The Latest Breaking News from Gas Prices

Rishi Sunak under fire for not doing more to help households tackle climbing costs

President Joe Biden’s call for a three-month suspension of the 18-cent federal gas tax in response to soaring gas prices has, thankfully, landed with a bipartisan thud in Congress. The idea, an old fallback for politicians when pump prices rise, is virtually always a bad one, providing meager relief to…

German gas prices could triple as Russia cuts supply; Ukrainian forces prepare Severodonetsk retreat; thousands of Black Sea dolphins killed

The Honduran government passed a month-long freeze on increases in gasoline and diesel prices on Friday, the country's energy minister announced, making the Central American nation the latest to intervene as inflation causes gas prices to skyrocket worldwide.

We need synthetic fertilisers to produce enough food for the world’s population – there are no other alternatives yet

An Offer America Wants To Refuse This week, President Biden asked Americans, essentially, if they'd rather have lower gas prices or let Putin win. 

Overall used car prices are starting to decrease.

Fears consumers may have to pay up to three times as much after Nord Stream 1 pipeline flow cut by 40%

A meeting on Thursday of oil company executives and Energy Secretary Jennifer M. Granholm concerning high consumer gas prices and refining capacity was “constructive,” even as it failed to produce a policy to address prices at the pump, industry leaders said.