Gasoline prices have fallen nearly 40 cents a gallon from their record highs after 34 straight days of declines, according to a daily survey released Wednesday.
The price of retail gasoline fell for the 33rd consecutive day, according to a daily survey of gas station credit card swipes on Tuesday, which brought the national average down more than 9% from a record high hit last month.
Gas prices are expected to keep up their record rise this spring, soaring well past $4 a gallon in some areas. Now Congress wants to know what to do about it.
The price of retail gasoline fell for the 32nd straight day, a daily survey of gas station credit card swipes showed Monday, bringing the nationwide average down 9% from an all-time hit last month.
Prices soared in July on the back of record oil. Now, after witnessing the sharp drop in the cost of crude, Americans are hoping for relief in August. They may be sorely disappointed.
Americans drove 12.2 billion miles fewer, or 4.7% less, in June than they did during June 2007, according to a report released Wednesday from the U.S. Department of Transportation.
Gasoline prices have fallen nearly 40 cents a gallon from their record highs after 34 straight days of declines, according to a daily survey released Wednesday.
The price of retail gasoline fell for the 33rd consecutive day, according to a daily survey of gas station credit card swipes on Tuesday, which brought the national average down more than 9% from a record high hit last month.
Gas prices are expected to keep up their record rise this spring, soaring well past $4 a gallon in some areas. Now Congress wants to know what to do about it.
The price of retail gasoline fell for the 32nd straight day, a daily survey of gas station credit card swipes showed Monday, bringing the nationwide average down 9% from an all-time hit last month.
Prices soared in July on the back of record oil. Now, after witnessing the sharp drop in the cost of crude, Americans are hoping for relief in August. They may be sorely disappointed.
Americans drove 12.2 billion miles fewer, or 4.7% less, in June than they did during June 2007, according to a report released Wednesday from the U.S. Department of Transportation.
Retail gasoline prices fell on average almost a penny overnight, extending declines for the 24th straight day, a survey of gas station credit card swipes showed Sunday.
Retail gasoline prices fell more than a penny overnight, extending a downward trend for the 21st straight day, a survey of gas station credit card swipes showed Thursday.
Oil ended Wednesday at the lowest price in more than three months as investors digested a surprise jump in crude stockpiles and continued weakness in demand for gasoline.
Gasoline prices fell for the 20th straight day, pushing the nationwide average down more than 25 cents, according to a survey of gas station credit card swipes released Wednesday.
The price of regular gas fell below $3.90 a gallon as fuel prices fell for the 15th day in a row, a daily survey of gas station credit card swipes showed Friday.
Fuel prices fell for the 14th straight day, with gasoline approaching $3.90 a gallon, a daily survey of gas station credit card swipes showed Thursday.
Regular gas prices at the pump, along with diesel and ethanol, have declined for the 13th straight day, a daily survey of filling station credit card swipes showed Wednesday.
The nationwide average for a gallon of regular gas has declined for the 12th straight day, a daily survey of filling station credit card swipes showed Tuesday.
Gas prices declined for the 11th straight day on Monday, falling to a level not seen since May, according to a nationwide survey of filling station credit card swipes. Other fuel prices also continued to fall.
The average price of gas dropped just barely under $4 a gallon for the first time since the beginning of June, according to a national survey released Sunday.
Gas prices declined for the 9th straight day, falling below $4 a gallon for the first time in seven weeks, according to a nationwide survey Saturday by motorist group AAA.
Gas prices declined for the 8th straight day, nearing a level not seen in seven weeks, according to a nationwide survey Friday of filling station credit card swipes. Other fuel prices also continued to fall.
United Airlines parent UAL Corp. stock soared 68% Tuesday after it reported a second-quarter net loss of $2.7 billion Tuesday due to the soaring price of fuel and announced thousands of new job cuts.
The political vision of a summer gas tax holiday died a quick death in Congress, losing to a view that federal excise taxes on gasoline and diesel fuel will have to go up if they go anywhere
Thousands of layoffs, hundreds of grounded planes and 21 price increases may not have been enough to save the embattled airline industry from the damaging effects of high fuel prices.
