gas prices

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$4.66: Calif. Gas Hits Twin High Notes

Refinery outage spikes prices to more than $5 a gallon in places

(Newser) - California gas prices hit a four-year record $4.61 yesterday, reports the LA Times , but for those who blinked and missed it, prices hit another all-time high of $4.655 today, according to AAA. Yesterday's average of $4.6140 was the highest since June 19, 2008, when it was...

Consumer Spending Rises —Because Gas Is Up

Which means people might have to cut back elsewhere soon

(Newser) - Americans boosted spending in August even though their income barely grew. But much of the increase went to pay higher gas prices, a sign they may have to cut back elsewhere in coming months. The Commerce Department says consumer spending rose 0.5% in August from July, the biggest jump...

Irate Gas Stations Protest Gouging —By Charging $10 a Gallon

Franchises angry at varying Lukoil prices

(Newser) - More than 50 Lukoil gas station owners in Pennsylvania and New Jersey are fuming over price discrepancies—so they've simply ratcheted their gas up to $9.99 a gallon. They're angry because the Russian firm sells gas to local franchises at very different prices, even if the stations...

Obama May Tap Oil Reserves
 Obama May Tap Oil Reserves 
Aug 17, 2012 1:19 PM CDT

Obama May Tap Oil Reserves

White House wants to reduce prices to help consumers, hurt Iran

(Newser) - Think the price of gas is getting too high? The Obama administration agrees. It's currently "dusting off old plans" to potentially tap the Strategic Petroleum Reserve, a source tells Reuters . Driving down the price of oil would help consumers and the US economy while also hurting Iran, ensuring...

Economy's Silver Lining: Lower Gas Prices

Falling oil prices make life easier at the pump

(Newser) - One bright spot amid the latest economic news : Gas prices are falling nationwide, and fell below $2.99 at two gas stations yesterday, the AP reports. Not all consumers will be so lucky, but plunging oil prices have lowered pump gas by an average of 30 cents a gallon in...

Is America Over Cars?
 Is America Over Cars? 
OPINION
May 22, 2012 12:04 PM CDT

Is America Over Cars?

Charles Lane points out a surprising trend: Americans are driving less

(Newser) - When gas prices spiked in April, Americans reacted in a logical, yet surprising way: They drove less. It's a sign, writes Charles Lane of the Washington Post , that America's love affair with the car is on the rocks. Getting a license, for instance, isn't the "rite...

Illinois Mayor to Residents: Leave Town to Buy Gas

Prices are too high; Tim Baldermann encourages boycott

(Newser) - An Illinois mayor has an odd request for residents of his town: Don't buy gas here! New Lenox Mayor Tim Baldermann is annoyed, as are many residents, that New Lenox gas stations tend to charge more than those in neighboring areas. At a New Lenox Speedway, the price is...

5 Reasons You Should Care About Sudan War

Rising gas prices and more 'lost boys' could result

(Newser) - The conflict between Sudan and South Sudan may seem far-flung, but Scott Baldauf of the Christian Science Monitor runs down five reasons Americans should pay attention, including:
  • Gas prices: They may have eased in the US lately , but instability in oil-producing nations could change that in a hurry. One of
...

Gas Prices Level Off, May Have Peaked

High supply, falling demand will ease prices, say experts

(Newser) - Gas prices are holding steady at $3.92 a gallon, and that could be on the verge of coming down, reports USA Today . With a key benchmark falling to a two-month low yesterday and growing signs of a global economic slowdown, experts think pump prices will fall short of the...

Santorum: It&#39;s Not Even Halftime Yet
 Santorum: 
 It's Not Even 
 Halftime Yet 
SUNDAY TALK SHOWS
Apr 1, 2012 9:46 AM CDT

Santorum: It's Not Even Halftime Yet

Candidate upbeat on May races

(Newser) - With twitchy Republicans looking to put an end to an onerous and hard-fought primary season, Rick Santorum is saying not so fast, reports Politico . “This race isn’t even at halftime yet, we haven’t even selected half of the delegates yet,” Santorum told Fox News Sunday this...

