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Crude Oil futures: 68.090 (-0.290 = -0.42%) as of 18:38 Gasoline futures: 193.370 (-0.100 = -0.05%) as of 18:09 Recent Updates: 2.39 in Tuscola, IL (thanks uncleben) 2.75 in Green Prices are less than 12 hrs old | Orange Prices are less than 24 hrs old | Red Prices are more than 24 hrs oldGasoline prices are falling fast and could keep dropping for months. The only place they have to go is down, says Fred Rozell, gasoline analyst at the Oil Price Information Service. We'll be closer to $2 than $3 come Thanksgiving. Gasoline prices are falling fast and could keep dropping for months.is a public service of the United States of America’s largest motoring and leisure travel membership organization and is updated daily by Oil Price Information Service (OPIS) with average national, state and local for gasoline, diesel and E-85.GasBuddy can help you find cheap gas prices in your city. In total, we have 185 websites to help you find low gasoline prices ; Join now, and get a chance of winning a $250 gas card and other prizes.Links to Gasoline Price Information, finding the least expensive gas, improving the gas mileage of your car, state and national gas prices from the U.S. Department of Energy, fuel economy information Why are gasoline prices so high? What is the future outlook for gasoline prices?View gas prices in your area to find the cheapest fuel from MSN Autos. Every night MSN Autos receives pricing data from over 90,000 gas stations across the nation. Please note that gas prices in your area may change more frequently than we can obtain them.* Go Green With Gasoline Gasoline prices are shown at filling stations in Chicago this week. One energy expert says oil could fall to as little as $20 a barrel by the end of the year. That could push gasoline prices back down to $2 a gallon, prices not seen since last fall’s slide slammed retail gasoline to its lowest value in four years.To quantify, on an annualized basis the .06 drop in prices equates to a savings of $8.3b for the consumer. While welcome relief to the consumer, the $1.02 rise off the December low in gasoline prices is an extra $140b annualized spent at the pump, 1.4% of personal consumption.

Gasoline prices (in case you've been hiding in a cave and didn't know) have been on something of a roller coaster the last few years. And it looks as though we're climbing back up another hill at the moment. How much are the recent increases in gas likely to weigh down American consumers?European gasoline prices held above $600 a tonne in light trade on Monday, supported by increased arbitrage opportunities to the United States. Wholesale gasoline prices will maintain a premium over heating oil through October, two months longer than usual, because of record supplies and low demand for distillates,Of course, it's possible by law to keep prices below their market-clearing levels. In politics and law, that's called "price control." In economics, the result of that With any luck, he didn't actually mean what he said, and won't attempt to cap gasoline prices. But it was still a silly and demagogic thing to say.Retail gasoline prices nationwide have fallen 70 cents per gallon from their September highs and are now back to the values from early August.WhiteHouse.gov is the official web site for the White House and President Barack Obama, the 44th President of the United States. This site is a source for information about the President, White House news and policies, White House history, and the federal government. Updated with video. THE BRIEFING ROOM SECTIONS In Germany, people grumble about the prices but it's not really much of an issue. Many people commute by tram, bus or train, others by bicycle or even on foot. Commuters claim fuel costs for travel to and from work against tax, leisure trips are kept to a minimum.Prices jumped nearly 11 cents over the past two weeks to $2.35 for a gallon of regular-grade gasoline, even though the price of crude oil dropped, a national survey said Sunday.

The following are some other cities' prices for a gallon of self-serve regular gasoline:A PRIMER ON GASOLINE PRICES Gasoline, one of the main products refined from crude oil, accounts for just about 16 percent of the energy consumed in the United States. The primary use for gasoline is in automobiles and light trucks.This page has been set up for gasoline consumers and will be updated as time permits. If you want to provide information to update this please feel free to e-mail any information, as a matter of fact this page will not work very well if not updated, so please provide new prices as you notice them. Gasoline prices have increased sharply in the last two years. But over a longer period of time, the prices of other goods have increased even more. In March of 1981, the average price of gasoline nationwide peaked at $1.42 a gallon.A number of comments question my contention that the American people cannot be "educated" to accept the need for high gasoline prices. I stand by my contention but emphasize that I was not meaning to suggest that people are dumb.IRVING, Texas — Retail gasoline prices dropped an average 3 cents across Texas this week. The association says Texas gasoline prices have tumbled by more than 20 cents over the last month. But the organization says the drop in gasoline prices has slowed during the last week, with the price of oil on world Americans are digging deeper at the gas pumps. Concerns about the possible loss of Iraq's supply have affected the price of gasoline because on futures markets, "oil prices rise on fears and perceptions, not just supply and demand," Lundberg said.Review gasoline prices around the World in this BusinessWeek slideshow. More than 25 nations are listed.

This entry was posted on Monday, June 2nd, 2008 at 12:03 am and is filed under Business and Economics, Source File, Statistics. You can follow any responses to this entry through the RSS 2.0 feed.money.cnn.com — "Gasoline prices plunged more than 21 cents a gallon over the past two weeks to a national average of $2.66 amid an abundant supply of fuel at service stations, a national survey said Sunday."Gasoline prices are increasing primarily because of market conditions, not collusion or other anti-competitive activities, according to a report released yesterday by the Federal Trade Commission. Crude oil prices, the biggest factor in gasoline prices, have surged as a result of increasing demand in China, India,The USA consumes 400 million gallons of gasoline every day. This red hot demand for gas has pushed gas prices to record highs. gas prices often vary significantly. In many areas, fuel prices can vary by 20-30 cents per gallon or more within a very small area.Energy > Gasoline prices by country. Energy statistics with graphs, maps and pie charts. The annual springtime increase of U.S. gasoline could lead to a national average price of $2.50 per gallon, which could make a full tank for an SUV cost $65 or more. California, where gas are usually highest,Analysts predicted that today's release will report a 3 million to 6 million barrel drop in gasoline inventory because of the continued refinery outage and a drop in demand because of high prices.View gas prices in your area to find the cheapest fuel from MSN Autos. Every night MSN Autos receives pricing data from over 90,000 gas stations across the nation.

Please note that gas prices in your area may change more frequently than we can obtain them.* Go Green With Gasoline Analysts predicted that the long ride down from the record highs of late spring and early summer soon would take gas prices below 2007 levels for the first time this year. "Now that the price of crude is going down, retailers are not going to lower those gasoline prices very quickly," Rozell said.Entitled “Rising Gasoline Prices: Why Can’t Consumers Catch a Break,” the report examines the key strategies used by major U.S. oil refiners to create tight markets in the past decade. It shows that these markets have come under pressure in the past few months as demand declined and inventories have climbed.. .

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