gasoline News Updates

Companies that produce and sell fresh food, school supplies and anything that gets shipped using fuel reported cost impacts from an earlier spike in energy prices after the U.S. and Israel attacked Iran.

Average pump prices stood at $3.98 a gallon as of July 16, according to data from the American Automobile Association — up nearly 20 cents in just 10 days. 

Driving the speed limit can save U.S. drivers millions of dollars at the gas pump and eliminate millions of gallons of fuel each day, according to a study.

President Donald Trump said he has ordered the Department of Justice to look into gasoline prices, complaining that they aren’t falling fast enough.

A group of California consumers claimed in a lawsuit that gas station owners including Walmart and BP are using AI to illegally manipulate pump prices in the state.

A separate report that combines inflation figures with wage data showed that real average hourly earnings fell 0.7%, the biggest drop in three-plus years.

With oil refiners skewing their output toward diesel and jet fuel, they inevitably produce less of other petroleum products, including gasoline.

A global supply crunch has U.S. refineries producing jet fuel at a record pace while skewing output away from gas, setting up a potential production clash.

Speaker Mike Johnson called suspending the federal gas tax “an intriguing idea” but didn’t commit to a timeline as momentum builds to take action.

DoorDash said demand for deliveries remained strong in the January-March period despite higher gas prices, with total orders rising 27% to 933 million.