Gas Prices

Mark Zandi says the Iran war has added about $115 billion in costs for U.S. households through higher gasoline, diesel and jet fuel prices.

Scott Dane of the American Loggers Council says loggers are "dying" as diesel prices surge and calls for halting diesel exports under emergency powers.

Record-high Labor Day gas prices hit $4.14 per gallon as crude oil stays near $90 a barrel amid Iran conflict and Strait of Hormuz concerns.

The AAA national average price for diesel fuel has reached a new record high of $5.85 as of Sept. 4, 2026, beating the prior record from June 2022.

Trump announces a major oil deal with Venezuela, saying the U.S. secured majority control of 65 billion barrels, and the agreement will lower gas prices.

West Texas Intermediate crude dropped over 6% Monday as Trump signaled a potential deal to reopen the Strait of Hormuz to global oil shipments.

Diesel prices surged from $3.56 to $5.13 per gallon since the Iran conflict began, threatening to raise the prices of groceries and everyday essentials.

The AAA national average price for regular fuel has risen past $4 again amid the United States war against the Islamic Republic of Iran.

The IRS raised its standard business mileage deduction to 76 cents per mile amid surging gas prices linked to the Iran war's disruption of oil flows.

Seven & i Holdings plans to close 200 unprofitable 7-Eleven stores while converting hundreds more to franchise locations and wholesale fuel sites.

A White House official highlighted the Philadelphia-area Freedom Fuel Network, which is cutting gas prices and experiencing strong demand.

The federal government issued a letter to states attorneys general urging them to target any unlawful activities contributing to high fuel prices.

President Donald Trump announced Freedom Fuel Network will lower gas prices at 25 Philadelphia area stations ahead of the Fourth of July holiday weekend.

The language of the Declaration of Independence underscores the greatness of American core values and our economy.

Scott Bessent warns gasoline retailers the Trump administration is watching pump prices and expects them to pass crude oil savings to consumers.

President Donald Trump alleged that customers are facing fuel price gouging and said that he had ordered the Justice Department to investigate.

Not a single dime of money will reach Iran unless the final deal verifiably with inspectors ends their nuclear program and their enriched uranium

It’s important to remember how badly America has crippled Iran’s military and its economy

Today’s inflation report is a reminder that this war will end soon and oil and gasoline prices will come down significantly

The Bureau of Labor Statistics released the consumer price index (CPI) inflation data for May which showed that inflation rose and remained persistently high last month.