Gas & Auto RSS FeedGas prices drop slightly over the weekend.
UPDATED Monday, September 28: Contrary to what we published on Friday, gasoline prices in San Diego dropped over the weekend after we predicted a sharp increase. More.
Toyota mandates safety inspection of floor mats
Toyota is ordering mandatory inspections of all Toyota and Lexus vehicles after an improperly installed floor mat was linked to a crash that killed four people last month near Santee, California. One of the victims was a California Highway Patrolman, who was driving the vehicle. READ MORE
Toyota issues huge recall due to floor mat safety issue
Toyota is ordering mandatory inspections of all Toyota and Lexus vehicles after an improperly installed floor mat was linked to a crash that killed four people last month near Santee, California. One of the victims was a California Highway Patrolman, who was driving the vehicle. READ MORE UPDATE: Toyota recalls 3.8 million Toyota and Lexus vehicles, according to Channel 10 News.
Labor Day Gouge Alert: Gas prices set new record high for 2009 and are still climbing
SKY HIGH ... Just as we predicted, gas prices have climbed past the $3.10 a gallon mark, setting a new record for 2009. DETAILS.
Surplus Gasoline: "No one wants it."
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Refineries are raising gas prices even though there is a surplus of gasoline. As one market watcher said. "No one wants it." Get the full story. |
Gas Hogwash: "It is all about Supply and Demand."
On August 9 the lead story in the Union Tribune Business Section was about high gas and oil prices. The story closed with a quote from me that said " ... the problem is the low supply of surplus gasoline, which drives up prices." But don't think for a moment that supply and demand are responsible for oil prices. There is more to the story.
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