U.S. gas prices dropped below $5 on June 17, alleviating pain at the pump for drivers across the nation after the average price per gallon hit an all-time high in the first half of this month. “LIVE: WE DIVE UNDER FIVE! The national average has fallen back under $5 per gallon and stands at $4.99 per gallon. For the first…
US Average Gas Prices Drop Below $5 Per Gallon
June 18, 2022
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Capitol Report (June 17): Bi-partisan Gun Bill Meets Resistance; Fundamental Causes of Economic Downturn
June 17, 2022
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As gas prices continue to soar, President Joe Biden turns his focus to climate change. What is he telling world leaders, and why do Republicans say his plan won’t deliver? Congressman Buddy Carter sits on the Energy and Commerce Committee, and he’ll join us to weigh in on the ongoing energy crisis. How’s Congress coming…
Capitol Report (June 17): Bipartisan Gun Bill Meets Resistance; Fundamental Causes of Economic Downturn
June 17, 2022
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2026 FIFA World CupCapitol Reportclimate changeCOVID-19 vaccineenergy crisisEpochTVfather's dayFDAFIFAFloridagas pricesgun lawsinfantsLarry NassarMichigan Supreme CourtUSUS News
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As gas prices continue to soar, President Joe Biden turns his focus to climate change. What is he telling world leaders, and why do Republicans say his plan won’t deliver? Congressman Buddy Carter sits on the Energy and Commerce Committee, and he’ll join us to weigh in on the ongoing energy crisis. How’s Congress coming…
Exxon Mobil Fires Back at Biden After Letter Warning Use of Emergency Powers
June 16, 2022
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Exxon Mobil fired back at President Joe Biden’s letter calling on U.S. energy producers to bring “near-term solutions” to address rising gas prices and decades-high inflation. “In the short term, the U.S. government could enact measures often used in emergencies following hurricanes or other supply disruptions—such as waivers of Jones Act provisions and some fuel…
ExxonMobil Fires Back at Biden After Letter Warning Use of Emergency Powers
June 16, 2022
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Business & MarketscommoditiesCompanieseconomic policiesExecutive BranchExxon Mobilgas pricesinflationMarketsPoliticsUSUS News
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The Exxon Mobil Corportation fired back at President Joe Biden’s letter calling on U.S. energy producers to bring “near-term solutions” to address rising gas prices and decades-high inflation. “In the short term, the U.S. government could enact measures often used in emergencies following hurricanes or other supply disruptions—such as waivers of Jones Act provisions and…
Drivers Shrug Off Soaring Fuel Prices, for Now
LONDON—Drivers around the world are tolerating record-high prices for road fuels, as mobility wins out for now over other spending in squeezed household budgets, data showed. The high prices have not yet breached the pain threshold for drivers in major demand centers. But that might change once U.S. drivers have to pay more than $6…
Florida Men Steal Nearly 1,100 Gallons of Diesel: Police
Police in Florida are searching for two men caught on camera stealing nearly 1,100 gallons of diesel fuel from a gas station earlier this month. “We are looking for two suspects regarding the theft of approximately 1,093 gallons of gas!” the St. Cloud Police Department announced on social media. The theft occurred on June 1….
Major Recession Only Realistic Way for Gasoline Price to Drop: Experts
The only thing that could curb the current record-high gasoline prices would be a major drop in demand, i.e. a recession, according to several experts. Theoretically, a major shift in U.S. foreign and energy policy could make a difference too, but nobody seems to realistically expect that to happen. Gas prices have particularly pained Americans,…
Higher Gas Prices Ahead
Commentary If you think gas prices are high now, just wait. They’re going to get much higher, thanks to President Joe Biden’s “irreversible” plan to eliminate fossil fuels. Truth is, your pain at the pump is being planned and executed by the White House. Over the weekend, buyers paid $5 a gallon to fill the…
There’s No ‘Silver Bullet’ to Lower Gas Prices
Commentary As the national average price of gasoline tops $5 per gallon, there are few reasons for optimism that gas prices will decline any time soon. President Joe Biden, despite his recent remarks, has no good solution at his disposal to temper the rise of gasoline prices. Every tool available has severe drawbacks, and the…
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