A move by states to soothe the sting of soaring fuel prices by temporarily suspending diesel fuel taxes has some unlikely opponents: truckers, the very people it’s supposed to help.
Instacart Inc. is adding a fuel surcharge on grocery delivery orders, becoming the latest gig economy company to impose new fees on customers to ease drivers’ gas bills amid record-high prices.
BERLIN — The International Energy Agency says the world could quickly reduce global oil demand by 2.7 million barrels a day by cutting down on car and plane travel, helping easing the supply crunch caused by Russia’s invasion of Ukraine.March 18, 2022
WASHINGTON — President Joe Biden announced March 8 the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine. But he acknowledged it will bring costs to Americans, particularly at the gas pump.March 8, 2022
California, already paying record prices for motor fuel, is set to shell out even more with the Golden State more exposed to surging oil prices than the rest of the country in the wake of Russia’s invasion of Ukraine.
WASHINGTON — President Joe Biden’s administration is moving at home and abroad to try to address concerns about rising energy prices slowing the nation’s recovery from the pandemic-induced recession.
The U.S. average retail price of diesel fell 7.4 cents to $2.659 per gallon, the Department of Energy reported March 23 as oil prices went lower.
The U.S. average retail price of diesel fell 2.7 cents to $3.01 a gallon, the Department of Energy reported Jan. 27.
WASHINGTON — Higher energy prices lifted U.S. overall consumer prices in November.