Apr 12 U.S. inflation rises 8.5 percent, sharpest increase since 1981 By Paul Wiseman, Associated Press Inflation soared over the past year at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing American consumers and wiping out the pay raises that many people have received. Continue reading
Apr 06 Watch 3:34 U.S. lawmakers grill oil executives about sharp rise in gas prices By Amna Nawaz, Courtney Norris, Tommy Walters Since Russia’s invasion of Ukraine, fuel prices have shot up and stayed high. Lawmakers on Capitol Hill Wednesday were laying blame for rising gas prices on executives from BP, Chevron, Shell, ExxonMobil and others. Meanwhile, everyday Americans are feeling the… Continue watching
Apr 01 Watch 12:45 Brooks and Capehart on Biden’s shifting immigration policy, the Jan. 6 investigation New York Times columnist David Brooks and Washington Post columnist Jonathan Capehart join Judy Woodruff to discuss the week in politics, including President Biden's decision to tap the country's strategic petroleum reserve, a return to pre-pandemic border policies and the… Continue watching
Mar 31 WATCH: Biden announces use of strategic oil reserves for 6 months to control gas prices By Zeke Miller, Josh Boak, Associated Press Biden on Thursday ordered the release of 1 million barrels of oil per day from the nation’s strategic petroleum reserve for six months, a bid to control energy prices that have spiked after the U.S. imposed steep sanctions on Russia. Continue reading
Mar 31 Biden orders release of 1 million barrels oil a day from strategic reserve to hit brakes on gas prices By Zeke Miller, Josh Boak, Associated Press President Joe Biden is ordering the release of 1 million barrels of oil per day from the nation's strategic petroleum reserve for six months in a bid to control energy prices. Continue reading
Mar 21 Saudi Arabia says it ‘won’t bear any responsibility’ for high oil prices By Isabel Debre, Associated Press The unusually stark warning marked a departure from the giant oil producer's typically cautious statements, as Saudi officials remain aware that even their smallest comments can swing the price of oil and rattle global markets. Continue reading
Mar 16 Burning through gas money? Here are some ways to help you save on fuel By Tom Krisher, Associated Press Fueled largely by Russia’s invasion of Ukraine, gas prices worldwide have skyrocketed. Continue reading
Mar 16 WATCH: Why are gas prices so high and how long could they stay this way? By Nicole Ellis, Casey Kuhn The average prices of retail gasoline has risen 25 percent in the past two months and nearly 70 percent since President Joe Biden came into office. But what's to blame for skyrocketing gas prices? The COVID pandemic, inflation, the Russian… Continue reading
Mar 11 Watch 12:55 Capehart and Abernathy on the domestic impact of Russia’s invasion in Ukraine By PBS NewsHour Jonathan Capehart and Gary Abernathy, both columnists for The Washington Post, join Judy Woodruff to discuss the week in politics, including the financial squeeze Americans are feeling amid sanctions on Russia and whether new laws in Florida on race and… Continue watching
Mar 08 Watch 8:51 Undersecretary of State Victoria Nuland on the American, NATO response to war in Ukraine As President Biden announced energy sanctions on Tuesday, inside Russia the economic shockwaves continue. The central bank has now set a limit on withdrawals of dollars amid increasingly worthless rubles. Undersecretary of State for Political Affairs Victoria Nuland joins Judy… Continue watching