This adorable Smurf car gets 258 miles per gallon, but prepare to be passed by cement trucks and asthmatic joggers. FULL STORY.

This man's hopes for a good deal from Mossy's used car department sank when he learned that his car had been completely submerged under water, making the vehicle unuseable. FULL STORY.

Gas prices have made a major move - rising 8.5¢ in seven days. Full story.

DATELINE: Hogger's Knob San Diego

Step aside Punxatawney Phil, in San Diego it isn't about Groundhog Day, it's Oil Hog Day. At 11:07 AM today, the Big Oil Hog will appear at On the Go Gas in El cajon. If the Oil hog sees his shadow, watch out! It could mean six more months of higher gas prices! Since 2005, the Big Oil Hog has had a 100% record of accuracy in predicting major movements in oil and gas prices, including the skyrocketing prices of $4.60 a gallon in 2008, and the complete collapse of gasoline prices before the 2006 mid-term elections. More.

This morning the San Diego Union-Tribune quoted UCAN in a lead story in its business section as saying “It’s very unlikely we’ll see gasoline below $3 for the next nine months."  The reason is that the market is not being driven by supply and demand, rather inventories are being controlled and manipulated by oil companies that are using at least five different methods to manipulate the market price of gasoline. Full Story.

In "Economics" prices for goods and services, such as oil and gasoline, are set by the immutable laws of Supply and Demand, where the competitor who brings the most to the market for the least amount of money is the winner (think Walmart). Unfortunately, the "economics" theory does not predict price movements accurately for commodities that are  being manipulated. For this, we need to understand the relatively new discipline known as "gougeonomics." In a gougeonomy, the player who brings the least amount of power to the market at the highest price wins. Learn more about gougeonomics.

San Diego gas prices flirted briefly with sub $3 a gallon prices last week, but have crept back up above $2.99 for diesel and regular unleaded on average. Yet demand is down and there are an estimated 125 million barrels of oil stored offshore in supertankers with holds that are bursting with surplus crude. This is oil pumped last year that still can't be sold because of low demand.  Blame the speculators. Full Story

Gas prices finally slipped below the $3 mark even though oil prices are climbing. Be suspicious: California's refineries are producing at only 75% capacity in order to restrict supply and protect the industry from a massive price avalanche. MORE.