Archive for the 'Gas Prices' Category

Obama: No 'silver bullet' for gas price pain. GOP says drill more.

The recent rise in the price of gas is pressuring business owners to find ways to protect their earnings. Some of their strategies are simple, such as using GPS devices to track fuel usage. Others are drastic — like moving manufacturing operations to The market for unleaded gasoline responded to the drama in oil-rich Iran, [...]

Gas Prices Annoy Consumers but Don't Dim Outlook Yet

ANNAPOLIS, Md. — Rising gas prices and the need to tackle a tough state budget are creating mounting challenges for Gov. Martin O'Malley's gas tax proposal, lawmakers said Friday, as the governor's chief of staff worked to explain to lawmakers a part ANNAPOLIS, Md. — Rising gas prices and the need to tackle a tough [...]

As Gas Prices Surge, Obama Defends His Energy Policy

Fuel prices are up to $3.59 per gallon nationally and there are growing concerns that they will surpass $4.00 per gallon sometime this year. Fuel and oil prices have surged amidst rising tensions in Iran and if a resolution is not reached quickly, By Jordan Weissmann Thanks to America's overwhelmed oil pipelines, some lucky drivers [...]

Analysis: Can US economy withstand gasoline price curse?

Tensions between America and Iran have yielded global concern, the deployment of thousands of US troops and bickering from foreign policy experts around the world. TOLEDO, OH (WTOL) – Newt Gingrich has made energy independence a central part of his campaign, and a newly released ad set to come out before super Tuesday features his [...]

Gas prices stretching toward $4 a gallon

21 (Bloomberg) — Chesapeake Energy Corp., the second- biggest US natural-gas producer, said fourth-quarter profit more than doubled as the company boosted oil output amid record crude prices. Net income was $429 million, or 63 cents per share, Prices are rising at the pump, and the candidates for President are starting to notice. NY Times: [...]

Gas price spike pumping up fears

By Jim Cramer 02/21/12 – 10:57 AM EST NEW YORK (RealMoney) — Five-dollar gas. I don't know how it can be stopped as long as Iran is meddling and developing nukes, other than through demand destruction. If you go back to 2008, when oil spiked to the AAA says the average price of a gallon [...]

Denver gas prices inch up as national average skyrockets

From the Mercury News: Gas prices surging beyond $4 a gallon — and they will go higher Gasoline prices are rising at an almost unheard-of pace, and painfully so in California, where the cost for a. Gas prices shot up 2 cents overnight after Iran announced Sunday it would stop selling oil to Britain and [...]

Gas price spike pumping up fears

AAA says the average price of a gallon of gas is up 10 cents from a month ago. The average price for a gallon of gas in southern Nevada is now $3.48. Gas prices shoot up all along the West Coast and Canada. The average price of unleaded in Orange County is now $4.06. Southern [...]

Gas prices could soar past $4 this spring, experts say

SEATTLE — The AAA auto club reports the average price of a gallon of gasoline in Washington is $3.64. That's up 11 cents in a week, 17 cents in a month and 29 cents in a year. It's 7 cents higher than the national average. "And I see another 20 or 30 By Katie Leslie [...]