Gas Prices

Study Finds that Gasoline Prices Impact Home Values

A study published by the Brooking Institution finds varying results, depending on the neighborhood, for a study of the impact of gasoline prices on home values.

December 8, 2014 - Brookings

Michigan May Drop Fuel Excise Tax for Wholesale Sales Tax

The Republican-controlled Michigan State Senate voted November 13 to increase the state's 19-cents per gallon fuel tax by converting it to a wholesale fuel sales tax, resulting in an anticipated $1.2 billion annual revenue increase.

November 18, 2014 - The Detroit News

Like the Old Days: Average Fuel Economy Declines in the United States

A recent study at the University of Michigan Transportation Research Institute showed that September saw the largest decline in average fuel economy, from 25.8 mpg to 25.3 mpg, since December 2011.

October 9, 2014 - 24/7 Wall Street

'Hidden Gas Tax' or Not—California's Cap and Trade Policy Starts a New Era

Will California gas station see queues at their pumps on Dec. 31 as motorists seek their last fill-up before gas prices soar 15 cents per gallon, as AB 69 supporters warned? The bill died in the state legislature on August 22.

August 29, 2014 - Los Angele Times

How Much Will Gas Prices Rise in California After Cap and Trade?

It could be as low as nine cents per gallon, or as high as 76 cents, writes UC Berkeley energy expert Severin Borenstein. On January 1, transportation fuels are included under California's landmark cap and trade program.

August 15, 2014 - greentechmedia

President Obama OKs Initial Crude Oil Export

An energy policy developed during the 1983 Arab oil embargo is loosening thanks to an order by the Commerce Department, though not as much as oil companies would like. Will gas prices rise? No, they will fall, argues energy expert Daniel Yergin.

June 25, 2014 - The Wall Street Journal

U.S. Experiences Second-Highest Transit Ridership Since 1957

According to a new report, U.S. transit ridership increased to 10.5 billion rides in 2012 - a 1.5% increase over 2011, despite transit shutdowns and reductions caused by Superstorm Sandy. High gas prices, and their volatility, was a major cause.

March 12, 2013 - USA Today

Public Transit Use Continues to Rise

The American Public Transportation Association has released a new report showing that more people nationwide are taking buses and trains. Amid high has prices, young students and struggling families are being credited with the jump.

December 11, 2012 - The Los Angeles Times

Odd-Even Gas Rationing Returns to New Jersey

It's 1973 again in 12 counties - this time Hurricane Sandy, rather than OPEC, is to blame. For those carrying gas cans rather than driving (or pushing) cars to the stations, they're exempt. The military and FEMA will deliver more fuel to NY and NJ.

November 5, 2012 - The Star-Ledger (New Jersey)

Fuel Industry Incites Fear of CA's Low Carbon Fuel Standard

"You think 50 cents in one week is bad - wait till the state adopts the Low Carbon Fuel Standard", warns one critic, predicting increases three times as much. The regulation was devised by the CA Air Resources Board to reduce greenhouse gas emissions

October 16, 2012 - San Francisco Chronicle

Getting To $2.50 Gasoline - A Marketplace Final Report

In this second and final look at how to achieve Republican presidential candidate Newt Gingrich's promise of $2.50 gas, Marketplace's Kai Ryssdal reports on a subsidy strategy discussed in The Atlantic. Earlier he presented a price controls approach.

March 11, 2012 - Marketplace (American Public Media)

Gas Prices and the Value of Walkable Communities

The average family paid 25% more in gas in 2011 than they did in 2010. With that trend expected to continue into the foreseeable future, the case for the importance of walkable neighborhoods will grow along with it.

January 14, 2012 - PlaceShakers

Gas Prices & Transit Ridership: New Report Details The Connection

Eric Jaffe reports on new research by urban travel behavior expert Bradley Lane of U. of Texas/El Paso on elasticity of gas prices and bus and rail ridership. Interestingly, rail ridership spiked twice as much as bus ridership when gas prices rose.

December 4, 2011 - The Atlantic Cities

Gas Prices Drive Canadians to Bikes

Sunny Freeman of The Canadian Press takes to the streets to talk to bicyclists about their choice of conveyance. She says a gas price spike during the summer of 2008 pushed many Canadians onto two wheels.

August 14, 2011 - Canadian Business

Cheap(er) Gas Prices On Horizon

Gas prices have been dropping for a month. According to the chief oil analyst with the Oil Price Information Service in this radio interview, expect prices to continue dropping to as low as $3.25 a gallon, but don't expect lower than $3.00.

June 21, 2011 - NPR-Weekend Edition Sunday

Gas Prices Fueling Political Squabbles

The highest gas prices since the summer of 2008 have the two political parties taking separate approaches toward the oil industry - each showing how effective they are at killing each other's plans.

May 23, 2011 - The New York Times - Editorial

Transit Use Up Again, Thanks to Expensive Gas

As reporter Robert J. Hawkins notes, "It's like 2008 all over again." Back then, skyrocketing gas prices sent people fleeing to use public transit. Today, the pattern remains the same, at least in San Diego.

April 11, 2011 - San Diego Union-Tribune

Combating Gas Prices with Transit and Urban Design

As gas prices rise, more voices are calling for increased investments in transit and more multi-modal city planning.

March 24, 2011 - USA Today

$4 per Gallon Gas – Are We Ready?

With gas prices increasing rapidly, Scott Bernstein of the Center for Neighborhood Technology says the most effective solution is to reduce the demand by creating more "location-efficient" communities.

March 21, 2011 - Scott Bernstein

Transit is a Bargain, Thanks to Skyrocketing Gas Prices

A new report from the American Public Transit Association shows how transit riders are saving a bundle in comparison with car commuters, particularly when you factor in the rising cost of gasoline.

March 7, 2011 - Treehugger

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