Gas prices are soaring in the U.S. and may slow auto sales. March 2, 2012- The auto industry enjoyed much success last month. February sales surpassed the annual rate of 15.1 million pushing the industry to its highest level in nearly four years. Demand grew in almost all vehicle sectors. February was the best month the industry has seen since February of 2008. The rate in February 2008 was close to one million higher than last month’s rate. Even though cash prices increased during the month, consumers... 

Gas prices continue to surge in the U.S. January 21, 2012- A recent survey shows that the average price of a gallon of gasoline increased nearly 3.5 cents to $3.39 in the United States. The increase covers the period between January 6 and January 20 and is based on the prices of over 2,500 filling stations throughout the country. The current average price is 28 cents above the price from a year ago at this same time. Survey officials have said gasoline retailers have increased the prices as they...