gas prices

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We Could Get a &#39;Gas Tax Holiday&#39;
We Could Get
a 'Gas Tax Holiday'
THE RUNDOWN
Mar 10, 2022 12:38 PM CST

We Could Get a 'Gas Tax Holiday'

Lawmakers are pushing the idea to ease the pain at the pumps

(Newser) - With gas prices at their highest in years—an average of $4.318 per gallon in the US as of Thursday—and expected to climb higher , some lawmakers are calling on President Biden to back the suspension of a federal gas tax to ease the financial burden. A federal "...

Gas Could Cost Your Family an Extra $2K This Year
At Gas Pumps, 'Dire Situation'
May Be Here Awhile  
THE RUNDOWN
Mar 8, 2022 12:48 PM CST

At Gas Pumps, 'Dire Situation' May Be Here Awhile

Russia's invasion of Ukraine sent US into 'hyper-supply crunch;' it's not expected to improve soon

(Newser) - We haven't seen gas prices this high in the US since 2008, with Russia's invasion of Ukraine being a primary driver. AAA reports that the average cost of a gallon of gas was $4.17 as of Tuesday morning, per CNN Business . That's a 10-cents-per-gallon increase just...

This Is the Most Americans Have Ever Paid for Gas

Average price for a gallon hits $4.14

(Newser) - Update: Forget being close to a record—gas prices are officially at a record high as of Monday. The average price for a gallon of regular gasoline in the US is now $4.14, passing the previous record of $4.11 from 2008, CNN reports. That's up 60 cents...

For Drivers in 2 States, Big Change Looms at Gas Pump

New Jersey, Oregon may finally allow drivers to pump their own gas

(Newser) - Out-of-state drivers heading through New Jersey or Oregon likely encounter a surprise when they stop for gas: In those states, drivers (mostly) still can't pump their own. Now, however, both states are considering legislation to finally allow the practice, reports the Hill . Rising gas prices and a tight labor...

US Sees an Unwanted First on Gas Prices

For first time, average price of a gallon goes over $5 in one city

(Newser) - Russia's invasion of Ukraine has pushed gas prices sky-high. For the first time in any US city, the average price of a gallon of gas hit $5 in San Francisco on Thursday. The rest of California, the state where gas is the priciest at a current average of $4....

Biden to Pull 50M Barrels of Oil From Strategic Reserve

Goal is to bring down prices around the globe

(Newser) - The White House on Tuesday said it had ordered 50 million barrels of oil released from the strategic reserve to bring down energy costs, in coordination with other countries including China. The move is an effort to bring down gas prices that are currently averaging about $3.40 a gallon...

Biden Questions Oil Companies&#39; Math
Biden Questions
Oil Companies' Math
Nov 17, 2021 4:52 PM CST

Biden Questions Oil Companies' Math

President wants investigation into why pump prices are up when costs are down

(Newser) - President Biden wonders why the cost of producing gasoline is dropping while prices at the pump are rising. Maybe "illegal conduct" is to blame, he wrote the chair of the Federal Trade Commission on Wednesday, asking Lina Khan to investigate oil and gas companies and "bring all of...

Propane Market Could Be Headed for 'Armageddon' This Winter

Millions of Americans will have to pay a lot more to heat their homes

(Newser) - A tough winter could lie ahead for the 5% of American households that heat their homes with propane. The fuel has hit its highest price for this time of year in a decade, meaning millions of rural households will experience "sticker shock" when it's time to fill up...

Some Gas Stations Are Running Out of Gas

As the July 4 holiday weekend looms

(Newser) - Not only are gas prices their highest in nearly seven years—in some parts of the US, you might struggle even to be able to get gas at all. Stations are running out of fuel, CNN reports, due to a tank truck driver shortage and rising demand leading to supply...

Gas Industry Is Running Out of Drivers

Driver shortage could cause gas shortages this summer, industry warns

(Newser) - Demand for gas is now nearly at pre-pandemic levels and could hit new highs this summer—but the industry is desperately low on drivers who can bring it to gas stations. Industry groups say there's no current shortage of gas, but the chronic shortage of tanker truck drivers has...

