Latest Gasoline retail News

Average US gasoline price drops 4 cents to $5.05 per gallon

Jun. 26, 2022 16:15 PM EDT

CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline fell by 4 cents per gallon in the past two weeks to $5.05 for regular grade, it was reported Sunday. It was the first drop in nine weeks and came with a drop in oil prices amid deepening global inflation...

Gas prices down in NJ, around the nation as oil prices fall

Jun. 25, 2022 09:48 AM EDT

TRENTON, N.J. (AP) — Gas prices are falling in New Jersey and around the nation due to lower crude oil prices and decreased demand. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $4.94, down eight cents from last week. Drivers were...

California governor, lawmakers near deal on gas tax rebate

Jun. 25, 2022 00:02 AM EDT

SACRAMENTO, Calif. (AP) — Most California taxpayers would get hundreds of dollars in cash to help offset the high price of fuel and other goods under a tentative budget compromise being discussed by legislative leaders and Gov. Gavin Newsom. The plan would return a portion of...

Kentucky governor declares emergency over high gas prices

Jun. 23, 2022 20:37 PM EDT

FRANKFORT, Ky. (AP) — Gov. Andy Beshear took action Thursday to combat any signs of price gouging at the pump, touting it as a consumer protection measure amid sky-high gas prices straining Kentuckians' budgets. The Democratic governor signed an executive order declaring a state of...

Oil industry says Granholm meeting sends 'positive signal'

Jun. 23, 2022 18:20 PM EDT

WASHINGTON (AP) — An oil industry meeting with Energy Secretary Jennifer Granholm to lower gas prices and boost domestic oil supplies was constructive, but did not produce a major breakthrough, administration and industry officials said Thursday. The closed-door meeting came as...

Gas prices sting US workers who depend on their cars

Jun. 23, 2022 09:56 AM EDT

DETROIT (AP) — High gas prices have Wallace Reid looking for a new career. Reid, who drives for Uber and Lyft in New York, fills up his Lexus at least three times a week. He pays around $95 each time, about double what he was paying last year. To make up for that, he’s driving...

Biden calls for 3-month suspension of gas and diesel taxes

Jun. 22, 2022 18:04 PM EDT

WASHINGTON (AP) — President Joe Biden on Wednesday called on Congress to suspend federal gasoline and diesel taxes for three months — an election-year move meant to ease financial pressures that was greeted with doubts by many lawmakers. The Democratic president also called on...

Biden, Chevron chief trade sharp words over gas prices

Jun. 21, 2022 17:59 PM EDT

WASHINGTON (AP) — In a pointed back and forth, the head of Chevron complained Tuesday that President Joe Biden has vilified energy firms at a time when gasoline prices are at near record levels and the president responded that the oil company CEO was being “mildly sensitive.” ...

Regulators deny suspension of costlier fuel requirement

Jun. 21, 2022 17:28 PM EDT

Kentucky Gov. Andy Beshear has run into a roadblock in trying to deliver relief for Louisville-area motorists forced to pay more at the pump for reformulated gas. Federal regulators denied his request for a waiver to temporarily remove the requirement that costlier but...

Evers signs order to ban gasoline price gouging in Wisconsin

Jun. 21, 2022 12:58 PM EDT

MADISON, Wis. (AP) — Gov. Tony Evers on Tuesday issued an executive order declaring that an abnormal economic disruption exists in Wisconsin due to a disruption of energy supplies, allowing himself to trigger a statewide ban on gasoline and diesel price gouging. In the order, Evers...