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The Latest Breaking News from Gas Prices

4 Refining Stocks to Buy With Rising Gas Prices

Last week, the national gas average reached the $5.00 per gallon mark amid a tight supply due to the war in Ukraine. Given the rising gas prices, refining stocks Valero Energy (VLO), CVR Energy (CVI), HF Sinclair (DINO), and Exxon Mobil (XOM) might be ideal buys now. Read more below.

StockNews.com

Bernie Sanders blasts oil companies over gas prices: Pass a ‘windfall profits tax on those crooks’

CHICAGO — Vermont Sen. Bernie Sanders praised Starbucks and Amazon workers trying to unionize and railed against oil companies over high gas prices in a brief appearance in Chicago late Thursday.

Chicago Tribune

For gas station owners, record prices aren’t the windfall people think

About a decade ago, when gas prices last surged above $3 a gallon, Chuck Graff put up a message on the sign at his St. Anthony, Minnesota, gas station: "We Hate Our Gas Prices Too."

Tribune News Service

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Blame High Gas Prices on Red Tape

Oil companies won’t invest in facilities to produce gasoline until they know they’ll be allowed a future.

Reason

Rising gas prices blamed as Advance Bricks says its oven will go cold after 82 years in Stawell

Once-thriving Advance Bricks in Stawell goes to the wall, wiping out 23 jobs because it can no longer afford the power bill to fire its oven.

ABC News

Despite warnings from economists, Biden says a recession is not inevitable

In an interview Thursday with The Associated Press, the president says the American people are "really, really down" after two years of pandemic, volatility in the economy and surging gas prices.

WEKU

Why energy bills are increasing?

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

The Independent UK

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How Wall Street is driving inflation

Deregulated Wall Street traders are driving price spikes on gas and food — but Biden could shut them down easily

Salon

Americans take to Google to make sense of high gas prices

As the 2022 midterms approach, Axios is tracking what topics are trending.

Axios

European gas rises further, escalating energy war

Natural gas prices in Europe jumped after Russia stepped up an energy war by cutting supplies through the largest link to the continent to less than half of its usual volumes.

Bangkok Post

Commentary: We don’t need a costly, government-mandated detour to electric cars

With gas prices nearing $5 per gallon nearly everywhere, you’d think the Left would be a little more careful “saying the quiet part out loud.”

Tribune News Service

As Tesla Demand Increases, Delivery Wait Times Get Longer

As gas prices continue to soar, interest in electric vehicles keeps rising.

Benzinga

Is Halliburton a Smart Oil & Gas Equipment & Services Stock to Invest In?

Oil and gas equipment company Halliburton (HAL) has been gaining significantly in price this year, driven by the rising oil and gas prices. However, given its poor top and bottom-line growth over the past few years, is HAL a buy now? Read on to find out.

StockNews.com

Gas surges in Europe as Russia signals deeper supply cuts

European natural gas prices extended gains as Russia signaled deeper supply reductions through its biggest pipeline to the continent.

Tribune News Service

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The Independent UK

How to afford summer road trips amid high gas prices

With record-high gas prices, travelers can save money on summer road trips by considering alternatives

The Philadelphia Inquirer

Biden acknowledges 'our work isn't done' on the economy as he talks to labor leaders in Philadelphia

President Joe Biden acknowledged the economic pains Americans are feeling while pointing to progress he said his administration has made to build an economy around working people in an address to labor leaders in Philadelphia on Tuesday.

The Independent UK

Bernie Sanders challenges GOP to end ‘demagoguery’ in debate with Lindsey Graham

Hourlong debate spans inflation, gas prices, Donald Trump’s legacy and gun reform

Roll Call

Sanders, Graham square off on climate, gas prices in debate - Roll Call

Sens. Bernie Sanders, I-V.t., and Lindsey Graham, R-S.C. sparred over rising gas prices during a Monday debate.

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Tribune News Service

COVID? High gas prices? Summer vacationers want to get back to normal in spite of the hurdles

PITTSBURGH — Barbara and Ben Thomas of Churchill are thrilled about traveling again.

WEKU

Gas hits $5 a gallon for the first time. Here's how it got here and what's ahead

Gas prices could rise even further after hitting an average national price of $5 a gallon for the first time. Here are 4 things to know

Tribune News Service

Can you use E85 fuel in your car as gas prices hit record high? Here’s what to know

As prices at the pump hit record highs, some drivers might be wondering about cheaper ways to fill their cars.

Axios

High gas prices hit low-income Americans the hardest

"It can create a cascade of other hardships."

The Independent UK

Gas prices likely kept US inflation painfully high in May

The costs of gas, food and other necessities likely shot up in May, giving Americans no respite from the worst outbreak of inflation in four decades

The Independent UK

Biden's inflation crunch: Too much shopping — even at beach

President Joe Biden could have looked out the window of his limousine on his drive last weekend to his beach home and seen firsthand why he's struggled to contain inflation

Tribune News Service

Conservatives slam Stabenow for praising electric cars amid high gas prices

WASHINGTON — Sen. Debbie Stabenow, D-Michigan, has come under fire from conservatives on social media for boasting about driving her electric vehicle from her home state capital to D.C. over the weekend amid skyrocketing gas prices.

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