The Latest Breaking News from Gas Prices

Use of domestic gas instead of imported fuel will bring down the cost of raw material and ease CNG and PNG rates, officials said.

Retail gas prices have fallen almost everywhere, with the Midwest and South seeing some of the steepest drops.

Gas prices drop sharply after a hitting a national average of $5 a gallon in mid-June

Falling gasoline prices put a dent in the July inflation rate, which fell to 8.5% from 9.1% in June. But other costs such as housing continue to climb, putting a strain on many family budgets.

Despite the recent retreat in oil and gas prices from their peaks, analysts expect energy prices to rise, driven by substantial demand and restricted supply. A surge in demand due to the reopening of China’s economy could boost oil and gas prices significantly. Given the industry tailwinds, we think it…

Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months

Southern California drivers are getting more relief at the gas pump, with the average cost of a gallon of regular gas in Los Angeles County slipping below $5.50.

As gas prices rise Somalis are turning to the affordable energy source, driving unsustainable logging – as al-Shabaab condemns but profits from the trade

The average price of gasoline nationwide is expected to drop below $4 a gallon in the coming days as prices continue to fall from the record highs hit in June.