Gas prices
Gas Prices Lower on Average than this Time Last Year
Gas prices are always a hot issue in the summer but with more fuel efficient cars available than ever before consumers are turning keen attention to what they pay at the pump — even though gas is cheaper than it was a year ago.
April Car Sales See Drop in Average Fuel Economy
According to the University of Michigan, the average fuel economy of all the cars sold in April was 23.9 mpg, a 0.2 decrease from March. The study indicates that American car buyers are still conflicted in the showrooms. While many fuel efficient small vehicles celebrated good sales last month, vehicles such as the Jeep Grand Cherokee and…
Will Gas Prices Continue to Fall?
Now however, some analysts believe the global economy shows signs of slowing once again, which will likely cause a drop in oil consumption. An easing situation with Iran is also seen as another factor in the current price decline.
Shelby-Tuned Focus, Fusion Possible: John Luft says
Shelby has been synonymous with the Mustang nameplate since its 2007 re-establishment as Ford‘s halo car producer, but that might be changing soon. It seems the low-volume performance tuner currently best known for the Shelby GT500 is exploring the possibility of tuning other Ford vehicles to maximize performance., according to AutoBlog. We already know that a contract…
Families Spending More on Transportation Than Food: Study
Given that many municipalities have seen their budgets cut in recent years and with the cost of new construction projects and public transportation initiatives, it is unlikely we’ll see any improvements to the situation soon.
East Coast Gas Prices Could Spike due to Shortage
As if it wasn’t bad enough that analysts are reporting that gas prices will hit an all-time high this summer with a potential of hitting an average of $3.90 per gallon, reports are now coming in that East Coast gas prices may spike due to refineries closing. “There are going to be logistical problems getting product…
Shelby GT500 to Remain in 2014 Mustang Line
Oil barons chuckle and while most of us cringe at gas making the $4 gallon mark. Studies and announcements are abound that climbing fuel prices are herding people like sheep into buying compact cars. So where do gas-suckers like the Shelby GT500 fit in? Right where they did every other year, at least according to Shelby…
Top 10 Most Expensive Vehicles to Fill Up
Gas prices might not have hit the budget-busting $5/gallon yet, but drivers are already feeling the pinch. Consumer Reports has exposed a list of the top 10 most expensive vehicles to fill up. All prices are based on the average fuel price in the United States. First on our top 10 is the Lincoln Navigator…
Chrysler, Ford US Sales at Highest Level in Four Years
A number of analysts believe the growth in auto sales last month can be partly attributed to this year’s unseasonably mild winter, which had consumers flocking to dealers earlier than the traditional spring selling season; other factors include a plethora of new models hitting the streets as well as lower unemployment statistics and easier access...
Gas Prices Reach an Average of $3.90 Per Gallon
That said, according to the Bureau of Economic Analysis, most Americans are spending less on fuel today than they did a generation ago, with 3.7 percent of national spending going to gasoline, as opposed to around 5 percent in the early 1980s.
Fiat Experiences Best Sales to Date in US
Funny little Italian cars are finally coming into vogue, or so it seems after Fiat reported its best month of U.S. sales to date in February. “I’m holding my breath, but to beat February would be a big, big win for us,” Fiat brand head Timothy Kuniskis told the Detroit Free Press. With 3,227 units sold last month,…
Gas Price Hikes Don’t Justify a New Car
Gas prices always hit a spike in the summer, and this year is shaping up to be a doozy with prices likely to pass $4.00 per gallon by Memorial Day. With fuel costs jumping to such dramatic heights, it might feel like a logical decision to jump ship on your current car for something less…
One in Three Americans Sacrifice Something to Afford Gas, Survey Says
It’s another tough season for gas prices. How are you coping with the rising prices? According to a survey by CouponCabin.com one third of Americans have to give up some personal amenities in order to keep their cars on the road. The survey conducted over two days in March, was answered by 2,254 Americans, and…
Analysts Say That Rising Gas Prices Are Changing Driver Habits
Gas prices affect a lot of decisions in the automotive industry. Earlier reports had car buyers paying more attention to fuel economy, and the car industry looking for more fuel efficient solutions for vehicles. However, new reports are surfacing that show how higher gas prices could affect the driving habits of different age groups. BIGinsights’…
Gas Prices to Hit Record Highs This Summer, Analysts Say
Gas prices traditionally jump in the summer, but this year, global politics could send the price at the pumps to record highs. According to several industry analysts, a possible conflict between Israel and Iran could send crude oil prices to above $200 per barrel, which will be reflected in a significant hike at the pumps. Gas…
United States Paying $400/Gallon For Gas In Afghanistan [Video]
Reports are coming in that the United States is paying upwards of $400 per gallon of fuel delivered to troops on the ground, that’s a whooping 100 times more than we pay. Of course that’s not the cost of fuel by itself. The high rate of gas price there includes the cost of having it…
Michelle Bachmann Promises $2.00/Gallon Gas If Elected
Just like how elementary school kids promised free lollipops and candy in the vending machines, America’s politicians make the same affirmations. Case in point: Michelle Bachmann will, if elected, give all God-fearing Americans the divine right of cheap gas. Drill baby, drill! Bachmann told supporters at an event in South Carolina: “The day that the…
Infographic: What Cities Pay The Most For Gas?
ga A new study released by Mint went on a fact finding mission to find out who is pay more to fill up their cars. Prices vary from city to city, so gas prices may not be affect all of us equally. This new study reveals that residents of some cities pay more than twice…
White House Lowers CAFE 2025 Target to 54.5 MPG
After much debate, the White House has lowered its CAFE target for 2025 from 62 MPG to 54.5. The original 62 MPG figure has been dragged through the dirt before, having previously been lowered to 56.2 before this current figure. But now, the 1.7-mpg drop helps ease the concerns, however slightly, expressed by the auto…
Consumers Believe Gas Prices Will Go Down Or Stay The Same: Survey
According to the latest Kelley Blue Book survey regarding gas prices, new cars and used cars, consumers feel gas prices will improve. In a recent May 2011 survey by KBB, more than half of car shoppers (52 percent) say they think gas prices will either stay the same or go down in the next 30…
57% Of Americans Won’t Buy EV’s Regardless Of Gas Prices: Survey
A poll has just been released asking Americans to rate their likelihood of making certain lifestyle changes based on different hypothetical gas prices. 57 percent of respondents refused to consider buying an “electric car that you could only drive for a limited number of miles at one time” no matter how high gas prices go. Instead, they are…
As Gas Hits $4 Per Gallon, Demand For Hybrid Cars Soars
With the average price for a gallon of gasoline above $4, many American drivers are looking to dump the family gas-guzzler as quickly as possible and buy a more fuel efficient hybrid. But according to Jeff Bartlett, deputy online automotive editor at Consumer Reports, this is the worst time to do so. With so many…
$4 a Gallon Gas Now Officially the National Average
There’s a good chance that wherever you live, it’s been $4 a gallon-plus for some time now, but according to the newest Lundberg Survey, the national average for a gallon of gas has hit the magically awful $4 a gallon mark. Gas hasn’t been this expensive since the summer of 2008. The latest numbers show…
Poll: Americans Driving Less in Response to Higher Fuel Prices
With the average price of fuel in American about ready to hit the $4.00 a gallon mark commuters are driving less to help make ends meet. According to a new poll by Fox News, 62 percent of respondents say they have reduced the amount of driving they have done. The increased cost at the pump…
