Question:

Hybrids and fuel efficiency cars are looking really attractive now I bet?

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By JOHN WILEN, AP Business Writer

6 minutes ago

NEW YORK - Retail gas prices rose further above a national average of $4 Monday, and are likely to keep rising as distributors and retailers hike prices in response to last week's unprecedented oil price rally.

Oil futures, meanwhile, retreated as investors sold to lock in profits from the run-up, though oil prices may be headed even higher. Saudi Arabia said it would call for a meeting to discuss crude prices, which it said were unjustifiably high.

At the pump, the national average price of a gallon of regular gas rose 1.8 cents overnight to a record $4.023, according to AAA and the Oil Price Information Service. Prices first moved above $4 nationally on Sunday, though they've been higher than that in many parts of the country for weeks.

If oil prices remain near $139 a barrel, last week's record high, gas prices will likely rise another dime in coming days, said Tom Kloza, publisher and chief oil analyst at the Oil Price Information Service in Wall, N.J.

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4 ANSWERS


  1. Point and laugh at them. This is crazy i dont no why we Americans are complaining europe's prices are rediculus.


  2. what they dont say is the hybrid costs 10k more than the nonhybrid version of the same vehicle.how long are you gonna drive it before you actually save any money

  3. If you get 35 mpg city and 40 mpg highway you are most have also won the lotto.

    EPA it is rated at 25 city and 36 hwy.

    Your city driving is 10 mpg higher.  You must NEVER stop, NEVER use A/C, and drive 30 mph.

    And you do drive a Granny car.  There are A LOT of better looking cars than the Civic that get BETTER gas milage.  The Corolla is one.  The Yaris is another.  I would even drive a Smart Car than a Granny car.

  4. This was not a question.

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