Gasoline prices normally rise in late spring and stay high through the summer, but this year they appear likely to keep falling.
Iran
Gas Prices Already Top $4 a Gallon in Three States
Consumers have been warned to expect a gallon of regular to cost $4 by springtime. For drivers in three states, four bucks or more per gallon is already a reality.
Curious CapitalistEconomy & Policy
How Chinese Energy Politics Will Reshape the Middle East
China’s going to import a lot more oil from Iran and the Arab world over the next two decades. America will import far less. Those two facts will profoundly change the geopolitics of the Middle East.
Gas Price Hike: Expect $4 a Gallon—or Perhaps $6—By Spring
The national average for a gallon of regular is about $3.50 right now. That’s significantly below the highest ever (yet) price of $4.11, hit during the summer of 2008. Nonetheless, 2011 was the overall priciest year ever for …
Will Tensions With Iran Really Push Gasoline to $5 a Gallon?
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.
U.S. Stocks Rise on Strong Economic Data; Oil Jumps on Iran Threat
U.S. stock prices jumped higher on the first trading day of 2012 after new economic data showed gains in construction and manufacturing activity. Meanwhile, oil prices surged amid escalating tensions between the U.S. and Iran, …
