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May Fuel Update: Prices Spike Again Across the Nation
Fuel prices have risen in all 50 states, with the average increasing by almost 39 cents.
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SEARCHMENUSEARCHFuel prices have risen in all 50 states, with the average increasing by almost 39 cents.
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LOS ANGELES --- Southern California gas prices posted their first net weekly Friday-to-Friday increase in six months, according to the Automobile Club of Southern California's Weekend Gas Watch.
Read More →NEW YORK --- Crude oil on Monday fell more than $2 a barrel on speculation that OPEC will fail to boost prices as the global recession continues to curb demand, Bloomberg reported.
Read More →OCALA, FL – Mark Andrews, former fleet manager for ClosetMaid, was arrested Dec. 19 for allegedly bilking the company out of more than a half-million dollars, according to a Florida Department of Law Enforcement report.
Read More →WASHINGTON, D.C. --- The downward trend of the past 13 weeks continued as the national average price for regular gasoline slipped 4 cents to $1.659 per gallon, the Energy Information Administration reported on Dec. 17.
Read More →NEW YORK --- The Organization of Petroleum Exporting Countries is expected to lower output targets by at least 2 million barrels a day, or 7.3 percent, when its members meet Dec. 17, according to 18 of 33 analysts surveyed by Bloomberg.
Read More →WASHINGTON, D.C. --- Motor gasoline consumption in 2008 is projected to decline 320,000 barrels per day (bbl/d), or 3.4 percent, from 2007, according to the Short-Term Energy Outlook, released Dec. 9 by the Energy Information Administration (EIA).
Read More →WASHINGTON, D.C. --- Americans drove more than 100 billion fewer miles between November 2007 and October 2008 than the same period a year earlier, making it the largest continuous decline in American driving in history.
Read More →WASHINGTON, D.C. --- The national average price of regular gasoline dropped 11.2 cents to $1.699 per gallon, $1.301 below the price a year ago and the lowest price since Feb. 23, 2004, according to the Energy Information Administration's weekly report issued Dec. 10.
Read More →NEW YORK --- The national average price for self-serve, regular unleaded gas, weighted by state, was $1.7526 a gallon on Dec. 5, the lowest price since March 2004 when it was $1.7382, Reuters reported.
Read More →NEW YORK --- Oil prices rebounded from four-year lows and rose above $43 a barrel Monday as OPEC floated the option of a "severe" production cut and several countries announced new plans to stimulate their economies.
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