• i feel gassy

    National Gas Price Drops Below $2.00 Per Gallon, 50% In Five Months

    The price of a regular gallon of gas dropped to an average of $1.97 on Friday, the lowest price since March 4, 2005, according to the Lundberg Survey. By comparison, gas prices hit a high of $4.11 on July of this year, meaning the price has changed more than 50% since the summer. Additionally, the average price of diesel fuel for that new 2009 Jetta SportWagen TDI is now just $2.93 per gallon, the first time that a ride on the green handle was less than $3.00. Now with cheap gas we can all conveniently forget about hybrid cars and go back to building body-on-frame sport utility vehicles and take Hummer off the auction block. We've got average prices for a smattering of cities below, but how much did a gallon cost you today?. More »

    1:00 PM on Mon Nov 24 2008
    By Matt Hardigree
    5,296 views, 149 comments

    Most discussed Captain Slow and his Flying Washing Machine: Quick! Everyone go buy Escalades! Oh, and $1.89 in Fairfax, Virginia. more »

  • i feel gassy

    Oil Futures Close Below $70 A Barrel, Prices At The Pump Matching Historical Record

    The futures price of a barrel of crude oil closed today at $69.85, down $4.69 a barrel since trading ended yesterday. This is the first time oil closed below $70 a barrel since June 2007, which forced us to ask the question: 'How much did a gallon of regular cost in June 2007?' Well, after a quick hunt we found the answer was $3 a gallon, with a low price of $2.75 in Jackson, Mississippi and the high in Chicago at $3.39. Where does that leave us? With a desire to shake our fists at big oil about why gas prices haven't come down...only to find out they have, and match the historical record almost perfectly. Dagnabit. [NYTimes, Gas prices from: CarSeek]

    6:20 PM on Thu Oct 16 2008
    By Ben Wojdyla
    2,619 views, 64 comments

    Most discussed Bubs: I'm interested to see how much longer this lasts before they decide to jack the prices back up again. It's more »

  • Financiapocalypse

    Best Thing About The Financiapocalypse? Cheap Gas!

    As MSNBC reports, crude oil prices are creeping upward on reports of positive economic news around the globe, but not before they hit their lowest price in over a year on Friday: $77.70 a barrel. Turns out the global recession is lowering demand for oil, forcing prices into an overall downward trend, a cycle at least one analyst expects to continue in the short term. The result at home has been a drop in gas prices from a national average of $4.11 per gallon in mid-July to the current $3.35 for a gallon of dino-juice — just the thing to prop up consumer confidence, at least until OPEC's special meeting next month, which actually might have more to do with propping up the Dow Jones Industrial Average today than anything else. So do your part, folks: Drive your cars or the domestic terrorists on Wall Street win!

    1:40 PM on Mon Oct 13 2008
    By Andrew Stoy
    4,367 views, 75 comments

    Most discussed mcryder: and we need opec to set our pricing why? i put them on the same level as the UN. another more »

  • i feel gassy

    Financiapocalypse Is The New Gaspocalypse

    If you haven't been paying attention lately, the price of a barrel of crude oil has dropped over the last month, trading today at a 13-month low of $78.61 in mid-day trading. Analysts are pointing toward the continued disintegration of the financial markets which could lead to drops in global productivity and thus fuel consumption. The gaspocalypse is indeed easing as we've seen such craziness as above, regular on sale for under the $2.99 figure right at our corner fuel stop. Sure is a far cry from that trade-halting $120-a-barrel price spike three weeks ago. [CNN Money]
    Check out Gawker Media's full Financiapocalypse coverage at Economy.Consumerist.com!

