Gas prices have been tumbling over the last three weeks as demand has dropped and fear of an approaching global recession has permeated oil markets.

Oil prices surged after Saudi Arabia and some other oil producers announced they're reducing their oil output. That will send gas prices higher – and benefit energy companies in America.

On the Tuesday Dec. 13 edition of Georgia Today: Georgia’s Secretary of State has been subpoenaed, the deadline for open market insurance enrollment nears, and AAA says people are going to do a lot of traveling this holiday season.

A new government report shows inflation cooled a bit in November. But prices are still climbing and the Federal Reserve is preparing to raise interest rates again.

Georgia House Speaker Jan Jones, Speaker-nominee Jon Burns, and Lt. Gov.-elect Burt Jones joined Gov. Brian Kemp as he announced his legislative priorities, including refunding some of the state's budget surplus amassed over two years.

Oil and gas production is the nation's largest industrial source of methane, the main component of natural gas, and is a key target for the Biden administration as it seeks to combat climate change.

Georgia Gov. Brian Kemp has extended the suspension of the state's motor fuel tax through Dec. 11. Kemp on Friday signed an executive order extending the suspension for a sixth time.

Gas prices have recovered somewhat nationwide, but they have continued to spike in California, hitting an average of $6.39 per gallon on Friday.

Supply chain disruptions have eased since the height of the pandemic, but concern over a potential rail strike, which appears to have been narrowly averted, highlights how that system remains fragile.

Georgia's governor is extending the suspension of the state's motor fuel tax through mid-October. Gov. Brian Kemp on Thursday signed an executive order extending the suspension for a fourth time.

The national average price of gasoline has fallen below $4 a gallon. These are four key factors that could determine what happens next with prices at the pump.

The average price of gasoline nationwide is expected to drop below $4 a gallon in the coming days as prices continue to fall from the record highs hit in June.

Gasoline prices have come down significantly during the last several weeks. Currently, the price of a gallon of gas in Georgia is about 45 cents below the national average, according to AAA.

Inflation is hitting hard in rural America and could accelerate depopulation in some parts of the country, according to the latest analysis from one expert.

Biden has been faulted for speeches that do not seem to meet the moment or lack the urgency to compel others to follow. His soothing approach to issues that prompt anger has often failed to soothe.