In recent weeks, the price of a barrel of oil has stayed at about $100 a barrel, and gasoline prices have been edging closer to $4 a gallon. The costs are apparently due to events half a world away, in the Middle East. Even though plenty of oil is around, there is fear of further disruptions, and consumers, business people, and politicians have all been making adjustments. Here are eight ways that higher energy prices are starting to affect America.
Chrysler recall of Dodge and Jeep SUVs involves a brake booster with crimped joints that can become corroded when exposed to water. So far, one accident but no injuries are connected to the Chrysler recall.
A viral video of a Tesla Model S catching fire has the company's stock price reeling this week. What Tesla can learn from Toyota and early public perception problems for the Prius.
Jeep recall of 2.7 million vehicles at risk for catching fire during collisions was finally agreed to by Chrysler. The company intially refused when the NHTSA requested the Jeep recall, even though the issue has been linked to 51 deaths.
The National Highway Traffic Safety Administration asked Jeep to recall 2.7 million vehicles due to a potentially dangerous design issue in some Grand Cherokee and Liberty models. But Jeep pushed back saying the risk of an incident was too small. That isn't sitting well with consumers, according to a new survey.
Jeep recall involves 469,000 Grand Cherokees (model years 2005-10) and Commanders (2006-10) worldwide. Chrysler is instituting Jeep recall after 26 crashes and two injuries.
The 2014 Jeep Grand Cherokee EcoDiesel will have a fuel-efficiency rating of 21 mpg city, 30 mpg highway for the rear-wheel drive version, Jeep predicts.
Chrysler recall initiated because air bags can accidentally inflate. Last year, airbags in older Jeeps, Liberty SUVs inflated 215 times, causing 81 minor injuries, and prompting the Chrysler recall.