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joe.ieThe national average for regular gasoline increased to $3.88 a gallon on Friday, up from $3.84 the previous week. Renewed U.S.-Iran military clashes and other supply constraints are cited as contributing factors.
nypost.comThe White House opened 25 Freedom Fuel gas stations in the greater Philadelphia area selling fuel at $3.47 a gallon. The July 7 launch came after national averages reached nearly $5 earlier in 2026 due to the U.S.-Iran war. Prices have since declined following a June agreement re…
dailykos.comThe Trump administration sent a letter last week asking state attorneys general to assist federal probes into alleged antitrust and consumer protection violations tied to elevated gasoline prices. washingtontimes.com reported the details July 7, 2026. The request follows a four-m…
Washington ExaminerThe U.S. average price for regular gasoline declined to $3.838 per gallon on Thursday, the lowest level since March. Prices have now remained below $4 per gallon for two consecutive weeks.
ansa.itThe Conference Board reported a modest increase in its consumer confidence measure. Gas prices fell to $3.85 per gallon after earlier spikes tied to the U.S.-Iran conflict.
rigzone.comThe Trump administration plans to ask Congress to allow year-round sales of E15, a 15 percent ethanol blend normally restricted in summer. The request will accompany a supplemental funding measure sent to lawmakers this week.
National average gasoline prices fell to $4.07 per gallon on Monday after U.S. officials announced a framework agreement with Iran. The deal aims to extend a ceasefire and reopen key oil shipping routes.
Substrate placeholder — needs reviewThe national average dropped below the threshold Monday after an agreement between the United States and Iran eased oil costs, GasBuddy reported.
newser.comExecutives from the oil and gas sector have notified the White House that gasoline prices may rise sharply in coming months due to falling fuel inventories. The warning comes as officials work to address inflation pressures affecting consumers.
FortuneRetail executives and data firms report more frequent but smaller fuel purchases at warehouse clubs and reduced spending on clothing, furniture, and non-grocery items. The changes coincide with higher fuel prices that began after the Iran conflict started in late February.
Los Angeles TimesCalifornia Gov. Gavin Newsom's office posted on X advising drivers to skip Chevron stations during Memorial Day weekend, citing higher prices than unbranded alternatives. Chevron attributes elevated costs to state policies and taxes.
nypost.comNewsom’s office posted that unbranded gasoline meets the same standards and costs 60 to 80 cents less per gallon than Chevron fuel. Chevron and an oil industry group responded by blaming state policies for high prices and questioning the governor’s travel habits.
nypost.comThe California governor's office posted guidance for drivers to avoid Chevron-branded gas stations during the holiday weekend. The post highlighted price differences between branded and unbranded fuel.
rte.ieConsumer spending continues to support the U.S. economy even as inflation reached 3.8 percent in April and households face higher fuel costs. Retailers including Walmart reported strong sales growth while polls show many Americans feel financial stress.
Washington ExaminerEvery U.S. state now reports average regular gasoline prices above $4 per gallon. AAA data released Wednesday showed the national average at $4.56, with seven states above $5 and California above $6.
cnbc.comU.S. Energy Secretary Wright stated that elevated gasoline prices represent a necessary burden for consumers and affirmed that fuel supplies will remain stable.
cnbc.comThe Energy Secretary appeared before the Senate Armed Services Committee on May 13, 2026, to discuss the U.S. atomic energy defense and nuclear security program ahead of the 2027 Defense Authorization Request. The hearing began at 9:30 a.m. as gas prices have risen amid the war w…
CarGurus data shows average new vehicle listing prices rose 1 percent from a year earlier while used car prices reached nearly $30,000. Gas prices have surged from $2.98 per gallon in late February to $4.52, boosting shopper interest in hybrids and EVs. Moody's analysis indicates…
benzinga.comRocket Lab stock rose for a second straight day Monday, climbing 14 percent to a new all-time high after the company reported strong first-quarter results and a surge in launch contracts. The firm added 31 Electron and HASTE missions in the quarter, the most ever signed, pushing…
rediff.comPresident Donald Trump’s approval rating stood at 36% in polling conducted May 8-11, 2026, with 63% disapproving. Multiple surveys show disapproval ratings between 55% and 62% amid widespread criticism of his handling of the war with Iran and rising gasoline costs.
