gas prices

Oil and gas prices surge to new 2009 highs

Shelby Bateson — Thu, 15 Oct 2009 11:34:00 -0500

Oil prices are surging today on Wall Street. After trading within the narrow range of $65 to $75 per barrel for the last ten weeks, oil prices are on the move. Currently oil is trading above $77 per barrel, up almost $2 on the day, and at its high level for the year.

Despite Gas Prices Summer Travel Deals Abundant

Armen Hareyan — Sat, 23 May 2009 13:09:46 -0500

Despite rising gas prices summer travel deals are still abundant in the nation. Gas prices are still down about dollar and a half from last year's 3.80s, although they have gone up nearly 40 cents in the last month.

Watch Out For Mortgage Rates When Gas Prices Rise

Armen Hareyan — Fri, 03 Apr 2009 07:35:41 -0500

The mortgage rates may be effected by the recent oil price rise. This should worry today's home buyers and would-be refinancers because some of the same forces that helped to push crude past $50 for the first time in 4 months also cause mortgage rates to rise.

China to introduce fuel tax at 50% very soon

kellywang — Wed, 19 Nov 2008 06:00:41 -0600

China will soon move ahead with its long plans for a fuel tax, said xinhuanet.com today, citing a senior researcher close to the country's energy policy makers. The fuel tax is likely to be levied at a rate of about 50% as of the year end.

Southeastern U.S. Hit By Gas Shortage

Armen Hareyan — Tue, 30 Sep 2008 14:52:50 -0500

A gas shortage is gripping parts of the southeastern U.S., after two hurricanes in the Gulf of Mexico forced oil companies to shut down refineries for a time.

US Gasoline inventories drop below average

erku — Thu, 21 Aug 2008 08:03:36 -0500

US gasoline inventories fell sharply last week, while crude oil inventories rose by nearly 10 million barrels. Total commercial petroleum inventories rose on increases in crude and all non-gasoline refined products.

Gasoline Stations Set Prices to Match a Small Number of Other Stations

harminka — Fri, 01 Aug 2008 15:10:25 -0500

For many years, there have been competition concerns regarding how retail gasoline prices are set in the U.S. and Canada. Consumers have complained about the perceived uniformity of retail gas prices and the perception that retailers raise their prices at the same time.

Limits on futures trading could boost gas prices, expert says

harminka — Mon, 28 Jul 2008 09:20:09 -0500

Proposals to reign in wallet-draining gasoline prices by curbing speculation in oil markets would likely increase costs at the pump instead of trimming them, a University of Illinois economist says.

Three Things You Can Do To Lower Gas Prices

Armen Hareyan — Thu, 03 Jul 2008 07:47:41 -0500

Newt Gingridge talks about three things that if we do can dramatically bring the cost of gasoline down at the pump. The major thing is the fact that there are many people who speculate on the rising oil prices and drive it even high.

MyGallons.com Sells Tomorrow's Gas With Today's Prices

Armen Hareyan — Tue, 01 Jul 2008 11:48:51 -0500

A new company called MyGallons.com has started to sell tomorrow's gas with today's prices. I am wondering if this may be a new way to manipulate the gas prices and raise the price of my gallons tomorrow.

Gas Prices are Hurting Recovery in the Exurbs

Armen Hareyan — Wed, 25 Jun 2008 12:06:08 -0500

We talked about this yesterday on the Ideal Investment Radio with Rich Worcester (president of 78homes.com and founder of the North San Diego Real Estate Investors Association - nsdrei.org and JD Morris, founder of Ideal 4 Investors):

Two Car and Gas Proposals, One Solution

Armen Hareyan — Tue, 24 Jun 2008 14:34:40 -0500

Sometimes, you see two headlines and they sum up an issue nicely. Especially when the subjects of both headlines are two presidential candidates' solutions to roughly the same problem. I had this experience looking through Reuter's headlines yesterday. The two headlines are "McCain calls for $300 million prize for car battery" and "Obama vows to crack down on oil speculation."