Gas Prices, Oil Prices

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Complete Coverage Special Report Energy Fix

Average gas price falls below $1.80

2:10pm: AAA survey declines for 78th straight day, with gas above $2 a gallon in only 3 states. (more)

Oil under $44 as global economy falters

9:08am: Crude drops as European rate cuts emphasize economic weakness and a decline in world energy demand. (more)

Oil prices continue slide

Dec 3: Crude prices fall slightly as demand worries persist after surprise decline in U.S. inventory. (more)

Gas prices fall near the $1.80 mark

Dec 3: The average price slides for the 77th consecutive day. (more)

Gas price decline: Day 76

Dec 2: Price remains above $2 a gallon in only Alaska, Hawaii, New York and D.C. (more)

Oil at 3-1/2 year low, below $47

Dec 2: Crude prices get pummeled by demand concerns in a floundering economy. (more)

Gas falls for 75th day

Dec 1: Price remains above $2 a gallon in only 3 states and the District of Columbia. (more)

Oil drops below $50

Dec 1: Contract ends at 3-1/2 year low. Investors on hold as OPEC decides to wait until Dec. 17 meeting in Algeria to determine output levels. (more)

Gas above $2 a gallon in only 3 states

Nov 30: AAA's national average drops for 74th consecutive day, down 0.2 cent to $1.825 a gallon. (more)

Gas above $2 a gallon in only 4 states

Nov 29: National average drops for 73rd consecutive day, down 0.8 cent to $1.827 a gallon. (more)

OPEC to wait on output cut decision

Nov 29: After Cairo meeting, cartel president says decision on whether to cut production will wait until Algeria session in December. (more)

Production cut talk looms at OPEC meeting

Nov 28: Ministers downplay speculation about output reduction as they gather in Cairo to discuss sinking oil prices. (more)

Gas prices: Lowest since 2005

Nov 28: Price at the pump slips for the 72nd day in a row to $1.835 a gallon, according to AAA. (more)

Oil ends on flat note as OPEC gathers

Nov 28: Crude settles down 1 penny at $54.43 as the oil cartel prepares to hold an informal meeting in Cairo to discuss further production cuts. Retail gas prices continue to fall. (more)

Oil retreats on economic concerns

Nov 27: Crude futures remain in low $50s range as investors ponder weak U.S. reports. (more)

Gas prices fall below $1.87

Nov 26: Gasoline prices declined for the 70th consecutive day and are now 55% below the record high in mid-July. (more)

Oil jumps after China cuts rates

Nov 26: Prices recover from large increase in crude stockpiles last week. (more)

Gas dips below $1.90 a gallon

Nov 25: Average U.S. price falls for 69th straight day, according to national survey. (more)

Oil back to $50 as economic woes persist

Nov 25: Crude prices fall after climbing in the previous session, as investors mull economic data. (more)

Gas continues its steep descent

Nov 24: Average U.S. price falls more than 50% in the last 68 days, according to national daily survey. (more)

Oil settles above $54 a barrel

Nov 24: Crude jumps as investors welcome the government's support of ailing financial firm Citigroup. (more)

Gas prices continue to fall

Nov 23: Average U.S. price falls to $1.929 a gallon, according to national daily survey. (more)

Gas prices continue to fall

Nov 22: Average U.S. price falls to $1.953 a gallon, according to national daily survey. (more)

Oil settles below $50 again

Nov 21: Crude edges lower as investors remain focused on stock prices and demand weakness. (more)

Gas prices sink below $2

Nov 21: National average price for unleaded hits $1.989, says AAA, falling more than 50% from this summer's record highs. (more)

Oil sinks below $50

Nov 20: Price falls as weakening economic outlook raises the likelihood of a lower demand for energy. (more)

Gasoline: Pennies away from $2

Nov 20: Average U.S. price falls to $2.02 a gallon, according to national daily survey. (more)

Oil falls toward $50

Nov 20: Fears of global recession and weakening demand drive crude prices down. (more)

Oil prices at near 22-month low

Nov 19: Crude and gasoline inventories rise in the latest week, according to government reports. (more)

Gas falls to half of record high

Nov 19: Prices at the pump in national survey continue to decline as 21 states' averages fall below $2 a gallon. (more)

Gas falls to 21-month low

Nov 18: Pump prices in national survey now down nearly 50% from record high after 62 straight days of decline. (more)

Oil settles at 21-month low

Nov 18: Crude sinks closer to $54 a barrel as concerns about the economy continue to weigh on the market. (more)

Big Oil: We told you so

Nov 18: With prices sharply lower from the summer's highs, Big Oil's decision to hold off on new production now seems rather wise. (more)

Oil ends at 21-month low

Nov 17: Crude ends below $55 a barrel Monday as the world's second-largest economy enters a recession, deepening fears that demand for oil will continue to sink. (more)

