Gasoline Prices

Carribean

Florida Prepares for Irma: Building Codes, Cranes, Evacuation, Storm Surge

As Irma leaves the Caribbean and heads for Florida, with landfall expected this weekend, there is a lot to worry about: New building codes will be put to test, fuel to evacuate is in short supply, and cranes have not been dismantled.

September 8, 2017 - The New York Times

Satellite Image

Hurricane Effect: Rising Gas Prices

One need not be on the Gulf Coast to experience some of the effects of Hurricane Harvey, a category 4 storm that landed near Corpus Christi on Friday night. Gas prices are expected to rise five to ten cents per gallon in some regions, then recede.

August 28, 2017 - USA Today

Gas Station 7-Eleven

Odd Years are Good for Hiking State Gas Taxes

Already California, Indiana, Montana, South Carolina (overriding a governor's veto), Tennessee, and Utah* have raised gas taxes this year, while last year was a drought—only New Jersey increased its gas tax.

June 14, 2017 - The Council of State Governments

Gas Pump

U.S. Gasoline Consumption Might Decline Despite Love Affair with SUVs

Gasoline consumption in the U.S. peaked in 2007, but began climbing in late 2014 with the decline in gas prices. Last year almost set a new record, but increases in gas prices, fuel efficiency and more EVs could reverse the direction—but when?

January 24, 2017 - Oil Price

Shock at Mexican Fuel Price Hike Turns to Pandemonium

Reaction to the 20 percent hike in fuel prices on New Year's Day has been swift, causing riots and looting resulting in four deaths and arrests of over 700 people, but President Enrique Peña Nieto continues to justify the need to end fuel subsidies.

January 9, 2017 - The Associated Press

Cancun gas station

New Year's Shock Greets Motorists at Mexican Gas Stations

Mexico began deregulation of gasoline prices to the dismay of motorists, as gas prices jumped about 20 percent on New Year's Day. People are so upset that pundits suggest the decision may imperil President Enrique Peña Nieto's re-election next year.

January 5, 2017 - The Washington Post

Fatal Explosion in Gasoline Pipeline that Suffered Major Spill in September

A strategic interstate gasoline pipeline exploded in Alabama on Oct. 31, not far from the September spill site after an accidental strike by a track hoe, killing one and injuring five workers. Higher gas prices and long lines are anticipated.

November 3, 2016 - Reuters

Gasoline Shortage Hits South and East Coast after Pipeline Rupture

The rupture reveals the hazards of pipelines, but also shows how important they are to the economy. Six governors declared states of emergency to deal with gasoline shortages resulting from the pipeline shutdown in Shelby County, Alabama.

September 20, 2016 - The Huntsville Times

Gas and Bikes

Charting the Precise Relationship Between Gas Prices and Transit Ridership

When gas prices fall, discretionary transit riders also spend less on transit according to an analysis of credit and debit card bills by the JP Morgan Chase Institute.

July 14, 2016 - Marketplace

Greatest Barrier to Reducing Greenhouse Gas Emissions in California: Gas Prices

Gas prices are down and sales are up, and greenhouse gas emissions from transportation, the largest source of the state's emissions, are up, even though overall they dipped. In addition to increased driving, sales of EVs and hybrids dropped.

July 11, 2016 - San Francisco Chronicle

Saudi Arabia Reducing Gasoline Subsidies to Cope with Budget Deficit

The world's third cheapest gasoline will increase by 40 percent in order to deal with a record budget deficit of $98 billion this year. Plummeting oil prices have forced the world's largest oil exporter, Saudi Arabia, to reduce energy subsidies.

December 30, 2015 - AFP

California's Oil Battles Move from Legislature to Air Resources Board

Big Oil may have defeated Gov. Jerry Brown's oil reduction goal in the legislature this month, but there are other avenues for the green governor to pursue his climate change agenda. The Low Carbon Fuel Standard was renewed by CARB on Sept. 25.

September 27, 2015 - The Sacramento Bee - Capitol Alert

Record Memorial Day Travel Due to Low Gas Prices, Improved Economy

In addition to record travel this Memorial Day, the U.S. DOT reports that March broke the record for the most vehicle miles traveled (VMT). Gas prices, though rising since late March, are predicted to drop and remain low through the end of 2015.

May 26, 2015 - The New York Times - Energy & Environment

OPEC Sees U.S. Motorists as Their Ally

An IEA report suggests that oil prices have bottomed-out, are now on the rebound, and that demand for OPEC's oil will start rising next year. OPEC predicts that U.S. oil consumption will increase after years of decline, thanks to U.S. motorists.

February 12, 2015 - OPEC Says U.S. Motorists

Will Electric Vehicles Feel the Pinch from $2.30 Gasoline?

Having posted two environmental pluses from low oil prices, we look at a negative—the effect on sales of EVs would seem to be one of the more evident downsides. How will alternative-fueled vehicles compete in the marketplace when gas costs $2.30?

December 27, 2014 - San Francisco Chronicle

Significant Jump in California Driving

Mirroring a previously reported increase in gasoline consumption in California, the vehicle miles traveled increase over last year is the largest in a decade. The reasons are the same: cheaper gas and an improved economy with more people working.

December 19, 2014 - The Sacramento Bee

Republican Governors, Encouraged by Low Gas Prices, to Raise Gas Taxes

While there may never be a good time to increase the federal gas tax, the same is not true when it comes to state gas taxes—perhaps because governors can't transfer billions of dollars from general funds to pay for roads. Lower gas prices helps.

December 12, 2014 - NPR

Is There Ever a Good Time to Increase the Federal Gas Tax?

Oil prices are at a five-year low with gasoline prices averaging $2.67 a gallon, lowest since February 2010. Furthermore, they are expected to drop another 17 cents to $2.50 a gallon in time for Christmas, so why not raise the gas tax by a nickel?

December 10, 2014 - The Atlantic

California Fuel Consumption Rises—First Time in Eight Years

For the first time since 2006, gasoline consumption in California increased from the prior fiscal year. From July 2013 through June 2014, consumption increased 1 percent.

December 4, 2014 - The Sacramento Bee

Motorists have OPEC to Thank for Lowest Oil Prices in Five Years

American motorists are enjoying the lowest gasoline prices in five years because OPEC chose not to reduce oil output in the hopes that decreased oil prices will be lower than the cost needed to frack oil from shale.

December 2, 2014 - Vox

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