price of gas
Buyers Shift to Small Cars Amid Skyrocketing Fuel Prices
Fuel prices are on the rise and car shoppers are reacting fast. With recent unrest in oil-producing nations causing one of the largest two-week spikes in oil prices in history, consumers are already adapting their buying habits according to a survey and report by Automotive News. In February small car sales totaled 15 percent of…
Gas Could Hit $5 Per Gallon Amid Continued Instability
With oil passing the $100/barrel mark on Thursday, analysts are warning that a gallon of gasoline could soon cost as much as $5 this summer. “If this thing escalates and there’s a good chance that there’d be a shift in supplies, $5 gas isn’t out of the question,” said Darin Newsom, an analyst at energy…
