Gas prices have been slowly falling on average around the country as the summer season ended and the fall ushered in its usual lower prices. This week many areas have been seeing prices drop cent by cent, but that could all change on one of the season’s biggest travel days, Thanksgiving. [More]
The price of gas in California has increased more than $.50/gallon in the last week and now stands at an average close to $4.70, with some remote locales charging over a dollar more per gallon. Hoping to bring that price down — or at least rein it in, Governor Jerry Brown directed the California Air Resources Board to temporarily relax smog controls by allowing refineries to produce winter-blend gas weeks earlier than regulations currently permit.
A gas station owner in California says prices at the pump have gotten so high that people are no longer fueling up their vehicles at his location. So rather than try charging customers nearly $5 a gallon, he decided to lock up his pumps for the day.
Trying to think of any reason paying more at the pump is a good thing would stump the average consumer (thinner wallets after paying with cash?), but one and possibly the only good side effect of pricey gas is that it could be keeping drunk teens from driving. After all, high school jobs and allowances can only stretch so far.
Rising gas prices be darned, it’s Labor Day weekend and that means travelers are getting ready to hit the roads, rails and airways of our fair country in one last attempt to savor the summer. The Automobile Association of America says about 33 million Americans are preparing to venture 50 miles or more from home this weekend, which is a 2.9% increase from last year.
While car makers have been touting new higher-efficiency versions of some of their more popular vehicle brands, tests show that it could take years for the average driver to realize enough cost savings on gas to make up for the higher price tag.
While I have an affection for cars with after-market, clumsily welded spoilers, it appears I am in the minority, as a new survey by our test-driving in-laws at Consumer Reports says that fuel economy — and not undercarriage lighting — is the leading consideration for folks looking to buy a vehicle.
While the national average for a gallon of gas has dropped nearly 20 cents since peaking in early April, prices on the West Coast of the U.S. recently began rising again, even as prices in every other region of the country trend downwards.
It’s a common occurrence for a town’s mayor to make a public plea for residents to spend their money at local businesses, rather than driving a few miles outside of town to save a couple bucks. But one mayor in Illinois is so fed-up with the price of gas in his town that he’s asking residents to go elsewhere when it’s time to fill up their tanks.
The U.S. Energy Information Administration has released its weekly report on the nation’s average gas price, and for the second week in a row the number is down. Even better, this is the first noticeable week-over-week drop of the calendar year. Unfortunately, at $3.929/gallon, filling up your tank is still expensive.
The problem seemed easy enough to solve. SMM asked a Circle K cashier to pre-pay $20 on a gas pump using his credit card. Only the pump didn’t stop at $20 like it should have: it kept going until it reached $23.42. No big deal: SMM headed back in the store to pay the extra three and a half bucks. That’s when he learned that somehow, the first $20 he paid didn’t count.
So maybe you thought the gas prices had finally stopped ticking upward, but if you were entertaining that line of wishful thinking, well, you’re likely to be disappointed. The Energy Department is predicting that gas prices will rise about 6% this summer, up to 24 cents more a gallon during the peak driving season.
When an online retailer makes a pricing error, it usually has a chance to cancel orders before they ship. But when a gas station accidentally sells fuel for nearly 75% off the retail price, oodles of drivers will line up to fill up before someone fixes the mistake.
When people think of price gouging, they tend to think of people raising prices opportunistically. In fact, the most common type of gouging happens when gas prices stay artificially high after a spike. Still, we suppose the beginning of gouging season is better than nothing. But is it really here?
As gas prices continue to rise, it’s easier to get jealous of locales that offer cheaper rates. Due to a variety of reasons, including demand, easier access to infrastructure and lower gas taxes, certain cities consistently sport lower pump prices. And most of those tend to be located in the central part of the U.S.
It’s not legal for a store to charge an extra fee or percentage when customers pay by credit card, but it is legal to offer a discount to customers who pay in cash. Great. The flaw in this plan is that, at least in New York state, there aren’t any laws regulating how big that discount can be. Which is why some Long Island gas station operators recently hiked the price per gallon of gas a dollar, then offered a one-dollar discount to customers who pay cash.
If you’re running a little low on gas but don’t need to fill up until a few days from now, you might consider gassing up anyway. The way things are going, pump prices will be much higher by the time your tank is almost empty. Prices have shot up 18 cents in the past two weeks.