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   
  • 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
  • Monday Market Movement - Huffington Post
    ... of the strong Dollar/weak ... when anything can happen. ... oil lobby is getting gas back ... of the US oil cartel, who have driven ...
    05/2/2016 - 9:42 am | View Link
  • 4 Stocks With Bigger Dividends Than Procter & Gamble - Motley Fool
    4 Stocks With Bigger Dividends Than Procter & Gamble -
    04/25/2016 - 3:05 pm | View Link
  • More
  • 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 ...
    01/12/2016 - 4:33 pm | View Link
  • Gasoline prices fall to $2 a gallon
    "I happen to think that this will be something that persists into at least January." The drop in gas prices is expected to ... The International Energy Agency predicts low prices to continue though 2016, due to a strong dollar, sluggish demand in Europe ...
    12/20/2015 - 9:50 pm | View Link
  • Gasoline prices fall to $2 a gallon
    “I happen to think that this will be something that persists into at least January.” All of which is a boost to holiday spending. Low gas prices has ... Agency predicts low prices to continue though 2016, due to a strong dollar, sluggish demand in ...
    12/20/2015 - 8:48 pm | View Link
  • Gasoline prices in Arizona at $2.83 per gallon
    That's up by more than 11 cents from last week and ends seven weeks of falling prices. "Gas ... dollar fuel is likely in some states, but overly optimistic for others," Gorman said. "If we are going to make a run for $2, the fall/winter is when it would ...
    07/15/2015 - 9:04 pm | View Link
  • Gasoline Prices Across The Southland Rise Sharply
    He says when supplies are down prices jump. On this spike, as little as 11 cents a gallon to nearly a dollar in ... is what will happen here too, Montgomery told the Orange County Register. "A panic is going on, then when the buyers (gas station owners ...
    07/10/2015 - 4:15 pm | View Link
  • More
  • Free gas prices Essays and Papers
    Title Length Color Rating : Effects of Rising Gas Prices - Gas has many effects in our society, and some of these effects have a negative impact in our life. Our daily lives depend on gas, when we go to work, school and going out.
    05/1/2016 - 11:09 pm | 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. ... To make matters worse, America is not exploiting its oil resources fully. The President likes to say production has risen ...
    05/1/2016 - 8:24 pm | View Website
  • Hybrid vs. Gasoline Vehicle Comparison – Are Hybrid ...
    Are hybrid vehicles worth it? With record high gas prices due to the price of oil, I’m sure that most car owners out there have major concerns over their gas usage
    05/1/2016 - 4:11 am | View Website
  • Futures & Options Trading for Risk Management
    CME Group is the world's leading and most diverse derivatives marketplace offering the widest range of futures and options products for risk management. ... As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk.
    05/1/2016 - 3:20 am | View Website
  • 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 blame politicians, Big Oil, or whomever else is the flavor of the day.
    05/1/2016 - 3:13 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News