Nbc NewsThe VLCC supertanker BARAKAH, owned by Abu Dhabi National Oil Company, was hit once by Iranian drones on May 4 while heading west after a secret oil transfer. President Donald Trump said on May 11 he intends to suspend the 18-cents-per-gallon federal gas tax amid national average…
President Trump told reporters Monday the U.S.-Iran ceasefire is on "massive life support" after dismissing Tehran's counteroffer on nuclear talks as "a piece of garbage." He voiced support for temporarily suspending the federal gas tax amid fuel prices that have climbed above $4…
The HillEnergy Secretary Chris Wright said he cannot make predictions about oil or gasoline prices during a Sunday interview. The average cost of gas has reached its highest point amid the war in Iran. Wright stated the U.S. remains in a tremendous position despite the rise.
theconservativetreehouse.comEnergy Secretary Chris Wright said the administration is open to all ideas to ease high gasoline prices, including a suspension of the 18.3-cent-per-gallon federal tax. Average U.S. gas prices reached $4.52 per gallon as the 10-week conflict with Iran has throttled traffic throug…
abcnews.go.comAn ABC News/Washington Post/Ipsos poll released last week found that 50% of Americans expect gas prices to rise further in the coming year. Four in 10 respondents said they are not as well off financially as when the current administration took office in January 2025, with nearly…
benzinga.comShake Shack joined McDonald's, Domino's and Papa John's in reporting weaker quarterly sales growth. The slowdown signals pressure on customer spending from rising gas prices driven by the Iran war. Reuters reported the development on May 7, 2026.
New York PostHigher gasoline prices stemming from the Iran conflict are forcing lower-income households to drive less and allocate more of their budgets to transportation. Fast-food chains including McDonald's reported strong earnings but warned of potential pressure on future profits from re…
usatoday.comDoorDash said it expects to spend more than $50 million in the second quarter to provide gas price relief for its delivery drivers. The company announced the plan on Wednesday as fuel costs remain a factor for independent contractors using personal vehicles. The expenditure cover…
rte.ieEquinor announced profits exceeding expectations for the first quarter of 2026. The results were driven by higher oil and gas prices linked to the Iran war. @business reported the details in its coverage of energy sector earnings.
abcnews.go.comThe last oil tanker from the Middle East arrived in Long Beach on Monday amid California's ongoing oil supply challenges. President Trump signed an executive order to restart a Santa Barbara pipeline, prompting a state lawsuit and court injunction. Gas prices in the state average…
Nbc NewsThe national average price of gas increased to $4.46 per gallon as oil futures rose following a decline. This follows a 49% rise since the Iran war began in late February. Analysts noted higher costs for consumers, with potential for further increases if disruptions continue.
insideevs.comDemand for used electric vehicles surged in the U.S. amid rising gas prices linked to the U.S.-Israel and Iran war. Sales increased nearly 28% in March 2026, with prices dropping 6.1% year-over-year. Over 44% of sales involved models under $25,000, driven by lease returns floodin…
New York PostCalifornia has received its last shipment of Middle Eastern oil since the start of the Iran War, arriving at the Port of Long Beach. The state relies on imports due to policies phasing out local oil production. Gas prices may rise further as a result.
dnaindia.comUS gasoline prices have risen sharply to $4.30 per gallon since the Iran war began on February 28, marking a 47% increase. The economy expanded at a 2% annual rate in the first quarter of 2026, though inflation accelerated. Gulf states are reassessing security ties, with some dee…
President Trump hosted oil and gas executives at the White House to discuss the ongoing Iran war and rising energy costs. Topics included maintaining the naval blockade and minimizing impacts on consumers. Gas prices have surged 44% since the war began, hitting levels not seen si…
CnbcWestern Digital's stock declined after the company exceeded earnings expectations, amid investor caution following a year-long rally. Apple reported its strongest quarterly start on record, driven by iPhone and services demand. Separately, Corn Belt lawmakers proposed year-round…
cnbc.comNegotiations between the U.S. and Iran hit an impasse over the weekend, driving oil prices higher and boosting U.S. Treasury yields. President Trump discussed Iran's proposal to reopen the Strait of Hormuz but vowed not to lift the blockade until a full deal is reached. Global ma…
The GuardianOne year after a widespread blackout affected Spain and parts of Portugal on April 28, 2025, investigations attributed the event to voltage-related governance failures rather than renewable energy sources. Spain increased solar capacity additions in 2025 and has integrated renewa…
etftrends.comGas prices have reached $4 per gallon in various U.S. regions, prompting some consumers to consider electric vehicles. Key factors include total ownership costs, charging infrastructure, and vehicle range. This interest occurs amid fluctuating energy prices.
slashgear.comForecasts for U.S. gas prices have increased to near $4.20, up from about $4.05 in recent periods. This shift follows a steady weekly uptrend that accelerated into April 24, 2026. The change is attributed to supply concerns and geopolitical risks, after initial volatility.
