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Gas Gets Pumped Up

Started by C Miller; Last updated Feb 29, 08 5:09 AM CST by D Lim | View history

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Gas Gets Pumped Up

Fill 'er up becomes an increasingly pricey proposition

Stories

Stories 101 - 120 of 216

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June 2008
- Diesel Thieves Plague Farmers
  
  CNN | Jun 6, 08 2:33 PM CDT
  
  (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 »
- Continental Hacks 3K Jobs, 16% of Flights
  
  Wall Street Journal | Jun 5, 08 7:41 AM CDT
  
  (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
  
  (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 »
- Storm Warning: Hurricanes May Drive Gas to $6
  
  CNNMoney | Jun 2, 08 12:39 PM CDT
  
  (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 »
- Drivers Pump Less, Run Out of Gas More
  
  Associated Press | Jun 2, 08 3:05 AM CDT
  
  (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 »
- Rebate Checks Go to Gas, Food, Looming Debt
  
  New York Times | Jun 1, 08 9:44 AM CDT
  
  (Newser) - Rather than the gluttonous splurge on flat-screen TVs and foreign vacations that Uncle Sam had envisioned, most Americans are plunking their rebate checks down on exorbitant gas and food costs--and their mounting debt. “The initial sense is that people are not running out the malls,” one economist told the New York Times . The sense of restraint may fail to buoy the economy as hoped. More »
May 2008
- Under the Hood, Size Does Matter
  
  Los Angeles Times | May 31, 08 2:39 PM CDT
  
  (Newser) - Instead of saving on gas by getting smaller cars, many Americans are buying cars with smaller engines. Four-cylinder autos have been zooming off lots nationwide, leaving six-cylinder rides in the dust: Three quarters of mid-size cars sold in May sported the smaller engine, a swerve away from a trend in ever-bigger motors, the Los Angeles Times reports. More »
- More Riders, Pricier Fuel Stress Out Transit Agencies
  
  Wall Street Journal | May 30, 08 4:29 PM CDT
  
  (Newser) - The same agencies that stand to benefit as commuters turn to public transit to escape high gas prices are finding themselves hamstrung by rising fuel costs, the Wall Street Journal reports. Ridership is up by as much as 35% for some bus lines, but the cost of diesel has doubled and economic woes are slowing sales-tax revenue, the main source of transit funding. More »
- Norwegian Electric Car Will Cruise US Streets
  
  Wall Street Journal | May 30, 08 1:00 PM CDT
  
  (Newser) - An electric car that can travel up to 110 miles when fully charged will hit select US cities next year, the Wall Street Journal reports. The Think City, from Norwegian automaker Think Global AS, is already on the road in Norway, Sweden and Denmark, and will set American consumers back less than $25,000. The company plans to produce as well as sell the mini car in the US, with backing from American venture capital investors. More »
- Restaurants' Used Grease Draws Thieves
  
  New York Times | May 30, 08 7:40 AM CDT
  
  (Newser) - For decades restaurants have thrown away their used cooking grease without a second thought; now, they’re trying to protect it from thieves. Almost anyone can convert the yellow grease into cheap biodiesel using kits sold on the internet, and restaurant oil bins have become go-to destinations for everyone from environmentalists to thieves who siphon tanks in the dead of the night. More »
- Dow Hikes Prices 20% on Chemicals in Many Products
  
  Wall Street Journal | May 29, 08 2:20 PM CDT
  
  (Newser) - Skyrocketing energy costs prompted Dow Chemical to bump prices up to 20% yesterday on compounds that are the building blocks for thousands of consumer products, fanning inflation fears. Dow, one of the world’s largest chemical companies, ripped Washington for an energy policy it says has raised its energy costs 42% from a year ago, reports the Wall Street Journal. More »
- Ballooning Gas Costs Fuel Mass Protests in Europe
  
  Time | May 29, 08 9:29 AM CDT
  
  (Newser) - Skyrocketing fuel prices are hitting Americans hard, but drivers across the Atlantic are shelling out twice as much, Time reports. Europeans pay an average of $8.70 for a gallon of gas, and the hefty price hikes this year are leading to protests that threaten to shut down cities, ports, and whole sectors of the economy. Oil terminals have been blockaded by protesters. More »
- $4 a Gallon? Keep It Coming!
  
  New York Times | May 28, 08 5:05 AM CDT
  
  (Newser) - The ideal presidential candidate wouldn’t pledge to cut gas prices—but would promise instead never to let them fall below $4 a gallon, writes Thomas L. Friedman in the New York Times . The high prices are finally forcing America to use fuel-efficient cars—and that’s crucial for the environment, and frees us from foreign oil dependence, Friedman notes. More »
- Truck Protest Freezes London
  
  Daily Telegraph (UK) | May 27, 08 9:24 AM CDT
  
  (Newser) - Truck drivers came from miles around to protest high fuel prices in London today, the Daily Telegraph reports. Lining along specially-closed sections of highway, the drivers blared horns and waved signs, demanding a reduction in the government’s diesel tax. “I think soon the public will actually join us,” said one hauler. “The car drivers will start coming out soon; it’s going to snowball.” More »