 |
Gas Reaches $2 and Less; Oil Prices Lowest in Three Years
Remember during the summer when people were sick of hearing about how gas prices kept going up and up? Lately, automotive news has focused on the auto industry bailout and the financial woes of the Detroit Big Three. Finally, for once, we get to write a positive news story.
Oil prices have dropped to levels not seen in more than three years, and at the pump, drivers are paying less than $2 i[...] .. Read More. |
 |
Atlanta Gas Shortage Could Continue Until Columbus Day
Atlanta, Ga. is coping with gasoline shortages after hurricanes Gustav and Ike shut down Gulf Coast refineries. Officials say the gas shortage is partly due to panicked motorists topping off their cars more than usual and say the shortage will be over before Colombus day.
Employers are trying to find a solution to this problem because many employees don’t have enough gas to get t[...] .. Read More. |
Oil Prices See Biggest One-Day Gain on Record
Oil jumped more than 20% today, the biggest one-day gain on record, reportedly fueled by our government’s rescue plan for the financial sector.
U.S. crude for October delivery last traded up $21.95 or 20.99% at $126.50 per barrel, reports Reuters.
Oil prices have dropped from record highs of more than $147 a barrel in July. Last week, oil fell to a seven-month low of $90.51 a b[...] .. Read More. |
Gas Prices Down 11% Since July; Hurricane Ike Heads Toward Texas
Good news! Gas prices are down 11% from a peak in July. Drivers filled their tanks over the weekend as Hurricane Ike barreled through Cuba on its way to the Gulf, where a lot of our oil refineries are located.
Now it seems Hurricane Ike is on a path to southwest Texas, near the Mexico border. News of the changed path caused gas prices to drop 0.6 cents to $3.652 a gallon.
Alaska [...] .. Read More. |
|
|
| More Gas Deal Of The Day ... |
|
Get a Loan
What Car Can You Afford
Auto Loan Calculator
Free Car Quote
Auto Loan Glossary