Oil prices extended a post-July 4th descent Tuesday - falling more than $9 a barrel over two days - as Iran's president downplayed concerns about possible war in the Middle East and investors anticipated falling demand due to high gasoline prices.
Mikhail Glikberg remembers when he made a decent living as a taxi driver in Boston. He could work a 12-hour shift and take home up to $80 a day after expenses.
Many Americans will watch fireworks at home instead of hitting the road this July 4, according to a new poll released Wednesday, as record gasoline prices force people to make major changes in their daily lives.
When Oliver Muigonade pulled his 28-foot open fisherman alongside the dock to fill up before heading for open water, the pump didn't stop until it hit nearly $800.
Retail gas prices and crude oil futures reached record highs Monday amid a backdrop of Mideast tensions and dollar concerns, but crude ended the day lower.
Fed up with record gas prices, drivers often scapegoat big oil companies for high prices at the pump, but in a recent survey, more Americans directed their scorn towards Washington lawmakers.
Gas prices have fallen for the third consecutive day this week while diesel prices have risen, according to a daily survey released Wednesday by motorist group AAA.
Retail gas prices have slipped, heading slightly lower after climbing late last week, according to a daily survey released Monday by motorist group AAA.
Gas prices have reversed course, heading moderately higher after falling for three consecutive days, according to a daily survey released Friday by motorist group AAA.
Gas prices have fallen for the third day in a row, backing further away from recent highs, according to a daily survey released Thursday by motorist group AAA.
A day after Northwest Airlines announced it was scaling back domestic flights, Delta Air Lines did the same Wednesday -- announcing a 3 percent cut for the second half of 2008.
President Bush and John McCain have both called for lifting a ban on offshore drilling. At a time of soaring gas prices, the idea is popular -- but unlikely to help much
Ever wonder why everything at the grocery store seems to cost more these days? Blame it on, what else? - the price of fuel. The cost of shipping food is skyrocketing. And it's a domino effect from the farmer, to the shippers, to your local restaurants and supermarkets.
Retail gasoline prices have eased for the second day in a row, retreating slightly from their record high, according to a daily survey released Wednesday by auto club AAA.
Continued flooding in Iowa and Illinois - the nation's top two corn-growing states - is inciting fears that the cost of the high-priced crop could soar even further, driving up ethanol and gas prices, too.
As the battered airlines cut flights to save on fuel-related costs, passengers can bid bon voyage to discount flights to sunny vacation destinations like Florida, experts say.
Retail gas prices have risen to yet another record, with half the states in the nation paying more than $4 a gallon on average, auto group AAA's Web site showed Wednesday.
Crude prices lost more than $3 a barrel Tuesday on a strengthened dollar and a report showing increased output from Saudi Arabia and OPEC, while gasoline reached another record high average that stretched above the $4-a-gallon threshold.
Before departing the White House early Monday for a farewell tour of Europe, President Bush stole a page from his predecessor and suggested he feels American consumers' pain.
Oil shed more than $4 off the price of a barrel Monday after a Saudi Minister called for international dialog on prices. Meanwhile, gasoline prices extended their rally over the $4 a gallon barrier.
Oil prices dipped below $122 Wednesday, pushed down by a government report that said supplies of gasoline increased much more than expected last week. But industry experts are mixed as to how long it will be until consumers feel any relief at the pump.
Get ready for higher airfares and get used to those crowded planes as rising oil prices force airlines to face the grim prospects of finding ways to deal with multi-billion dollar fuel bills.
Rising oil and gas prices have lawmakers and consumers scrambling for solutions, but it is unclear whether anything can be done to lower energy costs in the short term, experts say.
Batten down the hatches: hurricane season starts on June 1. It's expected to be a rough one, threatening to upend refineries and disrupt pipelines in the southern United States.
The price that your parents pay to fill up the family car is rising. Ever stop to think about what's behind the price at the pump? Here's a look at where the money goes when you buy a gallon of regular gasoline. (The percentages cited below, which are from the Energy Information Administration, may vary by month. This data is as of April 2008.)
Oil prices dropped below $129 a barrel Tuesday, falling sharply on a growing sense that soaring gas and oil prices have cut demand for fuel during the normally busy summer driving season
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