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Gas prices are near record highs. A fuel tax holiday could give consumers some relief

Courtesy: Forbes NPR – Gas prices have been increasing since the start of the war in Ukraine. Since the start of the war in Ukraine,…

Texas and other states want to punish fossil fuel divestment

A pump jack operating in an oil field in Midland, Texas, July 29, 2020. A Texas law aims to punish investment firms that divest from…

Oil prices fall below $100 a barrel as China’s Covid-19 outbreak threatens demand

Oil prices dropped on Tuesday, falling below $100 a barrel, as China, the world’s largest oil importer, imposed new lockdowns to combat an outbreak of the coronavirus,…

States consider gas tax pauses as prices spike

Governors and state legislators are considering moves to suspend state gas taxes as the cost of fuel continues to soar to record levels, a bipartisan…

Uber and Lyft add fuel surcharges to rides as gas prices surge nationwide

Ride-share companies Lyft and Uber announced they will add a temporary surcharge on their rides to help their drivers deal with the rise in gas…

Oil briefly tumbles below $100 a barrel. That’s good news for gas prices

New York (CNN Business)– US oil prices briefly tumbled below $100 a barrel on Monday, unwinding a significant chunk of the recent spike caused by Russia's invasion…

Oil prices fall, continuing downward trend from last week

A view of the Phillips 66 Company's Los Angeles Refinery (foreground), which processes domestic & imported crude oil into gasoline, aviation and diesel fuels, and…

Infographics: How much of your country’s oil comes from Russia?

Russia is the world’s second highest exporter of crude oil after Saudi Arabia. In 2019, 48 countries bought Russian crude oil worth $123bn. Oil prices…

EXPLAINER: What does a US ban on Russian oil accomplish?

March 8, 2022 | 9:20AM Gasoline prices surge as calls grow to ban Russian oil. The price of oil tops $130 a barrel as calls…

U.S. to release 30 million barrels of crude oil from its Strategic Petroleum Reserve

Source: U.S. Energy Information Administration, Weekly Petroleum Status Report On March 1, the U.S. Department of Energy committed to releasing 30 million barrels of crude oil from the U.S.…