Gasoline prices in the United States fell below $4.90 on Monday as fears of an upcoming recession mount. The national average for a gallon of gasoline is $4.897 as of June 27, according to AAA, up from $3.095 this time a year ago but down from the historic highs of over $5 a gallon seen earlier this month….
Californians Share Pain at the Pump
June 21, 2022
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California currently has the highest gas prices in the nation, with some counties hitting $7 per gallon. San Diego resident Jose Gonzalez said the cost of gas is so high now, that his boss is paying for it. “I feel bad because that’s my work truck,” Gonzalez told The Epoch Times. “I know it’s obviously…
‘It Was a Mistake’: California Gas Station Manager Fired Over Blunder That Led to 69-cent Gasoline Sales
A manager at a gas station in California has reportedly been fired from his job after accidentally listing gas at 69 cents per gallon, giving drivers a speedy discount. John Szczecina ran the Shell gas station in Rancho Cordova and made the costly mistake on June 9. The former manager says he accidentally put a decimal in the wrong…
Gasoline Prices Push Higher to New Record, Expert Predicts ‘Rise to Continue’
Gasoline prices across the United States continued to surge this week, reaching a new record-high of $5.016 a gallon on Tuesday, according to AAA, as experts warn that prices could rise further. The national average is up from Monday’s price of $5.014 per gallon, which shattered previous records, and up from $3.080 this time last year as Americans continue…
Capitol Report (June 6): WH Lifts Solar Tariffs on Some Asian Countries; Bipartisan Gun Talks
June 6, 2022
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The White House admitted that the deployment of U.S. solar modules is “in jeopardy” because they do not have enough supply. So to import more from Southeast Asia, the Biden administration is waiving tariffs for at least two years—regardless of whether or not they are made with forced labor. The cost of goods and gasoline…
Diesel Fuel Could Hit $10 a Gallon
Commentary The continued price shocks and meteoric rise of diesel fuel are causing extreme chaos. Meanwhile, worsening inflation—made worse by the surging price of diesel fuel—continues across a wide array of consumables. Adding more concern, summer is just around the corner, and the United States is entering peak driving time as millions of Americans take…
Tax Accounts for Nearly 40 Percent of Gas Prices Canadians Pay: Taxpayer Rights Group
With soaring energy prices weighing down on Canadian motorists, the governments’ hidden gas taxes are making their struggles even harder, a taxpayers rights group says. The Canadian Taxpayer Federation (CFT) said in its recently released 2022 Gas Tax Honesty Report that taxes cost 55.1 cents per litre of gasoline across the country, making up to 38 percent…
‘Still Going’: Some RVers Say High Gasoline Prices Could Keep Them Closer to Home
With gasoline prices hitting all−time highs, Jeff Redmond says he’s planning to stay closer to home when RV camping this summer. The owner and general manager of Bucars RV Centre in Balzac, Alta., says recreational vehicles are still one of the most affordable ways to travel as a couple or with a family once hotels,…
House Passes Fuel Price-Gouging Measure
May 19, 2022
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The House of Representatives passed the Consumer Fuel Price Gouging Prevention Act by a vote of 217–207 on May 19, moving the country closer to greater government involvement in energy markets as gasoline prices soar to new heights. The legislation, H.R. 7688, would allow President Joe Biden to declare an “energy emergency.” Such an emergency…
House Passes Fuel Price-Gouging Bill
May 19, 2022
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Business & EconomycommoditiescongressDemocratseconomic policieseconomyEnvironmentExecutive BranchgasolinehouseinflationMarketsPolicies & ImpactsPoliticsprice-gougingRepublicansScienceUSUS FeaturesUS News
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The House of Representatives passed the Consumer Fuel Price Gouging Prevention Act, by a vote of 217-207 on May 19, taking the country closer to greater government involvement in energy markets as gasoline prices soar to new heights. The bill, H.R. 7688, would let President Joe Biden declare an “energy emergency.” Such an emergency would…
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