Gas falls below $2.10

Nov 17: The average price of gasoline sank for the 61st consecutive day as the economy continues to drag down demand. (more)

Oil output cuts not likely - OPEC chief

Nov 16: Cartel meets later this month amid rapidly declining crude prices, but president says production cuts are not in the cards. (more)

Gas price drop: 60 days straight

Nov 16: National average price for gallon of gasoline falls to $2.105. Peak was $4.114 in July. (more)

Iran wants big OPEC production cut

Nov 15: Big oil producing nation says cartel must respond to falling demand by slashing output. OPEC is set to meet Nov. 29. (more)

Get ready for $2 gas

Nov 15: National average price for gallon of gasoline falls to $2.125. Peak was $4.114 in July. (more)

Oil prices fall on demand jitters

Nov 14: Crude falls as investors focus on a weak demand outlook. OPEC official says the cartel will hold another emergency meeting. (more)

Gasoline at 21-month low

Nov 13: AAA survey shows average pump price just below $2.20 a gallon after 57 days of decline. (more)

Oil jumps higher

Nov 13: Contract remains near 21-month low as crude stockpiles show no change, and stocks bounce off of 5 year lows. (more)

IEA lowers oil demand forecast for '09

Nov 13: Energy agency makes third cut to forecasts amid global economic downturn. (more)

Oil settles at 21-month low on demand jitters

Nov 12: Investors await the latest U.S. government report on crude inventories, expected to show an increase in supplies. (more)

Pickens' wind plan hits a snag

Nov 12: Credit crunch and falling natural gas prices delay plans for giant Texas farm. (more)

Gasoline at 21-month low

Nov 12: AAA survey show average pump price just above $2.20 a gallon after 56 straight declines. (more)

Gas drops 2 cents to $2.22

Nov 11: Forty-six states and D.C. report gas prices below $2.50 per gallon as gas prices fall for 55 days straight. (more)

Oil ends at 19-month low below $60

Nov 11: Investors look past China's stimulus plan as economic concerns and waning demand dominate the market. (more)

Oil rises on Chinese stimulus

Nov 10: While $586 billion plan to boost China's economy would help restore demand for oil in world's 4th largest economy, the package may take some time to implement. (more)

Gas prices dip below $2.25

Nov 10: As prices fall for 54 days straight, three states report averages below $2 per gallon. (more)

Gas prices near $2.25

Nov 9: AAA survey shows gas prices have fallen for 53 straight days. Lundberg survey finds that prices dropped a little more than 48 cents in the last two weeks. (more)

Gas prices below $2.30

Nov 8: AAA survey shows gas prices have fallen for 52 straight days. (more)

Oil falls to 20-month low

Nov 6: Crude investors worry that sluggish economic growth could hurt demand. (more)

Oil falls below $65

Nov 6: Traders fear a global economic slowdown will crimp demand for crude oil. (more)

Oil falls as demand woes resurface

Nov 5: Government reports that crude supply levels are unchanged, while gasoline supplies rise. (more)

Gas prices down 2.6 more cents

Nov 5: Average price of gas drops to $2.365 a gallon from AAA daily survey, 42.5% below summer's record high. (more)

Oil lower as economic concerns return

Nov 5: Futures sink below $68 a barrel as investors shrug off Obama election, focus on global slowdown. (more)

Oil prices jump more than $6

Nov 4: Stocks rebounded as interbank lending appeared to loosen up, coaxing investors back to oil. (more)

Gas below $2.50 and sinking

Nov 4: Unleaded regular gas falls for 48th straight day, prices down more than a third from summer's record high. (more)

Gas falls to $2.45 a gallon

Nov 2: Average gas prices have decreased for 46 days in a row, to a 19-month low, according to AAA. (more)

Gas falls to $2.46 a gallon

Nov 1: Average gas prices have decreased for 45 days in a row, to a 19-month low, according to AAA. (more)

Oil rallies, but still posts record monthly loss

Oct 31: Crude down by nearly one-third for October. Friday gain follows stock market advance. (more)

Gas falls to $2.50 a gallon

Oct 31: Average gas price plummets to 19-month low, according to AAA. (more)

Oil falls below $65 on demand concerns

Oct 31: Crude prices decline after a report shows the U.S. economy contracted in the third quarter. (more)

Oil closes below $66 on slowdown fears

Oct 30: Crude futures whipsaw Thursday - retreating off earlier highs of $70 a barrel - as fears of a global slowdown trump a weaker dollar. (more)

Gas edges in on $2.50

Oct 30: Prices sink by more than a third from summer's record high as crude falls and Americans consume less fuel. (more)

Weak economy drops oil below $66

Oct 30: Crude falls after the Commerce Department released figures showing GDP declined .3%, strongest signal yet of a recession. (more)

