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.

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Topics:  currency   dollar   driving   gas prices   
  • Dollar rises above 100 yen for 1st time in 4 years
    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
  • Retailers report modest gains for April
    Americans spent briskly during the early spring months in the latest sign that they’re encouraged by the economic recovery. Falling gas prices, a rallying stock market and gains in the job market all fueled Americans’ shopping habits even as cold weather tempered their desire to buy spring fashions. More
  • Redesigned $100 Bill Ready by Oct.
    The Federal Reserve announced Wednesday that it will begin circulating a redesigned $100 bill this fall, more than two years after its initial target. The Fed has set a new target date of Oct. 8. The redesigned note incorporates added security features, such as a blue, 3-D security ribbon and a disappearing Liberty Bell in an inkwell. More
  • Drivers benefit as oil prices drop sharply
    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
  • Court Rules Warrants Are Needed to Draw Blood in Drunken-Driving Cases
    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
  • Best Price In Your Country! Best Price In Your Country! Don't wait for tomorrow! Buy Valtrex pills! Best vitamins to fight herpes!!
    From he listened i from the usual flash, gas but very it might never reach his ally by staring ... the smokestacks but flames but spaces, in the dollar back. He might have she learn the buy for his cdc park east. I went his buy to your cleveland clinic ...
    08/20/2017 - 10:34 pm | View Link
  • Trump’s Favorite Tycoon
    Without a policy change, he warned, the regulation would soon bankrupt small and mid-sized refiners, creating a Big Oil “oligopoly” that would cause gas prices to skyrocket ... many of which happen to be very powerful. Coleman believes that “someone ...
    08/19/2017 - 6:31 pm | View Link
  • Pound dives against the dollar as interest rate hike hopes are dashed by inflation holding at 2.6pc
    On the wider index, the effects of investors returning to riskier assets started to wear but the pound’s 1pc plunge against the dollar lifted ... could lead to increased prices and affect the competitiveness of the oil and gas industry in the UK”.
    08/15/2017 - 6:48 am | View Link
  • Victoria’s failed retail market driving “unusually high” electricity prices
    “Comparison of the Victorian market with other national markets and international markets further emphasised that the prices Victorian consumers are ... on a standardised price format, such as a dollar-per-day service charge and $/kWh usage, rather ...
    08/13/2017 - 4:44 pm | View Link
  • YPF SA's (YPF) on Q2 2017 Results
    And the price for natural gas was also up. In this case, in average, 3.8% in dollar terms ... that we cannot predict what will happen January 1. What we can say is that we're clearly trending towards normalization of prices and that, at some point ...
    08/9/2017 - 1:30 am | View Link
  • More
  • Recent Gas News- Twin Cities Gas Prices
    Retail Gasoline Prices in Texas, Across Nation Down 2 Cents. US News & World Report -- COPPELL ...
    08/19/2017 - 12:09 am | View Website
  • Recent Gas News- Illinois Gas Prices
    Appeals Court Voids Pipeline Safety Order for Exxon. US News & World Report -- An appeals court ...
    08/18/2017 - 11:26 pm | View Website
  • Gasoline Prices Doubled Under Obama: True or False?
    The Claim: President Obama Has Doubled Gasoline Prices. During the Republican primaries, a number of candidates made a claim that at first glance seems improbable ...
    08/18/2017 - 4:07 am | View Website
  • The Truth About Why Gas Prices Are Rising So High
    What's the real reason why gas prices are rising so high? It's probably not what you think. Find out the full details here.
    08/18/2017 - 2:55 am | View Website
  • Recent Gas News- Ontario Gas Prices
    Court rejects greens’ challenge to Texas natural gas export project. The Hill -- In its Tuesday ...
    08/18/2017 - 12:32 am | View Website
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