fuel prices

Government, Business

Record Drivers for July 4th Weekend to Boost Gasoline Demand

heavy traffic on a California highway Vehicles on Highway 101 in San Francisco, Calif. (David Paul Morris/Bloomberg News)

Gasoline demand in the U.S. is set to get a bump this July 4th weekend as a record number of drivers are expected to hit the road with some relief at the pump.

Chunzi Xu | Bloomberg News
June 30, 2022
Government, Business, Fuel

US Will Face High Gas Prices ‘as Long as It Takes,’ Biden Says

President Joe Biden in Madrid President Joe Biden speaks at a press conference at the conclusion of the NATO summit in Madrid. (Valeria Mongelli/Bloomberg News)

President Joe Biden said Americans will have to stomach high gas prices “as long as it takes” to beat back Russian President Vladimir Putin’s invasion of Ukraine.

June 30, 2022
Government, Business, Fuel

Oil Industry Says Granholm Meeting Sends ‘Positive Signal’

Energy Secretary Jennifer Granholm Energy Secretary Jennifer Granholm met with executives from Exxon Mobil, Chevron, Marathon and Phillips 66. (Susan Walsh/Associated Press)

WASHINGTON — A meeting with Energy Secretary Jennifer Granholm to discuss lowering gas prices and boosting domestic oil supplies was constructive, but did not produce a major breakthrough, groups representing the oil industry and refiners said June 23.

Matthew Daly | Associated Press
June 23, 2022
Government, Fuel

Wyoming Governor’s New Group to Target Fuel Prices

Image of truck driver frustrated by high fuel prices Diesel fuel in Wyoming averaged $5.684 per gallon June 21 — 68% higher than $3.389 a year ago, according to AAA. (shotbydave/Getty Images)

Wyoming Gov. Mark Gordon has launched an initiative to address rising fuel prices that local leaders say are affecting state residents.

Noël Fletcher | Staff Reporter
June 22, 2022
Government, Fuel

White House Weighs Fuel Export Limits as Pump Prices Surge

A fuel nozzle in a vehicle at a gas station in Sacramento, Calif. A fuel nozzle in a vehicle at a gas station in Sacramento, Calif. (David Paul Morris/Bloomberg News)

Top Biden administration officials are weighing limits on exports of fuel as the White House struggles to contain gasoline prices that have topped $5 per gallon.

June 16, 2022
Government, Business, Fuel

Diesel Hits New Record at $5.718 a Gallon

Fuel prices are shown at a gas station June 8, 2022, in Salt Lake City. Fuel prices are shown at a gas station June 8, 2022, in Salt Lake City. (Rick Bowmer/Associated Press)

The national average price for a gallon of diesel reached a record high this week at $5.718 a gallon, according to data released by the Energy Information Administration June 13.

Dan Ronan | Associate News Editor
June 13, 2022
Business, Technology, Fuel

Protect Your Fleet’s Fuel Using Smart Tech

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June 6, 2022
Business, Fuel

More Memorial Day Travel Expected, Despite High Gas Prices

High gas prices are shown in Los Angeles High gas prices are shown at a station in Los Angeles on May 24. (Jae C. Hong/Associated Press)

To drive, or not to drive? This Memorial Day weekend, with surging gas prices that are redefining pain at the pump, that is the question for many Americans as a new COVID-19 surge also spreads across the country.

May 26, 2022
Government, Business, Fuel

Senate Committee Advances Fuel Markets Bill

gas pump Fuel prices at a gas station in New York May 17. (Stephanie Keith/Bloomberg News)

Legislation designed to enhance market transparency and direct the Federal Trade Commission to prevent fraud or manipulation linked to inflating gasoline prices was approved by a Senate panel.

Eugene Mulero | Senior Reporter
May 26, 2022
Government, Business, Fuel

Spiking Gas and Food Costs Weigh on Biden Biofuel Plans

A drop of E85 hangs at the end of a pump A drop of E85 hangs at the end of a pump. E85 is a mixture of 85% ethanol and gasoline. (Daniel Acker/Bloomberg News)

Surging gasoline and food costs are weighing on the Biden administration as it prepares to set mandates for the use of renewable fuels.

May 26, 2022