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gas prices

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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.

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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…

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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…

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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.

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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.

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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.

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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.

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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…

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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…

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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…

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