gas prices

Soaring gas prices leads to biggest monthly inflation spike in four years in March

By Christopher Rugaber, Associated Press

It’s the first read on inflation to capture the effects of the Iran war.

With Iran war address, Trump urges increasingly skeptical electorate to give him a bit more time

By Aamer Madhani, Associated Press

President Donald Trump finds himself not only negotiating with an enemy that refuses to throw in the towel but also dealing with an American tolerance for a conflict that's being stretched.

Stopgap measures aren't enough to halt rising gas prices in the face of the Iran war

By Cathy Bussewitz, Associated Press

Hoping to ease some pain for consumers, President Donald Trump and other heads of state have been pulling on various levers, launching more oil on the market in a bid to calm the chaos.

National average for gas tops $4 a gallon, the highest since 2022

By Wyatte Grantham-Philips, Associated Press

According to motor club AAA, the national average for a gallon of regular gasoline is now $4.02 — over a dollar more than before the war began.

Soaring gas prices and supply chain disruptions drive up costs across the economy

By Vidya Mani, The Conversation

U.S. consumers, already feeling pain at the gas pump, can expect higher prices and prolonged shortages for goods of all sorts, including food, as additional consequences of slowed oil production.

EPA approves sale of a higher-ethanol fuel to try to lower gas prices

By Melina Walling, Associated Press

The Environmental Protection Agency has announced it would allow gas stations to continue selling slightly cheaper E15 this summer in a move that may be good for drivers and corn growers but will likely contribute to air pollution.

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.