October 16th, 2008 @ MReed // No Comments
Oil prices declined below $79 per barrel this past Friday, explaining why consumers were able to enjoy relief at the pump over the weekend. The recent plunge is the lowest it has dropped in almost 13 months. Crude oil has declined by nearly 45% since exploding with a record high of $147.27 on July 11, [...]
August 7th, 2008 @ MReed // No Comments
Motorists across the country are split on an idea by Congress to lower the national speed limit to 55 miles per hour. Some are outraged by that fact such a move could add on an estimated 45 minutes to an hour in driving while others believe it might have a huge impact and actually help [...]
August 1st, 2008 @ MReed // No Comments
Record prices on gasoline and diesel fuel have led more U.S. motorists to carpool, use public transportation or simply park their vehicles to save money. This factor has created another concern that ultimately threatens the safety of the roads we drive on. According to the Wall Street Journal, government officials fear that a lack of [...]
July 31st, 2008 @ MReed // No Comments
The price of gasoline has dropped 11.7 cents in the past two weeks, placing the national average at around $3.98 per gallon according to GasPriceWatch.com. The drop mirrors a decline of an estimated $20 per barrel in oil prices over the last two weeks. This is the first time gasoline has been under $4.00 since [...]
July 16th, 2008 @ MReed // No Comments
Diesel fuel is averaging a 3.7 cents per gallon, weekly increase. The average price of a gallon of diesel in the United States according to the Department of energy is now $4.764
