Gas, Gasoline | featured news

Even though there's been little change in gas prices recently, drivers could soon see changes in the look of the pumps they use to fill up. The Obama administration and the Environmental Protection Agency announced Thursday they intend to phase out the rubber boots on gas pump handles now used to capture harmful gasoline vapors while refueling cars.

U.S. gas prices have edged up 6 cents over the past two weeks, but don't fret that a steady climb is on the horizon, the publisher of a new survey said Sunday.

Jim Davidson, author of "75 Ways To Save Gas," is a petrol skinflint who doesn't like to waste even the vapor of a drop of gasoline he's paid for, let alone the drop.

With gasoline prices hovering at $4 a gallon nationally, many Americans are making tough choices: scaling back summer vacations, driving less or ditching the car altogether. Some seniors are choosing a tank of gas over their prescriptions....

Rex Tillerson, the boss of ExxonMobil admitted last week that the price of oil–based purely on supply and demand- should be in the $60 to $70 a barrel range. The reason it’s above $100 a barrel, Tillerson explained, is due to the oil majors using futures contracts to lock in current high prices, and speculation that is engineered by the high-frequency trading of quantitative hedge funds.

The average gas price in the United States has hit the $4 mark, just 11 cents shy of the all-time high, according to a survey published Sunday.

Oil prices plummeted by almost 9 percent on Thursday as traders worried that American drivers were beginning to balk at the price of gasoline.

The average price of a gallon of gasoline in the United States rose slightly in the last two weeks and will likely hold steady for some time, according to an industry analyst.

An Arlington man died Sunday after a flash fire ignited while he was working on his pickup at home. The 28-year-old removed the truck's gas tank Sunday morning in his closed garage in the 400 block of Overhill Drive, near East Abram Street, officials said.

The average retail price for gasoline dipped below $2.50 a gallon for the first time in two months Monday as swelling oil supplies and slumping demand overshadowed even a fire at a major U.S. refinery.