Gasoline Prices: $6 Gas? Could Happen If Dollar Keeps Getting Weaker

A dollar plumbing three-year lows is hitting Americans squarely in the gas tank, and one economist thinks it could drive prices as high as $6 a gallon or more by summertime under the right conditions.

Sections:  news   business   
Topics:  currency   dollar   driving   gas prices   
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    The dollar has risen above 100 yen for the first time in more than four years as currency traders persist in selling the Japanese currency in reaction to Tokyo's aggressive credit-easing moves. More
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    A sharp decline in the price of oil this month is making gasoline cheaper at a time of year when it typically gets more expensive. It's a relief to motorists and business owners and a positive development for the economy. More
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    The fact that alcohol dissipates from the bloodstream over time does not by itself allow the police to take blood over objections, the Supreme Court ruled. More
  • A. O. Smith (AOS) Q1 2018 Results
    As a result of significantly higher steel prices and ... 20% in U.S. dollar terms. From a volume standpoint, I would tell you that the electric was somewhat flat from a volume standpoint, as this transition that we see from electric to gas continues ...
    04/25/2018 - 7:01 am | View Link
  • Striking Teachers in Coal and Gas Country Are Forcing States to Rethink Energy Company Giveaways
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    04/12/2018 - 12:00 am | View Link
  • If Canada has so much oil, why is our gasoline so expensive?
    Drive a mere two kilometres south into Point Roberts, WA, however, and gas can be had for the ... open its doors (it’s about to happen in Alberta, in fact), that refiner is still going to be selling at whatever prices the Americans are willing to pay.
    11/15/2017 - 5:32 am | View Link
  • Why this is going to be the most expensive year for gasoline since 2014
    With the Canadian dollar trading ... be in people’s gas tanks and gas stations’ storage tanks, meaning that the effective switchover at the refinery level needs to happen sooner, said McTeague. READ MORE: Despite soaring gas prices, February ...
    04/12/2017 - 5:35 pm | View Link
  • Could Arizona see $1 gas again? AAA weighs in as prices drop
    PHOENIX - Miss seeing $1 or less on those gas station signs? We do too. It’s been a long time since we’ve seen gas prices under a buck in Arizona, but could it happen again ... may prevent gas from reaching the dollar mark. But, there is some good ...
    01/13/2016 - 4:33 pm | View Link
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  • Pogue Carburetor, 'Gasoline Vapor Maker' Increase Mileage ...
    Charles Nelson Pogue invented a carburetor that vaporized gasonline, instead of nebulizing it into tiny drops, thus dramatically increasing mileage per gallon of gasoline used.
    04/23/2018 - 1:50 am | View Website
  • If Canada has so much oil, why is our gasoline so expensive?
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    04/23/2018 - 1:43 am | View Website
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    04/22/2018 - 2:44 pm | View Website
  • Petroleum
    Petroleum is a naturally occurring, yellow-to-black liquid found in geological formations beneath the Earth's surface. It is commonly refined into various types of fuels. ...
    04/21/2018 - 12:27 am | View Website
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    04/19/2018 - 12:29 am | View Website
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