Latest Gasoline retail News

Biden offshore drilling proposal would allow up to 11 sales

Jul. 01, 2022 22:12 PM EDT

NEW ORLEANS (AP) — President Joe Biden's administration on Friday proposed up to 10 oil and gas lease sales in the Gulf of Mexico and one off the Alaska coast over the next five years — going against the Democrat's climate promises but scaling back a Trump-era plan that called for dozens of...

Chip shortage keeps driving up auto prices, cutting sales

Jul. 01, 2022 16:26 PM EDT

DETROIT (AP) — U.S. new vehicle sales tumbled more than 21% in the second quarter compared with a year ago as the global semiconductor shortage continued to cause production problems for the industry. Yet demand still outstripped supply from April through June, even with $5 per...

Governor suspends Georgia gas taxes through mid-August

Jul. 01, 2022 08:54 AM EDT

ATLANTA (AP) — Georgia's governor is extending the suspension of the state's motor fuel tax through mid-August. Gov. Brian Kemp on Friday signed an executive order extending the suspension for a second time. The order also suspends the state sales tax on locomotive fuel. ...

Ecuador: Agreement ends 18 days of strikes

Jun. 30, 2022 16:59 PM EDT

QUITO, Ecuador (AP) — Ecuador’s government and the country’s main Indigenous group reached an agreement Thursday to end 18 days of often-violent strikes that had virtually paralyzed the country and killed at least four people. The deal, which includes a decrease in the price of...

Connecticut abortion law, tax changes to take effect Friday

Jun. 30, 2022 16:37 PM EDT

HARTFORD, Conn. (AP) — Connecticut's first major abortion-related legislation in years, which aims to legally protect providers and patients from other states’ bans on the procedure, will take effect Friday. The legislation was passed by the Connecticut General Assembly in late...

OPEC+ oil boost likely not much help to high gasoline prices

Jun. 30, 2022 10:22 AM EDT

NEW YORK (AP) — The OPEC oil cartel and allied producing nations decided Thursday to boost production of crude by an amount that will likely do little to relieve high gasoline prices at the pump and energy-fueled inflation plaguing the global economy. The increase of 648,000...

Editorial Roundup: Illinois

Jun. 28, 2022 07:13 AM EDT

Arlington Heights Daily Herald. June 25, 2022. Editorial: Signage war will just sow more confusion about gas taxes If the courts side with the Illinois legislature, by the end of next week signs could be popping up at gas stations all over the state. They will explain...

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...