NEW YORK (CNNMoney) — The national average price for a gallon of gasoline rose above the $3.80 mark Monday, resuming the advance that has plagued drivers throughout the winter.
MORE
Tagged as:
cost of living,
crude ol,
Economic recovery,
gas prices,
gasoline,
Inflation,
Oil prices,
Recession,
US economic recovery,
US economy
NEW YORKÂ (CNNMoney) — Stocks fell sharply Wednesday, as energy and materials stocks were particularly hard hit by a sell-off in oil and gasoline futures.
“Commodities are getting crushed here, and it’s taking the whole market with it,” said David Rovelli, managing director of U.S. equity trading at Canaccord Adams.
Read the full article at CNNMoney.
Tagged as:
commodities,
Gas,
gasoline,
Inflation,
oil,
Oil prices,
Recession,
sell off,
stock market,
US economy,
wall street
(CNNMoney) — The average price of a gallon of gasoline reached the $3.90 mark Friday, after climbing 2 cents overnight, according to a survey by motorist group AAA.
With Friday’s boost, gas prices have increased for 38 days in a row. During that time, prices have risen more than 36 cents, a jump of 10%.
Read the rest of the story at CNNMoney.com.
Tagged as:
CNNmoney.com,
cost of gas,
Economic recovery,
Ephrata,
gas prices,
gasoline,
Lancaster County,
Oil prices,
Recession,
US economy
March 4, 2011
Here we go again. Gas prices are soaring and might top $4 a gallon, possibly reaching record highs this summer. Analysts blame the price surge on unrest in the Middle East and seasonal demands. “It’s awful,” said Harold Metzger of Lampeter, as he pumped fuel into his work car’s tank Thursday outside of East Petersburg. […]
Tagged as:
Economic recovery,
Gas,
gas prices,
Inflation,
Lancaster County,
oil,
Oil prices,
Recession,
rising gas prices,
Unemployment,
US economic recovery,
US economy
Read more →
March 1, 2011
Vast liberalization and democratization in the Middle East could be positive for oil production in the long run. Just look at what happened in Russia and Iraq. The price of oil is already indicating to us that the current turmoil in the Middle East will not be resolved in the short term. Prices of most […]
Tagged as:
CNNmoney.com,
Economic recovery,
Fortune Magazine,
lower oil prices,
Middle East,
oil,
Oil prices,
oil supply,
rising oil prices,
US economic recovery,
US economy,
world economy
Read more →
February 26, 2011
Deep spending cuts by state and local governments pose a growing threat to an economy that is already grappling with high unemployment, depressed home prices and the surging cost of oil. Lawmakers at state capitols and city halls are slashing jobs and programs, arguing that some pain now is better than a lot more later. […]
Tagged as:
Economic recovery,
government spending cuts,
Inflation,
Jobless,
local government spending cuts,
Oil prices,
Recession,
Unemployment,
US economic recovery,
US economy
Read more →
February 25, 2011
Just when the U.S. economy seemed to be getting its footing, a number of new obstacles risk tripping it up. A spike in oil prices due to spreading unrest in the Middle East is the highest profile problem, but not the only one. http://money.cnn.com/2011/02/24/news/economy/economic_risks_oil_spike_spending_cuts_stocks/index.htm
Tagged as:
Economic recovery,
Middle East unrest,
oil,
Oil prices,
Recession,
Saudi Arabia,
spiking oil prices,
stock market,
threats to economy,
US economic growth,
US economic recovery
Read more →