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. [More]
gas
Man Arrested While Siphoning 250 Gallons From Gas Station
By 9.9.11
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. [More]
Which Cities Spend The Most On Gas Each Month?
By 8.1.11
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. [More]
Oil Prices Drop 4.5% As 60M Barrels Are Unexpectedly Released
By 6.23.11
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! [More]
Columnist: Hertz Charged More To Refill Gas Tank Than To Rent Car For 2 Days
By 5.24.11
News that car rental companies are charging more than $9 per gallon for failure to fill up the gas tank upon return caught a Sports Illustrated columnist by surprise. [More]
Gas Prices Drive People To Buy Homes Closer To Work
By 5.20.11
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. [More]
Calculator Tells You How Much You Can Save By Biking To Work
By 5.20.11
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. [More]
Analysts: Gas Prices Should Drop In June
By 5.9.11
By next month, $4 gas may be in our rear-view mirrors. Falling oil commodities prices will translate to less pain at the pump if analysts’ predictions come true. [More]
Auto Manufacturers Slim Down Cars To Increase Fuel Economy
By 5.6.11
As a reaction to rising gas prices, new cars are becoming lighter and more fuel-efficient. Auto manufacturers are scrounging for ways to cut the weight of vehicles, shifting to lighter materials and ditching some parts altogether. [More]
Save On Mid-Grade Gas By Mixing Regular And Premium
By 4.28.11
If you put mid-grade gas in your car, it’s actually cheaper to pump in a mixture of premium and regular to get the same octane level. But how much of each do you use to get the right blend? As will some day be with all things in life, there’s an app for that. [More]
Rising Gas Prices May Lead To Fuel Surcharge Increases On Shipments
By 4.27.11
Surging gas prices affect not only those with gas guzzlers, but potentially just about every product you buy. Rising shipping costs will likely be passed on to consumers, who will have less money to cover the costs because of other ways expensive gas is sucking them dry. [More]
Pump Price Keeps Rising Even Though You Stopped Filling Up
By 4.21.11
Seems like gas prices want to rise so bad, they’re even doing at the pumps themselves. Kirkster captured on video a fuel pump where the gallons and cost on the meter kept rising even after he stopped filling up his car. As if $4 gasoline wasn’t bad enough! [More]
Don't Fall For These Gas Saving Myths
By 4.16.11
The economic hardship brought on by gas price increases is a spawning ground for silly, ineffective conventional wisdom on how to cut down on fuel use. It’s important to distinguish between genuine gas-saving maneuvers and moronic wastes of time and effort. [More]
Want Cheap Gas? Try Costco
By 4.11.11
For a good price on gas, try your favorite purveyor of bulk-sized butter barrels. WSJ reports that Costco tries to sell gas at or below the lowest price in the neighborhood. [More]
The $2,300 Tank Of Gas
By 3.10.11
A man’s eyes popped out his head and went “Awoooga!” when they saw his receipt for pumping 13 gallons of gas: $2297.84! Since he paid with his debit card, that meant real money was immediately drained from his bank account, causing a $1,300 overdraft. At first the gas station manager just shrugged his shoulders and blamed the bank, but he changed his tune after news reporters walked in asking questions about the receipts. [More]
Why Compact Cars Give You The Most Value For The Money
By 3.9.11
To frugal drivers, value and efficiency are sexier than horsepower and design. With fuel economy, cost of ownership and resale value in mind, Forbes evaluated cars on the market and chose the most value-packed models. Most are compacts, with the Mazda2, Nissan Versa and Chevrolet Cruze taking three of the first four spots on the list. [More]
Gas Station Owner Says He's Not Gouging Customers
By 3.3.11
Gas prices keep rising at a ridiculous rate, but gas station owners aren’t to blame — take it from a gas station owner. [More]
Middle East Turmoil Makes Oil Prices Gush
By 2.24.11
Ongoing protests and government upheaval in the Middle East may be great for freedom, but the phenomenon is costly for anyone who needs to buy gas. Oil shot up past $100 a barrel Wednesday, its highest point in more than two years. [More]
