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.
The higher price of gas will affect more than just the cost of food and consumer goods. Now higher fuel costs are going postal. On Monday, May 12, 2008, the US Postal Service (USPS) will raise postage prices. The cost to mail a U.S. First Class one-ounce letter will increase to 42 cents while the postcard will increase to 27 cents. This postage increase covers higher operating expenses. USPS has incurred higher operating costs due to rapidly escalating fuel prices, as well as rising...
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By Chris Haak 07.18.2007 A Reuters/Zogby poll released today concluded that 40% of Americans would curb their driving habits if gas reached $3.50 per gallon. Somehow, I do not believe this. It's not that I am disputing the poll or its methodology; I dispute that Americans know what they are talking about with gas prices and how they will behave. Gas prices in late May were already at an average of $3.23 per gallon nationwide. Assuming 22.5 miles per gallon combined economy and 15,000 miles...
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The average price of gas jumped again this week to $4.11. This is up about 2 cents and up $1.13 from a year ago at this time. Diesel prices fared even worse climbing up over 8 cents to $4.72 a gallon, up $1.87 from a year ago at this same time. These price increases come as businesses and consumers struggle to pay for higher fuel costs. Businesses continue to pass along "fuel charges" to customers and consumers are tightening their budgets and forgoing discretionary purchases. Source...
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Republican John McCain on Wednesday credited the recent $10-a-barrel drop in the price of oil to President Bush's lifting of a presidential ban on offshore drilling, an action he has been advocating in his ...
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Obama defends plans for direct talks with Iran; McCain campaign says Obama is backtracking ... McCain credits Bush for drop in oil and gas prices ... Economy top issue, but energy concerns grow in AP-Ipsos poll ...
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On Tuesday, Rep. Jim McDermott , chairman of the Ways and Means Subcommittee on Income Security and Family Support, introduced legislation to provide financial assistance to vulnerable Americans struggling to ...
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Rep. Todd Tiahrt, R-Goddard, said at a press event Monday that gas prices could drop dramatically if America increased its domestic oil drilling and expanded oil refineries.
- Enough is Enough on FISA (blog.thehill.com)
- Tiahrt secures $6.8 million for McConnell (news.search.yahoo.com)
Food boxes sit ready to be picked up at the Bryant Senior Activity Center Tuesday for seniors trying to make ends meet due to high food and fuel prices.
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High global oil prices and slowing growth in China's air passenger traffic have increased speculation the government may encourage restructuring in the industry.
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Connecticut is third in the nation when it comes to public policies that help reduce oil dependence and, because of affluent Fairfield County, it is the least vulnerable for continued oil "addiction," according ...
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Link: Fuel costs strain U.S. mass transit, too Michael B. Farrell csmonitor.com July 18, 2008 ..."High gas prices are really a double-edge sword," says Virginia Miller, spokeswoman for the American Public ...
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Republican presidential candidate John McCain is launching a new television ad that blames Democratic rival Barack Obama for rising gasoline prices.
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Oil prices edged up Monday, briefly topping $130 a barrel on concerns that the threat of new sanctions against Iran over its nuclear program may escalate tensions in the oil-rich Middle East.
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