Posts Tagged ‘AAA’

Oil jumps on global stock rally

June 1st, 2009

Crude futures touch a 7-month high - before retreating slightly - as stock markets soar and the dollar weakens.
NEW YORK (CNNMoney.com) — Oil prices touched 7-month highs Monday as global stock markets surged and the U.S. dollar weakened.
Crude futures were up $1.46 at $67.77 a barrel but had reached as high as $68.29 in [...]

Gasoline prices climb: Fuel costs on rise as summer driving season shifts into gear

May 23rd, 2009

Motorists still paying less than they did in 2008
Drivers aren’t exactly thrilled about paying more for gas than they were a month ago, but it sure beats the price they were paying at this time last year.
Gas prices climbed to an average of $2.30 a gallon in the Lafayette metro area Thursday.
That’s up 31 cents [...]

Gas prices rise as oil prices fall

February 11th, 2009

By Janis Mara
Californians are driving fewer and fewer miles, the price of crude oil has dropped, and the price of gasoline is — up?
Though crude oil has dropped 11 percent in price since Dec. 16 of last year, when gas reached its low of $1.75 a gallon in the Oakland metropolitan area and crude cost [...]

Gas falls for 75th day

December 2nd, 2008

By Kenneth Musante, CNNMoney.com staff writer
Price remains above $2 a gallon in only 3 states and the District of Columbia.
NEW YORK (CNNMoney.com) — Gas prices fell for the 75th consecutive day on Monday, and sold below $2 a gallon in all but three states and the District of Columbia, according to a daily survey of [...]

Gas prices continue to fall

November 24th, 2008

Average U.S. price falls to $1.929 a gallon, according to national daily survey.
NEW YORK (CNNMoney.com) — Gasoline prices continued to sink, falling for the 67th day in a row, according to a national survey of gas station credit card swipes released Sunday.
The average price of gas in the United States fell to $1.929 a gallon, [...]

Oil Closes Below $50, Lowest Price Since May 2005

November 21st, 2008

Oil Closes Below $50, Lowest Price Since May 2005
After rising to dizzying heights this summer, the oil market is suffering a hair-raising drop with no apparent end in sight.
Oil prices fell to their lowest level in more than three years, falling below $50 a barrel on Thursday, after shedding close to $100 in four months [...]

Crude Oil Rises Amid Speculation OPEC Will Curtail Production

October 8th, 2008

By Margot Habiby
Oct. 7 (Bloomberg) — Crude oil rose for the first time in a week, halting a 13 percent decline in the past four days, amid speculation OPEC will curb output because of falling prices.
Oil increased as Libya’s top oil official called for a production cut, and Qatar’s oil minister said the country [...]

Crude Oil Drops for Fourth Day on Concern Demand Will Weaken

October 6th, 2008

By Margot Habiby
Oct. 6 (Bloomberg) — Crude oil fell for a fourth day as the credit crisis deepened in Europe, adding to concern that global economic growth will slow and reduce demand for fuels.
Oil dipped as low as $88.89 a barrel after European leaders pledged to bail out troubled banks and protect depositors. OPEC [...]

Gas prices: Down 15 cents in 8 days

September 25th, 2008

Gasoline prices continue trending lower but remain 31% above year ago levels.
NEW YORK (CNNMoney.com) — Gas prices extended their decline, falling for the eighth day in a row, according to a nationwide survey of credit card swipes at gasoline stations.
The average price of unleaded regular dropped 1.5 cents to $3.70 a gallon, from $3.715 a [...]

Manic market pushes gas prices down

September 20th, 2008

Philadelphia Business Journal
The region’s gasoline prices, which appeared headed for an upswing on Monday, have instead dropped, pushed down by this week’s tumultuous market and Hurricane Ike doing less damage to oil industry infrastructure than feared, according to AAA Mid-Atlantic.
Gas prices, which had shot up by double digits in most areas by the start of [...]