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
  • How Lyft's John Zimmer went from sleeping on a couch and eating frozen Trader Joe's meals to running a $7.5 billion company
    Shontell: How does that happen? You find someone who eventually becomes your cofounder ... You guys should be paired up, save the cost of the gas, and split the ride. And some people didn't have access to a car, and so they also wanted a ride.
    10/14/2017 - 1:41 am | View Link
  • FTSE 100 and 250 hit record highs as pound sinks on Brexit 'deadlock'
    British Gas owner Centrica pared early losses to nudge up 3.4p to ... "[I] cannot imagine that would happen," said the leader of the world's lender of last resort, speaking at the IMF's annual meeting in Washington DC. "For the people themselves, what ...
    10/12/2017 - 7:19 am | View Link
  • FTSE 100 closes higher as Catalan president's speech in the spotlight
    The pound like yesterday stayed strong, up a tad - 0.04%- against the Euro and up 0.53% against the US dollar. On Wall Street ... President Donald Trump's proposed tax cuts to happen. 2.40pm: Oil prices rise as OPEC says market is rebalancing Oil prices ...
    10/10/2017 - 5:20 am | View Link
  • Press Conference with the Minister for Health
    So if we can lift those survival rates that will make every dollar worthwhile. We have research into rejection ... has already seen wholesale gas prices come down, because there is a shortage of gas on the east coast. We took strong action to ensure ...
    10/10/2017 - 4:00 am | View Link
  • J.P. Morgan Reigns in 2017 All-America Research Team
    We got the sense that deal was going to happen and published heavily on it a month before ... given how they did after the fact. Oil prices started really falling early — we recognized that and got ahead of it. Worst call you ever made?
    10/10/2017 - 12:05 am | View Link
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  • Rising Gas Prices: How High Has it Gone Over the Years ...
    Inflation Adjusted Data. Gas prices are spiraling through the roof like never seen before. People often point to specific years that gas was so cheap, in an effort to ...
    10/12/2017 - 8:24 am | View Website
  • Independent and Franchise Gasoline Station Owners ...
    Information for Independent Gasoline Station Owners, including issues involving jobbers and oil companies
    10/12/2017 - 7:19 am | View Website
  • How rising gas prices impact economy
    Rising gas prices are a growing threat to the American way of life
    03/8/2017 - 9:19 am | View Website
  • AAA Study Finds Drastic Differences In Gasoline Quality ...
    April 29th, 2017 at 11:32 pm; I was using costco gasoline and getting bad gas milage, then in early September I filled up with ChevronI was getting four ...
    07/7/2016 - 2:40 pm | View Website
  • Gas vs. Diesel: The Bad Investment Only Fleet Managers ...
    Gas vs. Diesel: The Bad Investment Only Fleet Managers Know About. October 2015, Government Fleet - Feature by Bob Stanton
    10/18/2015 - 7:59 pm | View Website
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