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Falling oil won't mean huge savings on home heating

Nov 20, 2014
Winter has got an early grip on the country.
A woman bundles up against the cold. Cold temperatures are already striking hard in the midwest and northeast parts of 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.
People descend into Pennsylvania Station to board trains on the busiest travel day of the year November 27, 2013 in New York City.
John Moore/Getty Images

Why falling gas prices help low-income workers more

Nov 14, 2014
Poorer people spend much more of their income on commuting.
A man prepares to pump gas as a customer counts his money.
(Gabe Souza/Portland Press Herald/Getty Images)

Low gas prices: exciting. Global warming: borrring.

Nov 7, 2014
Falling gas prices have been big news all week, but as the mid-term elections showed, for American voters, the flip side of cheap gas -- climate change – is a low urgency issue.

With gas prices down, we're buying more SUVs

Nov 4, 2014
Car buyers are impulsive, but not necessarily 'dumb.'

Yes, U.S. oil exports would cut gas prices. Probably.

Oct 22, 2014
It's hard to know where prices will be a year from now

Weak demand for oil is sign of weak global economy

Oct 14, 2014
What does weak demand for oil say about the overall economy?

For public good, not for profit.

You may see $3 a gallon for gas in your lifetime

Sep 16, 2014
The global glut of oil is pushing gasoline prices down.

It's still summer, but gas prices haven't spiked

Aug 25, 2014
Gas prices often rise just in time for summer road trips, but not this year.

Here comes yet another increase in transit fares

Jul 4, 2014
We look at where transit fare increases are and why operating costs are rising.