Gas price

May 21, 2008 -- Despite cool weather along the East Coast over the past several weeks, Memorial Day weekend, the unofficial start to the summer driving season is upon us. Some may interpret recent increases in gasoline prices as yet another manifestation of a long-standing tendency for gasoline prices to rise dramatically in the days before the holiday weekend.

The numbers from the last few years do not, however, support this view. Daily gasoline prices from the American Automobile Association’s (AAA) Fuel Gauge Report show that prices have actually fallen slightly in the week preceding the Memorial Day holiday over the past four years (2004-2007), after having risen earlier in the month of May.

Gasoline Prices Tend to Decrease in the Days Before Memorial Day

Chrysler, Jeep and Dodge dealers’ feedback drives mid-month extension of new incentive program

Auburn Hills, Mich., May 19, 2008 - Chrysler LLC today extended to July 7 the Let’s Refuel America $2.99 gas guarantee program, which offers customers the opportunity to lock in their gasoline purchases at $2.99 a gallon for three years, up to 36,000 miles.

Chrysler "Refuel America" cards

The program was launched on May 7 for the month of May only, but extended for a second month in response to dealer and customer demand for additional time.

100% Electric Zapino Scooter Now in Stock for Immediate Delivery

SANTA ROSA, CA, May 6, 2008 -- With Presidential hopefuls talking up a Gas Tax Holiday to help consumers with rising gas prices this summer, electric vehicle pioneer ZAP (OTC BB:ZAAP.OB) is proposing a permanent holiday from gas taxes by using electric vehicles.

ZAP electric vehicles use no gasoline so no tax need apply. To provide an additional incentive, the Northern California Company is offering a $100 rebate to customers who purchase its newest electric scooter, the Zapino. Now in stock and available for immediate delivery, the Zapino is a good way to beat record gas prices this summer, whether there is a Gas Tax Holiday or not. To receive the rebate, order online at zapworld.com through May 31st.

According to KBB Marketing Research, Shoppers Spend Less on Self in Order to Spend More on Others

Retail Gasoline Prices, Diesel Prices Retreat

January 16, 2008 -- Tom Brady and Brett Favre, each just one game away from making it to the Super Bowl, are both sure to be inducted into the Pro Football Hall of Fame when their careers are over. Many might argue that one or the other is the greatest quarterback ever, but comparing either of them to the stars of the past requires looking at the context of the game in different time periods and making adjustments so that the comparisons are as meaningful as possible. So, too, must adjustments be made when comparing the nominal record oil prices seen in recent months to other historically high oil prices.

Pump Price Up a Nickel in a Week, Boosting Refinery Profits Even as Economists See Recession Looming

SANTA MONICA, Calif., Jan. 7 /PRNewswire - USNewswire/ -- A weekly national increase of more than a nickel a gallon for regular gasoline has motorists paying a "speculative bonus" to hedge fund traders and others who have kept the price of crude oil near $100 a barrel, said the Foundation for Taxpayer and Consumer Rights. With pump prices up nationally to $3.109 from $3.054 over the past week, at a time of year when prices are historically at their lowest, spring is all but certain to bring new record prices.

One Million SYNC Vehicles to be on the Road in Early 2009

DEARBORN, Mich., Jan. 3 /PRNewswire - FirstCall/ -- Ford Motor Company's (NYSE:F) award-winning SYNC system is one of the rising stars in the auto industry today, and it is on track to reach 1 million sales in early 2009, the company is announcing today.

Highlights:
- Ford's award-winning SYNC system - developed with Microsoft - topped 30,000 sales in 2007, making it one of the fastest growing new products in the auto industry today.
- 1 million SYNC-equipped vehicles will be on road in 2009.
- Ford expands effort to deliver the connected car and will begin pioneering a new era of satellite communications, aggressively moving beyond music and into data delivery.

According to KBB Marketing Research, Shoppers Spend Less on Self in Order to Spend More on Others

IRVINE, Calif., December 17, 2007 – According to the latest Kelley Blue Book Marketing Research study, in-market new-vehicle shoppers plan to adjust their shopping habits due to high gas prices, spending less money on themselves so they can still give to others during this holiday season.

Average Retail Gasoline Price at $3 a Gallon

December 12, 2007 -- Despite an increase yesterday, the spot price of West Texas Intermediate (WTI) crude oil has dropped over the last three weeks, from nearly $100 per barrel on November 20, to under $90 per barrel for most of last week. So, will crude oil prices continue to drop, and if so, how low might they fall?

