Archive for the ‘Gas Prices’ Category

Raising The Gas Tax: Auto Execs Push An Unpopular Solution

Raising The Gas Tax: Auto Execs Push An Unpopular Solution

We’ve been here before. The government mandates more fuel-efficient vehicles across the board, yet the American public continues to gravitate toward what’s big and powerful.

Barring this era of greater responsibility and restraint, which might pass like a fleeting fancy with the recession, why not pick the bigger or more powerful car, we say?

A lot of things are different this time around, though. Perhaps most remarkably, quite a few executives of automakers and major auto-supplier companies are voicing out in favor of higher fuel taxes—of more rigorous regulation of what types of vehicles can be built and sold—as a way of reducing our...

We’ve been here before. The government mandates more fuel-efficient vehicles across the board, yet the American public continues to gravitate toward what’s big and powerful. Barring this era of greater responsibility and restraint, which might pass like a fleeting fancy with the recession, why not pick the bigger or more powerful car, we say? A lot of things are different this time around, though. Perhaps most remarkably, quite a few executives of automakers and major auto-supplier companies are voicing out in favor of higher fuel taxes—of more rigorous regulation of what types of vehicles can be built and sold—as a way of reducing our... Read More

Friendly, Fuel-Sipping Chevy Aveo: Even Used In Bank Robberies!

Friendly, Fuel-Sipping Chevy Aveo: Even Used In Bank Robberies!

The practical, fuel efficient Chevrolet Aveo can save you money both on the purchase price and the gasoline it sips in use. The four-door sedan seats four, and the hatchback offers easily accessible load space for canvas sacks stuffed with banknotes.

But if you're going to use it for a getaway, hang onto your car keys after you rob that bank.

Neglecting that handy hint landed a gang of four robbers in the clink in the town of Bear, Delaware, yesterday, after one of them locked the keys to his Chevrolet Aveo in the bank they had just robbed.

Three men wearing wigs, along with one woman, entered the Artisans Bank yesterday morning just after...

The practical, fuel efficient Chevrolet Aveo can save you money both on the purchase price and the gasoline it sips in use. The four-door sedan seats four, and the hatchback offers easily accessible load space for canvas sacks stuffed with banknotes. But if you're going to use it for a getaway, hang onto your car keys after you rob that bank. Neglecting that handy hint landed a gang of four robbers in the clink in the town of Bear, Delaware, yesterday, after one of them locked the keys to his Chevrolet Aveo in the bank they had just robbed. Three men wearing wigs, along with one woman, entered the Artisans Bank yesterday morning just after... Read More

U.S. Government Considers Capping Speculation In Oil Trading

U.S. Government Considers Capping Speculation In Oil Trading

It's no secret that the price of oil--and subsequently, gasoline--has a profound effect on the types of vehicles consumers want. When per-barrel prices hit $145 last summer and gas was over $4 per gallon, folks finally paid attention to all those minicars they'd been hearing about. Now that oil is less than half that, SUVs are on everyone's mind. In light of such volatility, the Commodity Futures Trading Commission is looking to stabilize things by limiting speculative trading in oil and other energy commodities. It won't make everyone happy, but until elected officials get on the gas tax bandwagon, it may be the best we get. [NYTimes]

It's no secret that the price of oil--and subsequently, gasoline--has a profound effect on the types of vehicles consumers want. When per-barrel prices hit $145 last summer and gas was over $4 per gallon, folks finally paid attention to all those minicars they'd been hearing about. Now that oil is less than half that, SUVs are on everyone's mind. In light of such volatility, the Commodity Futures Trading Commission is looking to stabilize things by limiting speculative trading in oil and other energy commodities. It won't make everyone happy, but until elected officials get on the gas tax bandwagon, it may be the best we get. [NYTimes] Read More