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GASOLINE-PRICES

The Wire

Vietnam lowers gasoline prices by 8 percent

Vietnam has lowered gasoline prices by 8 percent as world oil prices hover around $43 a barrel.

Vietnam lowers gasoline prices

Vietnam lowered fuel prices by 8 percent Tuesday as world oil prices fell to three-year lows.

Gasoline prices below $2/gallon in parts of US

New government statistics show gasoline prices continue to tumble, falling more than 25 cents in the past week to a national average of $2.656 a gallon.

Chavez says Venezuela will not raise gas prices

President Hugo Chavez says Venezuela has no plans to raise state-subsidized gasoline prices anytime soon.

Plans Produced to Attack High Gas Prices

High gasoline costs and the political fallout they may create are producing a flurry of proposals from both Republicans and Democrats aimed at soothing motorists' anger.

Gas Prices Rise Above $2.50 a Gallon

The average retail price of gasoline soared by almost 14 cents last week, rising above $2.50 a gallon for the first time since late October.

The Vine

The Price of Gasoline and the President

Over the last nine months since Barack Obama has taken office I have waited. I have waited for the price of gasoline to drop. During the election with the $4.00 price tag for a gallon of gasoline I heard Senator Obama call for a windfall profits tax on the Oil Companies.

Gas prices drop to lowest level in eight weeks
Source: USA Today

The average price drivers paid for gasoline fell to $2.46 a gallon, the lowest level in eight weeks, the Energy Department said Monday.

Record-high gasoline hit one year ago
Source: tulsaworld.com

Exactly a year ago in Tulsa, gasoline hit a record high of $3.93 a gallon as a speculative frenzy gripped the oil market. Tulsa's high came a day after the national average peaked at $4.11. A day before that, crude oil reached a high of $145.29.

Energy Secretary Chu rules out higher petrol tax
Source: FT.com

"Reducing America's reliance on oil by raising petrol prices to European levels through increased taxes or regulation is not politically feasible, says Steven Chu, US secretary of energy.

Gas prices jump 16 cents last week to a 6-month high
Source: USA Today

Gasoline prices soared 16 cents a gallon over the last week to the highest level in more than six months as more expensive crude oil was passed on to consumers at the pump, the Energy Department said Monday.

Gasoline prices jump past $2
Source: USA Today

The average price of gasoline in the U.S. jumped 2.8 cents overnight to $2.169 for regular Friday, an enormous leap by recent standards. The average is up 12.2 cents the past month, after having seemed stuck around $2.

Did the oil companies push the U.S. economy into a recession to bolster profits?

The new Fortune 500 list of 2008's most profitable companies revealed that Exxon Mobil ranked first on the list with 2008 profits of $45.22 billion. Chevron ranked second with 2008 profits of $23.93 billion.

Settlement in gas price-gouging probe tops $100,000
Source: Bluegrass Politics

"FRANKFORT — Eight retail gasoline stations will pay the state more than $100,000 as part of a settlement in the gas price-gouging investigation that occurred in the wake of Hurricane Ike last September, Attorney General Jack Conway said Thursday."

Win. Win. Win. Win. Win. Win
Source: The New York Times

Tom Friedman advocates for a gasoline tax to keep gas prices up---so folks will turn loose of the up and down game forced on us by the producers.

Internet Overtakes Newspapers As News Source
Source: people-press.org

Excerpt: The internet, which emerged this year as a leading source for campaign news, has now surpassed all other media except television as a main source for national and international news.

Economic bright spot: energy prices | csmonitor.com
Source: Christian Science Monitor

New York - The best economic news that consumers receive next year could be the price they pay for energy. Although it's almost 2009, prices at the pump – close to $1.65 a gallon – are below what Americans paid in 2004.

Missouri Has Lowest Gas Prices in the Nation
Source: kspr.com

According to a AAA report released Monday, the average for a gallon of unleaded is $1.59 in Missouri.

Indiana lawmakers want answers about gas prices
Source: The Starpress.com

I hope you get to read the comments on this article. I have tried to include them with the seed, but if you cant, you may have to register for the news papers site. The comments are well worth reading.

Gas shortage creates tensions
Source: CNN

Over at the Southwest, things are turning very serious indeed, as fellow Americans are fighting over petrol. This is just gas. What if the financial crunch really hit all our homes, what measures will the US government take to maintain peace and order?

Oil falls 5.4 percent in biggest drop since 2004
Source: Yahoo! Finance

NEW YORK (Reuters) - Crude oil prices fell more than 5.4 percent on Friday in the biggest one-day slide since 2004 as dealers turned their focus to rising supply levels and weakening global demand. A rebound in the U.S.

Obama's short-sighted gas price relief plan-no, it's not tire pressure this time
Source: Canada.com

Democratic presidential candidate Barack Obama's plan to release oil from the Strategic Petroleum Reserve may lower crude and gasoline prices in the short term, but it could also leave the United States more vulnerable in a supply emergency.

Over-inflating tires is not a gas-saving move
Source: komonews.com

Sky-high gasoline prices have people looking for various ways to squeeze more miles out of every gallon.

Standing on the Bridge to Dependence

If you ask Harry Reid or Nancy Pelosi who is to blame for the price of oil, you are guaranteed a reference to the evil oil speculator. They are even considering legislation to "rein in energy market speculation blamed for high oil and gasoline prices." Harry Reid says:

This Time, It's Different
Source: The Washington Post

There is little prospect that drivers will ever again see gas prices retreat to the levels they enjoyed for much of the last generation.

Pelosi: Bush Drilling Plan a 'Hoax'
Source: ABC News Blogs

"The only thing standing between the American people and these vast oil resources is action from the U.S. Congress," Mr. Bush said. "Now the ball is squarely in Congress' court."

As Gas Prices Soar, Elderly Face Cuts in Aid
Source: The New York Times

The NYT reports: Faced with soaring gasoline prices, agencies around the country that provide services to the elderly say they are having to cut back on programs like Meals on Wheels, transportation assistance and home care, especially in rural areas that depend on volunteers who …

Cause for Alarm on the Fourth of July
Source: The New York Times

Another article on the USA is declining.

Chrysler Jedi Mind Trick: Lets Refuel America - $2.99 per Gallon Gasoline Guaranteed for Three Years
Source: Machete - The Blog

Well...they are in fact offering to guarantee $2.99 / gallon of gasoline for three years when you buy a Chrysler vehicle...but if you do the math...the Chrysler vehicle still ends up more expensive than just about ALL other auto makes...Facts Inside.

SUV Values Plummet As Americans Shun Them
Source: The Washington Post

Americans' love affair with 22-inch rims, eight cylinders and four-wheel drive wrapped in an 8,000-pound package is over. And the breakup is going to cost.

Speculators Aren't Responsible For High Gas Prices
Source: The Washington Post

Tired of high gasoline prices and rising food costs? Well, here's a solution. Let's shoot the speculators.

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