Pump prices having been falling all summer, and as Labor Day approaches, they're 47 cents lower than this time last year. Some analysts see $3 gasoline in our future.
State gasoline and diesel taxes make their return in Georgia on Wednesday. The state will resume collecting a tax on gasoline of 29.1 cents per gallon and tax on diesel of 32.6 cents per gallon from wholesalers.
Thursday on Political Rewind: Federal investigators have subpoenaed two state Republicans for submitting a false slate of electors. Plus, will freezing the federal gas tax ease pain at the pump? Meanwhile, Cherokee County voters reject four "anti-CRT" right-wing candidates for their school board.
Biden wants Congress to give people a break on the federal gas tax for the summer. But economists say that won't translate into big savings at the pump — and could hurt efforts to curb inflation.
Gasoline has become more expensive given that oil prices have surged as the world recovers from the pandemic. Russia's invasion of Ukraine has also made things worse. Here are four things to know.