    3:20 PM on Fri Oct 10 2008
    By Ben Wojdyla
    1,384 views, 61 comments

    Most discussed The Name's Ash78, Housewares: Don't know about my fellow Southerners, but I finally saw gas below $3.75 (87 oct) yesterday. Looks like around $3.59 more »

  • i feel gassy

    Ford Stock Price Dips Below The Cost Of A Gallon Of Gas

    Today, the price of a share of Ford stock dipped to $2.40 (as of 1:58 PM), the lowest price valuation on the automaker since 1983. In fact, at that price, we figure it's lower than the cost of a gallon of regular unleaded gas at any service station in the country. We decided we'd see if that was actually true. More »

    2:00 PM on Thu Oct 9 2008
    By Andrew Stoy
    8,626 views, 75 comments

    Most discussed philibuster: Is it time for a Ford death watch? more »

  • gas prices

    DOT Reports Americans Still Driving Less

    Transportation Secretary Mary Peters is lamenting the fact that Americans are driving less, resulting in declining gas tax revenues and decreased funding for road projects. As eTrucker reports, the federal government already had to make an emergency contribution of $8 billion to the DOT in September to continue in-progress projects. Statistics show Americans have driven 62.6 billion miles less than they did over the same nine-month period last year, leading Peters to remark "If we don’t evolve our policies, we will leave a sad legacy of old roads, crowded highways and unfulfilled transit ambitions." Which is exactly what we have now, so who do we blame for that? [eTrucker; Photo Credit]

    1:45 PM on Mon Oct 6 2008
    By Andrew Stoy
    610 views, 36 comments

    Most discussed Elhigh: If there were ever a time to push for mass transit in your area, now's the time. The general public more »

  • twitter

    Twitter Finds A Use Other Than Jalopnik, Helps Atlanta Residents Find Gas

    We thought Twitter was only useful for Jalopnik readers looking to get notified when we run important stories by subscribing to our feed. But who knew the tool had other uses? In a definitive sign the looming gaspocalypse has in fact already arrived, Atlanta residents are using Twitter to help them locate gas stations that actually have fuel to sell. More »

    10:00 AM on Tue Sep 30 2008
    By Andrew Stoy
    1,040 views, 36 comments

    Most discussed beercheck: Atlantans don't have gas? I'll bet their shit doesn't stink, either. more »

  • i feel gassy

    Watching Tonight's Presidential Debate?

    If you're watching tonight's Presidential debate — and why wouldn't you be as energy policy will affect the price you pay at the pump — head on over to Gawker's live-blog of the debate. Who knows, it could be fun! [Gawker, Photo Credit: Chron]

    8:00 PM on Fri Sep 26 2008
    By Ray Wert
    1,660 views, 59 comments

    Most discussed adidascrosscountry: So the choice is an old guy who's been part of the establishment for a hundred years. Or an unqualified more »

  • International Trucks

    International Discontinues CXT, MXT And RXT Civilian Truck Line

    International, makers of the stupidly huge and awesome CXT, MXT and RXT $90,000+ luxury consumer trucks, has killed its consumer products division. You can guess why: The rise of green fashion, gas prices and the whole "America doesn’t have money anymore" thing. The company will now focus exclusively on their commercial and military ranges. [Kicking Tires]

    1:40 PM on Fri Sep 26 2008
    By Wes Siler
    2,569 views, 45 comments

    Most discussed UDMan: You can still get a Topkick, or Kodiak from a GM Dealer: If you want one that is.... more »

  • i feel gassy

    Price Of Oil Skyrockets Over 14% To $120 Per Barrel, End Of Days Draws Ever More Nigh

    In case you don't have the ticker for oil prices set in your RSS feeder or a cerebral feed to the 24 hour news channels (I like CNBC for all the pretty colors! — Ed.), you might not know that the price on a barrel of light sweet crude jumped as much as 24% to above $130 per barrell at the New York Mercantile Exchange today, halting trading momentarily as prices exceeded the daily limit. The day ended with prices up 14.78% to a price of $120.00 for October contract expirations. Analysts are naming the cause as either confidence in the economic recovery following the proposed $700 billion plus bailout of the banking system or the runaway inflation that may be a result of the same action. Regardless of the reason, we just ran out and filled up our tanks before the shock hits gas stations, and we'd recommend the same to you if possible — as the gaspocalypse draws ever more nigh. [Marketwatch, Stockhouse]

    3:00 PM on Mon Sep 22 2008
    By Ben Wojdyla
    1,681 views, 69 comments

    Most discussed graverobber- My Yugo Nova!: Please let me know when the looting begins. I don't want to miss out on the looting. more »