In a country where $ 3 /
gallon gas prices are considered cheap, oil companies will never have to sell gas at low prices again.
As a recent study concluded (see recent post), smaller, more fuel efficient cars are the Big Three's best bet at avoiding as much as $ 3.6 billion in lost profits assuming $ 3.10 /
gallon gas prices in Model Year 2010.
Not exact matches
The average
price of unleaded
gas was $ 3.28 per
gallon as of Dec. 6, according to AAA's Daily Fuel Gauge Report.
According to gasbuddy.com a
gallon of
gas in Washington, D.C. carries an average
price of $ 2.53 per
gallon.
U.S.
gas prices were then soaring toward $ 3 a
gallon, and climate change was looking like an ever more dire threat.
Nationwide, the average
price for a
gallon of
gas is $ 2.24, down from $ 2.28 last week.
per
gallon increase in U.S.
gas prices.
Gas prices at the pump skyrocket, with the national average rising 7 cents per
gallon, and more gains expected over the Labor Day weekend.
Ford «thought
gas prices were going to go to $ 6 or $ 8
gallon, and therefore having a couple miles per
gallon more would be a big market - share mover that consumers would pay for,» said Brian Johnson, a financial analyst at Barclays Capital.
Gas stations are struggling to keep up with demand, driving gas prices in Florida up to $ 2.71 a gall
Gas stations are struggling to keep up with demand, driving
gas prices in Florida up to $ 2.71 a gall
gas prices in Florida up to $ 2.71 a
gallon.
Across the United States, the American Automobile Association reports,
gas prices are down just 12 cents a
gallon since the beginning of August.
Today, a post has been making the rounds which claims that the Keystone XL pipeline would raise
gas prices in the US Midwest by, «20 to 40 cents per
gallon, based on the $ 20 to $ 30 per barrel discount on Canadian crude oil that Keystone XL developers seek to erase.»
The U.S. average retail
price for a
gallon of
gas is approaching a point where at least one analyst said last year there may be economic consequences.
Despite huge gains in oil production, the average
price of a
gallon of
gas in the US has set a new record high in each of the last two years.
Although Wisconsin drivers have a higher
gas tax — 32.9 cents per
gallon — that goes to the state,
gas prices here are lower than the national average.
Florida was one of seven states to raise
gas tax
prices in 2017 — overall, Florida's
gas tax is also one of the highest in the country at 34.77 cents per
gallon,
priced to restore and maintain the state's aging infrastructure.
Like Alabama, Minnesota has lower
gas prices and a lower
gas tax — 28.5 cents per
gallon.
The higher
gas prices in Washington are driven by the state's
gas tax, which is 49 cents per
gallon.
Although the state had a modest increase in its
gas tax in 2017 — less than 1 cent per
gallon — it is crude oil
prices and natural disasters that determine
pricing overall.
The state also has one of the higher state
gas taxes in the nation at over 37 cents per
gallon, which also affects
prices for New Jersey drivers.
Hawaii's statewide record
price for
gas was set in April 2012, when a
gallon of regular unleaded averaged $ 4.62.
New York's
gas prices are in large part driven by its high taxes — the
gas tax rose to over 43 cents per
gallon in 2017.
Currently, the average
price of
gas in the Peace Garden State is well below its highest recorded average in 2013 of $ 4.24 per
gallon.
The
price of a
gallon of
gas reached a three - year high last week and is poised to climb even higher in the next couple of weeks, thanks to rising oil
prices and seasonal trends.
The national average retail
price of regular
gas hit a four - month high of $ 3.78 a
gallon toward the end of February, according to Energy Information Administration data, up almost 15 % from the start of the year.
Gas prices remained in a holding pattern over the past week but could drop 5 to 15 cents a
gallon over the next six weeks as winter keeps demand low throughout most of the country, travel club AAA said.
If you shop at Costco, the Costco Anywhere Visa ® Card may be the best credit card for you, since it combines a great
gas rewards rate of 4 % with some of the lowest gasoline
prices per
gallon.
Or when a Al Gore fan declares that he or she wants
gas prices to go to 5 dollars a
gallon so that people will drive less.
We
price shop to save 5 cents a
gallon on
gas and smart bettors are just as
price sensitive with sports betting.
With
gas prices hovering around 4 dollars a
gallon, and the cost of everything, from groceries to restaurants, having a child, or two or three, playing on sports travel team is becoming a luxury many American families can no longer afford.
With
gas prices hitting or exceeding $ 4 a
gallon, trips to the museum, zoo, beach and other local attractions have become harder for families to afford.
Gas prices on Long Island could rise 3 cents to 5 cents per
gallon daily for the next week as the Gulf Coast cleans up after devastating flooding from Hurricane Harvey, an industry analyst said.
What will the
price of a
gallon of
gas be by Memorial Day?
Gas prices on Long Island could rise 3 cents to 5 cents per
gallon daily for the next week as the Gulf Coast cleans up after devastating flooding from Hurricane Harvey, an industry analyst said Thursday.
According to a recent report by the New York State Energy Research and Development Authority,
gas in the Utica - Rome area was selling for an average of $ 3.24 a
gallon, which was the third highest
price in the state.
But the script accuses Higgins of being «so detached from reality that while families in New York are forced to pay more than $ 3.70 a
gallon, Higgins has been in Washington supporting big - government policies that lead to higher
gas prices and restrain the production of American - made energy.»
For the first time since 2009,
gas prices at a few scattered locations in and around Buffalo have fallen below $ 2 a
gallon.
Gas prices could shoot up as much as 25 cents a
gallon to $ 3.28 locally on the heels of President Trump's announcement Tuesday the US would pull out of the...
But with the decline in
prices since, options that worked with $ 4 a
gallon gas aren't competitive with $ 2.40 a
gallon gas.
When he last spoke about rising fuel costs throughout New York in April, the average
price for a gallon of regular gas was $ 4.15, according to data provided by the Oil Price Information -LSB
price for a
gallon of regular
gas was $ 4.15, according to data provided by the Oil
Price Information -LSB
Price Information -LSB-...]
The average
price for a
gallon of
gas in Ohio remains above $ 3.
This year alone,
gas prices have increased by 62 cents a
gallon.
In the winter months, when there are fewer drivers on the roads and refineries are typically finished with autumn maintenance,
gas prices could dip below $ 2 per
gallon by Christmas, AAA said in an August report.
CARS Thirty years ago, during the Iranian hostage crisis,
gas prices shot up to a then astronomical $ 1 a
gallon.
Crude oil and retail
gas hit record high
prices last week — more than $ 135 a barrel and $ 3.83 for an average
gallon of regular.
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million
gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural
gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural
gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural
gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft
price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market
price» Hard»
price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
February 29, 2012 • Industry analysts say oil
prices rose ten dollars a
gallon in February, driving up
gas prices at the pump.
In some parts of the country, like San Diego (above),
gas prices are above $ 4 a
gallon.
Gas is under $ 2 a
gallon across much of the country and the
price is expected to remain low next year.
Small, budget - friendly cars and the 40 - mpg fuel - efficiency barrier are on the minds of many people, what with
gas prices trampolining around the $ 4 - per -
gallon mark and the economy very slowly recovering from grim times.