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Boehner Open to Repealing Oil Company Tax Breaks
WASHINGTON -- House Speaker John Boehner said Monday that Congress should "take a look at" repealing the multibillion-dollar tax subsidies enjoyed by the major oil companies. The Ohio Republican told "ABC World News" that the government is low on revenues and that oil companies "ought to be paying their fair share." A...
Gas Prices Loom as Re-Election Obstacle for Obama
WASHINGTON - With gas prices climbing and little relief in sight, President Barack Obama is scrambling to get ahead of the latest potential obstacle to his re-election bid, even as Republicans are making plans to exploit the issue. No one seems more aware of the electoral peril than Obama himself. "My poll numbers go up...
gas prices News From AOL
Gas Prices Decline Five Weeks In A Row
Gas prices have been falling for five consecutive weeks, defying prognosticators who said the cost would soar to a national average of $5 a gallon.
Car Buyers Won't Change Habits Until Gas Hits $6.51 A Gallon
More than one third of car shoppers say that gas prices will have to top $6.51 before they would consider buying a more fuel efficient vehicle , according to a recent survey obtained by AOL Autos.
Rising Gas Prices May Hurt Obama, but Republicans Poised to Overplay Their Hand
Republicans hope to turn high gas prices into electoral gains, but voters don't yet blame Obama for skyrocketing prices and more think Democrats will do a better job than Republicans on energy.
Cheap Summer Power Predicted for the U.S.
Natural gas prices are stifling power sector diversification and limiting earnings growth in the sector, bank analysts said amidst mixed first-quarter results forecasts for investor-owned utilities.
Why Gas Prices Rise Quickly but Fall Slowly
It's a well-known law of physics that everything falls at the same rate.
Background on gas prices
The usage and pricing of gasoline or petrol results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation, and the availability of local sources of gasoline (supply).
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