President Biden says he wants the biggest refiners to do more to increase gasoline supply and lower prices. He says he's ready to use emergency powers to boost capacity — but he didn't give details.
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.
Consumers are paying more around the country. No state's average is below $4.28, according to AAA. But in California, drivers are paying $2 more than that amount.
Consumers are paying more around the country. No state's average is below $4.28, according to AAA. But in California, drivers are paying $2 more than that amount.
Monday on Political Rewind: Congress negotiates gun safety laws in the wake of mass shootings. Meanwhile, the U.S. Supreme Court considers a major Second Amendment case and a PAC supporting Herschel Walker fuels controversy over a gas giveaway.
Gov. Brian Kemp is suspending Georgia's motor fuel tax for six more weeks. The Republican Kemp signed an executive order Thursday extending the tax break through July 14.
Sacramento police had to cut Saturday's event short because of the "overwhelming response." Meanwhile, a buyback event in Brooklyn gave iPads to people who dropped off certain types of firearms.
Gas prices surged to a national record, not adjusted for inflation, surpassing the previous milestone hit around two months ago. It comes just ahead of the key summer driving season.
The International Energy Agency plans to release 120 million of barrels of oil from their emergency reserves, including 60 million from a previously announced U.S. drawdown.
The proposal also includes transit cards that will help Illinois residents paying an average of $4.46 per gallon at the pump, compared to a national average of $4.23.
