Archive for the ‘Oil Prices’ Category

Another Day, Another Record For Gas Prices

Thursday, May 22nd, 2008

At some point, gasoline prices will stop rising. Right? For the 16th consecutive day, the national average price for a gallon of regular unleaded gasoline has closed at a higher price than the previous day. The national average gas price is now up to $3.88 per gallon, which is roughly 10% ...

Connecticut is First $4 Gas State

Monday, May 12th, 2008

For the first time in history, America has a state with an average gasoline price above $4 per gallon. To the surprise of many, the first state to $4 wasn't California, or even another West Coast state - instead, the dubious honor of being the first state with $4 ...

Out of Oil? Welcome to the Brave New World.

Monday, April 28th, 2008

Unless you've been able to avoid the news for the last two years, you're probably well aware of the fact that the price of crude oil has been on a strong and steady climb. While there are some economists who claim that the major factors behind the dramatic increase in price ...

Gas Above $3.50, Oil Nears $120

Tuesday, April 22nd, 2008

The price of oil and gasoline continue to hit record highs with each passing day and, unfortunately, it doesn't appear as if there is any possibility of relief in the near future. Today, the price of a barrel of crude oil closed at nearly $120, while the price of a gallon ...

Who Do We Blame for High Gasoline Prices?

Sunday, April 6th, 2008

As gasoline prices have increased over the last several years - for example, right now gas prices are 19% higher than what they were one year ago - many Americans have searched high and low to pinpoint who or what is to blame. Is it the evil empire of Big Oil? ...