gas prices

Fed's preferred inflation gauge rose 2.6% in May in signal that prices could be easing

Economists had expected the report to show a modest easing of inflation to 2.6% in May, following a 2.7% reading in April.

Biden's energy idiocy lost US $150B of oil and gas — bringing pain at the pump

The summer's heavy driving months are here, so President Biden is once again blaming high gas prices on anyone but himself.

Stuck with a record of failure, Biden has resorted to outright vote-buying

Unable to run on his stunning record of failure, President Biden has resorted to the lowest of campaign tricks: buying votes — and he’s doing it with your dollars.

Biden to sell off 1M barrels of gasoline held in reserve to keep prices low before election

The fuel will be released from the Northeast Gasoline Supply Reserve, established in 2014 after Superstorm Sandy disrupted gasoline supplies in the New York City area.

Gas prices to come down to 'pre-Bidenomics' levels at pumps across the country: Here's why

On Monday, Americans for Prosperity (AFP) will host the first of a series of events that will roll back gas prices from coast to coast "to get a pre-Bidenomics break at the...

Blue state deploying secret weapon to raise gas prices by as much as 50 cents a gallon

In September, this blue state reported gas prices will rise next year by about 50 cents a gallon and every year thereafter to aid in clean air efforts.

Soaring gas prices hit $7.29 a gallon in California town: 'Above the federal hourly minimum wage'

An X user took to the social platform on Sunday to post a photo of a gas station in Menlo Park, Calif., where one gallon of regular goes for $7.29...

WH's John Kirby flips reality on Iran, AG Merrick Garland goes blind to Biden's 'impairment' and more

White House National Security spokesman John Kirby claimed that Iran listened to President Biden's warning to "not escalate" after Israel killed Gen. Mohammad Reza Zahedi — despite the attack it...

Wholesale inflation rose 2.1% in March -- sharpest increase in 11 months

The March reading of the PPI had the markets breathing a sigh of relief on Thursday morning before the bell.

Van-lifers reveal the most difficult challenges of roving lifestyle: 'Everything is 10 times harder'

"I spent only a few months living vanlife and had a nervous breakdown," one person penned.

Joe’s perverse energy ask, the EPA’s electric-car fantasy and other commentary

The EPA itself admits its new CO2 standards will require electric vehicles to be more than half of new vehicle sales by 2032, note Jonathan A. Lesser & Mark P....

Owner of Circle K stores reports steep profit drop, blames 'headwinds, especially in US'

The firm blamed the declines on weak customer traffic and "near-term headwinds, especially in the United States," Chief Executive Officer Brian Hannasch said in a statement issued Wednesday.

Retail sales fell more than expected in January: 'Spending splurge is nearing its end'

Retail sales fell 0.8% in January from the strong pace in December when they rose a revised 0.4%, according to the Commerce Department’s report.

It's the groceries, stupid: Why the pundits are puzzled by Biden's putrid polls

By regularly griping about the supposed mystery of why so many voters say they prefer Donald Trump or another Republican, President Biden’s pundit backers mainly expose their own elitist ignorance.

Team Biden's Thanksgiving gaslighting on the economy

The Biden Campaign release a guide to "responding to crazy MAGA nonsense" this Thanksgiving, which claimed that saying "the economy was better under Trump" is "wrong."

US consumer fears about long-term inflation hit 12-year high: report

Surveyed Americans see costs rising 4.4% during the coming 12 months, up from an expectation of 4.2% a month earlier, according to a report.

Congress must get its act together and prevent a government shutdown — or recession is on its way

It’s never a good time for the US economy to be hit by a government shutdown. But now would be particularly inopportune — and a shutdown is looking likelier by the...

US adds 336,000 jobs in September -- twice as many as expected -- raising odds for Fed hikes

The US economy added 336,000 jobs in September -- a surprising surge that raises the risk that the Federal Reserve will further tighten interest rates to tamp down inflation. The...

Biden's 'war against oil' is pushing prices up, US shale execs say

Harold Hamm, founder of Continental Resources, told FT that the Biden administration was more focused on "putting us out of business."

San Diego drivers grumble about California gas prices nearing $7 a gallon: '$100, $150 a tank'

The gas price hike has caused many California residents to make hard choices, sometimes having to choose between filling up their tank or buying lunch.