<![CDATA[Jalopnik: Crude Oil]]> http://cache.jalopnik.com/assets/base/img/thumbs140x140/jalopnik.com.png <![CDATA[Jalopnik: Crude Oil]]> http://jalopnik.com/tag/crude oil http://jalopnik.com/tag/crude oil <![CDATA[Analyst: Oil Should Be $10 A Barrel]]> No, you didn't misread the headline. Energy analyst Peter Beutel thinks the price of a barrel of oil would be just $10 if it weren't an investment instrument because we've got more of it than ever. [CNBC] More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=5626705&view=rss&microfeed=true <![CDATA[Gas Prices Continue To Rise, U.S. Average Reaches $2.45]]> With Memorial Day in the past, some were hoping gas prices would drop. They haven't. What's going on? More »
]]> http://jalopnik.com/index.php?op=postcommentfeed&postId=5272604&view=rss&microfeed=true <![CDATA[US Vehicle Miles Traveled Drop 3.7% In May; Experts Think Could Possibly Be Related To Higher Gas Prices Or Something]]> According to a report from the U.S. Federal Highway Administration, Americans drove 3.7% less in May 2008 than in May 2007. It may not sound like much, but that equates to 9.6 billion fewer miles driven during a month particularly significant as a big vacation travel time. The report notes the decline is primarily due to high gas prices, but it's being used as a rallying cry for alternative infrastructure funding: With less fuel usage, gas taxes alone won't pay for desperately needed roadwork and bridge repair. We bet you Prius owners out there didn't think about how you were screwing over the rest of us, did you? More »
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