Gasoline prices

Gasoline prices

Where will gasoline prices go, up seems to be the only direction lately. $3.50 may soon look like a discount. Share analysis of trends in gasoline prices and the business and political pressure that's pushing up the cost of fuel.

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A group of ethanol and corn producers from South Dakota have launched a new advertising campaign to encourage supporters to “ Sign Up for Ethanol .” The ads highlight the role of ethanol in increased energy security, economic development and decreased gas prices. The first ad in the series shows how domestically-produced fuel helps to create energy security by not investing our country’s dollars into fuel produced in hostile countries, thousands of miles away. Other ads in the series highlight the role ethanol is playing in lowering gas prices for consumers, and the impact the ethanol industry is having on our domestic economy. Source: ... Read Full Story
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The American Diabetes Association has launched a new interactive tool on its Web site designed to help consumers better understand the nutritional compromises of food choices. The new tool, MyFoodAdvisor, assesses foods for 22 different nutrients, suggests alternatives and analyzes the overall health benefits of foods. Portion sizes are standardized, based on American Diabetes Association and American Dietetic Association exchange lists, so that all carbohydrate-containing foods are in servings of about 15 grams of carbs. The online tool is designed for individuals combating diabetes, heart disease, kidney disease and obesity. It allows users to browse by food category, or search specific items; save recipes ... Read Full Story
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In the aftermath of Hurricane Ike, gas prices have risen sharply. Many suspect gas price gouging by the oil companies are the reason for the sudden prices. In just one example shown on CNN , gas prices at one station rose to $4.99 a gallon, a jump of $1.50 in just one day. President Bush spoke out this weekend to pledge support for keeping prices legal: "In the meantime, the Department of Energy, the Federal Trade Commission, and I know state authorities will be monitoring gasoline prices to make sure consumers are not being gouged, make sure consumers are being treated fairly. " The ... Read Full Story
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Gas prices jumped nearly 19 cents on fears of shortages caused by Hurricane Ike. The average retail gas price increased to $3.835 this week, up $1.04 from a year ago at this same time. The average price of diesel also remains high at $4.03 a gallon, up nearly $1.06 cents a gallon from a year ago. The petroleum industry's pricing model is "Up like a rocket, down like a feather". So no one should expect to see prices come down anytime soon. Most likely, this is just a new plateau so that motorists will be happy to see such a "low price" like $3.75 ... Read Full Story
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Despite June’s severe flooding in the Midwest, U.S. farmers are on pace to produce the second largest corn crop, according to the Crop Production report released today by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS). Corn production is forecast at 12.3 billion bushels, down 6 percent from last year’s record, but up 17 percent from 2006. Based on conditions as of August 1, corn yields are expected to average 155 bushels per acre, up 3.9 bushels from last year. If realized, this would be the second highest corn yield on record, behind 2004. Growers are expected to harvest 79.3 million acres ... Read Full Story
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A New Record

Gas price picture

A New Record

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Seriously, when will you buy a hybrid?
2 votes so far
Leader:
When gas hits $5.00 a gallon
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New York TimesTrust and the Interior DepartmentNew York TimesHe announced his intention to kill a scandal-ridden oil and gas royalty program that had cheated taxpayers of millions of dollars through corruption and ...Government to stop taking oil, natural gas for royaltiesHouston ChronicleUS to replace oil and natgas royalty-in-kind schemeReutersInterior ends troubled oil royalty programThe Associated PressBloomberg -Los Angeles Times -Wall...  
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Examiner.comAlaska Gov Says Gas Pipeline Competitors Should Work TogetherWall Street JournalThe project has been criticized by a small but vocal group of lawmakers who are concerned that low natural gas prices and healthy gas supplies in the lower ...Gas pipeline project faces 'fierce' competitionThe Associated PressNative land claims in Canada part of gas pipeline negotiationsKTUUParnell says he'll tackle state budget planning with...  
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BBC NewsOil firm 'settles' toxic waste caseAljazeera.netOil-trading company Trafigura has said it has reached a settlement with 31000 people in Ivory Coast who claimed they were made ill by toxic waste dumped ...FACTBOX-Trafigura, 3rd largest independent oil traderReuters IndiaOil Trading Firm Settles in Ivory Coast CaseToTheCenter.com (blog)UK Oil trader settles toxic waste dumping suitPRESS TVBBC News -AFP -Bloombergall 669 news articles »  
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Consumer AffairsDenver gas price drops 2.6 cents in a weekBizjournals.comNationwide, regular gas cost an average of $2.55 Friday, down 3 cents from a week earlier. The Fuel Gauge Report is compiled for the AAA by the Oil Price ...Gas prices hit high point, then back downBizjournals.comHouston continues gas price hot streakBizjournals.comall 61 news articles »  
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Dragon Oil to request takeover bid rulingReutersLONDON (Reuters) - Dragon Oil (DGO.L) is to ask the Irish Takeover Panel to issue an ultimatum to the oil explorer's largest shareholder, Emirates National ...and more »  
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Putin to meet global majors on Yamal gas projectsReutersMOSCOW (Reuters) - Russian Prime Minister Vladimir Putin will next week hold a meeting on how to tap giant gas ...and more »  
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