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The Latest Breaking News from Gas Prices

Big Oil was too slow to drop gas prices

New report from Accountable.US finds oil companies were eager to gouge consumers, even as oil prices began to fall

Salon

5 Ways to Get the Best Bang for Your Buck on Gas While Prices Remain High

Save your wallet from sky-high gas prices by researching money-saving tips and tricks. For many drivers, gas remains a necessity, so make the most out of each trip to the pump by using fuel rewards, strategic driving, paying in cash and remaining open to new money-saving options such as mobile…

Benzinga

Reliance expects gas price to rise in October, wants removal of ceiling prices

The government sets gas prices every six months based on international rates

The Hindu

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What's the average price for a gallon of gas in the US?

Data on nationwide gas prices, updated weekly.

USAFacts

Biden holds a gas prices event virtually as he isolates with COVID-19

The president will isolate through Tuesday, and if he tests negative, at that point he could resume a normal schedule on Wednesday. He has continued to work since testing positive on Thursday.

WEKU

Democrats could lose their reprieve on gas prices

Pump prices are falling sharply, but they could rise again.

Axios

Missouri’s average gas price falls to $4.18

As of July 20, Missouri’s average gas price according to AAA was $4.18 for regular gas, which was below the national average of $4.47. Gas prices fell from the previous week’s average of $4.37 and were below the June average of $4.66. On July 20, 2021, the state’s average price…

Ballotpedia

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Natural gas prices rising in US, dampening hopes for lower inflation

High price of natural gas increases costs for other products including steel, cement and glass

The Guardian - US

‘Gas prices increased 2.5 times in eight years’

HYDERABAD

The Hindu

White House economic adviser predicts gas prices will continue to slide throughout July

Good news for consumers after weeks of national average price hovering around $5.00 per gallon

The Independent UK

State Department adviser expects gas prices to fall to $4 a gallon

After months of skyrocketing, prices at the pump have begun to fall.

Axios

Biden says he confronted Saudi crown prince over Khashoggi’s killing

JIDDA, Saudi Arabia — President Joe Biden shared a fist bump Friday with the leader of the oil-rich country he once vowed to make a “pariah” over its human rights abuses as the White House scrambles to mitigate record inflation and high gas prices hammering Americans in an election year.

Los Angeles Times

Biden offers historic fist bump in Saudi Arabia as he abandons promise to isolate the kingdom

JEDDAH, Saudi Arabia — President Joe Biden met here on Friday with the leaders of the oil-rich country he once vowed to make a “pariah” over its human rights abuses as the White House scrambles to mitigate record inflation and high gas prices hammering Americans in an election year.

Los Angeles Times

President Biden arrives in Saudi Arabia, reversing promise to make it an international outcast

JEDDAH, Saudi Arabia — President Joe Biden arrived at the Royal Palace here on Friday to meet with the leaders of the oil-rich country he once vowed to make a “pariah” over its human rights abuses as the White House is scrambling to mitigate record inflation and high gas prices…

Los Angeles Times

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Ballotpedia

Missouri’s average gas price falls to $4.35

As of July 14, Missouri’s average gas price according to AAA was $4.35 for regular gas, which was below the national average of $4.60. Gas prices fell from the previous week’s average of $4.58 but remained above the June average of $4.48. On July 14, 2021, the state’s average price…

Reason

Fuming About Corporate Greed Won't Fix High Gas Prices

Rebutting Democrats' gaseous words on refiners' greed.

Axios

Gas stations' long decline

Most of them are small businesses.

The Independent UK

Will Joe Biden’s trip to Saudi Arabia affect US gas prices?

Issue weighs on president as midterms approach

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Tribune News Service

Energy-producing states lag in latest economic numbers

Amid worries about a possible recession, energy-producing states had the biggest drops in GDP during the first quarter of this year, despite skyrocketing oil and gas prices, new government figures show.

Los Angeles Times

Commentary: The Sriracha shortage, or as my wife might call it: Our long, heatless summer

We all have a very full platter this summer. A sinking economy. Scandalously high gas prices. An obstinate, and reemerging, coronavirus. War in a foreign land. Cryptocurrency collapse. And then there are the shortages. Tampons, baby formula and the one my wife brought to my attention — the Sriracha shortage.

WEKU

No retreat in the summer heat. Inflation blistering at 9.1% in June

Inflation hit a new, four-decade high of 9.1% last month, fueled in part by record high gasoline prices. Gas prices have since fallen, but overall inflation is still elevated.

The Independent UK

Cost of living: How can the UK government help reduce energy bills?

Government under fire for not doing more to help households tackle climbing costs even before leadership crisis brought fresh chaos to Westminster

The Independent UK

Why energy bills are increasing?

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

The Independent UK

Surging gas prices likely drove US inflation to 40-year high

U.S. inflation likely reached a new 40-year high in June, driven up by a spike in gas costs, more expensive food and rent, and pricier cars and hotel rooms

Axios

White House braces country for hot consumer inflation report

Annual headline inflation is forecast to increase to 8.8% for June, up from 8.6%.

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