Why Is Gas So Freakin’ Expensive?
As gas costs rise to $4 a gallon and oil companies earn around $100 billion each year, it’s a good time to question what really goes into the price gas.read more | digg story
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Archive for May, 2007
Why are gas prices so high?
David Olive of TheStar.com poses this question in a recent article and comes up with some interesting reasons behind gas cost hikes.
Mr. Olive concludes that there are three main reasons for high gas prices:
Geopolitics
Big Oil
Consumers
Basically, most of the world’s remaining major supplies of untapped oil are in politically and geographically hostile regions. The push for biofuels such […]
Memorial Day gas prices highest ever
Consumers in Texas are paying the highest average prices ever for a gallon of gasoline this Memorial Day holiday, according to the AAA Texas Weekend Gas Watch.
Texas’ current average of $3.08 per gallon for regular gas is only two-tenths of a cent short of the all-time record high set on May 23. The statewide average […]
Save Money on Gas: New System Automatically Fills Under-Inflated Tires
Keeping your tires properly inflated is one of the best ways to maximize your vehicle’s gas mileage and save money on gas. Under-inflated tires reduce average gas mileage by 3.3-percent, and that is huge when gas prices are over $3.00 a gallon.
A reduction in fuel use also means the lowering of greenhouse gases, which are […]
Online Gas Price Gouge Meter Tells It All
In order to help Canadians know what they should be paying for gasoline, the Canadian Centre for Policy Alternatives (CCPA) has developed an online gas price gouge meter.
Users type in the price they are currently paying and select the closest city from a list on the site. The meter does the calculations, estimates how much […]
The good thing about gas prices
High gas prices that curb demand may be a good thing - environmentally speaking - according to the Chigaco Tribune:
“Talk all you want about the need for a national energy policy. Our personal energy policy has been use more of it. The key to reducing U.S. consumption of oil, to stop being held economic hostage […]
Gas hits record high price for eighth straight day
Gasoline prices hit their record high for the eighth straight day Sunday, and there are now only a few states left where the average price hasn’t crossed the $3 threshold.
The motorist group AAA said the average price for a gallon of self-serve unleaded hit $3.178 in its latest reading, based on a daily survey of […]