Mar 07 Watch 4:22 Biden administration considers ban on U.S. imports of Russian oil By Geoff Bennett, Ebony Joseph, Kyle Midura Russia is one of the world's largest energy producers of both crude oil and natural gas. Prices for both commodities have skyrocketed since the war started almost two weeks ago, and they are near record territory. Europe especially relies on… Continue watching
Mar 07 Watch 8:49 Tamara Keith and Amy Walter on a possible U.S. ban on Russian oil, Trump and the GOP base By Lisa Desjardins, Saher Khan, Matt Loffman NPR’s Tamara Keith and Amy Walter of the Cook Political Report with Amy Walter join Lisa Desjardins to discuss the latest political news, including how mounting pressure to ban Russian oil imports is putting President Biden in a tough situation… Continue watching
Mar 07 U.S. gas prices spike as calls to ban Russian oil continue By David Koenig, Associated Press Gasoline prices are pushing even farther above $4 a gallon, the highest price that American motorists have faced since July 2008, as calls grow to ban imports of Russian oil. Continue reading
Feb 13 Watch 4:33 Why gas prices could remain high for some time By Hari Sreenivasan Inflation in the U.S. has jumped at its fastest rate in 40 years, the Labor Department announced last week. Costs of food and fuel have been rising – and while there may be fluctuations in prices, gasoline prices are expected… Continue watching
Nov 23 Watch 8:42 How tapping strategic oil reserve will affect U.S. gas prices, OPEC+ By William Brangham, Harry Zahn President Joe Biden is tapping an emergency stockpile of oil to stem a rising tide of energy prices. His order Tuesday draws 50 million barrels of crude oil from the nation's Strategic Petroleum Reserve. William Brangham begins the report, and… Continue watching
Nov 23 U.S. to release 50 million barrels of oil from reserve to alleviate energy costs By Josh Boak, Colleen Long, Associated Press The move is aimed at global energy markets, but also aimed at voters who are coping with higher inflation and rising prices ahead of Thanksgiving and winter holiday travel. Continue reading
Nov 21 Watch 3:38 Inflation a major issue facing the Biden administration By PBS NewsHour Inflation, now running at more than 6%, is the number one concern for many Americans as prices rise, from the gas pumps to the grocery shelves. It’s also a looming threat to President Joe Biden’s administration. A complex mix of… Continue watching
Aug 11 WATCH: Biden talks gas prices as he pushes domestic agenda By Associated Press Fresh off back to back Senate victories on both his infrastructure plan and budget blueprint, Biden pitched his domestic agenda, insisting they're already "working" to deliver for the American people. Continue reading
May 23 Average US price of gas jumps 8 cents per gallon to $3.10 By Associated Press The highest average price in the nation right now is $4.23 a gallon in the San Francisco Bay Area. The lowest average is $2.53 in Houston. Continue reading
May 13 Gas crunch continues across much of U.S. after pipeline hack By Tom Foreman Jr., Jeff Martin, Ben Finley, Associated Press Georgia-based Colonial Pipeline says the gas is flowing again but it could take days before it's totally back to normal. A cybersecurity attack forced a temporary shutdown and panic-buying that drained supplies. Continue reading