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NewsNational Average Gas Prices Surge as Oil Futures Breach the $100 Mark Amid Growing Global Supply Concerns
Record fuel costs strain household budgets while industry leaders warn that significant relief remains weeks away for everyone.
NewsRising Gas Prices Spark Renewed Interest in Electric Vehicles as Consumers Seek Relief
Soaring fuel costs and geopolitical tensions are driving car shoppers back toward electrified options despite a challenging economic landscape.
NewsU.S. and Allies Unleash Historic Oil Reserves to Combat Global Energy Crisis
U.S. and allies unleash four hundred million barrels from reserves to curb soaring global fuel costs and inflation.
NewsOil Prices Are Soaring. Will Gas Hit $5 a Gallon Soon?
By: Pete Grieve Editor: Julia Glum Gas prices in the U.S. have surged 61.8 cents in the past month, a fierce spike as the Iran war shocks oil and gas markets worldwide. The state average has already crossed the $5 barrier in California, where drivers are now paying $5.29 per gallon — nearly 80 cents more than a month ago, according to AAA data. It raises the question: Could the national average surpass $5 again, as it did briefly in June 2022 in the early phase of the war between Russia and Ukraine? About 20% of global oil supply is currently disrupted at the Strait of […]...