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The Latest Breaking News from Gas Prices

Neal Justin: TV lets you take the great American road trip without leaving home

High gas prices aren't keeping us from hitting the open road. According to the Vacationer, a trip-planning website, roughly 80% of Americans are vacationing by car this summer, up nearly 20% from last year.

Tribune News Service

Motorists get slight break as skyrocketing gas prices inch down. Don’t expect it to last

Motorists are getting a small but welcome break as gas prices take a pause in their steady upward march.

Tribune News Service

Drivers to pay higher gas prices for ‘as long as it takes’ for Ukraine to win, Biden says

‘The bottom line is ultimately the reason why gas prices are up is because of Russia. Russia, Russia, Russia’

The Independent UK

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Cost of living: How can the UK government help reduce energy bills?

Rishi Sunak under fire for not doing more to help households tackle climbing costs

The Independent UK

Surging Gas Prices Make Tesla An Attractive Option For Some Uber, Lyft Drivers - Read How

Some Uber Technologies, Inc (NYSE: UBER) and Lyft, Inc (NASDAQ: LYFT) drivers found renting or buying a Tesla, Inc (NASDAQ:

Benzinga

Cost of living: How can the UK government help reduce energy bills?

Rishi Sunak under fire for not doing more to help households tackle climbing costs

The Independent UK

Why energy bills are increasing?

Squeeze on wholesale gas prices around the world driving up household bills

The Independent UK

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Gas prices are falling. The reason why is a bummer

Gas and oil prices are heading in the right direction, finally. But the reasons why might be no cause for celebration.

Tribune News Service

US officials back in Venezuela in a bid to rebuild ties

Senior Biden administration officials have quietly traveled to Caracas in the latest bid to rebuild relations with the South American oil giant as the war in Ukraine drags on, driving higher gas prices and forcing the U.S. to recalibrate other foreign policy objectives

The Independent UK

Afternoon Edition: June 27, 2022

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Chicago Sun-Times

Why energy bills are increasing?

Squeeze on wholesale gas prices around the world driving up household bills

The Independent UK

Cost of living: How can the UK government help reduce energy bills?

Rishi Sunak under fire for not doing more to help households tackle climbing costs

The Independent UK

Editorial: Biden's gas tax holiday idea is sputtering at the starting line. It should

President Joe Biden’s call for a three-month suspension of the 18-cent federal gas tax in response to soaring gas prices has, thankfully, landed with a bipartisan thud in Congress. The idea, an old fallback for politicians when pump prices rise, is virtually always a bad one, providing meager relief to…

St. Louis Post-Dispatch

Chicago gig workers who rely on cars make changes as gas prices stay high

Ride-hailing drivers and food delivery workers in Chicago are adjusting their driving habits to make up for the rising cost of fuel.

Chicago Sun-Times

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WEKU

How a massive refinery shortage is contributing to high gas prices

Oil refineries have lost capacity over recent years, making it nearly impossible to increase supply and stabilize gas prices at the pump.

The Independent UK

‘Roe is on the ballot’: Can Democrats fire up their base on abortion rights or is it too late?

Democrats want to mobilise their voters to protect abortion rights. But voters have multiple concerns like inflation and gas prices on their minds.

Salon

A history of skyrocketing gas prices

A look back at American gas price increases, the global factors that contributed and the presidents who got blamed

The Guardian - AU

Russia-Ukraine war: what we know on day 122 of the invasion

German gas prices could triple as Russia cuts supply; Ukrainian forces prepare Severodonetsk retreat; thousands of Black Sea dolphins killed

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Reuters

Honduras enacts month-long gasoline price freeze in inflation fight

The Honduran government passed a month-long freeze on increases in gasoline and diesel prices on Friday, the country's energy minister announced, making the Central American nation the latest to intervene as inflation causes gas prices to skyrocket worldwide.

The Guardian - AU

Our global food supply is at risk when high gas prices limit the creation of fertiliser

We need synthetic fertilisers to produce enough food for the world’s population – there are no other alternatives yet

Benzinga

Biden Makes Americans An Offer They Want To Refuse: Higher Gas Prices, Or Victory For Putin.

An Offer America Wants To Refuse This week, President Biden asked Americans, essentially, if they'd rather have lower gas prices or let Putin win.

Motor1

Used Hybrid, EV Prices Drastically Jump Alongside Higher Gas Prices

Overall used car prices are starting to decrease.

The Guardian - UK

German gas prices could triple as Russia reduces supply, expert says

Fears consumers may have to pay up to three times as much after Nord Stream 1 pipeline flow cut by 40%

Tribune News Service

‘Constructive’ talk but no deal as Granholm meets oil execs

A meeting on Thursday of oil company executives and Energy Secretary Jennifer M. Granholm concerning high consumer gas prices and refining capacity was “constructive,” even as it failed to produce a policy to address prices at the pump, industry leaders said.

The Independent UK

Oil industry says Granholm meeting sends 'positive signal'

Groups representing the oil industry and refiners say a meeting with Energy Secretary Jennifer Granholm was productive and should send a signal to markets that the United States is committed to long-term investments in the oil and refining industry

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