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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: gas prices

gas prices stories: 210 news summaries

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Insurance Guzzles Savings From Fuel-Efficient Cars

Trading down to save money on gas results in higher premiums

Oct 23, 08 11:07 AM CDT
(Newser) - Think you’re saving money by driving that small, fuel-efficient car you traded in your SUV for? Maybe, but you’re probably paying more for your insurance—a lot more, reports the Wall Street Journal. In accidents, small cars tend to sustain more damage, and occupants more injures, than larger... More »

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fuel efficiency • Honda • gas prices • Honda Civic • auto insurance • insurance industry • Insurance Institute of Highway Safety • Honda CR-V

OPINION

Gas Prices Are Down—and That's Bad

Investment in green
is our only way out of crisis, writes Friedman

Oct 22, 08 11:31 AM CDT
(Newser) - Gas prices are dropping at last, back down to an average of less than $3 a gallon for the first time in a year. That's good news for recession-fearing consumers, writes Thomas L. Friedman, but there's a downside: the push to drive less and make Detroit build more fuel-efficient cars... More »

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energy • alternative energy • gas prices • green technology • Thomas Friedman • bailout • financial crisis

 Gas Prices Lowest in Year 

Lower gas worth $1000 a year for families

Oct 21, 08 2:14 AM CDT
(Newser) - The price of gasoline has dropped to its lowest level in a year, Reuters reports. The national average price for a gallon of regular unleaded is $2.91, a drop of 57 cents per gallon in just the last two weeks. Gas is most expensive in San Francisco, at... More »

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petroleum • gas prices • Department of Commerce • crude oil • Energy Information Administration • Diesel

Falling Gas Prices Could Put Electric Car Back in Neutral

Surge got automakers in gear, but economic downturn makes new projects tougher

Oct 20, 08 10:01 AM CDT
(Newser) - Car companies are revving up work on alternative energy vehicles, responding to higher oil prices that, well, don’t actually exist just now. New cars take about 5 years to roll out, meaning the auto industry can’t nimbly react to price changes: Oil, which cost $130 a barrel just... More »

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gas prices • electric cars • auto industry • alternative fuels • financial crisis

GLOSSIES

Working-Class Anger
May Boil Over Soon


Oct 15, 08 7:15 PM CDT
(Newser) - For a while now, the divide between rich and poor has gotten bigger, but it "hasn't sparked an outright political revolt," writes Reihan Salam in the Atlantic. That could change soon. Our fragile, 20-year "consumption compromise"—the era of cheap goods and cheap credit keeping economic... More »

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business • middle class • wages • gas prices • undecided voters • Election 2008 • financial crisis

Gas Prices Plunge in
Biggest Drop Ever

Demand and recession drive price down

Oct 13, 08 2:20 AM CDT
(Newser) - The Dow isn't the only thing plummeting. Amid falling demand, the average price of a gallon of gasoline has dropped over 35 cents in the last two weeks. The nationwide Lundberg Survey of 5,000 gas stations shows the cost of gas has slid more than 80 cents since March—... More »

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oil • gas prices • New York Mercantile Exchange • Lundberg Survey • oil prices • financial crisis • Diesel

(Newser) - The world's biggest bicycle maker is having its best year ever, thanks to high oil prices and concerns about both global warming and obesity, the Economist reports. Taiwan-based Giant sells 7% of the world's bikes—460,000 last month—and can't keep up with demand in some markets. New York... More »

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obesity epidemic • Taiwan • business • gas prices • bicycles

 Volt's Looks Kill Some GM Buzz 

Plug-in electric car finally unveiled today; production model too ordinary for some fans

Sep 16, 08 1:58 PM CDT
(Newser) - GM offered its first official look today at the plug-in Chevrolet Volt, CNNMoney reports, the electric car slated to go on sale in 2010. Its tame appearance drew the ire of gearheads hoping it would look more like the futuristic concept version. "A lot of people are saying they're... More »

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environment • General Motors • electricity • gas prices • electric cars • Chevrolet • hybrid car • Chevrolet Volt • cars

Long Lines Await Ike Survivors

'Eye of the aftermath' proves trying for Texas residents in need

Sep 15, 08 2:15 PM CDT
(Newser) - With a short supply of commodities like ice and gasoline forcing Texans trying to recover from Hurricane Ike to wait in hours-long lines, President Bush warned today the storm may put "upward pressure" on US fuel prices. Refineries and oil rigs sustained extensive, though not severe, damage, the Houston ... More »

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Houston • FEMA • gas prices • oil refineries • disaster recovery • oil rig • emergency aid • Hurricane Ike

GM Rolls Out Volt Tomorrow; Hopes for Game-Changer

Automaker sees battery-powered car as
turning point for company, Detroit

Sep 15, 08 11:20 AM CDT
(Newser) - General Motors will unveil its new Chevy Volt tomorrow, hoping that the battery-operated car will reverse its long reputation as a gas-guzzling industry dinosaur and attract devotees of competitors' hybrids, reports the Wall Street Journal. GM hopes the Volt, a lithium-ion-powered car due to hit the market in 2010, can... More »

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alternative energy • General Motors • automaker • gas prices • electric cars • Chevrolet Volt