livemint.comPresident Donald Trump stated that Americans should expect higher gas prices for a short period due to the ongoing war with Iran. He indicated no rush to reach a peace deal with Tehran and noted that the impact on stocks and oil prices has been less than anticipated. This comes a…
slashgear.comHigh gasoline prices are prompting U.S. consumers to buy less fuel and trade down on in-store items, according to a Goldman Sachs survey of convenience stores. A separate survey shows similar downtrading among nicotine users. ZeroHedge reported on the analysts' notes highlighting…
slashgear.comA report from Insurify indicates that even if drivers reduce mileage due to higher gas prices, car insurance savings would be minimal. Gas prices have increased to around $4 per gallon amid conflict in the Middle East and a U.S. military blockade of the Strait of Hormuz. The anal…
Substrate placeholder — needs reviewA poll of 1,000 registered voters indicated that many received higher-than-expected tax refunds, potentially offering Republicans a positive economic message ahead of midterms. The survey compared refunds to increased gas costs, with equal shares saying refunds exceeded or fell s…
fastcompany.comWall Street analyses indicate that surging gasoline prices due to the U.S.-Israel strike on Iran and the Strait of Hormuz closure have neutralized much of the consumer boost from the One Big Beautiful Bill's tax refunds. Goldman Sachs and Morgan Stanley project diminished househo…
vancouversun.comU.S. retail sales rose 1.7% in March 2026 from February, largely driven by a 15.5% increase at gas stations amid the ongoing Iran war. Excluding gas, sales grew 0.6%. The report, released on April 21, 2026, reflects the war's impact on consumer spending.
Data from BofA credit and debit card spending suggests retail sales may exceed consensus estimates despite rising gas prices. The consensus estimates include 1.4% headline growth, 1.4% ex-auto, and 0.2% for the control group. This trend is attributed to higher year-to-date tax re…
The U.S. Energy Secretary stated that gas prices may not fall below $3 per gallon until next year due to disruptions from the war with Iran. The president rejected this timeline, saying prices will drop once the conflict ends. Average U.S. gas prices currently stand at $4.04 per…
Substrate placeholder — needs reviewU.S. consumers continue spending despite the U.S.-Iran war and gas prices reaching $4, but data shows a decline in visits to entertainment and dining venues. Industry leaders report impacts on local economies, with some businesses maintaining investment plans. Recent developments…
Substrate placeholder — needs reviewIn a recent interaction, a reporter questioned President Trump on the duration of high gas prices for Americans. President Trump stated that prices are not very high and have decreased, while noting the stock market's rise. The reporter cited $4 per gallon as the current price.
Substrate placeholder — needs reviewKevin Hassett, director of the National Economic Council, stated that the energy share of GDP has dropped in recent decades. He added that the global economy's ability to recover quickly from higher gas prices is documented. Hassett acknowledged stress from elevated gas prices.
Substrate placeholder — needs reviewThe US Oil & Gas Association has criticized a proposed federal bill to tax fuel producers, stating it would not reduce gas prices in California. The group attributes high gas prices to state taxes and environmental regulations. It urges suspension of state-level taxes to align pr…
Substrate placeholder — needs reviewGas prices in British Columbia remain among the highest in Canada, potentially driving more residents toward active transportation options. Biking groups in Vancouver state that this trend is boosting demand for bicycle services and programs. A local bike shop reported a 10 per c…
Substrate placeholder — needs reviewGas prices in the Maritimes fell on Saturday for the first time since late February. Minimum prices dropped by up to 8.4 cents per litre across Nova Scotia, New Brunswick, and Prince Edward Island. The decline occurs amid stalled shipping in the Strait of Hormuz due to the war in…
Substrate placeholder — needs reviewThe Wall Street Journal reported that increasing gasoline prices are reducing Americans' real incomes by offsetting wage gains. The analysis highlights how higher fuel costs affect household budgets amid ongoing economic pressures. This development occurs as energy prices fluctua…
Usa TodayOil prices fell after President Donald Trump announced a two-week ceasefire between the United States, Israel, and Iran, which includes reopening the Strait of Hormuz. The Strait of Hormuz carries about 20% of global oil supply, and its disruption since February 28 has affected o…
Substrate placeholder — needs reviewA Morning Consult poll indicates that 48% of Americans hold former President Donald Trump responsible for recent increases in gas prices. The survey reflects public perceptions amid ongoing economic pressures. Additional details on the poll's methodology and context are not speci…
Substrate placeholder — needs reviewGas prices have surpassed $4 per gallon across the United States, affecting drivers from New York to Los Angeles. Many are reducing driving, canceling trips, and modifying budgets in response. CNBC.com reported these changes based on driver accounts.
Substrate placeholder — needs reviewVoters in the United States may face elevated gasoline prices extending into the midterm election period. According to David M. Drucker, this situation could affect Republican candidates. The analysis appears in an opinion piece referenced by @business.
Substrate placeholder — needs reviewUS lawmakers are examining proposals to roll back energy regulations amid increasing gasoline prices. Experts indicate that such measures may not effectively reduce consumer fuel costs. The discussions occur against a backdrop of economic pressures and ongoing debates over energy…