gas prices

Trump touted bigger tax refunds, but higher gas prices are likely to eat them up

By Christopher Rugaber, Associated Press

The large jump in tax refunds from President Donald Trump’s tax cut legislation was meant to boost the U.S. economy, but surging gas prices are on track to eat them up, leaving Americans with little extra to spend.

Key inflation gauge worsened in January, before Iran war lifted gas prices

By Christopher Rugaber, Associated Press

Prices rose 2.8% in January compared with a year earlier, the Commerce Department said Friday.

Trump suggests high oil prices are a positive after bragging about low gas prices last month

By Josh Boak, Associated Press

The about-face comes as Trump's team has struggled to offer a clear plan for opening up the critical Strait of Hormuz so that tankers full of oil and natural gas are no longer stranded.

Should drivers turn to EVs as the war spikes gas prices? Here's what to know

By Alexa St. John, Tammy Webber, Associated Press

Drivers of gas-powered vehicles are much more vulnerable to fluctuating prices that result from global conflict than those who charge their cars.

The Iran war and surging oil prices are affecting consumers. Here's how

By Cathy Bussewitz, Mae Anderson, Christopher Rugaber, Associated Press

You don't have to drive a car to be affected.

Divided on so many things, Americans find unity in frustration at higher gas prices

By Hannah Fingerhut, Mike Householder, Michael Schneider, Michael Catalini, Bill Barrow, Associated Press

The national average gas price was $3.48 a gallon on Monday, up from $2.90 a month ago, before the war, according to tracking by AAA.

Oil expert warns of 'nightmare scenario' Iran war could spark

By Geoff Bennett, Courtney Norris

It was a day of major volatility in global energy markets and a moment of real concern for consumers. Oil prices surged overnight, coming close to $120 a barrel, but by the end of the trading day prices had fallen…

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Oil prices soar to levels not seen in years as war in Iran intensifies

By Alex Veiga, Elaine Kurtenbach, Associated Press

Supply concerns have driven crude and gasoline higher prices as the war ensnares major oil-producing countries and hinders exports from the Persian Gulf.

Oil and gas prices rise rapidly as Iran war escalates

By Cathy Bussewitz, Associated Press

The price of oil surged higher and showed no signs of halting its rapid climb a week after the U.S. and Israel launched major attacks on Iran that escalated into a war in the Middle East.