#Gas

Gas prices are always a hot issue in the summer but with more fuel efficient cars available than ever before consumers are turning keen attention to what they pay at the pump — even though gas is cheaper than it was a year ago.

Major automotive parts supplier, Delphi, is working on new technology that could improve the fuel economy of standard gasoline engines by 50 percent.

As if it wasn’t bad enough that analysts are reporting that gas prices will hit an all-time high this summer with a potential of hitting an average of $3.90 per gallon, reports are now coming in that East Coast gas prices may spike due to refineries closing.

“There are going to be logistical problems getting product into New York,” said Ben Brockwell, an analyst at the Oil Price Information Service. “The people I talk to are expecting shortages from August through the rest of the year.”

You may think America has its fair share of uninsured motorists on the road, but out in the United Kingdom one out of every 25 drivers do not carry insurance. That equates to an astonishing 1.4-million people that law enforcement has had a tough time cracking down on.

New EPA labels have had QR codes for users to scan with their smart-phones since 2011, but an update to the mobile site of fueleconomy.gov allows users to take the next step in fuel savings.

Reports are coming in that the United States is paying upwards of $400 per gallon of fuel delivered to troops on the ground, that’s a whooping 100 times more than we pay.

The American Petroleum Institute has reported that total petroleum deliveries fell by 0.5 percent in July, compared to the same month one year ago. This was the first time deliveries have decreased for any month this year. As well, gasoline demand hit a ten-year low for the month of July.

Galpin Auto Sports, also known as GAS, has been building some of the industry’s wildest Ford Mustangs since it opened shop. The tuner’s newest project is a collaboration with specialty manufacturer SPX, and will be a 1969 Mustang Boss 429-inspired ‘Stang featuring 700-hp, Candy Apple Red Pearl paint, a custom one-off metal widebody and Forgiato three-piece wheels. The completed project will be auctioned off at the 2012 Barrett-Jackson auction in Scottsdale, Arizona with the proceeds benefiting St. Jude Hospital to fight cancer.

Wal-Mart is rolling back gas prices just in time for the Fourth of July driving weekend. The retailer is offering ten cents off a gallon at Wal-Mart and Murphy USA stations if purchased with a reloadable Wal-Mart gift card, MoneyCard or a Wal-Mart credit card.

According to the latest Kelley Blue Book survey regarding gas prices, new cars and used cars, consumers feel gas prices will improve.

There’s a good chance that wherever you live, it’s been $4 a gallon-plus for some time now, but according to the newest Lundberg Survey, the national average for a gallon of gas has hit the magically awful $4 a gallon mark. Gas hasn’t been this expensive since the summer of 2008.

An old finance maxim states that “by the time you’ve read about it, it’s already too late”, but that hasn’t stopped used car dealers from eagerly snapping up any 4-cylinder or hybrid vehicle as gas prices continue to climb.

Ford‘s strategy involving smaller cars priced at a premium will become even more important if gasoline rises beyond $4 gallon, said Ford of the Americans President Mark Fields.

Those of you buying or selling a used car now have another weapon at your disposal during your hunt for the perfect clunker. The EPA is offering window stickers for a all kinds of used cars that give estimates of a vehicle’s fuel economy, so buyers and sellers can advertise (or obfuscate) how much gasoline their car consumes.

With oil passing the $100/barrel mark on Thursday, analysts are warning that a gallon of gasoline could soon cost as much as $5 this summer.