 Ike Boosts 
 Gas Prices 
 Up to $5 

Prices jump 5 cents nationwide as Gulf shuts down nearly 100% oil production

Sep 14, 08 6:19 AM CDT
(Newser) - Gas prices have shot up an average of 5 cents nationwide in the wake of Hurricane Ike, which has shut down almost 100% of oil and natural gas production in the Gulf Coast region. Gas prices in the Gulf area have risen as high as $5 per gallon, and an... More »

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Texas • gas prices • oil refineries • Gulf Coast • oil production • Hurricane Ike • gas gouging

glossies

 Strapped Schools
 Say Bye to Bus Rides

New generation can tell grandkids they walked to school

Sep 7, 08 7:55 PM CDT
(Newser) - As high gas prices strangle US school budgets, more officials are cutting back where it hurts student scores least: school buses. Some schools are limiting or redesigning bus routes, but others have nixed busing entirely, leaving thousands of kids to hoof it under adult supervision. Some parents object, but many... More »

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environment • conservation • transportation • gas prices • school districts • school budget • fuel costs • school bus

Feds Think Bad Data May Feed Oil Spikes

Broad market probe focuses on price-fixing weak spots

Sep 4, 08 10:01 AM CDT
(Newser) - Commodity regulators, worried that some companies are manipulating crude oil prices by reporting false numbers on supplies and sales, are conducting a wide-ranging probe focused on energy traders, the Wall Street Journal reports. Sources say a big worry is that firms are falsely reporting oil inventories to create the perception... More »

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oil • price fixing • gas prices • Commodity Futures Trading Commission • oil prices

 Small Cars Carry Big Price Tags 

As public turns from SUVs, automakers jack up prices on compacts

Sep 3, 08 10:57 AM CDT
(Newser) - With sales of SUVs and trucks dwindling, car companies have begun to push smaller, more fuel-efficient models—but not for the same small prices. Without the $10,000 profit that was typical on SUVs, automakers can no longer sell cars like the Ford Focus for an average profit of $100.... More »

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General Motors • Honda • Ford • SUV • gas prices • cars

 Oil Prices Jump $1 as Gustav Shuts Down Gulf Operations

Investors react to storm threat

Sep 1, 08 4:35 AM CDT
(Newser) - Hurricane Gustav helped boost oil prices today by more than $1 a barrel as energy companies shut down production facilities in the storm's path, reports Reuters. US crude rose $1.54 to $117 per barrel this morning, after briefly surging to over $118 when NYMEX opened for electronic trading hours... More »

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gas prices • Gulf of Mexico • energy markets • Gulf Coast • oil production • oil prices • Hurricane Gustav

 Gustav Could Reverse
 Welcome Oil Trend

Hurricane, now Category 3, projected to slam into oil platforms, refineries

Aug 30, 08 6:41 PM CDT
(Newser) - Hurricane Gustav is on path to smash into the Gulf Coast's oil-production infrastructure, which could reverse the recent downward trend in gas prices, the San Francisco Chronicle reports. More than a quarter of oil produced in the US comes from the Gulf of Mexico, and producers have already begun... More »

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Louisiana • gas prices • Gulf of Mexico • oil refineries • offshore oil • Hurricane Gustav • oil platform

High Gas Prices Mean Fewer Traffic Deaths

People are changing where, when,
and how they drive

Aug 25, 08 11:37 AM CDT
(Newser) - The number of traffic deaths may drop this year to their lowest since Kennedy was president—thanks in large part to higher gas prices, the AP reports. As they rose above $3.20 a gallon, fatalities plummeted 22.1% in March and 17.9% in April, a study found. The... More »

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driving • gas prices • car safety • fatalities • teenage drivers • traffic accident • traffic fatalities

 GM Plans New Chevy Compact 


Aug 21, 08 4:55 PM CDT
(Newser) - General Motors will invest $500 million to build its new compact car in the US, the Detroit News reports. The Chevrolet Cruze, expected to get about 45mpg, will go into production in 2010 in Lordstown, Ohio. The ailing automaker, once heavily reliant on SUVs, continues to alter its production line... More »

MORE ABOUT:
General Motors • fuel efficiency • SUV • gas prices • Chevrolet • auto industry • compact

Wholesale Prices Rising at Fastest Pace Since 1981

High energy, motor vehicle costs pushing inflation; Fed may be forced to boost rates

Aug 19, 08 10:25 AM CDT
(AP) - Wholesale prices jumped 1.2% in July—more than twice the rate economists expected and  the fastest pace in 27 years, according to government data released today, the AP reports. Core prices, which exclude food and energy, rose 0.7%, the biggest since November 2006; new home construction in July... More »

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inflation • gas prices • consumer prices • economy • energy costs • oil prices • wholesale prices

 SUV Apocalypse Nears

Sales fall off as Americans opt for leaner, greener cars

Aug 17, 08 10:04 AM CDT
(Newser) - America’s obsession with super-size cars seems to be running out of gas. The Daily Green reports on the seven signs of the SUV apocalypse:
  1. The numbers: Sales of small cars were up 11% in the first half of the year, while SUV and truck sales were down by
... More »

MORE ABOUT:
SUV • gas prices • electric cars • Jeep Grand Cherokee • used cars • gas consumption

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