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he Federal Trade Commission today issued a report entitled “Gasoline Price Changes: The Dynamic of Supply, Demand, and Competition.” The Report analyzes the many factors that influence fluctuations in the prices that U.S. consumers pay for gasoline at their local gas station. It examines a wide range of gasoline price factors – including the cost [...]

Where gasoline is cheap, and why it’s making yours priceyBy Steve Hargreaves, CNNMoney.com staff writer
In Saudi Arabia gasoline costs about 45 cents a gallon. In Iran it’s 33. Venezuelans pay under a quarter.
These absurdly low prices are a direct result of massive government subsidies.

While these numbers are not adjusted for cost of living, [...]

As i write this blog entry i am litterly agasht at the amount of other bloggers out in the blog-sphere claiming that the current price of gas is artificially low. What does that actually mean, and if the price of gas is actually lower than it should be, then why do all of the Petroleum [...]

By JOHN WILENAssociated Press
NEW YORK — Gasoline futures prices edged higher on continuing supply concerns today while oil prices extended their declines after the government said it would suspend oil purchases for the Strategic Petroleum Reserve.
June gasoline futures bobbled between gains and losses before rising 1.5 cents to settle at $2.2476 a gallon on the [...]