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The Latest Breaking News from Gas Prices

Congress has an approval problem. Does it matter?

The last time Americans overwhelmingly approved of Congress, the U.S. had recently gone to war and was still reeling from the Sept. 11 terrorist attacks. Gas prices were $1.31 a gallon and “Fallin’” by Alicia Keys was the top song on the Billboard Hot 100 chart. The year was 2001,…

Roll Call

Why are oil prices down and gas rates steady today, and will Brent crude, US WTI futures, Dutch and British natural gas prices rise or decline in near future? Oil dips as markets watch Iran ceasefire, Trump-Xi China summit and Strait of Hormuz risks

Why are oil prices down and gas rates steady today, and will Brent crude, US WTI futures, Dutch and British natural gas prices rise or decline in near future? Oil slipped after a three-day rise while gas stayed stable as markets tracked Iran ceasefire risks and the Trump-Xi China summit.…

The Economic Times

Trump promise of gas tax relief hits roadblock in Congress: ‘End this damn war’

Democrats on the campaign trail side with Trump, but many Democrats and Republicans on the Hill are not as sure, Eric Garcia writes

The Independent UK

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‘$150 and it’s not even full’: Kentucky man’s gas station meltdown goes viral after he calls out stay-at-home MAGA moms

Gas prices are hitting regular Americans hard.

We Got This Covered

Trump brushes off Iran war’s cost at home: ‘I don’t think about Americans’ financial situation’

President’s stunning admission comes as American struggle with surging inflation and record gas prices as a result of the continued blockade of the Strait of Hormuz

The Independent UK

Congress Is Talking About a Federal Gas Tax Holiday: How Much Will Drivers Really Save?

As calls grow to suspend the federal gas tax, analysts say drivers may see only limited relief at the pump.

Kiplinger

The Bahamas goes to polls in three-way battle with immigration a key issue

Rising cost of living such as high gas prices also a concern in election that will have record number of voters

The Guardian - UK

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Minneapolis lifted trucks targeted in fuel theft scheme amid soaring gas prices: ‘thinking about getting cameras’

The popular mod leaves them vulnerable.

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The gap between America’s wealthiest and everyday citizens is the biggest it has been in generations

The U.S. economy is increasingly bifurcating, with high gas prices and employment issues hitting lower-income households, while the richest Americans enjoy tax cuts and a soaring stock market

The Independent UK

‘Brutally out of touch’: Transportation Secretary Sean Duffy launches a road trip reality show while gas hits $4.50 a gallon

Turned out to be a PR disaster.

We Got This Covered

Rachel Scott asked Trump why he’s polishing monuments while gas prices soar. His meltdown revealed a truth about his priorities

President Donald Trump lost his cool during a press Q&A on May 7 when ABC News correspondent Rachel Scott asked why he was focusing on monument renovations while gas prices continued to climb. His explosive reaction, calling her question “stupid” and a “disgrace to our country”, sparked another round of…

The Mary Sue

Spiritless summer: Americans feel squeeze of costly fuel amid busy travel season

Soaring oil prices have left many Americans with higher costs and fewer options for travel amid the Iran war

The Guardian - US

Trump claims doubled gas prices are ‘way down’ as his transport chief tells Americans to take road trips

Sean Duffy boasted that oil prices had dipped below $100 a barrel after Trump’s war in Iran caused the cost of gas to more than double

The Independent UK

Price impact uncertain from gas reservation scheme

Households have not be guaranteed how much gas prices in east coast markets will come down under a reservation scheme.

AAP

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The Independent UK

Hoping a possible peace deal will quickly bring down gas prices? It might take up to a year

Trump’s war in Iran has seen average gas prices rocket from $3 before the conflict to $4.54 per gallon

Motor1

As Gas Prices Climb, Hybrid Sales Are Booming

You’ve probably driven past a gas station recently and noticed that prices are climbing—and quickly. While large swathes of Americans still refuse to drive electric vehicles, hybrids are having a bit of a moment.

Fortune

McDonald's posts better-than-expected first quarter sales. But higher gas prices threaten demand

“Clearly, when you have elevated gas prices... that is going to disproportionately impact low-income consumers," McDonald's Chairman and CEO Chris Kempczinski said.

Evening Standard

British Gas owner buys gas-fired power station for £370m for energy ‘security’

The household energy business said it has completed the acquisition of the Severn gas turbine power station.

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news in one place.

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The Conversation

Australian gas exporters will be forced to set aside local supply for domestic users

Producers of liquefied natural gas (LNG) on Australia’s east coast will have to set aside 20% of their gas exports to be sold to domestic users from July next year.

The Independent UK

Trump has a ‘nuclear option’ to bring down gas prices - will he use it and will it work?

The national average cost for a gallon of gas stood at $4.53 Wednesday - up from $2.98 two days before the conflict erupted February 28

We Got This Covered

‘Tax on every hardworking American’: Ohio man watches his fill-up cost jump from $40 to $75 and does not hold back on Donald Trump

The pain is very real at the pump.

The Independent UK

Trump-backed candidate Steve Hilton accused of lying to voters in fiery California governor debate

The punishing cost of living in California, particularly soaring gas prices, dominated the discussion, highlighting deep partisan divisions

The Guardian - US

Trump news at a glance: Marco Rubio, in White House press room, puts a spin on rising gas prices

Secretary of state says US is ‘very fortunate’ as Trump’s Iran war pushes gas price near $4.50 a gallon – key US politics stories from Tuesday, 5 May at a glance

The Independent UK

The 10 British towns and cities most affected by rising energy costs

The price of energy has risen since as a result of the war in Iran and the closure of the Strait of Hormuz

InsideEVs

Teslas And Hybrids Were Some Of The Fastest-Selling Used Cars In March

Want to buy a used EV or hybrid to battle high gas prices? You may need to act fast as fuel efficient cars fly off of dealer lots.

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