(NEW YORK) — Pain at the pump is back. The national average retail price of regular gasoline surged nearly 14 cents a gallon to $3.64 a gallon, and the Energy Information Administration says average prices are at their highest …

Gas Prices Skyrocket: July’s Jump Was Highest Since 2000

Gas Prices Skyrocket: July’s Jump Was Highest Since 2000

Justin Sullivan/Getty Images(NEW YORK) — Gas prices in July didn’t just jump. They qualified for the Olympics.According to AAA, July’s increase was the biggest since 2000. As of July 31, the average national price for regular hit $3.50, up…

Crisis Averted: Government Ends Norwegian Oil Strike

Crisis Averted: Government Ends Norwegian Oil Strike

Digital Vision/Thinkstock(NEW YORK) — The Norwegian government intervened to prevent a lockout in the country’s oil and gas industry, according to a statement issued by Statoil ASA.Statoil and other companies were planning to shut down oil production …

Gas Up 6 Cents; Norway Strike Pushes Oil Higher

Gas Up 6 Cents; Norway Strike Pushes Oil Higher

iStockphoto/Thinkstock(NEW YORK) — The average price for a gallon of regular gas is $3.41, up nearly 6 cents from a week ago, according to the U.S. Department of Energy.  This price is still 23 cents lower compared to a year ago.Crude oil traded …

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….

Markets Slump with Slowing Factory Activity; Gas Prices Down

Markets Slump with Slowing Factory Activity; Gas Prices Down

Hemera/Thinkstock(NEW YORK) –  The markets were steady at the open Monday, but by the end of the session, investors grew nervous about the dragging manufacturing sector. Stocks turned negative after new data showed U.S. manufacturing shrank in Ju…

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…

Housing Data Gives Stocks a Boost

Housing Data Gives Stocks a Boost

Hemera/Thinkstock(NEW YORK) — The markets made up some of the ground lost on Monday after data released today showed favorable signs for home prices. The Dow managed to close up 61 points, while the Nasdaq and S&P gained 21 points and 8.6 poi…

Gas Prices Down 10 Cents from Last Week

Gas Prices Down 10 Cents from Last Week

Comstock Images/Thinkstock(WASHINGTON) — The average price of a gallon of regular gas is $3.44, down nearly 10 cents from a week ago, according to the Department of Energy.  This price is also down nearly 14 cents from a year ago.The most expensi…

Crude Oil Prices Keep Dropping and Gas Prices Along with Them

Crude Oil Prices Keep Dropping and Gas Prices Along with Them

Comstock Images/Thinkstock(NEW YORK) — Gasoline prices are dropping like a stone because of a glut of oil supplies that pushed the price of crude to under $80 a barrel Thursday — the lowest it’s been in eight months.Currently, the average cost of a g…

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…

US Stocks End the Day Down, Gas Down Again

US Stocks End the Day Down, Gas Down Again

Medioimages/Photodisc/Thinkstock(NEW YORK) — The initial excitement about the Spanish bailout didn’t last long.  The Dow closed at 12,411.23 — down 142.97 points or 1.14 percent. The S&P and Nasdaq were down, 16.73 points and 48.69 po…

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….

Higher Gas Prices Drive Uptick in Public Transit Ridership

Higher Gas Prices Drive Uptick in Public Transit Ridership

iStockphoto/Thinkstock(WASHINGTON) — Higher gas prices have driven a growing number of Americans out of their cars.USA Today reports that mass transit ridership has risen to record levels in some cities, from Boston to Dayton, Ohio, to San Diego. In I…

Higher Gas Prices Drive Uptick in Public Transit Ridership

Higher Gas Prices Drive Uptick in Public Transit Ridership

iStockphoto/Thinkstock(WASHINGTON) — Higher gas prices have driven a growing number of Americans out of their cars.USA Today reports that mass transit ridership has risen to record levels in some cities, from Boston to Dayton, Ohio, to San Diego. In I…

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.&…

Lower Gas Prices Driving More to Travel on Memorial Day

Lower Gas Prices Driving More to Travel on Memorial Day

Jupiterimages/Thinkstock(NEW YORK) — Summer unofficially kicks off this weekend and millions plan to hit the road for Memorial Day.The automobile group AAA expects that nearly 35 million Americans will travel 50 miles from home for the holiday weekend…

High Gas Prices Driving Buyers Toward More Fuel Efficient Cars

High Gas Prices Driving Buyers Toward More Fuel Efficient Cars

Jupiterimages/Thinkstock(YONKERS, N.Y.) — High gas prices are dictating how car buyers go about purchasing their next vehicle.A new survey from Consumer Reports found that 37 percent of consumers would make fuel economy their top priority when shoppin…

Gas Prices Drop to National Average of $3.71 Per Gallon

Gas Prices Drop to National Average of $3.71 Per Gallon

KAREN BLEIER/AFP/Getty Images(NEW YORK) — Gas prices are down again this week to about $3.71 for a gallon of regular unleaded, four cents less than last week’s national average, the U.S. Department of Energy reported Monday.Concerns about the gl…

Breaking New Ground: Oil Boom Draws More Women to Industry

Breaking New Ground: Oil Boom Draws More Women to Industry

Comstock/Thinkstock(LIBERAL, Kan.) — Even before she suits up in her overalls and laces up in steel toe boots to head out to a drilling rig, Linda Trujillo is breaking new ground as one of the pioneers of America’s gold rush.The single mother of three…

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