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The Latest Breaking News from Gas Prices

Kevin Hassett Says Gas Prices Will Drop Once Strait Of Hormuz Traffic Returns To Normal—Democrat Senator Calls Recent Price Hike 'Unacceptable'

President Donald Trump‘s top economic advisor, Kevin Hassett, said on Monday that gas prices in the U.S. will come down to pre-Iran war levels once the traffic through the Strait of Hormuz moves normally.

Benzinga · Jun 30

Trump official claims Americans should drive to red states for cheaper gas

A Trump official told drivers to fill up their gas tanks in "red states," claiming that gas prices there are 53 cents cheaper per gallon than in "blue states."

The Independent UK · Jun 29

Americans prepare Fourth of July weekend plans as gas prices finally drop

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The Independent UK · Jun 29

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Gas prices plummet ahead of busy July 4 holiday weekend

‘The recent U.S.-Iran framework agreement has helped ease supply fears and pull prices lower,’ one expert said

The Independent UK · Jun 29

McDonald's Corp Stock May Have Hit Bottom - Ways to Play MCD Stock

McDonald's Corp. stock has tumbled based on fears about how gas prices have affected sales. But it may have been overdone, especially now that gas prices are falling. This article looks at ways to play MCD.

Barchart · Jun 29

Costco’s Secret Growth Engine May Be Running Out of Gas

Costco's gas-driven comp growth topped 12% in May, but with gas prices down more than 20% from their high, COST is losing a key tailwind ahead of Q4 results.

MarketBeat · Jun 28

Current price of oil as of June 26, 2026

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

Fortune · Jun 26

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Trump turns on Big Oil donors who spent nearly $100 million to get him elected—now he wants the DOJ to investigate them for price gouging

Crude prices are back to prewar levels. Gas prices aren’t. Now Trump is pointing fingers at his own biggest donors.

Fortune · Jun 25

Key inflation gauge jumps to 3-year high in latest sign of affordability challenges

The Federal Reserve’s preferred inflation gauge rose to a new three-year high in May as gas prices peaked, a sign rising costs could pose political problems for President Trump as midterm elections near

The Independent UK · Jun 25

Chevron CFO Says 'It's Going To Take Time' For Gas Prices To Go Down Despite Oil Plunging

Chevron CFO Eimear Bonner said "it's going to take time" for gas prices to go down despite the plunge of oil, following criticism of President Donald Trump.

International Business Times · Jun 25

Trump is frustrated gasoline prices don't mirror oil's decline. Experts say it’s not that simple

U.S. gasoline prices decreased an average of 49 cents a gallon in the last month as expectations rose for an end to the war with Iran

The Independent UK · Jun 24

Trump says he’s ordered investigation into oil companies over alleged price gouging

Trump says he instructed justice department to investigate oil firms over high gas prices amid Middle East conflict

The Guardian - US · Jun 24

Trump’s gas price promise hits a roadblock as he turns on oil companies

IN FULL

The Independent UK · Jun 24

So it’s not under $2? Trump loses it in late-night post about high gas prices he promised would drop

Trump previously assured Americans that they would ‘soon’ see $2 gas prices, which would ‘drop like a rock’ as soon as the war in Iran is over

The Independent UK · Jun 24

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The Independent UK · Jun 24

Only a quarter of Americans believe Trump’s war with Iran was worth the cost, new poll finds

The war cost the Pentagon around $40 billion and sent gas prices soaring

Clever Dude · Jun 23

NCDOT Data Suggest Combined State and Federal Gas Taxes Cost the Average NC Driver About $331 per Year—Among the Top 5 Tax Burdens in the US

Gas prices rarely tell the full story when drivers swipe their card at the pump. Behind every gallon sits a quiet layer of taxation that adds up faster than most people realize. In North Carolina, recent federal transportation data highlights a surprising reality that places the state among the highest…

Tom’s Hardware · Jun 23

California drivers accuse gas station operators of using AI to boost pump prices — lawsuit seeks damages for antitrust violations

Californians pay the highest gas prices in the U.S. and a proposed class action says that the issue has been exacerbated by an AI-tool that smartly squeezes customers for the best profits.

The Independent UK · Jun 22

Iran war could affect UK energy supply over winter months as warning issued over ‘tight days’

Gas prices for winter are more volatile than in recent years following the conflict in the Middle East and the effective closure of the Strait of Hormuz

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AAP · Jun 20

America In Focus: US gas prices dip below $4 and more evidence Americans keep spending

U.S. gas prices fell below $4 a gallon on average this past week, but just barely

The Independent UK · Jun 18

Democrats won’t let dropping gas prices stop them from hammering Trump on affordability

ANALYSIS: President’s opponents are hoping voters remember who caused prices to go up in the first place, Eric Garcia writes

AAP · Jun 18

US gas prices dip below $4 for 1st time since March but remain 25% higher than last year

U.S. gas prices have fallen to just below $4 a gallon on average, bringing some relief to drivers who have seen soaring costs amid Washington's war with Iran

The Independent UK · Jun 18

Trump’s economic approval rating keeps falling - and is now three points worse than Biden’s all-time low

Many Americans described gas prices as a ‘major strain’ and said they’re skipping summer vacations

The Guardian - US · Jun 18

Gas prices fall below $4 on average after Trump’s signing of Iran deal to end war

Drivers feel some relief but prices still a dollar more per gallon overall since before US-Israel attack on Iran

AAP · Jun 18

US gas prices below $4 for 1st time since March, but remain 25% higher than last year

U.S. gas prices have fallen to just below $4 a gallon on average, bringing some relief to drivers who have seen soaring costs amid Washington's war with Iran

The Independent UK · Jun 18

Why gas prices are going down as fuel drops below $4 a gallon for first time in months

IN FULL

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