US Will Face High Gas Prices ‘as Long as It Takes,’ Biden Says
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.
Oil Industry Says Granholm Meeting Sends ‘Positive Signal’
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.
Wyoming Governor’s New Group to Target Fuel Prices
Wyoming Gov. Mark Gordon has launched an initiative to address rising fuel prices that local leaders say are affecting state residents.
White House Weighs Fuel Export Limits as Pump Prices Surge
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.
Diesel Hits New Record at $5.718 a Gallon
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.
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June 6, 2022More Memorial Day Travel Expected, Despite High Gas Prices
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, 2022Senate Committee Advances Fuel Markets Bill
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.
Spiking Gas and Food Costs Weigh on Biden Biofuel Plans
Surging gasoline and food costs are weighing on the Biden administration as it prepares to set mandates for the use of renewable fuels.
Drivers Begin to Balk at Record Gas Prices
U.S. gasoline demand — which earlier was expected to hold strong this summer despite soaring prices — is starting to show signs of cracks.