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NEWS
March 18, 2012
Four bucks a gallon for gas? In the years since gas prices went from 39 cents per gallon to $3.39, I have seen nothing but an increase in traffic. I don't expect to see any difference if it goes to $10-a-gallon either. There still remains primarily one 150-pound person per 3,000-pound automobile and they all have trouble entering the highway. They all (myself included) will get in a car and drive two miles just to purchase a tube of toothpaste. So why get upset? Not worth it?
ARTICLES BY DATE
NEWS
By Neela Banerjee and Carrie Wells, Tribune Newspapers | March 28, 2013
The Obama administration is expected to propose new rules today that would slash the amount of sulfur in gasoline, one of the most significant steps the administration can take this term toward cutting air pollution, people with knowledge of the announcement said. The new rules would bring the rest of the country's sulfur standards in line with California's gasoline program. The oil industry has warned of resulting price increases and has been joined by members of Congress from oil states in criticizing the standards as onerous with few health benefits in return.
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NEWS
March 2, 2013
A recent article ("Pumping Up the Price" Feb. 26) on gasoline prices should make it clear to readers that the price of gasoline is no longer the result of inefficient fuel use or too much demand. Unfortunately the focus of the article was evidently on the impact of the recent gasoline price hikes to Marylanders and their corresponding life choices. However, the article gave scant attention to the cause for these rapid-fire price hikes. Oh yes, we are told temporary price hikes are expected in the spring when refineries switch to "more environmentally friendly" formulas.
NEWS
March 2, 2013
A recent article ("Pumping Up the Price" Feb. 26) on gasoline prices should make it clear to readers that the price of gasoline is no longer the result of inefficient fuel use or too much demand. Unfortunately the focus of the article was evidently on the impact of the recent gasoline price hikes to Marylanders and their corresponding life choices. However, the article gave scant attention to the cause for these rapid-fire price hikes. Oh yes, we are told temporary price hikes are expected in the spring when refineries switch to "more environmentally friendly" formulas.
BUSINESS
By New York Times News Service | December 6, 1993
The sharp drop in the price of oil began to push down prices of gasoline at the retail level as the average national price fell by almost 2 cents a gallon for self-serve regular, according to a national survey.The Lundberg Survey, which traces gasoline prices every two weeks by polling about 10,000 stations, said the price fell by 1.96 cents, to $1.0606 a gallon, for regular unleaded, the best-selling type."That's a big drop," said Trilby Lundberg, the publisher of a newsletter based on the survey.
NEWS
By Matthew Hay Brown, The Baltimore Sun | March 15, 2012
With rising oil prices creating a drag on the economy and his re-election effort, President Barack Obama mocked Republican critics of his alternative-energy policy Thursday, comparing them to the "cynics and naysayers" who didn't believe the Earth was round or that television would take off. Obama used a campaign-style appearance at Prince George's Community College to launch a new, more aggressive line of attack against the GOP presidential contenders...
BUSINESS
By David Conn and David Conn,Annapolis Bureau of The Sun | March 1, 1991
ANNAPOLIS -- The Persian Gulf war may be over, but the Annapolis war against oil profiteering has just begun.Oil company executives trooped to this capital city by the dozen yesterday to battle a bill that would prohibit price-gouging.The bill would make it a crime to charge "excessive prices" for petroleum products during times of "market disruption or state of emergency."Exceptions are granted in cases where the seller can prove the higher price resulted from higher costs.The bill, according to its sponsor, Delegate Gary R. Alexander, D-Prince George's, is a reaction to "the sudden, unexpected, unbelievable increase in the price of petroleum products at the pump" after the Iraqi invasion of Kuwait.
NEWS
By Meredith Cohn and Meredith Cohn,SUN STAFF | August 9, 2005
The end of the summer travel season traditionally brings relief at the pump - but don't expect it this year. "There seems to be no end in sight to high gasoline prices," said Ragina Averella, spokeswoman for AAA Mid-Atlantic. The average price of a gallon of regular gasoline in the United States hit an all-time high, not adjusted for inflation, of almost $2.37 last week. Average gasoline prices rose almost 8 cents a gallon last week, the U.S. Energy Department reported yesterday, and are up nearly 50 cents since a year ago. The wholesale price of a barrel of crude oil for September delivery closed up nearly 3 percent, at $63.94, yesterday on the New York Mercantile Exchange.
NEWS
By Jonathan Weisman and Jonathan Weisman,SUN NATIONAL STAFF | June 22, 2000
WASHINGTON - Sensing as much political promise as peril in soaring gasoline prices, Vice President Al Gore has unleashed an unusually harsh condemnation of the oil industry, accusing energy companies of "collusion" and price "gouging." Gore issued a statement late Tuesday night decrying what he called oil industry profit gains of "500 percent in the first part of this year" and demanding an investigation into allegations of price fixing and collusion. "These enormous and unreasonable profits suggest that Big Oil is gouging American consumers," Gore said.
NEWS
September 8, 2001
WHEN gasoline prices soar or plummet, the reason given is always the market. Simple supply and demand. Except that the basic economic explanation is never so simple. Pump prices are typically raised for Labor Day weekend. This year, instead, they were mostly stable in these parts. But demand for gas all summer has been at historically high levels, peaking in late June. And pump prices have dropped, sinking nearly 30 cents a gallon from the mid-May peak. In fact, some refiners cut back on their production in summer in an effort to curb the oversupply and further price drops.
