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News Articles: Gas Prices

California Gov. Gavin Newsom said on Friday that he will call a special session of the state Legislature on Dec. 5, to pass a new tax on oil companies in response to high gas prices.

Tagged as: 

  • National

California looks to target oil company profits in a special legislative session

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

October 08, 2022
|
By:
  • The Associated Press
A tentative deal announced Thursday would avert a strike on the nation's freight lines with the potential to throw supply chains into chaos. Above, a CSX freight train travels through Alexandria, Va.

Tagged as: 

  • National

A deal to avert a rail strike is on track, but it won't fix U.S. supply chain issues

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.

September 16, 2022
|
By:
  • Scott Neuman
Georgia Governor Brian Kemp handily beat David Perdue, former President Trump's hand picked candidate in the 2022 Republican Gubernatorial primary , to set up a re-election race against Democrat Stacey Abrams.

Tagged as: 

  • News

Governor again suspends Georgia gas taxes into mid-October

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.

September 01, 2022
|
By:
  • Associated Press
A person goes to the pump at a gas station in Arlington, Va., on July 29. The national average price of gasoline fell below $4 a gallon on Thursday.

Tagged as: 

  • Business

Gas prices drop below $4 a gallon. These factors will determine what happens next

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.

August 11, 2022
|
By:
  • Arezou Rezvani
A gas pump is seen at a gas station in Houston on June 9. Gas prices have dropped below $4 a gallon in parts of the country, although the national average remains above that level.

Tagged as: 

  • Economy

Gas prices are finally dropping. Here are 4 things to know

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.

August 06, 2022
|
By:
  • Scott Horsley
Gas station

Tagged as: 

  • Economy

Kemp extends suspension of state gasoline sales tax for third time

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.

August 03, 2022
|
By:
  • Dave Williams
A combination of factors is pushing some people in rural areas to consider moving closer to cities.

Tagged as: 

  • Economy

Inflation is crippling rural America and may even drive people to the cities

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.

July 25, 2022
|
By:
  • Ben Abrams
Then-Sen. Joe Biden is seen with former President Jimmy Carter watching the proceedings at the Democratic National Convention in Denver in 2008 where Biden would be the party's vice presidential nominee.

Tagged as: 

  • Politics

When a first-term Democratic president struggles, people talk about Jimmy Carter

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.

July 10, 2022
|
By:
  • Ron Elving
A photo from Tacos y Birria La Unica's Facebook account.

Tagged as: 

  • Economy

Also hit by inflation? Your local taco truck

Higher prices for gasoline, meat and vegetables and even cooking oil have put pressure on food trucks as they struggle to balance menu prices with customers' expectations of a low-cost meal.

June 28, 2022
|
By:
  • Sean Saldana
The Marathon Anacortes Refinery.

Tagged as: 

  • Business

How a massive refinery shortage is contributing to high gas prices

Oil refineries have lost capacity over recent years, making it nearly impossible to increase supply and stabilize gas prices at the pump.

June 26, 2022
|
By:
  • Brittany Cronin
Despite what the internet may think, this 7-Eleven in Chicago is not selling gas for $7.11.

Tagged as: 

  • National

No, this 7-Eleven isn't charging $7.11 for gas, even if the internet says so

A viral image of a 7-Eleven charging $7.11 was taken in 2021, and doesn't reflect the current state of gas prices in the U.S.

June 21, 2022
|
By:
  • Fernando Alfonso III
President Joe Biden talks to the media after walking on the beach Monday with his granddaughter Natalie Biden, left, and his daughter Ashley Biden at Rehoboth Beach, Del.

Tagged as: 

  • Economy

Gas tax holiday? Biden says a decision could come by the end of the week

Gas prices are finally dropping a bit after topping $5 per gallon, but the president says he's still considering suspending the federal gas tax, which could save Americans up to 18.4 cents per gallon.

June 20, 2022
|
By:
  • The Associated Press
The national average for a gallon of regular gasoline stands at $4.98, according to <a href="https://gasprices.aaa.com/">AAA</a>. Here, a gas station in McLean, Va., displays it prices last week.

Tagged as: 

  • Your Money

Gas prices fall below $5 per gallon in the first weekly drop since April

The drop doesn't signal a rapid descent to the low prices of 2021, but drivers could see modest decreases continue in the coming weeks, analysts say.

June 20, 2022
|
By:
  • Bill Chappell
President Joe Biden speaks during an interview with The Associated Press in the Oval Office of the White House on Thursday, June 16, 2022.

Tagged as: 

  • Politics

Despite warnings from economists, Biden says a recession is not inevitable

In an interview Thursday with The Associated Press, the president says the American people are "really, really down" after two years of pandemic, volatility in the economy and surging gas prices.

June 16, 2022
|
By:
  • The Associated Press
President Joe Biden speaks during an interview with The Associated Press in the Oval Office of the White House on Thursday, June 16, 2022.

Tagged as: 

  • Politics

Despite warnings from economists, Biden says a recession is not inevitable

In an interview Thursday with The Associated Press, the president says the American people are "really, really down" after two years of pandemic, volatility in the economy and surging gas prices.

June 16, 2022
|
By:
  • The Associated Press
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