gas prices

Business
4:53 pm
Wed January 8, 2014

As Temps Drop, Gas Prices Rise, Along With Demand For Fuel

Propane cylinders sit on the grounds of Blue Rhino, a propane gas company, in Tavares, Fla. In the Midwest, farmers needed more propane for crops that came in later than normal.
Gerardo Mora Getty Images

Originally published on Mon February 10, 2014 3:18 pm

Cold weather this week has boosted demand for heating fuels across the country. Natural gas prices are up, especially in the Northeast. At one point prices for natural gas into New York City jumped nearly tenfold from an average winter price of $5.68 per million BTU to $55.49, according to Bentek Energy, an analytics company.

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Business
2:25 am
Fri October 18, 2013

Declining Gas Prices Pump Up A Shaky Economy

A motorist fuels up at a service station in Springfield, Ill.
Seth Perlman AP

Originally published on Fri October 18, 2013 11:34 am

In recent weeks, economists have been worrying about the negative impact of the now-ended government shutdown and potential debt crisis.

But away from Capitol Hill, the economy has been getting a big boost: Gasoline prices have been declining, week after week. In some parts of the country, a gallon of unleaded regular gasoline is now down to less than $3 a gallon — a price most Americans haven't seen in three years.

And any time the pump price starts dropping, consumer spirits start rising.

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