EconomyUS
Inflation Cools in June as Gas Prices Fall, Easing Fed
US inflation fell to 3.5% in June as gas prices dropped 9.7%, the largest CPI decline in four years. Core inflation eased, reducing pressure on the Fed.
—5 min read
Tag
#Gas Prices
15 articles
EconomyConsumer
Gas Prices Are Swinging: How to Budget for Volatility
Gas prices are swinging wildly due to the Iran war. Experts share budgeting strategies to manage fuel cost volatility and protect your wallet.
—6 min read
EconomyPolitics
Trump Announces Gas Price Cuts Ahead of July 4 Celebration
Trump announces Freedom Fuel Network will cut gas prices at 25 Philadelphia-area stations on July 3, as the administration pressures retailers.
—4 min read
EconomyPolitics
Treasury Warns Gas Stations in Price Gouging Probe
Treasury Secretary Scott Bessent warns gas stations to lower prices as crude oil plummets, launching a price gouging probe. Trump demands $2.50/gallon.
—5 min read
PoliticsEnergy
Trump Orders DOJ Probe Into Oil Companies Over Gas Gouging
President Trump accuses oil companies of price gouging and orders a DOJ investigation as gas prices remain elevated despite falling crude oil costs.
—4 min read
Economy
US Gas Prices Dip Below $4 for First Time Since March
US gas prices fell below $4 per gallon for the first time since March after the US-Iran peace deal, but remain 25% higher than last year amid inflation.
—5 min read
PoliticsEconomy
Trump's Iran Deal Splits GOP as Gas Prices Drop Below $4
Trump's Iran deal splits Republicans as gas prices drop below $4. A new poll finds most Americans disapprove of Trump's handling of the economy.
—5 min read
Economy
Gas Prices in Belgium Drop to Lowest Level Since Mid-March
Belgian gas prices fall to three-month low as SPF Économie announces cuts of up to 6.3 cents per litre, driven by US-Iran peace deal progress.
—4 min read
EconomyPolitics
Georgia Gas Prices Set to Spike as Tax Suspension Expires
Georgia's gas tax suspension expires at midnight, adding $0.33 per gallon. Kemp declines extension amid budget shortfall and election debate.
—4 min read
PoliticsEconomy
Swing Voters Factor High Gas Prices Into Midterm Calculus
NPR's Swing Shift project finds swing voters factoring high gas prices into midterm decisions as a new poll shows 63% blame President Trump.
—5 min read
EconomyInfrastructure
Trump Gas Tax Holiday Plan Threatens Infrastructure Funding
Trump's gas tax holiday push could worsen an infrastructure funding crisis as the Highway Trust Fund faces a $17 billion shortfall.
—5 min read
Economy
US Consumer Confidence Sinks as War-Driven Inflation Bites
Consumer confidence fell in May as gas prices topped $4.50/gallon and inflation hit 3.8%. The University of Michigan sentiment index hit a record low.
—5 min read
EconomyEnergy
Gas Prices Hit 4-Year High as Summer Energy Costs Surge
Gas prices reach $4.55/gal ahead of Memorial Day while electricity bills climb 8.5%. The Iran war drives energy costs to multi-year highs.
—5 min read
EconomyEnergy
Gas Price Crisis Grips US Ahead of Memorial Day Weekend
National gas prices hit $4.55/gallon as Iran war disrupts oil supplies, California battles Chevron, and 45M Americans face costly holiday travel.
—6 min read
EconomyConsumer
Gas Prices Surge Past $4.80 Ahead of Summer Travel Season
Gas prices are surging past $4.80 per gallon ahead of summer travel, driven by the Iran war and Strait of Hormuz closure. Consumers face higher costs.
—4 min read