In Some Areas, Gas Is Below $1 a Gallon
Gas Is Cheap, Not
That You'd Notice
Mar 31, 2020 3:13 AM CDT

Gas Is Cheap, Not That You'd Notice

National average hovers around $2 a gallon, but for many motorists there's nowhere to go

(Newser) - US gasoline prices have dropped to their lowest levels in four years, and they are almost sure to go lower as oil prices plunge. Price-tracking services put the national average Monday around $2 a gallon. Some stations were spotted charging under a dollar. But don't expect a stampede to...

Trump Sees Silver Lining in Bad Financial News

Falling oil prices means cheaper gasoline for consumers, he tweets

(Newser) - President Trump suggested Monday that concern over the coronavirus outbreak was overblown. In one of several tweets, he drew comparisons between COVID-19 and the seasonal flu. "So last year 37,000 Americans died from the common Flu," he wrote . "It averages between 27,000 and 70,000...

Trump Congratulates Himself on Falling Gas Prices

''Thank you President T'

(Newser) - President Trump congratulated himself for falling oil prices. He chided the Federal Reserve over interest rates. He claimed Central American countries are trying to dump "certain people" into the United States. Trump's Florida holiday stay came to an end Sunday with a visit to his golf club for...

In Manhattan, Gas Reaches $5 a Gallon

Price at Hell's Kitchen station is way higher than the national average, however

(Newser) - $5 gas? It was a reality at at least one station in the US on Tuesday, specifically at a Mobil station in Manhattan's Hell's Kitchen, reports Fox5NY . Technically, the price hit $4.999. That's higher than the $3.18 average in New York City overall, according to...

This Will Be the Priciest Driving Season Since 2014

US daily national average for regular gasoline hits $2.81 per gallon

(Newser) - Get ready for a little bit more pain at the pump this summer. Crude oil prices are at the highest level in more than three years and expected to climb higher, pushing up gasoline prices along the way, the AP reports. The US daily national average for regular gasoline is...

Harvey Is Bad News for Nation&#39;s Drivers
Harvey Is Bad News
for Nation's Drivers
the rundown
Aug 31, 2017 1:26 PM CDT

Harvey Is Bad News for Nation's Drivers

What you need to know about gas prices, availability

(Newser) - Hurricane Harvey has devastated Texas, and it's also bringing bad news for drivers across the nation. Harvey's impact on the Gulf Coast caused several major refineries and a key gasoline pipeline to shut down, the AP reports. What that means:
  • Prices are on the rise: Per GasBuddy , the
...

'Dramatic Turnaround' Projected for Gas Prices

Prices projected to be lower July 4 than on Jan. 1

(Newser) - In what USA Today calls a "stunning" moment for analysts, gas prices are projected to be lower on the Fourth of July than they were on New Year's Day. That's the first time consumer data tool GasBuddy has made such a projection in its 17 years (the...

Rumors Swirl as Gas Shortage Hits N. Korea

Beijing may have tightened supply

(Newser) - An acute shortage of gasoline in the North Korean capital of Pyongyang that has sparked price hikes and hoarding is raising fears of potentially crippling pain at the pumps if things don't get better soon—and driving rumors that China is to blame. The shortage, which is extremely unusual...

Southeast Braces for Gas-Price Spike
Southeast Braces
for Gas-Price Spike
Sep 16, 2016 12:17 PM CDT

Southeast Braces for Gas-Price Spike

Thanks to major spill that shut down part of Texas-to-NY pipeline

(Newser) - In what's being called a supply "red alert," a part of the Colonial Pipeline that transports gas from Houston to New York—serving about 50 million people in 13 states daily, per CNN and the Wall Street Journal —has been shut down since Sept. 9, when...

Driver Fills Gas Tank for Just 26 Cents

Ohio gas station blames price war, computer glitch

(Newser) - A computer glitch led to a brief price war between two gas stations in northwest Ohio, allowing some drivers to fill their tanks for pennies per gallon, the AP reports. According to WTOL-TV , a computer malfunction dropped prices at one north Toledo gas station, and another across the street lowered...

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