gasoline prices

High inflation under Democrat President Joe Biden’s economy is making American consumers anxious about the affordability of basic necessities — such as housing, food, and gasoline. 

China’s government-run Xinhua News Agency announced on Tuesday that the Communist Party would lower gasoline and diesel prices nationwide, a move following growing purchases of cheap Russian petroleum products and of American gasoline leftist President Joe Biden released from the country’s Strategic Petroleum Reserve (SPR).

Argentine truck drivers’ unions called for a nationwide strike on Wednesday, causing miles-long road closures and other transportation disruptions that threatened to jeopardize the country’s food supply during its peak harvest season, Reuters reported.

Still no help on the supply side from U.S. oil producers.

The inflation rate in Canada in March was recorded at 6.7 per cent, the highest rate of inflation in 31-years, increasing by a full percentage point over February’s figure. Inflation, or the costs of various goods in Canada, is rapidly

Michigan Attorney General Dana Nessel (D) wants the Biden administration to intervene in the dispute over the state’s Line 5 oil pipeline and shut it down because keeping the pipeline open could result in an oil spill, Nessel says.

Hey Joe: What did you say about cutting our costs?

OPEC and allied oil producers agreed to increase production in February because they see demand remaining strong.

Biden tries to pass the buck for inflation to gas stations. The data do not support his claim.

Michigan gas prices have soared to a 2021 high, as the average gallon of unleaded gas in the state registers at $3.33.

Sean Parnell said the Keystone State is “ground zero” for the Biden administration’s “war on the energy industry.”

The average price of a gallon of gasoline rose above three dollars on Wednesday, according to data from AAA.

Demand for gasoline soared Monday as the shutdown of the Colonial Pipeline sent Americans to the pumps. Gas demand on the east coast of the U.S. rose 32.5 percent compared with the prior Monday, GasBuddy petroleum analyst Patrick De Haan

Raising the price of gasoline is part of Democrats’ plan to make driving unaffordable for most Americans, Charlie Hurt said.

On Wednesday’s broadcast of the Fox News Channel’s “Your World,” Rep. Emanuel Cleaver (D-MO) said that he prefers raising the gasoline tax to pay for infrastructure, but “unfortunately, Americans have become so accustomed to the low gas prices,” and you

The consumer price index climbed three-tenths of a percentage point in January, the Labor Department said Wednesday. That was the fastest pace of inflation in five months. But most of that can be attributed to higher gasoline prices, which rose by 7.4 percent in January. Outside of fuel, price increases were tame or nonexistent.

The price for gasoline dropped to 99 cents a gallon at the Spur 7 BP station in London, Kentucky, on Wednesday. 

President Donald Trump praised the U.S. 3.2 GDP increase released Friday for the first quarter of 2019 as much higher than expectations.

Alfredo Ortiz writes in The Hill that, for lack of anything else to pin on Trump, perennially disgruntled Democrats are blaming the 50 cent rise in gas prices on the president’s “reckless decision to pull out of the Iran deal.”

On a real basis, gas may be cheaper than it has been on any Independence Day in this century.

At the end of September, the Organization of Petroleum Exporting Countries (OPEC) surprised the markets by agreeing to a production cut. As soon as the 14-nation deal was announced, oil prices jumped more than five percent to some of the highest levels since the crash two years ago.

All of us loved less-than $2 a gallon at the pump. AAA reports: “Americans paid cheapest quarterly gas prices in 12 years”—which resulted in savings of nearly $10 billion compared to the same period last year. However, oil (and, therefore gasoline) has been creeping upward since the February low—topping $45 a barrel, a high for the year. And that could be a good thing.

The Federal Reserve has kept a watchful eye on labor markets but as it meets next week to chart interest rate policy, it would do well to recognize that inflation is heating up too.

The American consumer resists marketing aimed at selling them electric and hybrid vehicles. For the first quarter of 2015, according to the Wall Street Journal (WSJ), Chevrolet sold 1,874 Volts—its electric car introduced in 2010 with “high expectations.” That roughly equals the number of Silverado pick-up trucks sold in one day.

AAA estimates U.S. households in 2014 saved an average of $115 on gasoline compared to last year, with the majority of that savings coming during the price collapse that sent the national price down to an annual low of $2.26 on the last day of the year. Gasoline prices have continuously fallen every day for an all-time record of 97 days. The last time America saw such a low average national price was on May 12, 2009.