Tag: Gas Prices

Saudi Arabia met Donald Trump’s demands for more oil, hiking its output in June to the highest level since 2016.

During Friday’s Democratic Weekly Address, Senator Ed Markey (D-MA) criticized President Trump for rising gas prices and stated that the policies he and Republicans support “are putting Big Oil, OPEC, Russia, and China first, and the American consumer last.” Transcript

As Texas and Louisiana continue to suffer the results of Hurricane Harvey, experts warn that the devastation is likely to force a rise in prices at the pump throughout the country.

Senate Minority Leader Chuck Schumer claims that the price of gas “never goes down” as gas prices hit record lows under the Trump administration.

Americans will experience the lowest gas prices around the July 4th holiday since 2005. According to the American Automobile Association (AAA), Americans will pay an average of $2.23 per gallon for gas around the July 4th holiday, which is 15 cents lower compared to a month ago.

MATAMOROS, Tamaulipas — The controversial move by the Obama Administration that cancelled the longstanding “Wet Foot-Dry Foot” policy for Cubans went largely unnoticed in Mexico.

Mexican drivers are spending hours to cross California’s southern border so they can fill up on U.S. gasoline, because Mexican protesters have blocked fuel distribution centers near Mexicali.

NOGALES, Arizona — Protesters in Mexico continue to take to the streets to voice their anger at the increasing gas prices while chanting “death to the evil government”. The protests have turned violent in multiple states and have also resulted in the temporary closings of various international ports of entry.

TEL AVIV – For far too long, Gulf countries have relied solely on petrodollars and now they must find other sources of income in a post-oil world in order to save themselves from economic ruin.

The Daily Beast’s Eleanor Clift said that the tax on oil in President Obama’s budget would get passed on to consumers, “which would add up to something like 18 cents more a gallon” and wondered “If you can’t raise money

The average price of gas is below $2 per gallon in more than half of the United States, but prices at California pumps are creeping higher due to maintenance issues at refineries across the Golden State.

Thursday, the Energy and Commerce Subcommittee will debate lifting the export ban on crude oil. The Agriculture Committee held a hearing Wednesday on the issue. Cramer told Breitbart News that many independent studies show that lifting the crude oil export ban would more likely bring the price of fuel down.

ESPN radio host Colin Cowherd defended President Barack Obama on his show “The Herd” Tuesday, saying that the voters in the United States usually elect capable people as president. According to Cowherd, Obama is capable as a president because the stock market is

San Francisco’s billionaire environmental activist and Democrat mega-donor Tom Steyer joined a group of consumer advocates supporting a California Senate investigation to determine if an “oligopoly” is the reason the price of California regular gasoline at $3.19 a gallon is $.78 higher than the national average, the Sacramento Bee reports.

Majorities of the 1,706 adults surveyed favor President Obama, like Obamacare, support amnesty, favor high taxes, and say government should redistribute wealth. Yet a 54% of Californians–and 44% of Democrats–say that the Keystone XL pipeline should be built, contrary to Obama’s veto.

After initially driving down the price of oil by increasing its production, which gave Americans a welcome drop in prices at the pump, could Saudi Arabia now be pushing them back up?

Friday at Ivy Tech Community College, after pointing to falling gas prices as a positive economic development,  when an audience member thanked him, President Barack Obama flashed a huge grin and said, “You’re welcome!” then warned they will go back

Iranian President Hassan Rouhani said on Tuesday that nations responsible for the downward spiral of oil prices will suffer.

The incoming chairman of the Senate Commerce, Science and Transportation Committee, Sen. John Thune (R-SD) put all options on the table when it comes to replenishing the shrinking Highway Trust Fund, which is widely seen as opening the door to a tax increase.

The recent plunge in gas prices has been welcome relief for many, but today’s price at the pump still isn’t what it used to be in nominal and inflation-adjusted real terms, reports the Wall Street Journal.

Beginning January 1, California’s gasoline producers will be subject to new regulations under the state’s cap-and-trade system. As a result, gas prices for the state’s motorists will likely increase due to what opponents of the regulations are calling a “hidden gas tax,” although the ultimate amount of the increase is still anyone’s guess.