Conflict with Iran could send the price of oil soaring and push gasoline prices to $5 a gallon, according to analysts. Here’s how to assess the chances that will happen.
gas
Look for Gas Prices to Hit $4 a Gallon by Summer, If Not Sooner
The priciest year ever for gasoline has just ended. In 2011, the average gallon sold for an all-time high of over $3.50, and the average household spent $4,155 gassing up their vehicles—also a record. And if you were hoping for …
The 5 Items That Will Get Cheaper in 2012
Here are five consumer items that will get cheaper and five that will get more expensive as the new year wears on
2011 Is Priciest Year Ever for Gasoline: $3.53 Per Gallon, Over $4K Spent Per Household
By the time 2011 ends, the typical U.S. household will have spent $4,155 gassing up their vehicles. That’s one out of every $12 of median household income—the highest proportion for filling up in three decades.
Gas Prices Sit at All-Time Highs for This Time of Year
While the price at the pump has fluctuated in recent months—falling sharply one week, creeping back up the next—drivers are paying less for gas than they did in the spring and summer of 2011. They’re also paying much less …
We Pay More to Drive Than We Spend on Taxes
By the time the costs of gas, insurance, tolls, parking, and car payments are added up, the average American family spends more on driving than on health insurance or taxes. And for the bulk of society—those who use cars every …
Walmart Extends 10¢ Discount on Gas Through the Winter Shopping Season
Over the summer, while gas prices remained stubbornly high, Walmart introduced a new promotion aimed to lessen the financial burden of driving to, well, Walmart, among other places. The promotion, which knocked a dime off the price of a gallon of gas, was supposed to expire at the end of September. But now Walmart’s extended the offer …
Gas Prices Finally Start Dropping as Predicted
The price at the pump was supposed to be a heckuvalot cheaper by now. In early August, gas prices appeared poised to plummet, with experts forecasting the national average for a gallon of regular would decrease by 1¢ per day. …
How to Drive 1,418 Miles on a Single Tank of Gas
The 2011 Kia Optima Hybrid is estimated to get a solid 40 mpg on the highway. But a team of “hypermiling” specialists—who utilize special driving techniques to boost a vehicle’s fuel economy—just finished a trip through every …
What Happened? Gas Prices Were Supposed to Be 30¢ a Gallon Cheaper By Now
A month ago, with crude oil prices plummeting and the economy pointing to weak demand, conditions seemed primed for a significant drop in gas prices for consumers. The experts predicted that by mid-September, the national average …
So Are Gas Prices Going to Keep Falling or What?
Drivers were told that the price at the pump would steadily keep dropping throughout late summer and fall. Then, suddenly, the much-welcomed decline in prices stopped. What happened?
12 Things You Should Stop Buying Now
There’s no shortage of experts offering advice about where to buy things and how to score the best deals. But sometimes, shopping smarter means not buying at all. As satisfying as it might feel to get a great deal, sometimes the …
