Gasoline Prices Have Declined for A Record 16 Consecutive Weeks...

Status Update on The Economic Recovery under President Obama...

Average American Paycheck Buys Half As Much Gasoline As It Did 10 Years Ago...

Gasoline Prices Retreat From $4.00 A Gallon...

VIDEO: High Gasoline Prices Explained...

"Gas Prices Explained," from the same group that produced "Quantitative Easing Explained" (which now has more than 5 million views on YouTube).

Quote of The Day: How Gasoline Prices Impact Consumer Spending...

"Every penny increase in the price of gas at the pump equates to a loss of $1.0 t0 $1.5 billion in lost consumer spending in other areas."

Bloomberg News

1st Quarter 2011 Stats: Oil, Gasoline & Gold Jump

  
The price of a barrel of oil was $106.72 as of March 31, 2011, up +16.8% from its $91.38 per barrel price as of December 31, 2010 (source: CME Group).

The national average cost of a gallon of gasoline increased by +54 cents during the quarter, rising from $3.07 a gallon on December 31, 2010 to $3.61 a gallon as of March 31, 2011 (source: AAA).

The price of gold, which set an all-time nominal record close of $1,421 an ounce (i.e., non-inflation adjusted) on the December 31, 2010, set a new record close of $1,439 an ounce on March 31, 2011 (source: CME Group).