Gas Gets Pumped Up

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June 2008
- EU Will Make Airlines Pay to Pollute
  
  New York Times | Jun 27, 08 5:57 AM CDT
  
  (Newser) - The European Union struck a landmark deal yesterday to regulate carbon emissions from airplanes, requiring carriers to buy pollution credits for all flights entering or leaving airports in the EU. The agreement, which should go into effect in 2012, marks the first time that airlines will have to pay to pollute in the European emissions market the same way that other industrial polluters do, reports the New York Times . More »
- Congress Short on Gas, Long on Gasbags
  
  Washington Post | Jun 26, 08 9:39 AM CDT
  
  (Newser) - There’s nothing much Congress can do about gas prices, writes Dana Milbank in the Washington Post, so in an effort to look busy it's doing what it always does—blaming the other party. Yesterday Capital Hill saw no less than 12 events on energy costs, and every last one came down to partisan jabs. More »
- 75% Blame Bush for Faltering Economy
  
  Los Angeles Times | Jun 26, 08 4:20 AM CDT
  
  (Newser) - A new poll paints a gloomy picture of a pessimistic America struggling with soaring gas prices and a deteriorating economy—and blaming President Bush. Three of four Americans—including a large number of Republicans—hold the president responsible for the economic downturn, according to a Los Angeles Times/Bloomberg poll. The president's approval rating has sunk to an all-time low of just 23%. His constituency is particularly irritated about his lack of action to stem rocketing gas prices. More »
- Energy Prices Hammer Suburban Housing Market
  
  New York Times | Jun 25, 08 8:17 AM CDT
  
  (Newser) - The soaring cost of energy has started the buck the half-century-old trend of migration to suburbs and exurbs, the New York Times reports. The cost of reaching a far-off home, let alone heating and cooling it, is becoming untenable for many. From Atlanta and Philadelphia to San Francisco and Minneapolis, prices of homes outside the urban core have fallen faster than those downtown. More »
- Yanks Flood Mexico for Cheap Gas
  
  New York Times | Jun 25, 08 3:46 AM CDT
  
  (Newser) - Soaring gas prices have Californians and Texans racing for the border and braving drug cartel violence to save some $20 per tank filling up in Mexico. American pumps have passed the $4 mark, but Mexican gas is still just $2.66 a gallon thanks to subsidies intended for poor Mexicans. Americans are buying it up instead, triggering a 50% surge in sales—and Mexican gas shortages, reports the New York Times. More »
- GM, After 16% Sales Dive, Eases Finance Options
  
  Bloomberg | Jun 23, 08 3:58 PM CDT
  
  (Newser) - General Motors is offering no-interest financing for up to 6 years on a selection of its 2008 automobiles in an effort to boost US sales, which plummeted 16% in May, Bloomberg reports. Soaring gas prices have hurt sales across the board, and falling trade-in values and general tightening of purse-strings have left fewer Americans looking for new cars.

Stories

EU Will Make Airlines Pay to Pollute

Congress Short on Gas, Long on Gasbags

75% Blame Bush for Faltering Economy

Energy Prices Hammer Suburban Housing Market

Yanks Flood Mexico for Cheap Gas

GM, After 16% Sales Dive, Eases Finance Options