Crude Oil Falls Below $100 a Barrel
Oil prices plummeted by almost 9 percent on Thursday as traders worried that American drivers were beginning to balk at the price of gasoline.
View ArticleJune consumer prices record largest drop in a year
Consumer prices fell slightly more than expected in June to post their biggest drop in a year on weak gasoline costs, government data showed on Friday, pointing to a cooling in commodity-driven...
View ArticleGas prices, now averaging $3.92 a gallon, may have peaked
This year's surge in gas prices appears over, falling short of the record highs some had feared heading into peak summer driving season.read more
View ArticleAfter 4-month surge, gas prices start falling
The worst is over, for now. Gasoline prices are starting to fall. After a four-month surge pushed gasoline to nearly $4 per gallon in early April, drivers, politicians and economists worried that...
View ArticleOil Prices Suffer Largest One-Day Decline In Nearly Six Months
The price of oil suffered its biggest one-day decline in nearly six months Friday, falling below $100 per barrel for the first time since February. A drop in gasoline prices can't be far behind.read more
View ArticleLower oil prices ease load on consumers and Obama
What only weeks ago was seen as a serious threat to the economic recovery could now turn into a stimulus everyone can love. Oil and gasoline prices are sinking, giving relief to businesses and...
View ArticleCheaper gas spurs more travelers this Memorial Day
More Americans will hit the road this holiday weekend than a year ago. And they'll have a bit more money to spend thanks to lower gas prices....read more
View ArticleGas prices drop 15 cents in the last 2 weeks
The average price of a gallon of gasoline in the U.S. has dropped 15 cents over the past two weeks.read more
View ArticleRetail sales point to stronger third-quarter consumer spending
U.S. retail sales rose in September as Americans bought more cars and gasoline, while a gauge of consumer spending pointed to stronger-than-expected economic growth in the third quarter.read more
View ArticleDrivers benefit as oil prices drop sharply
A sharp decline in the price of oil this month is making gasoline cheaper at a time of year when it typically gets more expensive. It's a relief to motorists and business owners and a positive...
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