Gas sinks to 1-1/2-year low

Oct 29: Prices in 37% decline, as oil futures and fuel consumption continue to fall. (more)

Oil settles above $67

Oct 29: Weak dollar and global market rebound help lift oil prices, offsetting government supply report and Fed rate cut. (more)

Oil at 17-month low as gas demand falls

Oct 28: Crude prices down slightly after credit card survey shows reduced demand for gasoline. (more)

Commentary: Drilling's darker side

Oct 27: Here's what the Election Year chant 'Drill, baby, drill' looks like up close. (more)

Oil falls to 17-month low

Oct 27: Crude ends negative on renewed recession fears. (more)

Gas prices fall again

Oct 26: Prices at the pump continued to drop over the weekend, as recession fears hit oil futures. (more)

Gas prices fall again

Oct 25: Gasoline prices decline for the 38th day, to level last seen in October 2007. (more)

OPEC cuts production, oil hits 17-month low

Oct 24: Crude ends day at $64.15 after cartel cuts production by 1.5 million barrels a day. (more)

Oil rises on expected OPEC cut

Oct 23: Prices rebound from 16-month low as investors anticipate the cartel will slash production to cope with falling prices. (more)

Oil ends at 16-month low

Oct 22: Energy Department says crude supplies rose by 3.2 million barrels last week, underscoring fall in demand due to economic slowdown. (more)

Drivers not lured by lower gas prices

Oct 21: Frugal drivers aren't paying much attention to declining gas prices, as economic anxiety and volatile oil prices persist. (more)

Oil dips below $70 a barrel

Oct 21: Concern about falling demand sends investors scurrying from expiring contract ahead of this week's inventory report. (more)

Oil rises on OPEC rhetoric

Oct 20: Producers may cut output, but investors remain concerned about faltering demand as the global economic outlook remains dark. (more)

Gas prices sinking toward $2.90 mark

Oct 20: Daily survey shows the national average price for a gallon of gas has fallen nearly 30% from the summer's peak. (more)

Gas still below $3 a gallon

Oct 19: Price at pump remains at level not seen since January. (more)

Gas prices fall below $3

Oct 18: Gasoline prices breach the $3 level for the first time since January. (more)

Oil rebounds after selloff

Oct 17: After falling 50% over the last 3 months, some investors think crude's slide has gone too far. (more)

Oil down 52% from peak

Oct 16: Prices drop to levels not seen in more than a year, after government report shows larger-than-expected growth in the nation's supplies of crude oil and gasoline. (more)

Drill-baby-drill, meet $75 oil

Oct 15: As the price of crude tumbles from the summer's record highs, what will become of the push to increase drilling? (more)

Oil ends at 13-month low

Oct 15: Disappointing retail sales point to slower demand from U.S. consumers and businesses. (more)

Oil falls as investors worry about demand

Oct 14: Investors cautious after Bush announces move to inject $250 billion into banking system. (more)

Oil recovers but demand worries remain

Oct 13: Crude prices end their losing streak after Europe, the UK, and U.S. move to pump billions into financial institutions. But experts warn the worst may not be over. (more)

Gas price drop: Closing in on $3

Oct 12: Gasoline prices are within 25 cents of $3 but remain some 19% above year-earlier levels. (more)

Gas down almost 6 cents, nearing $3

Oct 11: Gasoline prices continue to decline but are still 19% above year-ago levels. (more)

Oil sheds more than $9 to hit 13-month low

Oct 10: Worries about declining demand send the price of crude plummeting by the third-largest dollar amount on record. (more)

Oil sinks as economy falters

Oct 9: Investors worry that the worsening crisis could lead to a further decline in demand for oil. (more)

Gas drops 4 cents a gallon

Oct 9: Nationwide average in AAA survey nears $3.40 a gallon. Oklahoma dips below $3. (more)

Oil jumps slightly above $89

Oct 9: Concerns that a weak economy could weaken demand has analysts forecasting even lower prices; OPEC may cut production. (more)

Oil prices: Buckle up for a wild ride

Oct 8: Outlook for crude depends largely on the health of the global economy. Analyst predictions range from a fall to $50 or a surge to $150 a barrel. (more)

Crude slides on demand concerns

Oct 8: Government report shows the nation's supplies of oil and gas rose last week highlighting concerns about waning demand. (more)

Oil prices rebound above $90

Oct 7: Crude recovers from 8-month low on weak dollar, but investors remain wary of global economic picture. (more)

Gas prices expected to fall further

Oct 7: Analysts see gas prices falling further as crude prices plummet and hurricane season enters a lull. (more)

Oil tumbles to 8-month low below $88

Oct 6: Global economic slowdown contributes to $6 decline in crude futures. (more)

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