Stories Tagged as
Gas prices
As consumer prices fall, we may be buying more with less
by
Dan Bobkoff
Jan 14, 2015
Falling gas prices mean people have more money, but are they spending it?
Texan winks, plays 'let's make a deal' with customers
by
Kai Ryssdal
Jan 12, 2015
Houston furniture dealer ties a tidy potential refund to the price of oil.
Are low oil prices an opening for a carbon tax?
by
Scott Tong
Jan 5, 2015
If a tax is not imposed on carbon-dioxide emissions, gas is artificially underpriced.
These 6 charts show our love affair with cars could be over
by
Scott Tong
Dec 19, 2014
With gas prices down, we're tilting toward bigger cars but still driving less.
Lower gas prices, but spending stuck in neutral
by
Amy Scott
Dec 18, 2014
Many people don't believe the low prices will last.
Where is your extra gas money going?
Dec 16, 2014
Americans are saving a buck a gallon on gas, giving them much greater spending power.
How will the Fed respond to plummeting oil prices?
Dec 16, 2014
Cheap oil could make the Fed cautious about raising interest rates. Or not.
For public good, not for profit.
Who wins and loses as oil prices fall
Dec 9, 2014
The worst-hit countries are small oil producers that depend greatly on the revenue.
Falling oil won't mean huge savings on home heating
Nov 20, 2014
Winter has got an early grip on the country.
(Andrew Burton/Getty Images)
With low gas prices, Thanksgiving travel hits the road
Nov 20, 2014
AAA releases its holiday travel forecast on Thursday. The big takeaway: lots more people will be hitting the road this Thanksgiving, due in no small part to plummeting gas prices. Drivers aren't alone with their lower fuel expenses—The airline industry saved $1.6 billion in fuel costs this past year; meanwhile, airfares have gone up.
During the holiday season, the vast majority of people will travel by car. "Usually accounting for about 85 to 90 percent of all travelers," says AAA spokesperson Heather Hunter.
For people taking incredibly long trips, or very short trips, the choice to fly or drive is clear. "But it is the medium length trips, say between 200 and 1,000 miles, where it gets more complicated," says Jon Lal is the CEO of befrugal.com and the creator of <a href="http://www.befrugal.com/tools/fly-or-drive-calculator/">Fly or Drive calculator</a>, which takes into account lots of factors. For example: Will you need a rental car if you fly? Are you checking bags? What are current gas prices and how much wear and tear will the trip put on your car?
Dan Sniadoski lives in Seattle. He’s been invited to Thanksgiving dinners at his mom’s place in Montana and at a friend’s house in Portland. "And I still haven't made up my mind if I’m going to travel, and if I do, where am I going to go," he says. Flying is out of the question; he can’t afford last minute airfare. So at this point, his decision comes down to whether to spend the holidays with friends or family.
John Moore/Getty Images