Gas prices dip below $4 a gallon, here's why it still could be bad news for Biden
Gas prices continue to decline from a record-high national average of over $5 per gallon last month, dipping just before $4 per gallon for the first time since March.
Hungarian inflation soars to record high as central bank raises interest rates
Hungarian inflation rose at the fastest rate in nearly twenty-five years as consumer food prices continue to soar amid hikes in interest rates.
LNG traders absorb huge losses after supply outages
Major energy traders are losing hundreds of millions of dollars as they scramble to plug a liquefied natural gas supply gap after serval outages prevented efforts to fill storage.
Can you shop at Costco without a membership? A breakdown of the retail giant's membership plans
Costco is a retail warehouse that allows customers to purchase items at discounted prices as long as they sign up for an annual membership.
Labor Secretary Marty Walsh: 'None' of the inflationary pressures caused by Biden admin
Labor Secretary Marty Walsh explained the moves the Biden administration has taken to try and lower costs for Americans as inflation sits at a four-decade high.
Gas prices drop amid wavering consumer demand, AAA says
Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.
Republican states are planning an all-out assault on woke banks: 'We won’t do business with you'
Republican states are preparing policies seeking to hit back at banks and financial institutions that have pledged to boycott fossil fuel investments as part of their green agenda.
Uber will let drivers see how much they make from rides before accepting them
Uber's CEO, Dara Khosrowshahi, announced a new feature that allows drivers to see how much they can make from a trip before accepting it.
Former oil exec warns recession comes alongside energy crises: 'Gas will exceed $5 again' soon
Former CEO of Cumberland Farms Gulf Oil Group Joe Petrowski forecasted on Monday that "retail gasoline prices will exceed $5" by the end of the summer.
What's driving the shift in Americans' habits behind the wheel?
GasBuddy head of petroleum analysis Patrick De Haan noted that there is a downtrend in gas prices and explained what could cause them to come back up.
Energy experts slam Biden for touting modest decrease in gas prices
Experts slammed President Biden after he touted a modest decrease in gas prices, a change of tune from when the president said there was little he could do about surging costs.
White House announces sale of additional 20 million barrels of oil from Strategic Petroleum Reserve
The Department of Energy is issuing a notice to sell 20 million additional barrels of oil from the Strategic Petroleum Reserve, as part of an effort to lower gas prices.
Energy group unveils six-figure ad buy ripping Biden for similarities to Carter: 'History is repeating itself'
Power The Future, a group that advocates for cheap energy, announced a six-figure ad buy Monday targeting President Biden over his similarities to former President Jimmy Carter.
Mulvaney on gas price dip: Why is the White House taking a victory lap on Americans 'getting poorer'?
Former White House Chief of Staff Mick Mulvaney calls out the Biden admin.'s video on gas prices and argues the drop in cost is due to Americans getting poorer.
Buttigieg highlights declining gas prices after suggesting their rise was good for transitioning to EVs
Department of Transportation Secretary Pete Buttigieg touted declining gas prices after suggesting that pain at the pump was good for transitioning to electric vehicles.
Biden admin official touts Iran nuclear deal as a way to bring US gas prices down
Biden administration officials have said a return to the Iran nuclear deal could help drive down gas prices as frustration at the pump continues.
Biden admin takes credit for gas price drop despite blame game: They can't 'have it both ways'
Senate Candidate Adam Laxalt, R-Nev., slams the Biden administration's inconsistent narrative on gas prices and inflation and argues Americans are still 'struggling.'
Food trucks battling higher gas costs
Summer food trucks are heading into their busy season, and owners are feeling the pinch of rising costs of supplies and ingredients while also grappling over fuel to keep the fryers going.
Falling gas prices could 'stall out' due to certain factors, GasBuddy analyst warns
Patrick De Haan, GasBuddy's head of petroleum analysis, explained what factors could prevent the price of gas from continuing to fall, warning that markets "are extremely tight.”
Gas prices fall even as demand surges: AAA
Gas prices dipped slightly over the past week, even as more Americans were on the road for the July 4th holiday, according to AAA.