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Gas prices back above $2

Fri, 06 Mar 2009 11:55:42 GMT

Many gas stations in Central Indiana are back above $2 a gallon for the first time in weeks. Drivers were surprised but some in the fuel business say they're not.

Oil falls as gas prices hit 3-year low

Tue, 02 Dec 2008 19:04:21 GMT

Oil prices dipped again Tuesday and gas prices hit their lowest levels since January 2005 with the United States officially in a recession.

Gas falls to 2004 levels

Tue, 25 Nov 2008 18:46:30 GMT

Oil prices fell 5 percent Tuesday and gasoline prices fell to levels not seen since 2004 as a raft of lousy news about the economy, housing and the consumer state of mind suggested the U.S. is headed toward the worst recession in decades.

Survey: Gas prices break the $2 mark

Mon, 24 Nov 2008 12:25:04 GMT

A national survey shows gas prices across the nation dropped to less than $2 a gallon for the first time since March 2005.

Oil at 3-year lows

Thu, 20 Nov 2008 18:01:07 GMT

Prices at the pump fell again overnight nationally close to $2 a gallon, with the average price in 23 even less than that.

Oil near $56

Wed, 12 Nov 2008 20:34:00 GMT

Oil prices plunged below $56 a barrel Wednesday as awful numbers from retailers and a dismal outlook from automakers lent yet more evidence that the U.S. and the rest of the globe will slash its energy use.

Gasoline continues plunge

Tue, 11 Nov 2008 18:44:09 GMT

Retail gasoline prices dipped for a 17th week since July 4, falling below $2 a gallon in a number of states.

Survey says gas prices fall 48 cents

Mon, 10 Nov 2008 11:54:03 GMT

Times are tough, but they're getting a lot less so at the gas pump.

Oil prices near $60

Thu, 06 Nov 2008 16:52:57 GMT

Oil prices neared $60 a barrel Thursday, the lowest point in about a year and a half, as a growing number of economic reports point to a long and painful recession.

Another drop for oil

Mon, 03 Nov 2008 19:34:32 GMT

A worsening economic climate pushed oil and gasoline prices down even further Monday, one bit of good news for consumers amid a flurry of dour economic reports.

Exxon Mobil breaks record profit level

Thu, 30 Oct 2008 14:00:46 GMT

Exxon Mobil Corp., the world's largest publicly traded oil company, reported income Thursday that shattered its own record for the biggest profit from operations by a U.S. corporation, earning $14.83 billion in the third quarter.

Oil bounces off 17-month low

Wed, 29 Oct 2008 12:28:32 GMT

Oil prices bounced off a 17-month low Wednesday as a rally in stock markets boosted views the market has now priced in the worst of a global economic slowdown and its impact on crude demand.

Oil prices plunge

Fri, 24 Oct 2008 20:11:43 GMT

Crude tumbled Friday and the price for a gallon of gasoline fell below year-ago levels for the first time in 2008, even as OPEC announced a huge production cut in an attempt to halt the declines.

OPEC slashes production

Fri, 24 Oct 2008 17:54:30 GMT

OPEC said at an emergency meeting Friday that it will slash oil production by 1.5 million barrels to stem the "dramatic collapse" of oil prices.