While forecasting oil prices is a difficult task, EIA, in its just released December 2007 Short-Term Energy Outlook, projects the WTI spot crude oil price falling to about $86 per barrel by the end of winter. To understand this projection, it is important to look at some of the reasons behind the latest decline in crude oil prices.

Abu Dhabi, UAE - 5 December 2007 -- The 146th (Extraordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened in Abu Dhabi, United Arab Emirates, on 5 December 2007, under the Chairmanship of its President, HE Mohamed Bin Dhaen Al Hamli, Minister of Energy of the United Arab Emirates and Head of its Delegation, and its Alternate President, HE Dr Chakib Khelil, Minister of Energy and Mines of Algeria and Head of its Delegation.

The Conference congratulated Ecuador on its resumption of full Membership of the Organization, and extended a warm welcome to its Delegation, headed by HE Engineer Guillermo Granja, Undersecretary of Hydrocarbons, representing HE Galo Chiriboga Zambrano, Ecuador’s Minister of Mines and Petroleum.

December 5, 2007 -- A country music song performed by Daryle Singletary includes the lyrics, “Too much fun, what’s that mean? It's like too much money, there’s no such thing.” However, with current high fuel prices, many American drivers may feel that refiners’ earnings are too high.

Retail Gasoline Price Slightly Lower, Diesel Price Sets Record

November 28, 2007 -- Many readers are familiar with Garrison Keillor’s phrase used on radio’s “A Prairie Home Companion” series, “Lake Wobegon, where all the women are strong, all the men are good looking, and all the children are above average.”

November 7, 2007 -- One of the most discussed topics in the media today, besides the 2008 Presidential races, is the high price of oil. Crude oil prices have increased dramatically this year, with West Texas Intermediate (WTI) prices climbing from an average of nearly $55 per barrel in January to over $95 per barrel at the beginning of this month.

Survey Reveals Dramatic Behavior Changes

BETHESDA, MD – Nov. 7, 2007 – With gas prices heading for $4 a gallon, consumers are making dramatic changes in driving and vehicle care behavior to save money, according to results of a new study by the Automotive Aftermarket Industry Association (AAIA).

Nearly six in 10 people surveyed claim their driving behavior has changed due to rising gas prices. One-third of motorists surveyed stated that they would made changes when the price of gasoline reached $3 a gallon, and another 32 percent would invoke driving behavior changes if prices reach $4 a gallon, according to the survey conducted by Opinion Research Corporation.

Gasoline Prices Rise and Diesel Price Ties Record High

Retail Gasoline and Diesel Prices Move Higher

October 24, 2007 -- With oil prices recently reaching new nominal highs, some are interested in knowing how current prices for crude oil stand in relation to all-time record prices on an inflation-adjusted basis. A wide variety of measurements suggests that “record” inflation-adjusted prices for crude oil occurred in the early 1980s. However, there are two major issues when trying to arrive at an inflation-adjusted record crude oil price: 1) what historical price you use for crude oil, and 2) the price index used to adjust for inflation.

Retail Gasoline Prices Dip Again

Goodwrench Can Help You Drive Green, Save Green

2007-10-16, GRAND BLANC, Mich. - With fluctuating gas prices burning up an ever-increasing share of the average household budget, saving fuel not only helps pump up the bottom line, it helps drivers concerned about climate change to be better stewards of the environment without driving a hybrid.

While a motorist can't single-handedly control global energy markets, he or she can take simple steps to use less gasoline by keeping current on vehicle repair, utilizing on-board oil life technology and changing a few driving habits. Goodwrench technicians can help identify hidden and not-so-hidden issues that rob vehicles of fuel economy.

Retail Gasoline and Diesel Prices Lower

October 11, 2007 -- The Major League Baseball playoffs are now well underway. While fans may hold differing opinions on the fundamental strengths of the remaining teams, all recognize that how hot or cold each team is over the coming weeks will play a critical role in determining the identity of the World Series winner. The New York Yankees and some other teams that hit a cold spell are already home, hoping the winter will be over quickly as they look forward to spring training. Unfortunately, like the rest of us, they should expect higher heating fuel prices and larger bills this winter compared to last winter.

Retail Gasoline Price Falls but Diesel Higher

October 3, 2007 -- The Major League Baseball division series start today. Some teams, like the Boston Red Sox, who clinched a berth several days ago, have been preparing for some time now, while others, such as the Colorado Rockies, who needed to win a playoff game to qualify, have had little time to prepare. In oil markets, the degree of preparation is often measured by the amount of inventory of a particular product heading into its peak seasonal demand period. With September marking the end of the typical inventory build season for propane, it is useful to gather around the not-yet-hot stove (furnace?) to assess inventories of this critical heating fuel as we head into the winter season.