Tag Archives: fuel prices

High Fuel Prices Having Little Impact on Vehicle Choice?

Rising fuel prices are having little effect on the type of vehicles U.S. buyers are considering. This latest research conundrum comes from consultancy AutoPacific, which claims that while drivers are complaining about fuel costs, the choice of a future vehicle appears decoupled from them. Continue reading

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U.S. Oil Imports Declining Since 2005 Peak. It’s Not All Good

There are several problems with the imported oil numbers since oil is mostly imported as crude, an unrefined product, but is consumed as a refined product. In between there is refinery gain – yes, gain – whereby more comes out of the process of splitting heavier oils into lighter ones. Continue reading

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Big Oil has Big Day in U.S. Senate as Tax Breaks are Intact

Energy industry tax breaks will not however go away as a contentious political issue anytime soon with a soaring U.S. budget deficit that now requires borrowing 41 cents of every dollar spent, and gasoline prices at $4-$5 a gallon making voters angry. Continue reading

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U.S. Gasoline, Diesel Prices Move Higher, Setting May Record

The U.S. average retail price of regular gasoline added more than 8 cents over the last week to tally $3.96 per gallon.

This is $1.07 per gallon higher than last year at this time and is the highest price in May since the U.S. Energy Information Agency began tracking weekly data in 1990 as if drivers need the federal government telling them what they are paying – painfully – at the pump. Continue reading

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Pork Update – USDA and DOE Award $47 Million in Taxpayer Dollars for Biomass Research to Special Interests

U.S. Agriculture Secretary Tom Vilsack and U.S. Energy Secretary Steven Chu have announced that $47 million in taxpayer dollars will be diverted to fund eight research and development projects to support the production of biofuels, bioenergy and biobased products from … Continue reading

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Gasoline Prices Rise for Fifth Straight Week, Diesel Price Falls

The U.S. average retail price of regular gasoline increased three and a half cents from last week to $3.88 per gallon, according to the U.S. Energy Information Administration.

This is $1.03 per gallon higher than last year at this time and is the highest price in April since the Energy Information Administration began tracking weekly data in 1990. Continue reading

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Don’t Run a Gas Tank Dry – It Can Cost More than $4 Gallon

It’s a bad strategy, particularly if you run out of gas and get stranded. Here your problems and expenses might just be beginning as costly repair bills can ensue. Continue reading

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Survey Finds Most Buyers Won’t Downsize With Next Vehicle Purchase. Trouble for Automakers facing 35.5 mpg CAFE?

Offsetting the downsizing trend are 19% of respondents who said they plan to buy a larger vehicle. How this all sorts out in the marketplace is a complicated issue for automakers, who need to average 35.5 mpg by 2016, with cars needing to average 42 mpg. Continue reading

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Free AAA App lets Motorists Compare Gasoline Prices

AAA has a new Apple iPhone app that it says can save time comparing gasoline prices. The so called AAA TripTik Mobile feature is said to be the first app to offer access to frequently updated gasoline prices. Continue reading

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