The Latest Breaking News from Gas Prices

Republican rep brushes off rising gas prices because that’s ‘the world we live in’

IN FULL

The Independent UK · May 15

Current price of oil as of May 15, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Fortune · May 15

Alabama man goes through Walmart self-checkout. Then he uses a scanning trick to dramatically alter the price

If there was ever a need for “hacks” to save on groceries, the time may be right now. As grocery and gas prices continue to rise, along with inflation, Americans are definitely feeling it. According to a report by The Economist, the United States is facing a “grocery-price shock,” partly…

The Mary Sue · May 15

American consumer spending slowed in April as soaring gas prices hits households

March had marked the largest monthly surge in retail spending in over three years, largely driven by a rapid spike in gas prices

The Independent UK · May 14

Europe’s household energy prices surge after Iran war: Which capitals were hit hardest?

Household gas prices rose across EU capitals between early February and early April, reflecting the impact of Middle East tensions. However, electricity prices fell on average, highlighting diverging trends in Europe’s energy markets.

Euronews · May 14

US Senate confirms Kevin Warsh as Federal Reserve chair, following Jerome Powell

Kevin Warsh is now the new head of the Federal Reserve. He takes charge at a difficult economic time. Inflation is high and gas prices are rising. The Fed faces internal disagreements. President Trump has pressured the Fed for lower interest rates. Warsh promises independence. He faces challenges in managing…

The Economic Times · May 13

Why Pennsylvania’s low-income residents are feeling the squeeze as gas prices rise

When gas prices rise, not everyone feels the pain equally. For low-income and rural Pennsylvanians, a trip to the gas station can mean choosing between a full tank and groceries. Many factors, such as crude oil costs, distribution and marketing, and to some extent Pennsylvania gas taxes all add up…

The Conversation · May 13

Congress has an approval problem. Does it matter?

The last time Americans overwhelmingly approved of Congress, the U.S. had recently gone to war and was still reeling from the Sept. 11 terrorist attacks. Gas prices were $1.31 a gallon and “Fallin’” by Alicia Keys was the top song on the Billboard Hot 100 chart.  The year was 2001,…

Roll Call · May 13

Why are oil prices down and gas rates steady today, and will Brent crude, US WTI futures, Dutch and British natural gas prices rise or decline in near future? Oil dips as markets watch Iran ceasefire, Trump-Xi China summit and Strait of Hormuz risks

Why are oil prices down and gas rates steady today, and will Brent crude, US WTI futures, Dutch and British natural gas prices rise or decline in near future? Oil slipped after a three-day rise while gas stayed stable as markets tracked Iran ceasefire risks and the Trump-Xi China summit.…

The Economic Times · May 13

Trump promise of gas tax relief hits roadblock in Congress: ‘End this damn war’

Democrats on the campaign trail side with Trump, but many Democrats and Republicans on the Hill are not as sure, Eric Garcia writes

The Independent UK · May 12