Gas prices soar 40 percent since January

Just a week ago, drivers nationally paid about 17 cents less for a gallon of gas on average.

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Why are gas prices going up?

AAA cites the seasonal change to "summer blend" gasoline formulas and expectations of an improved economy for a spike in retail gasoline prices in Texas.

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Lawmakers call for action on rail plan

"The time has come for us to act as a region," State Rep. Vicki Truitt (R-Southlake) said today in urging support for an $11 billion North Texas commuter rail network.

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Crude oil is getting cheaper — so why isn't gas?

Crude oil prices have fallen to new lows for this year. So you'd think gas prices would sink right along with them. Not so.

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GM unveils electric Cadillac at auto show

The Cadillac Converj concept car is based on the same plug-in technology as the Chevrolet Volt.

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Gasoline at lowest price in nearly five years

"We're paying about a billion dollars per day less than we were in July," said oil analyst Tom Kloza.

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Price of gas hits lowest point in nearly 5 years

The average national price of gasoline fell 9 cents in the past two weeks, bringing it to its lowest point in nearly five years, according to a national survey released Sunday.

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Where have all the drivers gone?

Even with more moderate gas prices, commuters are forsaking toll roads in favor of mass transit.

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Oil falls below $56 as Japan slips into recession

Oil prices fell below $56 a barrel Monday in Asia as news that Japan fell into recession highlighted investor fears of a global economic slowdown that will hurt crude demand.

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Stretching Your Dollar: The facts, fictions of saving fuel

News 8 is separating the fact from fiction on how to make your gasoline last as long as possible.

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Rail habit grows on commuters

Even though gas prices have dropped to about $2.50 a gallon on average, a record number of North Texans have decided to leave the driving to DART. The number of passengers using DART rail is up more than 14 percent over one year ago.

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Burleson drivers enjoy gas for less than $2

There's a gas war in Burleson, and while motorists there are now enjoying prices that many Texans never dreamed would come back, all indications point toward a trend that will have a positive impact on your pocketbook.

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Falling prices: Texas gas getting cheaper

Retail gasoline prices keep plummeting across Texas as crude oil prices fall on world markets.

• Check gas prices near you

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Urban developments big on lifestyle, easy on gas

While many people have built their homes further and further away from their jobs based on the belief gas would always be cheap, the question now is what should one do now? The answer for some may be a move back into the city.

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Oil plunges $10 as US bailout plan voted down

Oil prices tumbled more than $10 a barrel Monday, dropping back below $100 as a U.S. financial bailout failed to win legislative approval, raising fears of a prolonged economic downturn that could drastically erode global energy demand.

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Gas shortage plagues the Southeast

Motorists are rising before dawn so they can be at the filling station when the delivery truck arrives. Some are skipping work or telecommuting. Others are taking the extreme step - for Atlanta - of switching to public transportation.

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N. Texas stations running out of gas

The price of gas in North Texas seems to be holding steady. But that's if you can find it. Drivers are starting to spot shortages all over the area, and it could continue for the next couple of weeks.

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Hurricane gas price surge continues

AAA reported Monday that gasoline was averaging $3.84 per gallon Monday, up about 13 cents from Friday. That's almost a 4 percent increase in three days.

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Motorists deal with gas price surge

While Hurricane Ike's fury didn't strike Dallas-Fort Worth, it's impact on local gas stations is already hitting us in the pocketbook.

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Americans put the brakes on car travel

The 4.7 percent decline, which came while gas prices were peaking, was the biggest monthly driving drop in a downward trend that began in November, the Federal Highway Administration said today.

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'Naked' cyclists seek oil awareness
Hundreds of mostly nude bicyclists joined curious spectators in a St. Louis park Saturday night for a 10-mile "World Naked Bike Ride" to protest society's dependence on oil.

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Abbott files suit over alleged gas rip-off pumps

Texas Attorney General Greg Abbott filed a civil lawsuit Thursday against a gas station company that allegedly gave customers less fuel than they thought they were buying.

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Exxon Mobil profit sets U.S. record

Lifted by record crude prices, Exxon Mobil says its second-quarter earnings rose nearly 14 percent to $11.68 billion, the biggest quarterly profit ever by any U.S. corporation. The world's largest publicly traded oil company, based in Irving, said today its net income for the April-June period came to $2.22 a share, up from $10.26 billion, or $1.83 a share, a year ago.

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Oil is hot topic in Texas Senate race

Congress this week continues debating whether federal regulators should crack down on market speculation that some people claim is driving up the price of oil. High oil and gasoline prices affecting North Texas drivers are the top issue in the U.S. Senate race between Republican incumbent John Cornyn and Democrat Rick Noriega.

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Finally, gas prices are going down

The fall in the price of crude oil is reflected with a drop in the average retail cost of gasoline in Texas this week. AAA Texas today reported a 7-cent decline in gasoline prices, settling at an average $3.92 per gallon. The average price was lower in North Texas: $3.89 in Dallas, $3.88 in Fort Worth.

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Uncovered dumpster treasure recalls past gas woes

One North Texas man's dumpster find serves as a good reminder that gas woes aren't just a present problem. In the '40s, gas wasn't only pricey, it was also rationed.

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Bush lifts ban on offshore drilling

Putting pressure on congressional Democrats to back more exploration for oil, President Bush on Monday lifted an executive ban on offshore drilling that his stood since his father was president. But the move, by itself, will do nothing unless Congress acts as well.

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Gas thieves go high tech

With fuel prices at or near $4 a gallon, thieves are finding creative new ways to steal gas. In the past, the most common form of theft was to pump without paying. This week, some thieves used a much more sophisticated — and lucrative — scheme.

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Oil price nears $150 level; gas prices higher, too

Oil prices spiked to a new record above $147 a barrel today, as rising hostilities between the West and Iran and the potential for attacks on Nigerian oil facilities gave investors reason to rush back into the energy markets.

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American cuts fuel from flights to save costs
EXCLUSIVE: While American Airlines has always been fuel conscious, they don't paint their planes to avoid extra weight, the company's latest idea to conserve fuel has some worried that it's now cutting too close to safety.

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