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

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… » 10/16/08 6:20pm 10/16/08 6:20pm

Best Thing About The Financiapocalypse? Cheap Gas!

As MSNBC » 10/13/08 1:40pm 10/13/08 1:40pm reports, 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…

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

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. » 9/22/08 3:00pm 9/22/08 3:00pm), 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…

US Vehicle Miles Traveled Drop 3.7% In May; Experts Think Could…

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… » 7/29/08 9:40am 7/29/08 9:40am