BUSINESS
By Steve Kilar, The Baltimore Sun | September 17, 2012
Eyeing the Royal Farms sign advertising a gallon of premium gas for $3.99, Taryn Gross-Ojekwe's jaw fell open. "When it is going to cease?" she said of the price, which has climbed steadily over the past few weeks. "Just within the last few days, it was $3.79. " As a freelance upholsterer, the Baltimore resident doesn't have a big enough income to brush off a quarter increase per gallon. The Nissan Sentra she parked at the pump on Russell Street on Monday afternoon now consumes about $60 at each fill-up.
NEWS
May 28, 2012
As someone who was close to many Republican leaders in the past, it is sad to see what has become of that party. This country (and I mean this sincerely) needs a principled, reasonable and responsible Republican party. The Republican leadership today has allowed that party to be taken over by fringes. They have twisted themselves into such a pretzel on many issues, they stretch their credibility to lead. Here are three examples of how the phoniness of the Republicans, led now by Mitt Romney, is exposed easily to make their credibility nonexistent.
NEWS
May 15, 2012
Not long after the Maryland General Assembly last adjourned back in mid-April, gasoline prices were approaching $4 a gallon. Currently, a price-conscious shopper can purchase a gallon of regular unleaded in the Baltimore area for as little as $3.50. That's a 50-cent swing in prices, essentially a 12.5 percent discount from just one month ago. So, Mr. and Mrs. Average Maryland Consumer, has this drop in prices had a huge impact on your life? Has it revived the economy? Put the unemployed back to work?
NEWS
Susan Reimer | April 2, 2012
Gasoline prices continue to climb, and the Republican presidential candidates would have us believe that this is the direct result of President Barack Obama's energy policies. They say that if only he would get out of the way of the oil companies and stop dreaming up ever more environmental regulations, we'd all be paying $2.50 a gallon. They are wrong, of course. Gasoline prices are high because demand is high. And while the unquenchable thirst for petroleum in India and China has a place it all of this, it is mostly my fault.
NEWS
March 18, 2012
Four bucks a gallon for gas? In the years since gas prices went from 39 cents per gallon to $3.39, I have seen nothing but an increase in traffic. I don't expect to see any difference if it goes to $10-a-gallon either. There still remains primarily one 150-pound person per 3,000-pound automobile and they all have trouble entering the highway. They all (myself included) will get in a car and drive two miles just to purchase a tube of toothpaste. So why get upset? Not worth it?
NEWS
By Matthew Hay Brown and Baltimore Sun reporter | March 15, 2012
LARGO -- A crowd of hundreds at Prince George's Community College is awaiting the arrival this morning of President Barack Obama, who is due to deliver the latest in a series of addresses on energy as rising oil costs create a drag on the economic recovery -- and his own re-election effort. Obama has stressed what he calls an "all of the above" approach to both energy independence and more drilling: Extracting domestic oil and natural gas while investing in solar, wind and other emerging technologies.
BUSINESS
By Andrea K. Walker and Tamara El-Khoury and Andrea K. Walker and Tamara El-Khoury,SUN STAFF | July 15, 2004
The American consumer, who had shopped steadily through a sluggish job market, terror warnings, major storms and a historic blackout, suddenly became frugal last month, sending retail sales to their largest decline in 16 months. Whether the drop was a blip or an indicator that four years of expanding credit and free spending were coming to a close, analysts' conclusions were mixed. Gas prices, slow growth in wages and credit-card interest fears may have begun to take a toll on shoppers' psyches, and their wallets, some retail experts and consumers said.
NEWS
By Hanah Cho and Hanah Cho,SUN STAFF | September 6, 2005
When gas prices hit $3 last week, Baltimore resident Michael Baker had second thoughts about traveling to New York City for a family gathering. But, heck, Labor Day is the last holiday of the summer, and Baker figured he might as well enjoy the long weekend before "things get hectic." So he and his siblings took a two-car caravan to Brooklyn, despite the higher-than-ever gasoline prices looming over their trip. "What option did we have - ride a bicycle or a scooter to New York City?" said Baker, 23, as he took a driving break yesterday morning at the Chesapeake House rest area along Interstate 95 in North East.
NEWS
By Matthew Hay Brown, The Baltimore Sun | March 15, 2012
With rising oil prices creating a drag on the economy and his re-election effort, President Barack Obama mocked Republican critics of his alternative-energy policy Thursday, comparing them to the "cynics and naysayers" who didn't believe the Earth was round or that television would take off. Obama used a campaign-style appearance at Prince George's Community College to launch a new, more aggressive line of attack against the GOP presidential contenders...
NEWS
March 13, 2012
Over the past month, the average price of a gallon of regular unleaded gasoline has increased 25 cents in Maryland. As far as anyone can tell, the motorists of this state received no particular benefit from the change in price - aside from a lighter wallet or purse. Gasoline prices may rise higher yet, as they often do in the summer months when demand increases. Or, if the political tensions with Iran and its nuclear program dissipate, prices may actually go down as fear of supply interruptions diminishes.
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