What’s keeping gas prices so high? Seasonal factors ... But they're dropping right now. Here's why Gas prices have been dropping steadily this fall. In the coming weeks, experts expect the ...

Cutting gas taxes would help drivers at the margins, but overall, taxes simply aren't a decisive factor in explaining why gas prices are high right ... the capital to do so, however it's a ...

A fundamental economic concept called the law of one price can help us understand what is going on. In short, this concept explains that even though the U.S. produces more oil than we use ...

This means that refiners spend March and April making the switch, so ... gasoline prices. First, it is more expensive to produce summer gasoline. A key reason for this is butane. Butane, with a ...

Who knew? The Daily Show also took a shot at President Bush for his press conference where he said he was unaware of the predictions that gas prices could reach $4 a gallon and for his speech at ...

California drivers may see gas prices climb next year after state regulators voted to toughen fuel standards in an effort to ...

There's a laundry list of reasons why Californians ... and Texas have prices at under $3 a gallon. "California has its own ...

Russia, a key provider of natural gas to the EU, has held back on increased deliveries to the West, keeping prices volatile and high. Put together surging demand from the US reopening with supply ...

Americans are shelling out 22% more for groceries compared to when President Joe Biden took office in January 2021, according to October Consumer Price Index inflation data. While wages finally began ...

Before blaming restaurateurs for gouging on menu prices, consider what it's costing them to open their doors these days.

The only saving grace is the fact that regular gas costs about the same as it did a year ago. Even so, nearly everything ... may put a ceiling on how high gasoline prices will rise.

European gas prices are now about 10 times higher than their average level over the past decade. In February 2021 UK gas was trading at 38p per therm (a measurement of gas consumption). This month ...