Falling oil prices have put downward pressure on gasoline prices, now averaging $2.65 a gallon — about 85 cents cheaper than a year ago.
Gene J. Puskar/AP
August 3, 2015 Oil prices are falling, down sharply since mid-June to just over $45 a barrel. That has affected gasoline prices, now down to an average of $2.65 a gallon, about 85 cents less than a year ago.
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A customer fuels his car at a gas station in Pembroke, Mass. Economists say Americans have been slow to spend the money they saved from lower energy prices.
May 12, 2015 Falling oil prices haven't boosted economic growth as much as expected. That's partly because consumers have chosen to pay down debt and save some of the windfall rather than spend it all.
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Traffic moves along Route 21 in downtown Newark, N.J., where a gas station lists the price for regular unleaded gasoline at $1.72.
February 3, 2015 The prices that gas stations charge for fuel can vary widely. Smaller, independent stations are able to sell the cheapest gas because they undercut competitors by buying unbranded gasoline.
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Gas prices are displayed on a board at a Hess station in Hoboken, N.J., Sunday. Lower oil and gasoline prices are giving relief to consumers who recently seemed about to face the highest prices ever.
May 12, 2013 Drivers will find this summer's gas prices are lower than last year's, the result of a spike in crude oil production. Government forecasters say a gallon of regular gasoline will cost about $3.50 this summer — a slide of more than 10 cents from last year.
The new rules' would reduce harmful emissions, the EPA says.
David Paul Morris/Getty Images
March 29, 2013 The EPA is proposing regulations for lower-sulfur gasoline. It says that will reduce smog — leading to reductions in illnesses and death related to dirty air. Some GOP lawmakers oppose the rules because the price of a gallon of gas would rise — some experts say by a penny, others by more.
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Parts of New York were also suffering fuel shortages, including Staten Island, where there were long lines for gas Friday.
John Moore/Getty Images
November 3, 2012 The governors of both New Jersey and New York signed executive orders Friday intended to help address fuel shortages in areas hit by Sandy. The federal government also said it would be working to deliver fuel to the area.
The prices at a gas station in Los Angeles earlier this month.
Frederic J. Brown /AFP/Getty Images
March 23, 2012 Americans are consuming less gasoline, but upward pressure on crude oil prices, seasonal factors and the shutdown of some refineries are combining to push up prices at the pump.
Gas prices in France have topped more than $8 a gallon in some areas. In this photo from January, a woman rides her bike past a gas station in Paris.
Joel Saget/AFP/Getty Images
February 14, 2012 Prices for gasoline are hitting record highs in France, where a gallon now costs more than $8 in some areas. Here in the U.S., analysts are predicting high gas prices for American drivers this summer — more than $4 in many areas, from a current average of $3.52.
Jimmy McMillan of The Rent Is Too Damn High Party is pushing a new agenda.
May 18, 2011 Political activist Jimmy McMillan of the Rent Is Too Damn High Party is pushing another agenda — to lower the cost of gas. His "Gasoline Is Too Damn High" movement is just one of the things he has in store for his 2012 presidential run.
Sign of the times? Prices at a gas station in San Francisco on Friday.
March 7, 2011 If you had to fill up your car's tank this weekend, you might have wished you'd stopped by the bank first to take out a loan. Where do you think it will top out?
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