Monday, November 3rd, 2008
Over the past four months, we've seen an unprecedented decline in the price of gasoline. After hitting its record high of $4.12 on July 14, the national average price of gas has fallen over 40%, and now stands at $2.40 per gallon.
The last time gas prices were this low was ...
Posted in Gas Prices | 9 Comments »
Saturday, October 25th, 2008
For the first time in what feels like forever, the price of gasoline is less expensive than it was exactly a year ago.
While this would usually be reason for joy, it appears that the major factor behind the significant decline in the prices of oil and gasoline is the rapidly ...
Posted in Gas Prices, Oil Prices | 23 Comments »
Tuesday, September 23rd, 2008
Here we go again.
Thanks to uncertainty regarding the proposed U.S. Government bailout of the financial sector (which, by the way, is looking more like a band-aid on a bullet wound), the dollar having its single worst day against the euro and other currencies, and commodity traders covering their short sales, ...
Posted in Alternative Fuels, Gas Prices, Oil Prices | 2 Comments »
Wednesday, September 3rd, 2008
Over the span of the past 18 months, the national average price of gasoline has jumped from a low of $2.13 per gallon (February 2007) to a high of $4.12 (July 2008), back down to today's current price of $3.69.
While the price decline over the past two months has come ...
Posted in Drive Less | No Comments »
Wednesday, August 20th, 2008
The price of crude oil climbed slightly higher today - up 45 cents to end the trading day at $114.98 - based largely on a U.S. government report which showed a larger than expected weekly drop in gasoline stockpiles.
According to an article published on CNNMoney.com, gasoline inventories fell by over ...
Posted in Gas Prices | 3 Comments »