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Higher gas prices? Blame ethanol

MarketWatch reported today that the price of ethanol has seen a 30-percent price increase so far this year, taking the price of gasoline up with it, since a good majority of "gasoline" sold today is around 10 percent ethanol. The average price of a gallon of gas today is $2.30, according to FactSet data, but this has varied since the beginning of 2014. Despite the recent surge, ethanol prices have also proved to be rather volatile with reports of it dropping 8 percent this past Thursday after falling 10 percent just the day before.

Renderings hint at 2015 Ford Mustang appearance

We're still waiting to see what the 2015 Ford Mustang will look like. Spy shots only offer glimpses of undisguised sheetmetal between pieces of heavy camouflage, so until the debut, this set of renderings that appeared on Mustang enthusiast forum Mustang6G.com is the next best thing to an official reveal. Mustang6G forum member chazcron is responsible for the images, which are said to have been built from the growing number of Mustang spy shots circulating the Web.

Infiniti Essence Concept bows in at Geneva

The Infiniti Essence Concept is a show-pleaser, designed to grab a few headlines and give Nissan (makers of the Infiniti – which is Nissan’s equivalent of Toyota’s Lexus) some coverage of the brand ahead of the launch of its cars in Europe. And we’ve got to admit, a classy-looking, swoopy-coupe with a few eco-credentials is not a bad way to go. The Infiniti Essence Coupe - Nissan's show stopper to raise brand awareness for Infiniti ahead of its European launch The Essence is actually pretty imposing in the flesh.