Romney to Obama: Fire &#39;Gas- Hike Trio&#39;
 Romney 
 to Obama: 
 Fire 'Gas- 
 Hike Trio' 
TALK SHOW ROUNDUP
Mar 18, 2012 1:04 PM CDT

Romney to Obama: Fire 'Gas- Hike Trio'

Mitt blames president for high gas prices

(Newser) - President Obama is not only responsible for high gas prices, he actually wants them, and he needs to can the three Cabinet secretaries who share the blame, Mitt Romney charged today. "When he ran for office he said he wanted to see gasoline prices go up, he said that...

US Refineries Close, Pushing Gas Prices Higher

With crude oil so expensive, they can't make money

(Newser) - Add one more victim to the soaring price of petroleum—refineries. Yes, despite gas prices rising another 6% in February, refineries in the US Northeast are shutting down because they're losing money, reports Wall Street Journal . And with Philadelphia-based Sunoco set to close the largest refinery in the region...

To Drill or Not to Drill

 To Drill or 
 Not to Drill 
Krugman vs. Krauthammer
Mar 16, 2012 10:45 AM CDT

To Drill or Not to Drill

Krauthammer: Obama 'fatuous'; Krugman: GOP 'intellectually bankrupt'

(Newser) - The US president may not directly control gas prices, but Barack Obama's "disdain" for oil is still hurting Americans terribly, writes Charles Krauthammer in the Washington Post . Restricting drilling, vetoing the Keystone pipeline, and similar anti-oil moves are killing thousands of local jobs, hurting relations with Canada, and...

Obama, Cameron Huddle on Oil Release

President testing leaders' pulse on lowering gas prices

(Newser) - With Americans facing spiraling prices at the gas pump that could threaten a nascent economic recovery, President Obama and British PM David Cameron yesterday chewed over the possibility of tapping the Strategic Petroleum Reserve. The president has taken a drubbing both in approval ratings and from Republicans quick to blame...

Gas Prices Not Really the President&#39;s Fault
 Gas Prices 
 Not Really the 
 President's Fault 
experts say
Mar 13, 2012 11:55 AM CDT

Gas Prices Not Really the President's Fault

Sure, policy affects things ... eventually

(Newser) - As gas prices rise, President Obama's approval rating falls , which makes sense, because those painful numbers at the pump are all his fault, right? Wrong, say oil experts and economists. The Washington Post breaks down their arguments:
  • Policy: It definitely affects things, but it takes a long time for
...

Another Poll: Obama Tumbling

Approval rating drops 9 points in a month

(Newser) - Another poll has found President Obama's approval ratings falling sharply, and the Republican contenders gaining. The New York Times / CBS poll found that Obama's approval rating has dropped 9 points from just a month ago to 41%, with voters increasingly unsure about his handling of foreign affairs....

Gas Price Hikes Sink Obama in Poll

Latest poll shows Republicans are closing the gap

(Newser) - Just when it looked like the improving economy would lift President Obama's popularity ratings, along come soaring gas prices to drag them down. A record 50% of people now "strongly disapprove" of Obama's handling of the economy, according to a new Washington Post-ABC News poll. Gas prices...

Economy, Gas Prices Top Voter Concerns
Gas Prices, Economy Top Voter Concerns: Exit Polls
super tuesday
Mar 7, 2012 4:57 AM CST

Gas Prices, Economy Top Voter Concerns: Exit Polls

Social issues not a major concern, polls find

(Newser) - Super Tuesday voters handed victories to three different candidates, but Republicans in all 10 states shared similar concerns, exit polls found. The economy was the number one issue in every state. Despite the recent focus on social issues, few voters names abortion as their chief concern, and there was little...

Gingrich: Romney Too Rich to Get Gas Prices

Mitt doesn't understand importance of lowering prices, Newt says

(Newser) - Mitt Romney recently panned Newt Gingrich's promise of $2.50-per-gallon gasoline if he's elected president, and Gingrich fired back today on Fox & Friends , claiming Romney just doesn't understand the importance of lowering the price. "If you’re Mitt Romney and you’re rich enough, maybe...

Obama: Let's Stop Giving Money to Oil Companies

Energy policy continues to get big attention amid rising gas prices

(Newser) - President Obama again went on the offensive over rising gas prices today, notes ABC News . Speaking in New Hampshire, he told Americans to call their congressional representatives and demand they end the $4 billion subsidies to gas and oil companies. His takeaway line: “You can either stand up for...

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