GAS PRICES

Why gas prices are likely to keep climbing

Political turmoil, upheaval in commodities markets and Americans hitting the road all have resulted in higher gas prices.  More

You'll pay a little less for gas this summer

Government agency forecasts gas prices to be down 6 cents a gallon this summer, to $3.63, compared to 2012 driving season.  More

Expect relief from record February gas prices

Gas prices rose 36 cents in February, but experts expect lower prices ahead.  More

Why gas prices are rising

Gas prices are up 17 cents in the last week alone. Analysts say a better economy, OPEC cuts and refinery shutdowns are all partly to blame.  More

$5 a gallon gas hits California

Drivers in downtown Los Angeles are questioning why some gas prices have jumped past $5 a gallon.  Play

Energy prices on the rise again

Rising oil and gasoline prices haven't cut into economic growth yet, and analysts aren't expecting them to this year.  More

Exxon's big plans for offshore drilling

Exxon is spending $14 billion to develop a huge new oil field in the Canadian North Atlantic. Some want Atlantic offshore drilling in the United States too.  More

California could be next oil boom state

California has a massive mount of shale oil and could be poised for a boom, if it can safely get it out of the ground.  More

Gas prices near a two-year low

Gas prices are falling steadily on increased supply and lower demand, taking pump prices near levels last reached in early 2011.  More

U.S. to become biggest oil producer - IEA

The United States will overtake Saudi Arabia to become the world's biggest oil producer by around 2020, and will be energy independent 10 years later, according to a new forecast by the International Energy Agency.  More

Gas sells on Craigslist post-Sandy, at a price

Some sellers are charging as much as $20 to $30 a gallon.  More

Behind the gas panic: One expert explains

Long lines for gasoline continue to plague parts of the North East, but one oil and gas expert says its a "crisis of crowds," rather than a true shortage. Panic should start subsiding by Wednesday.  More

$4 gas: Get used to it

A new U.N. report says the massive bets placed on the commodities markets are the "root cause" of the volatility in oil and gas prices. And that's not about to change.  More

Gas shortage continues in areas hit by Sandy

Gas shortage caused by Superstorm Sandy means that long lines continue to form in New York and New Jersey at those stations that still have power.  More

After Sandy, gas lines stretch for miles

Cars and pedestrians toting jerry cans are queuing up for hours at gas stations in New Jersey and New York amid a fuel shortage.  More

Gas guzzlers need to go on a diet

CNN's Fareed Zakaria reports that cars have gotten increasingly heavier and looks at one scientist's design for the lighter car of the future.  Play

Largest refinery okay, but gas shortage still a risk

Fears have eased that Sandy would take down already diminished refining capacity and boost gas prices.  More

How to invest in a natural-gas boom

Don't get involved in the speculative futures market. Invest in long-term natural gas winners instead.  More

Hurricane threatens refineries - expect gas price spike

Hurricane Sandy, the largest Atlantic storm ever recorded, is threatening U.S. oil refineries that are weaker than they used to be. Any serious damage or delays could cause gas prices to spike.  More

Record Labor Day gas prices won't last

Hurricane Isaac, refinery fire caused large run-up in gas prices in August but experts believe drivers will soon get relief from record Labor Day pump prices.  More

Gas prices rise again on Isaac impact

Gas prices nationwide rise 2.2 cents a gallon, largely due to Isaac, about half the previous day's increase.  More

Shell gets OK for Arctic drilling prep

Obama administration grants Royal Dutch Shell permission to begin drilling preparations in the Arctic off Alaska.  More

Volt monthly sales to hit record in August

Strong demand in California, higher gas prices and dealer incentives lift monthly Volt sales over 2,500 for the first time.  More

Ohio drivers zapped at the pump by Isaac

The Great Lakes region is far from Hurricane Isaac's eye. But Ohio, Indiana and Michigan are the states with biggest jump in gas prices.  More

Isaac leads to 5-cent gas price spike

Hurricane Isaac causes average price for gallon of regular gas to jump nearly 5 cents in latest AAA report. But wholesale prices are already falling, suggesting the pump pain should be short-lived.  More

Rules to double U.S. fuel economy to 54.5 mpg by 2024

New rules require nearly doubling fuel economy average for cars and light trucks by the 2025 model year.  More

Iran just can't stop pumping oil

Sanctions may have cut Iran's oil exports by a million barrels a day. Yet the country is still producing oil at full tilt, as cutting back is complicated and potentially harmful.  More

Obama to allow more Arctic drilling

Obama administration outlines plans for more Arctic oil drilling, but says new leases won't be granted until 2016 to allow more time for studies.  More

Stimulus-by-the-gallon: Lower gas prices

With gas prices down about 40 cents a gallon since early April, stimulus is coming in the form of more dollars in consumers' wallets to help counter economic headwinds.  More

Mass transit use jumps amid high gas prices

Ridership on the nation's buses and trains has its one of its biggest quarterly jumps ever, as high gas prices and a rebounding economy entice commuters to mass transit.  More

Airlines seek to slash fuel costs

With jet fuel prices near record highs, airlines are cutting routes, replacing aircraft and going high-tech to save money.  More

Summer gas prices - as good as they'll get

While prices are off 2012 peak, they're still higher than normal, and are unlikely to drop further.  More

Oil boom strikes Kansas

Quiet Kansas farm towns are quickly transforming into boomtowns as new technologies make drilling along the southern border of the state more attractive.  More

How Iran could double its oil output

Many analysts think Iran could double its oil output to nearly 7 million barrels per day. The catch is lifting sanctions.  More

Gas price relief misses the West Coast

Gas prices have been steadily falling in most of the nation, but West Coast drivers are still paying top dollar at the pump.  More

Keystone isn't the only pipeline

At least a dozen new pipeline projects are slated to carry oil from the mid continent to the Gulf Coast, potentially lowering gas prices but coming with an environmental toll.  More

Turning natural gas into diesel fuel

The country is awash in natural gas, but diesel prices are near all-time highs. It's possible to make one from the other.  More
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