The Latest Breaking News from Gas Prices

Gas prices have recovered somewhat nationwide, but they have continued to spike in California, hitting an average of $6.39 per gallon on Friday.

The ₹3 per kg increase in CNG price is the first hike in rates in over four months

SACRAMENTO, Calif. — Gov. Gavin Newsom on Friday announced he is calling a special legislative session in December for lawmakers to consider passing a tax on excessive profits oil companies are making because of the spike in California gas prices.

California Gov. Gavin Newsom will call a special session of the state Legislature to pass a new tax on oil companies

Inflation and gas prices tied to bigger global issues, experts say

European Union leaders on Friday agreed to give more financial and military aid to Ukraine, but a full day of talks in Prague's ornate royal castle seemed to bring them no closer to deciding on whether or how to cap gas prices. Most of the EU's 27 countries want a…

SACRAMENTO, Calif. — When gas prices rise, it instantly fuels political rhetoric about price gouging and the need to help motorists pay at the pump. It's as automatic as pushing the starter button and hearing the engine crank up.

European Union leaders on Friday agreed to give more financial and military aid to Ukraine, but a full day of talks in Prague's ornate royal castle seemed to bring them no closer to deciding on whether or how to cap gas prices.

As Californians look down the barrel of gasoline prices just cents away from hitting another all-time record, Gov. Gavin Newsom is quick to blame the oil industry for “ripping you off.” But even as Sacramento considers levying a punitive tax on oil companies, experts say state regulators have woefully little…

With weeks until winter, EU gas storage is almost 90 percent full, a level 15 percent higher than last year.

SAN JUAN CAPISTRANO, Calif. — When Amy Sibley heads to the Costco here from her home in nearby San Clemente, her best friend, Lisa Miller, tags along — to save gas money.