Category: gas prices

Gas Prices Rise for 6th Consecutive Day as Expert Predicts ‘Notable Jump’ Ahead

Average national gas prices have risen for the sixth consecutive day, as one energy expert predicts a “notable jump” in the coming weeks. The price for a gallon of gasoline in the United States started to rise again in the past week, after a 99 day decline during the peak summer driving season. The average…


Drill for a Greener Planet

Commentary One of the worst movies ever made–apart from the bottomless pit of direct-to-video fare—has got to be 2003’s “The Core,” starring Hilary Swank and the insufferable Stanley Tucci. Swiping the Booby Prize long held by 1977’s “Exorcist II: The Heretic,” this “save the planet from itself” journey to the soft Tootsie Roll center of…


Southern California Gas Prices Rise Sharply Again

LOS ANGELES—The average price of a gallon of self-serve regular gasoline in Los Angeles County rose 11 cents on Sept. 25 to $5.80, its 23rd consecutive increase. The average price has increased 55 cents over the past 23 days, including 7 cents Saturday, according to figures from the AAA and Oil Price Information Service. That’s…


Gasoline Prices Jump as Supply Uncertainties Mount

The three-month streak of falling gas prices may be coming to an end after 14 consecutive weeks, as uncertainties regarding crude oil supplies begin to mount. After declining for 99 days, the national gas average rose slightly, to $3.68 a gallon, on Sept. 21, according to AAA, a sign that fuel costs may begin to rise again….


No One Is Winning, Especially Not Americans

Commentary Because everything nowadays is, it seems, little more than a game of partisan football, whatever one side does, the other reflexively denounces it before giving it a second thought. Common sense is cast aside in the almost all-out war of narratives, a fact proven repeatedly during the pandemic. Now as that debacle finally fades…


August Inflation Should Scare Democrats

Commentary August headline inflation printed at double the market expectation (+0.1 percent predicted vs. -0.1 actual), or 8.3 percent for the 12 months through August, unadjusted. On Sept. 13, the Dow Jones Industrial Average closed down more than 1,270 points, or nearly 4 percent. The benchmark S&P 500 Index fell more than 4 percent and…


European Gas Prices to Drop by Half This Winter: Goldman Sachs

Investment firm Goldman Sachs expects gas prices to fall sharply in Europe this winter, citing efforts by European Union countries to fend off shortages amid Russian cuts to gas. In a new note to clients, Goldman Sachs analysts said European gas prices could drop by half within the next six months, owing to EU efforts to…


These Are the Cities Where Inflation Is Rising the Most

As Americans deal with decades-high inflation, some regions of the country have been hit harder than others, such as the Arizona cities of Phoenix, Mesa, and Scottsdale; the Florida cities of Tampa, St. Petersburg, and Clearwater; and the Texas cities of Dallas, Fort Worth, and Arlington, according to official numbers released by the U.S. Bureau…


Capitol Report (Sept. 12): Financial Institutions Tracking Gun Purchases; Possible Railroad Strike Friday

The Biden administration warns that gas prices could spike again this winter. What’s the reason behind this and your rising utility bills? With the fall midterms less than two months away and most states’ primaries settled, what is the outlook of the balance of power in Congress? Political strategist Dick Morris gives his take. On…


Californians to Pay Almost $1 More for Gas per Gallon This Labor Day Weekend

Californians will pay nearly a dollar more for a gallon of regular gasoline this Labor Day weekend than they did last year, and $2 more than in 2020, according to the Automobile Club of Southern California. Although the cost of gas in the Golden State has slowly backed off its record price of $6.43 per…