Gas prices rise more than 8 cents in 2 weeks

2010-03-21T10:30:24Z

<div id="subtitle">Survey: Average gas prices up 8.6 cents to $2.81 from 2 weeks ago</div><div><p>The average price of regular gasoline in the United States is up 8.6 cents over a two-week period to $2.81.</p><p>The price shows an increase of 86 cents from a year ago. That's according to the national Lundberg Survey of fuel prices r...

Rural states hurt most in gasoline price spike

2010-03-17T14:32:47Z

<div><p>WASHINGTON (Reuters) - As U.S. gasoline prices head toward $3 a gallon, states with many drivers in rural areas would take the biggest financial hit if pump costs spiked to record levels again, according to a new report released on Wednesday.</p><p>Consumers in all states are dependent on oil for their transportation needs, but drivers in som...

Gas Prices Surge Ahead In Last Week

2010-03-13T00:15:43Z

<div id="subtitle">Prices at the pump now at a high for the year</div><div><p>The price of gasoline continues to move higher, establishing a new high for the year on Friday. The national average price of self-serve regular is $2.783 a gallon, up more than six cents from last Friday, according to AAA. </p><p>The price is nearly 14 cents a gallon higher than it was a month ago. The price of diesel fuel is $2.919, up more than t...

Gas price rises seen gentler on consumer wallets

2010-03-09T16:32:45Z

<div id="subtitle">No sticker shock expected at the pump: gasoline prices will rise, but not much above $3</div><div><p>As the economy recovers, energy prices are rising and that is placing extra strain on families' budgets.</p><p>Each spring brings a familiar ritual in gasoline markets — rising prices — and this year won't be an exception. But motorists aren't likely to pay much more than $3 a gallon, on average, during the peak summer driving season.</p&g...

Rising Oil Prices Push Gas Prices Up

2010-03-09T13:34:08Z

OAKLAND, CA - MARCH 09: Gas prices over $3.00 per gallon are displayed on a sign at a Shell gas station March 9, 2010 in Oakland, California. Gas prices have increased 5 cents in the last week to bring the national average for a gallon of regular unleaded to over $2.75. (Photo by Justin Sullivan/Getty Images)

Energy Dept. still sees $3-plus gasoline coming

2010-03-09T13:30:24Z

<div id="subtitle">Energy Department holds to pump prices above $3 for spring and summer driving seasons</div><div><p>The Energy Department hasn't changed its mind about higher gasoline prices. It still expects pump prices to climb past $3 per gallon as more motorists hit the road in the spring and summer driving seasons.</p><p>In its monthly short-term energy outlook report, the...

Jaguar Land Rover gets EU clean car loan

2010-03-09T05:16:19Z

<div id="subtitle">Tata's Jaguar Land Rover gets EU loan to help develop more fuel-efficient cars</div><div><p>Jaguar Land Rover is getting a 340 million pound ($514 million) loan from the European Investment Bank, a lender backed by European Union governments, ...

Gas Prices Rise Two Cents In Last Week

2010-03-09T00:15:56Z

<div id="subtitle">Refineries running at reduced capacity due to lack of demand</div><div><p>The pace of the increase in gasoline prices has slowed, as the nationwide average approaches a new high for the year. The average price of self-serve regular Friday is $2.72 a gallon, according to AAA.</p><p>Today's national average price of diesel fuel is $2.883, up a penny from last Friday. Prices for gasoline have risen about seven cents a gallon in the last mont...

Gas prices up 9.58 cents nationwide over 2 weeks

2010-03-07T11:00:21Z

<div id="subtitle">Survey: Average gas prices up 9.58 cents to $2.73 from 2 weeks ago</div><div><p>The average price of regular gasoline in the United States is up 9.58 cents over a two-week period to $2.73.</p><p>That's according to the national Lundberg Survey of fuel prices released Sunday.</p><p>Oakland, Calif. Retail gasoline prices rose 1.4 cents overnight to a national average of $2.72 per gallon, according to auto club AAA, Wright Express and Oil Price Information Service. Price are 3.83 c...

