Gas Gets Pumped Up

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June 2008
- 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

Stories

Storm Warning: Hurricanes May Drive Gas to $6

Drivers Pump Less, Run Out of Gas More

Rebate Checks Go to Gas, Food, Looming Debt

Under the Hood, Size Does Matter

More Riders, Pricier Fuel Stress Out Transit Agencies

Norwegian Electric Car Will Cruise US Streets