Citigroup upgrading mile-high club

What can I say?"Beleaguered Citigroup is upgrading its mile-high club with a brand-new $50 million corporate jet - only this time, it's the taxpayers who are getting screwed. Even though the bank's stock is as cheap as a gallon of gas and it's burning through a $45 billion...

Crude Oil below $25 - Prediction

According to predictions from Merrill Lynch & Co. crude oil is expected to drop below $25 a barrel. Definetly news which oil/energy companies are not going to be very happy about. What do you think about...

Shell Oil Company achieves 376.59 mpg in test car- 1973!

"Indianapolis (IN) - Using fully stock production gasoline engine powered vehicles, with engine modifications limited only to changes in fuel mixture and ignition timing, Shell Oil Company served host to an open...

Gasoline Price Makes Biggest Drop Ever

The average rate for a gallon of gasoline in the US fell drastically, as the largest drop on record.  Consumer demand, falling oil prices and the worldwide financial crisis have all driven the price of gas...

Under $3 gas

"GEORGETOWN, SC (WMBF) - If there was one stretch of road that could bring a smile to the faces of drivers fueling up at the pump, it would be in Georgetown. Both residents and drivers in the area are seeing...

Democrats to let offshore drilling ban expire

"Democrats have decided to allow a quarter-century ban on drilling for oil off the Atlantic and Pacific coasts to expire next week, conceding defeat in a months-long battle with the White House and Republicans set...

Democrats to let offshore drilling ban expire

It was decided today that the House Democrats will now allow a drilling ban to expire, meaning oil can now be drilled off the Atlantic and Pacific coasts starting next week.This could be very hazardous for the...

Save Money By Buying Gas At Night

"Save Money By Buying Gas At Night photo credit: richpix  The gasoline price gouging has gone on long enough in Vancouver - stations raise the price each morning and drop them later in the day. The average increase is 16-20 cents a gallon surcharge for the...

Drivers shave off 9.6B miles in May

"NEW YORK (CNNMoney.com) -- Americans drove 9.6 billion fewer miles in May compared to a year earlier, according to a report from the Federal Highway Administration. The decline was the third-largest monthly drop since the agency, a division of the U.S. Department of...

Gas Pumps Cheated Drivers, Investigation Finds

AUSTIN, Texas -- A company that operates gas stations in several states, including Colorado, has caught the attention of Texas officials, who claim the company is ripping off drivers at the pump. Authorities say a...

California Uses More Gas than China

"Given all the news coverage about the rise of the Chinese economy, you could be forgiven for thinking that the world's most populous country is hogging all the world's resources, while the developed nations are fighting for scraps. But, at least with transportation fuel,...

A New National Speed Limit?

Sammy Hagar will not be happy as Senator John Warner calls for a new national speed limit to combat high fuel prices in the US.Motorists, let us know in the polls: would you be in favor of a new speed limit, or...

Nice jugs: new milk cartons for a greener Earth

A newly-designed milk jug is cheaper and better for the environment, but many consumers say it's awkward to use and a mess to clean up."NORTH CANTON, Ohio — A simple change to the design of the gallon milk jug, adopted by Wal-Mart and Costco, seems made for the times. The...

Survey: 3 Out of 4 Angry About High Gas Prices

"June 27, 2008 Red states and blue states are united on at least one issue: Americans are increasingly angry and anxious about high gas prices and favor far-reaching action on energy and climate issues, according to a new poll. About three out of four Americans and a...

Consumers Favor Hybrid Technologies

"Americans, to quote JFK, seem willing to "pay any price" to achieve better gas mileage. As gasoline prices pass $4 a gallon, consumers remain high on hybrids. That holds true both before and after the average market price -- $5,000 -- is revealed, according to the J.D....

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