Oil settles above $81 on US jobs report

2010-03-05T12:30:16Z

<div id="subtitle">Crude, gasoline prices approaching 2010 highs as jobs report comes in better than expected</div><div><p>The government jobs report for February that came out Friday raised hopes that the economy may slowly be healing. It also raised oil and wholesale gasoline prices closer to their highs for the year.</p><p>Investors see a link between the unemployment report, which showed the jobless rate holding steady at 9.7 percent, and higher gasoline p...

Costco 2Q profit rises; international sales strong

2010-03-03T15:00:15Z

<div id="subtitle">Costco Wholesale 2nd-quarter profit climbs; revenue rises on higher gas prices, softer dollar</div><div><p>Strong overseas sales growth and increased gasoline prices boosted Costco Wholesale Corp.'s revenue in the second quarter, helping send the warehouse club operator's profit up 25 percent.</p><p>Co...

Costco's 2Q results at a glance

2010-03-03T11:00:58Z

<div id="subtitle">Costco Wholesale's 2nd quarter earnings at a glance</div><div><p>Costco Wholesale Corp. reported a strong gain in the 2nd quarter due to strong sales, higher gasoline prices and the benefit of the weaker dollar on overseas sales. Sales at stores open at least a year are considered a key measure of a retailer's performance. Here's a look at how it fared.</p><...

Gas Prices Moving Higher Again

2010-02-27T00:15:19Z

<div id="subtitle">Prices not reflecting supply and demand fundamentals</div><div><p>Gasoline prices remain volatile this year, with the nationwide average of self-serve regular jumping nearly eight cents in the last week to $2.701 a gallon, according to AAA.</p><p>Prices are now back were they were a month ago, before going down in early February, mirroring the fluctuation in crude oil prices. </p><p>The average price of diesel fuel is $2.872 a ...

Ford adds 60 jobs at Cleveland-area engine plant

2010-02-25T23:00:10Z

<div id="subtitle">Ford to invest $155M, add 60 jobs to build fuel-efficient Mustang V-6 at Cleveland-area plant</div><div><p>The Ford Motor Co. announced Friday that it is investing $155 million and adding 60 jobs at an engine plant in suburban Cleveland to build a fuel-efficient V-6 en...

Gas Prices Fall, But Rate of Decline Slows

2010-02-22T15:00:08Z

<div id="subtitle">Pump prices may have bottomed for a while</div><div><p>Motorists are paying less per gallon for gasoline today than they did last Friday, but not by much. The national average price of self-serve regular is $2.623 a gallon, down from $2.628 a gallon last week, according to AAA.</p><p>That's about a dime less than the price a month ago but 70 cents higher than motorists were paying a year ago, after oil prices coll...

Japan Airlines to raise fuel surcharge

2010-02-22T11:18:13Z

<div><p>Failed flagship carrier Japan Airlines (JAL) said Monday it planned to raise fuel surcharges for its all international flights from April 1.</p><p>The Japanese airline, which went bankrupt a month ago with six billion dollars of debt, applied for the charge with the transport ministry, citing recent rises in fuel prices, the company said in a statement.</p><p>JAL is goi...

Gas prices down 3.29 cents nationwide over 2 weeks

2010-02-21T12:00:21Z

<div id="subtitle">Survey: Average gas prices down 3.29 cents to $2.63 from 2 weeks ago</div><div><p>The average price of regular gasoline in the United States is down 3.29 cents over a two-week period to $2.63.</p><p>That's according to the national Lundberg Survey of fuel prices released Sunday.</p><p>

4-day oil rally ends as China tightens lending

2010-02-22T10:52:16Z

<div id="subtitle">Crude oil rally stalls, crude settles close to $74; gasoline prices hit low for 2010</div><div><p>A four-day rally in oil prices ended Friday as China announced steps to cool its credit boom, raising worries that demand for crude from one of the world's biggest consumers of energy will weaken.</p><p>Oil prices followed the stock market lower, with the <...

News on Gas Prices