Don’t rev your engines in celebration just yet. But even though Memorial Day is several weeks off, and even though gas prices tend to rise through the onset of summer, some experts are saying that prices at the pump have already …
oil
Why This Time Around, Drivers Aren’t Flipping Out About Rising Gas Prices
When gas prices soared in 2008, protests erupted around the world, and automakers in Detroit had to beg the federal government to bail them out lest they go out of business. Gas prices are soaring again in 2012, yet the auto …
Will High Gas Prices Bring On Another Summer of the ‘Staycation’?
Record-high gas prices have already hit certain parts of the country. The national average is creeping closer and closer to $4 per gallon, with steady increases expected for the months ahead. Soaring fuel costs and consolidation …
Record-High Gas Prices Hit the Midwest, Hawaii—With More Areas to Follow
Where Gas Prices Have Soared Even Higher Than California
California tends to get a lot of the attention in terms of rising gas prices. The state does have the highest prices in the Lower 48, now averaging $4.35 per gallon, up from $3.83 in mid-February. But over the last five or so …
Consumers Are Upset About High Gas Prices—But Not Enough to Stop Shopping
Plenty of drivers are worked up about the cost of gasoline. In a recent survey, 85% of Americans said that the government should take “immediate actions” to rein in fuel prices. But while there’s no denying people are agitated …
$4 Mark for Gas Could Be Reality in Nine States & D.C. This Week
Gas prices have soared in 2012. The national average is currently $3.80—up 50¢ since the beginning of the year, and a rise of 30¢ over the last month. There are now four states where the average gallon of regular has passed …
Gas Prices: More Predictions of $5 Per Gallon by Memorial Day
Most states haven’t hit the $4 mark for a gallon of regular. Nonetheless, gas prices around the country have soared for four weeks in a row, at a pace that would mean $5 per gallon in many states by the start of summer.
Stock Market Deja Vu: Why It Feels Like 2011 All Over Again
Last year was a rollercoaster ride for the stock market. In 2011, the Dow Jones Industrial Average raced to a high of 12,810 in April before skidding to 10,404 in October. Then, in the final three months of the year, the Dow …
Is This Stock Market Rally for Real?
Despite all the problems facing the global economy, the average U.S. stock has doubled from its 2009 lows. So this seems like the time to ask whether share prices have run up too far, too fast.
When Gas Prices Are High, High Car Prices Follow
Three states have already passed the $4-a-gallon mark for gas: Alaska, California, Hawaii. Three more—New York, Connecticut, Oregon—look like they’ll be next. By springtime, $4 is expected to be the average price for a gallon …
Curious CapitalistEconomy
Will High Gas Prices Hurt Obama?
Fears over conflict in the Middle East are pushing gasoline towards the $4 per gallon mark. What will that mean for the presidential elections?