Anyone with a car who lived in areas impacted by super storm Sandy in 2012 will surely remember the freakishly long lines for gas at stations all over the Northeast. To keep those shortages from happening again should the region be hit with another severe storm or hurricane, the federal government is creating a stockpile of gasoline, to the tune of one million barrels (said in Dr. Evil voice because that joke still exists, inexplicably). [More]
For a few hours during the overnight shift, a gas station in Illinois gave away an awful lot of free fuel, as a screwed-up (or screwed-with) pump was only charging customers a penny a gallon. [More]
It’s no secret there are better times of the year than others to make big purchases like plane tickets or a new TV, but what about those weekly purchases, maybe one that runs your vehicle? Gas prices are a constant roller coaster of high and low prices, but a new study is taking the guess-work out of when to fill up. [More]
Almost half of adults in this country think that gas is too expensive when it’s more than $3 per gallon, which means those people have some adjusting to do: AAA says the national average price of gasoline will be over that mark for the 1,000th consecutive day as of, well, today. And it’s probably going to stay that way for a very long time. [More]
Yeah, yeah, the best way to save money on gas is to get a more fuel-efficient car. That’s not always an option. What you can do is make some small changes to how you drive in order to maximize your fuel. Our colleagues over at Consumer Reports grabbed some cars and decided to figure out which minor changes to your driving work and which don’t. In? Take the bike rack off your roof. Out? Buying gas early in the morning because the air is cooler and you get more. [More]
For anyone who sat in traffic last year and felt like your time and money was slowly sliding away as the minutes ticked by, you’re not alone. A new report says American commuters wasted more time and fuel in 2011 than the year before, averaging out to about $818 on average in 2011. [More]
Even though Americans are cutting down on how often they hit up the gas pump, as a country we’re paying a higher percentage of our incomes on gasoline than we have in the last 30 years. The Energy Department said in a new report that U.S. households shelled out an average of $2,912 last year for gas, or about 4% of their pretax income. [More]
Californians are known to love eating all kinds of crunchy healthy things like seaweed and algae smoothies made with 100% organic bioprocessed yada yada, but now they’re even putting the green stuff into their gas tanks. It’s all part of a month-long test to see whether a new fuel made from 20% algae and 80% petroleum could work out, and subsequently pose a real threat to Big Oil. [More]
If you’ve been following the news at all in the last week, you know that gas has been a coveted product on the East Coast in the wake of Hurricane Sandy. Storm survivors have been dependent on it to power their generators and drivers have been lining up for hours to fill their vehicles. One New Jersey gas station was happy to serve fuel-hungry customers, but made the unfortunate mistake of serving up gasoline mixed with diesel fuel. Total buzzkill. [More]
Desperate times call for desperate measures. But there are certain things that need to be done correctly, even in the light of a natural disaster like Hurricane Sandy. While drivers on the East Coast have been stuck with long lines at the pump to fuel up cars and get gas for generators, police say one man went about gassing up the entirely wrong way. [More]
BP’s infamous oil spill last year in the Gulf of Mexico might have been prevented had the company not offered incentives to workers to cut costs rather than improve safety. A 16-months-in-the-making government report concluded that there were five instances in which BP either cut costs, decreased drilling time or increased risks.
Sometimes gas siphoning thieves are found when they accidentally get gas in their mouths when trying to initiate the transfer from a gas tank to their canisters. This one was caught after the gas station owner got suspicious about the minivan sitting on his lot. When police arrived, they opened the doors to find a generator-powered vacuum slurping up 250 gallons of diesel from the station’s tanks into the plastic drums inside the retrofitted van.
It’s always easier to just look at neat infographics to get information, and such is this case with a spiffy new pic of just that sort showing where consumers spend the most per month on gas.
Expect some much-needed relief at the pump! The US and its industrial allies unexpectedly announced that they’re releasing 60 million barrels of crude oil from reserves over the next 30 days. The move came after a recent OPEC meeting failed to result in increased production. Oil prices immediately kicked down 4.5% on the news. Time to fill up the ‘ol SUV and do some donuts before the market realizes it overreacted and prices go back up!
A survey by Coldwell Banker of its realtors finds that gas prices are figuring big in the calculations made by new home buyers of where to live. 75% said the spike gas prices is influencing decisions made by their clients, pushing them to choose homes closer to where they work.
Riding a bike isn’t an option for every commuter, but for those within a reasonable range, high gas prices and the approaching summer mean there’s no better time than now to consider pounding the bike pedals rather than the gas pedal.