As heard on the most music morning show during your information update, Kristine Bellino gave us the good news that future lower oil prices could lead to lower prices at the pump.
We're paying over $4 a gallon for gas here in Utica but the good news is that the price is a penny cheaper than where the national average for a gallon of regular stood last week, according to the AAA.
Indeed, there are signs that the run-up at the gas pump has or will soon reach its peak. Those who think the numbers could soon start falling point to factors such as the weak European economy, the
We think we've found the highest gas prices in the nation, California's Catalina Island, about 25 off the coast of Los Angeles. Regular unleaded gasoline has topped $7.00 per gallon.
Uninsured driving is a serious matter in the eyes of the government, but perhaps none more so than for UK officials. In fact, some government authorities from across the pond would like to prohibit gas stations from letting those people fill up their tanks.
While public transportation was the primary way Americans got around in the 1940s, the boom in car ownership eventually meant fewer people on subways and buses.
But thanks to high gas prices and an improving economy, that seems to be changing.
Turmoil in the Middle East is nothing new. Gas prices going up is nothing new. What is new is the possibility that we could be looking at prices at the pump lurking in the neighborhood of $5 a gallon by the summer. And that’s painful.
With the average price of gas approaching four dollars a gallon, the question becomes whether Americans are going to start to seriously changing their current driving habits and vacation plans, in light of this hike.
Anchor Diane Sawyer and corespondent Cecelia Vega react with shock as gas prices jump 10 cents at a station in Los Angles in the span of a 2 minute news story.
See the video after the jump.
Remember the summer of 2008 when the highest gas prices on record occurred and the price for a gallon of fuel hit $4.11?
Hate to break this to yah, but a warm winter and tensions in the Middle East have some analysts predicting current prices will top $4 by this spring — and could even climb as high as $6.50.