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October 10, 2008 10:09:20 PM CDT

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Stories related to: gas prices

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Stories 81 - 100 of 184

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  • June 2008

    • Analysts Say Oil Price Drop Is Long Way Off

      Reuters  |  Jun 9, 08 10:25 AM CDT

      Analysts Say Oil Price Drop Is Long Way Off

      (Newser) - A reining-in of Asia’s demand for oil could help the global crude supply rebound, eventually dropping prices sharply, analysts tell Reuters. But the price relief likely won’t show up until the end of this year or early next, as data needed to help traders set prices is slow to flow in from major Asian countries. More »

      Tags

      gas prices  • oil price  • crude oil  • Asian markets  • oil production

    • Gas Prices Hit Hardest in Rural Areas—not Suburbs

      New York Times  |  Jun 9, 08 8:40 AM CDT

      Gas Prices Hit Hardest in Rural Areas&mdash;not Suburbs

      (Newser) - Gas prices, which hit an all-time-high average of $4 a gallon over the weekend, are causing more pain in rural America than anywhere else, with motorists in the South, Southwest, and the upper Great Plains the hardest hit. With relatively low wages and high use of pickup trucks and vans, rural families spend up to 13% of their income on fuel while the national average is only 4%, reports the New York Times. More »

      Tags

      gas prices  • economy  • fuel costs  • wages  • South  • Great Plains  • fuel consumption  • low-income families

    • Gas Tops $4 per Gallon After Stable Week

      Reuters  |  Jun 8, 08 7:15 PM CDT

      Gas Tops $4 per Gallon After Stable Week

      (Newser) - Americans are paying more than $4 a gallon for gas for the first time, Reuters reports. The national average reached $4.005 per gallon today, up from $3.67 last month and $3.10 last year. Prices had stabilized last week, until crude oil futures jumped to record levels. In a recent survey, 74% of Americans vowed to change their driving habits in response to $4-a-gallon gas. More »

      Tags

      gas prices  • crude oil  • driving  • SUVs  • AAA

    • US Economy Isn't Bouncing Back

      Newsweek  |  Jun 8, 08 5:11 PM CDT

      US Economy Isn't Bouncing Back

      (Newser) - Forget those predictions of a US economic revival in 2008, Daniel Gross writes in Newsweek . The four horsemen of the economy—credit and housing crises, food and energy prices—are getting meaner, while booming commodities and crunching credit are curbing attempts to fight back. "As a result, the consumer-driven economy may not bounce back as rapidly as it did in the fraught months after 9/11," Gross writes. More »

      Tags

      credit crisis  • US economy  • Wall Street  • gas prices  • economy  • subprime crisis  • food prices  • commodities  • weakening economy  • world economy

    • Blip or Deeper Trouble? More Economists Grow Gloomy

      BusinessWeek  |  Jun 7, 08 10:01 PM CDT

      Blip or Deeper Trouble? More Economists Grow Gloomy

      (Newser) - Optimists can easily chalk up Friday's disastrous day on Wall Street to a skittish market overreacting to lousy news about oil prices and unemployment. The problem, writes Ben Steverman in BusinessWeek , is that many analysts are lining up in the pessimists' camp, which holds that something more "fundamental" is awry. The credit crunch is easing, but rising inflation and an increasingly "fragile" economy could spell long-term trouble. More »

      Tags

      gas prices  • economy  • oil  • inflation  • interest rate  • crude oil

    • As Gas Prices Rise, Field Trips Go Virtual

      Christian Science Monitor  |  Jun 7, 08 2:08 PM CDT

      As Gas Prices Rise, Field Trips Go Virtual

      (Newser) - More school buses are being left in park these days, thanks to rising fuel prices and technology that lets students go on “virtual field trips.” “If you can’t go somewhere, this can be the next best thing,” said one administrator, as schools enjoy low teleconferencing costs and help from institutions ranging from NASA to the Bronx Zoo. More »

      Tags

      gas prices  • education  • student  • school budget  • School costs

    • Diesel Thieves Plague Farmers

      CNN  |  Jun 6, 08 2:33 PM CDT

      Diesel Thieves Plague Farmers

      (Newser) - With oil prices stuck in triple digits, any form of gas is becoming precious booty for thieves, CNN reports. The latest targets: farmers running diesel-fueled irrigation pumps. Fuel tanks, often sitting unguarded in fields, can be a quick score of around 250 gallons in the middle of the night. In Kern County, California, alone the sheriff estimates that $300,000 worth of diesel was stolen in the past 3 months. More »

      Tags

      gas prices  • oil price  • oil  • farmer  • theft  • diesel  • farm  • thief

    • Continental Hacks 3K Jobs, 16% of Flights

      Wall Street Journal  |  Jun 5, 08 7:41 AM CDT

      Continental Hacks 3K Jobs, 16% of Flights

      (Newser) - Continental Airlines today became the latest US carrier to slash its workforce and trim flights in the face of profit-busting fuel costs and an industry-wide slowdown, the Wall Street Journal reports today. The airline will cut its workforce by 3,000 jobs, scale back US departures by 16%, and aggressively trim its fleet of fuel-guzzling 737s. United and American also recently announced cutbacks. More »

    • Airlines Mull Weighing Passengers

      Bloomberg  |  Jun 3, 08 4:14 PM CDT

      Airlines Mull Weighing Passengers

      (Newser) - Desperate airliners are doing everything to cut fuel costs, scaling back on water and snacks—and adding a fee for overweight passengers could be next, analysts tell Bloomberg. "Nothing is beyond their imagination," one says of CEOs. "They have already begun to think exotically." Fuel costs, nearly triple since 2000, account for as much as 40% of operating expenses. More »

      Tags

      gas prices  • air travel  • airplane  • overweight

    • Storm Warning: Hurricanes May Drive Gas to $6

      CNNMoney  |  Jun 2, 08 12:39 PM CDT

      Storm Warning: Hurricanes May Drive Gas to $6

      (Newser) - This year’s hurricane season—which started yesterday—could spawn a dozen or more named storms, potentially disrupting flow of gasoline across the nation and pushing gas prices beyond $5 or even $6 a gallon, reports CNNMoney. Traders already appear to be including a hurricane premium of 10 cents per gallon into prices, something they’ve done since hurricanes Katrina and Rita in 2005. More »

      Tags

      gas prices  • oil price  • Hurricane Katrina  • Katrina aftermath  • hurricane season  • oil refineries

    • Drivers Pump Less, Run Out of Gas More

      Associated Press  |  Jun 2, 08 3:05 AM CDT

      Drivers Pump Less, Run Out of Gas More

      (Newser) - Strapped-for-cash drivers hit by rocketing gas prices are putting less in their tanks and gambling on having enough to last the week—but many don't make it. C alls to AAA for help from out-of-gas drivers in Philadelphia have doubled since prices began to spiral, AP reports. More »

      Tags

      gas prices  • Philadelphia  • fuel  • AAA

    • Rebate Checks Go to Gas, Food, Looming Debt

      New York Times  |  Jun 1, 08 9:44 AM CDT