The Latest Breaking News from Gas Prices

Rishi Sunak under fire for not doing more to help households tackle climbing costs

Squeeze on wholesale gas prices around the world driving up household bills

Gas and oil prices are heading in the right direction, finally. But the reasons why might be no cause for celebration.

Senior Biden administration officials have quietly traveled to Caracas in the latest bid to rebuild relations with the South American oil giant as the war in Ukraine drags on, driving higher gas prices and forcing the U.S. to recalibrate other foreign policy objectives

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Squeeze on wholesale gas prices around the world driving up household bills

Rishi Sunak under fire for not doing more to help households tackle climbing costs

President Joe Biden’s call for a three-month suspension of the 18-cent federal gas tax in response to soaring gas prices has, thankfully, landed with a bipartisan thud in Congress. The idea, an old fallback for politicians when pump prices rise, is virtually always a bad one, providing meager relief to…

Ride-hailing drivers and food delivery workers in Chicago are adjusting their driving habits to make up for the rising cost of fuel.

Oil refineries have lost capacity over recent years, making it nearly impossible to increase supply and stabilize gas prices at the pump.

Democrats want to mobilise their voters to protect abortion rights. But voters have multiple concerns like inflation and gas prices on their minds.