Happy Energy Independence Day: The Cheapest Fourth of July Gas In Over A Decade
On a real basis, gas may be cheaper than it has been on any Independence Day in this century.
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Mexican Drivers Are Flooding to California to Fill up on Gasoline
Mexican drivers are spending hours to cross California’s southern border so they can fill up on U.S. gasoline, because Mexican protesters have blocked fuel distribution centers near Mexicali.
Gas Prices Stay High in California, Fall in Rest of Country
The average price of gas is below $2 per gallon in more than half of the United States, but prices at California pumps are creeping higher due to maintenance issues at refineries across the Golden State.
Police Seek Suspect Who Doused Pomona Woman In Gas, Burned Her To Death
Pomona Police are seeking 51-year-old Clarence Duwell Dear, whom they believe doused a woman with gasoline and burned her alive on Friday.
Tesla’s ‘Success’ a Great Example of How Regulations Manipulate Markets
The American consumer resists marketing aimed at selling them electric and hybrid vehicles. For the first quarter of 2015, according to the Wall Street Journal (WSJ), Chevrolet sold 1,874 Volts—its electric car introduced in 2010 with “high expectations.” That roughly equals the number of Silverado pick-up trucks sold in one day.
Oil Is Down. Gasoline Isn’t. What’s Up?
A little more than a year ago, oil prices reached above $100 a barrel. Gasoline averaged in the $3.50 range nationally. In late spring, oil appeared $60ish and the national average for gas remained around $2.70. The price of a barrel of oil has since plunged to $40 and below—yet, prices at the pump remain just slightly less than they were when oil was almost double what it is today.
