Dec 19 EU countries reach compromise on natural gas price cap By Samuel Petrequin, Associated Press European Union ministers have finalized a long-awaited deal to implement a natural gas price cap that they hope helps households and businesses better weather price surges. Continue reading
Dec 16 Gas prices have dropped but still strain some drivers By Cathy Bussewitz, David McHugh, Associated Press Drivers now hope the situation doesn’t get worse after a series of cutbacks tied to Russia’s war in Ukraine, accidents and the slowing global economy have strained the world’s oil supply. Continue reading
Dec 13 Slowdown in inflation eases some pressure on American households By Christopher Rugaber, Associated Press Inflation in the United States slowed again last month in the latest sign that price increases are cooling despite the pressures they continue to inflict on American households. Continue reading
Dec 12 Watch 8:06 Tamara Keith and Amy Walter on Biden’s reelection hopes and Sinema’s party switch NPR’s Tamara Keith and Amy Walter of the Cook Political Report with Amy Walter join Amna Nawaz to discuss the latest political news, including what the White House called a 'very good week' for President Biden's reelection hopes and a… Continue watching
Oct 31 WATCH: Biden compares oil firms to war profiteers, talks of windfall tax By Zeke Miller, Seung Min Kim, Associated Press President Joe Biden on Monday accused oil companies of “war profiteering” as he raised the possibility of imposing a windfall tax on energy companies if they don't boost domestic production. Continue reading
Oct 19 Watch 5:19 News Wrap: New York City opens temporary housing site for migrants In our news wrap Wednesday, New York opened a temporary housing site for migrants, competitive rock climber Elnaz Rekabi returned to Iran after competing abroad without a mandatory headscarf and British Prime Minister Liz Truss apologized for causing economic turmoil… Continue watching
Oct 14 Watch 9:09 Why gas prices are so much higher in California and how the state is reacting By William Brangham, Courtney Norris Gas prices in much of the country have dropped substantially this fall. But in California, it’s been just the opposite. Prices there are pushing some residents to the edge, and the record costs are raising concerns about whether price gouging… Continue watching
Oct 08 Watch 5:48 Why gas prices are rising across the country again Major oil-producing countries, including Saudi Arabia and Russia, have announced that they are cutting oil production by 2 million barrels per day. Americans will soon feel the effects of that decision when they fill up their gas tanks, but the… Continue watching
Oct 07 California Gov. Newsom to call a special legislative session over soaring gas prices By Adam Beam, Associated Press California Gov. Gavin Newsom will call a special session of the state Legislature to pass a new tax on oil companies. Newsom said Friday the session would begin Dec. 5 and accused oil companies of price gouging. Continue reading
Oct 06 Watch 5:51 How the OPEC Plus production cuts will impact the economy and Russia’s war in Ukraine By Amna Nawaz Oil-producing countries including Saudi Arabia and Russia agreed to cut production by a significant 2 million barrels a day to boost prices. The move is being seen as a big setback to the Biden administration before the midterms and something… Continue watching