gas prices

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Trump Sees Silver Lining in Bad Financial News

Falling oil prices means cheaper gasoline for consumers, he tweets

(Newser) - President Trump suggested Monday that concern over the coronavirus outbreak was overblown. In one of several tweets, he drew comparisons between COVID-19 and the seasonal flu. "So last year 37,000 Americans died from the common Flu," he wrote . "It averages between 27,000 and 70,000...

Trump Congratulates Himself on Falling Gas Prices

''Thank you President T'

(Newser) - President Trump congratulated himself for falling oil prices. He chided the Federal Reserve over interest rates. He claimed Central American countries are trying to dump "certain people" into the United States. Trump's Florida holiday stay came to an end Sunday with a visit to his golf club for...

In Manhattan, Gas Reaches $5 a Gallon

Price at Hell's Kitchen station is way higher than the national average, however

(Newser) - $5 gas? It was a reality at at least one station in the US on Tuesday, specifically at a Mobil station in Manhattan's Hell's Kitchen, reports Fox5NY . Technically, the price hit $4.999. That's higher than the $3.18 average in New York City overall, according to...

This Will Be the Priciest Driving Season Since 2014

US daily national average for regular gasoline hits $2.81 per gallon

(Newser) - Get ready for a little bit more pain at the pump this summer. Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way, the AP reports. The US daily national average for regular gasoline is...

Harvey Is Bad News for Nation&#39;s Drivers
Harvey Is Bad News
for Nation's Drivers
the rundown
Aug 31, 2017 1:26 PM CDT

Harvey Is Bad News for Nation's Drivers

What you need to know about gas prices, availability

(Newser) - Hurricane Harvey has devastated Texas, and it's also bringing bad news for drivers across the nation. Harvey's impact on the Gulf Coast caused several major refineries and a key gasoline pipeline to shut down, the AP reports. What that means:
  • Prices are on the rise: Per GasBuddy , the
...

'Dramatic Turnaround' Projected for Gas Prices

Prices projected to be lower July 4 than on Jan. 1

(Newser) - In what USA Today calls a "stunning" moment for analysts, gas prices are projected to be lower on the Fourth of July than they were on New Year's Day. That's the first time consumer data tool GasBuddy has made such a projection in its 17 years (the...

Rumors Swirl as Gas Shortage Hits N. Korea

Beijing may have tightened supply

(Newser) - An acute shortage of gasoline in the North Korean capital of Pyongyang that has sparked price hikes and hoarding is raising fears of potentially crippling pain at the pumps if things don't get better soon—and driving rumors that China is to blame. The shortage, which is extremely unusual...

Southeast Braces for Gas-Price Spike
Southeast Braces
for Gas-Price Spike
Sep 16, 2016 12:17 PM CDT

Southeast Braces for Gas-Price Spike

Thanks to major spill that shut down part of Texas-to-NY pipeline

(Newser) - In what's being called a supply "red alert," a part of the Colonial Pipeline that transports gas from Houston to New York—serving about 50 million people in 13 states daily, per CNN and the Wall Street Journal —has been shut down since Sept. 9, when...

Driver Fills Gas Tank for Just 26 Cents

Ohio gas station blames price war, computer glitch

(Newser) - A computer glitch led to a brief price war between two gas stations in northwest Ohio, allowing some drivers to fill their tanks for pennies per gallon, the AP reports. According to WTOL-TV , a computer malfunction dropped prices at one north Toledo gas station, and another across the street lowered...

$1 Gas Could Soon Be Reality in Some US States

Not you, California

(Newser) - You're not imagining things: Gas prices could soon fall as low as $1 per gallon at some US gas stations, USA Today reports. Some Midwest states—Michigan, Wisconsin, Illinois, Minnesota, North Dakota, Oklahoma, Indiana, Ohio, and Kansas—are already seeing the lowest prices in 12 years. And one in...

There Was Sub-$1 Gas in America on Sunday

Price war results in milestone levels, at least temporarily, in Houghton Lake, Michigan

(Newser) - It didn't last long, but some residents in Northern Michigan saw gas prices drop below $1 on Sunday. The site GasBuddy.com first picked up on the news at several stations in Houghton Lake, where an apparent price war temporarily drove prices below the milestone level, reports WXYZ . "...

Oil Prices Dive to Lowest Since 2003

Analysts blame fall on Iran's return to market

(Newser) - The price of a barrel of oil has dived to its lowest since the days when Facebook didn't exist and most Americans had never heard of Fallujah. The fall to prices not seen since 2003 came after Western nations dropped sanctions against Iran on Saturday, causing analysts to worry...

Why This Could Be Your Best Labor Day in 11 Years

Holiday gas prices are lowest since 2004

(Newser) - Good news, holiday travelers: While you're stuck in Labor Day traffic, you'll be spending less on gas than you have since 2004, the New York Times reports. Yesterday, the national average gas price was $2.42 per gallon. That's nine cents less than last week and more...

Workers in 'Panic Mode' Over Low Price of Oil

Oil rigs have shut down, leaving well-paid degree-less workers short on options

(Newser) - Countries around the world continue to be impacted in various ways from the oil price crash over the last year, and there's one demographic that's definitely feeling the negative effects: oil workers now out of jobs that were "more or less an economic lottery ticket for an...

Good News for Your Summer Road Trip

Lowest prices in 6 years are predicted—a $2.45-per-gallon average

(Newser) - Not since 2009 have we seen the gas prices that industry experts are expecting this summer driving season—but in a good way. Per a US Energy Department forecast , gas will cost an average of $2.45 for a gallon of regular between April and September, typically the nation's...

Gas Falls Below $2 a Gallon

Prices have dropped for 120 straight days

(Newser) - At some point this will end, perhaps even soon. The price of gasoline will not fall to zero. But for the first time since 2009, most Americans are paying less than $2 a gallon. Just three months ago experts were shocked when it fell under $3. "It's crazy,...

Are Gas Prices in Wisconsin ... Too Low?

State investigates whether gas stations broke law with $3.39-per-gallon price

(Newser) - Is it even possible for gas prices to be too low? Wisconsin says yes, and state authorities have stepped in to investigate after a month-long price war between local gas stations in Oconto County saw four stations offering prices as low as $3.39 a gallon this past week—nearly...

Retailers: Payroll Tax Hit Is Going to Hurt

Nearly half of consumers say they'll spend less: survey

(Newser) - Major retailers are preparing for customers with less cash in their pockets, thanks in part to the newly restored payroll tax, the Wall Street Journal reports. Rising gas prices aren't helping, either. Some 45.7% of consumers plan to spend less in the face of 2% lower take-home pay,...

In Face of Gas Woes, Great News at the Pump

Gas prices falling everywhere else, but crisis persists in worst-hit areas

(Newser) - More steps in the effort to ease the post-Hurricane Sandy fuel crisis: UPI reports that the EPA lifted clean diesel regulations in the New Jersey, Pennsylvania, and NYC area, allowing vehicles to use heating oil for emergency response purposes, while the Energy Department said it was working with the Pentagon...

Gas Prices May Drop 50 Cents
 Gas Prices May Drop 50 Cents 
Oct 20, 2012 9:30 AM CDT

Gas Prices May Drop 50 Cents

Figure an average of $3.35 next month

(Newser) - Expect gas prices to start falling quickly over the next few weeks, reports USA Today . The national average is about $3.72 a gallon—a record high for this time of year—but it's expected to be about $3.35 by late November, thanks to lower demand and rising...

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