Pennsylvania Senate President pro tempore Jake Corman on March 21 introduced a bill that would slash the state’s gas tax—the nation’s highest at 59 cents per gallon—by one-third, making Pennsylvania the 21st state with proposed legislation or pending executive actions attempting to offer consumers relief at the pump. Senate Bill 10, “The Consumer Gas Prices…
Three States Suspend Gas Taxes, 20 Others Now Pondering Similar Proposals
March 25, 2022
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Rarely Has a Midterm Election Offered Such a Stark Choice on Issues
March 23, 2022
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Commentary The first midterm election after a presidential election is most often a referendum on the new president and his party along with a natural pendulum swing toward the other side. Rarely do individual issues dominate such races. The 2022 midterms, however, could well be different. The 2020 presidential election was, in significant part, the culmination of…
Los Angeles Sees Gas Prices Reach Over $6 per Gallon on Average
March 22, 2022
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Gas prices in Los Angeles hit a new record, becoming the first major U.S. city to reach an average of $6 per regular gallon of gasoline, according to gas price tracker GasBuddy. “Good morning … but it’s not if you’re in LA,” wrote GasBuddy analyst Patrick de Haan on Twitter Tuesday. “Los Angeles has become…
Capitol Report (March 21): SCOTUS Nominee Hearings Begin
March 21, 2022
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Four days of confirmation hearings for President Joe Biden’s Supreme Court nominee kick off Monday. What is Ketanji Brown Jackson facing? And what are her prospects? And former secretary of housing and urban development Ben Carson reacts to the hearing. Biden is preparing for his first trip to Europe since the Russia-Ukraine war broke out,…
Consumers Switching to Electric Bikes as Gas Turns Expensive
The demand for electric bikes is increasing as people desperately seek cheaper alternatives for travel amid rising gas prices. The price of regular gas was $4.26 on March 19, up over 20 percent from a month ago, and more than 47 percent from a year back, according to data from American Automobile Association. Electric bikes…
News Clip: Farmers Deal W/ Rising Costs, Gas Prices
Some farmers are trying to balance higher fuel prices with higher wheat prices. Skyrocketing Gas Prices Are Hitting Everyone Where It Hurts — The Bigger Your Tank, The Harder The Hit. For Farmers Who Have Equipment With Thousand Gallon Tanks, One Fill-Up Is Astronomical. Since Fuel Isn’t The Only Thing Seeing A Price Hike —…
Capitol Report (March 17): U.S. Olympian and Father Targeted by CCP
March 17, 2022
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Gas prices aren’t falling fast enough to evade pressure from the Biden administration and lawmakers on Capitol Hill. We look at their plan of action to deal with these elevated prices at the pump. The House passed a bill on Thursday to end normal trade relations with Russia and Belarus. The pandemic is showing signs…
Who’s to Blame for Gas Prices?
March 16, 2022
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Business & Economycommoditieseconomic policieseconomyEuropegas pricesInternationalMarketsOil pricePolicies & ImpactsPoliticspresident joe bidenRussia-Ukraine WarUSUS NewsVladimir PutinWorld
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News Analysis The drain Americans feel from increased gasoline prices owes to policy decisions by President Joe Biden, the Russian invasion of Ukraine, and several other factors, according to several experts. Gasoline now costs about $4.30 a gallon on average, according to GasBuddy. That’s the most expensive since the United States built up its refining…
Who’s to Blame for Higher Gas Prices?
March 16, 2022
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Business & Economycommoditieseconomic policieseconomyEuropegas pricesInternationalMarketsOil pricePolicies & ImpactsPoliticspresident joe bidenRussia-Ukraine WarUSUS NewsVladimir PutinWorld
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News Analysis The drain Americans feel from increased gasoline prices owes to policy decisions by President Joe Biden, the Russian invasion of Ukraine, and several other factors, according to several experts. Gasoline now costs about $4.30 a gallon on average, according to GasBuddy. That’s the most expensive since the United States built up its refining…
Fed Raises Rates, 1st Time Since 2018; Oil Prices Dropping, Why Aren’t Gas Prices? | NTD Business
The Fed will fight inflation, raising rates for the first time since 2018. But what are the risks? The price of oil has dropped $30 from its highest point a week ago, but gas prices are not easing much. Why is that? Is China trying to distance itself from Russia? Beijing recently said it has…
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