Posts Tagged ‘gas prices’

Could One-Dollar Gas Be on the Horizon?

September 11th, 2015

2016 Chevrolet Volt pic-7085065711858782732-640x480

A post on our page yesterday introduced CarGurus readers to the 2016 Toyota Prius, a car that will get 55 miles per gallon and a new, more aggressive look.

Five years ago a car like this would have been considered a gift from the heavens, but today Toyota is trying its best to keep it relevant. The same can be said for the new Chevy Volt, which comes with 53 miles of electric range and a gas-powered engine good for a total of 430 miles.

Cars that use fuel sparingly find themselves in a tough market now that gas is well below $3 per gallon. The battle will only get harder if predictions of sub-$2 gas hold true.

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Wait on That SUV: Will Gas Prices Go Back Up?

January 20th, 2015

cheap gas

We’re all well aware that gas prices are absurdly low. Filling up my Audi Q7 used to approach $100, and now I can comfortably fill up for under $50. Prices are well below $2.00 per gallon, which harkens back to the good times of nearly a decade ago.

Of course with cheap gas, American drivers seem to forget that prices were ever high. Check out this quote from CNN:

With fuel prices steadily dropping, SUV and crossover sales climbed 11.8% higher last year. Now, with gas below $2 a gallon at most U.S. gas stations, that trend is expected to continue.

Instead of being thrilled that gas is cheap and keeping fuel-efficient cars to make the savings even bigger, we go right back to our SUV addiction. You know what that’ll do? That’s right. Welcome back, $4 gas.

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Gas Now at $1.99: Credit the Electrics?

January 2nd, 2015

Gas below $2/gallon!

Well look at this, friends: Gas prices are now below $2 per gallon.

Back in 2010, we could have looked ahead to 2015 and wondered how close we’d be to $5 per gallon or more.

Last time we paid this low a price for gasoline, Bill Clinton ran the country, and music came on shiny round discs.

That might be a bit of an exaggeration, but it seems accurate as far as I can remember.

Gas selling at $1.99 per gallon in my area brings back memories of listening to Vanilla Ice, rolling in my 5.0 and putting $10 in my tank to nearly fill it.

Should gas really be this cheap, or should the government step in and increase prices to encourage people to drive more efficient vehicles?

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Saving Fuel: New Car or Just Drive Slower?

August 19th, 2014

Canadian gas prices

Don’t be deceived by the gas signs when traveling abroad.

Gas prices here in the States are about as high as they’ve ever been, hovering just below $4 per gallon in my area. The premium stuff is $3.89 at my corner station.

That makes filling up my SUV a major account drain. In fact, there should probably be men in suits and dark glasses verifying account balances before drivers are allowed to enter a gas station’s general proximity.

Having a rig that gets 20 miles per gallon, tops, is expensive. Unfortunately, it’s also necessary when you have a family of 6 and enjoy adventurous car camping trips in another country.

A Toyota Prius just isn’t going to cut it.

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Americans Drive More Miles, Use Less Gas. Turbos Responsible?

February 6th, 2013
2013 Ford Fusion SE EcoBoost

Is the turbo worth the extra cost?

There are some odd stats out of the fossil-fuel world these last couple of days:

  • Fuel prices are up across the country, which is disturbing but not particularly odd.
  • Families paid an average of nearly $3,000 for fuel in 2012, or about 4% of the average household annual income. That’s the highest percentage in about 30 years. Again, sad, but not surprising or odd.
  • The amount of miles traveled by each household has increased significantly over the last 30 years, which seems to be in line with all these other trends.

So what’s the odd part about this latest news?

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California Gas Prices Looking More Like European Gas Prices

October 8th, 2012

L.A. gas prices

I may have picked the wrong time to go to Los Angeles.

October is normally a nice time to visit, as the heat has eased off and the perpetual smog and/or fire smoke has been cleared by the freshness of early Autumn. This year, though, my timing to visit Southern California could be some of the worst yet. Not because of fires or earthquakes or Academy Awards ceremonies, but because of gas prices.

You’d be hard-pressed to find a city more reliant on personal transportation than L.A., with miles of freeways all jam-packed with frustrated motorists burning fuel while slogging toward the next interchange.

Fuel that now costs, in some places, over $5 per gallon.

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The Costs of Driving Are Going Down!

June 25th, 2012

$3 gas!

How does gas at under $3 per gallon sound?

When I was 17 and paying just over a dollar a gallon, I would have punched the future me in the face for being excited about $3 gas. But with recent fears of $5 gas on the horizon, news of prices dropping back below three bucks is a welcome development.

At that price, we can stop buying over-priced Eco cars and start drag-racing our Escalades on the way to the grocery store again.

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Gas Crises? If You Have One of These Cars, Sell Now!

February 28th, 2012

Though our friends in England, Germany and Australia won’t take pity, word has it that gas prices in Los Angeles are quickly approaching $5 per gallon. That may not have put a dent in many celebs’ plans to drive their supercars to the Academy Awards last weekend, but that price is a huge budget-killer for most of us. (And a reason for some companies to ramp up their free gas campaigns!)

With no immediate signs of a retreat in prices through summer, it’s probably time to re-think your decision to buy that Suburban you thought was a good idea in 2009. Yes, that’s the last time gas dropped below $2 per gallon. If you took the bait and bought a new car back then thinking we were safe from high fuel prices, guess again. You should consider placing your fuel-chugging ride in the CarGurus used listings and sell before prices really explode. Especially if you drive one of these:

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Are Gas Stations Scamming Us?

October 5th, 2011

Gas pump nozzle

As if we don’t pay enough at the gas pump, now comes word that some stations may deliberately be shorting the amount of fuel we pump into our cars.

Originally reported by the Bangor Daily News, state inspection officials in Maine have found several stations with multiple pumps delivering less fuel than customers are paying for. In fact, some of them are so glaringly inaccurate that the agriculture department ordered them immediately shut down for being seven times outside the acceptable error tolerance.

That’s not even the worst of it: The state doesn’t have the time or money to find out which stations are doing it on purpose and which are the result of poorly calibrated pumps. The newspaper shared a memo from Maine’s Department of Agriculture that certainly isn’t shy about what it believes is happening:

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Could Michele Bachmann Deliver on Promise of Gas Under $2.00/Gallon?

August 23rd, 2011

It’s either a sign of a desperate candidate, proof that some people don’t understand how fuel is priced or a simple ploy to win votes.

Whatever her intent, presidential candidate Michele Bachmann has said she would bring back sub-$2/gallon fuel if elected. According to Politico she said:

The day that the president became president, gasoline was $1.79 a gallon. Look at what it is today. Under President Bachmann, you will see gasoline come down below $2 a gallon again. That will happen.

The average price today is $3.57 and slowly falling, thanks in part to the events unfolding in Libya. Of course, if “the president” wasn’t the president gas would still be under two bucks since he’s obviously the sole reason gas prices spiked. He must have failed to understand the “set gas prices” responsibility in the presidential job description; or maybe there’s more to gas prices than who is president.

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