Saudis, others cutting oil production could spike prices worldwide
Higher oil prices would help fill Russian President Vladimir Putin's coffers as his country wages war on Ukraine and force Americans and others to pay even more at the pump amid worlwide inflation.
'Delay filling completely': Gas expert weighs in on Phoenix area gas prices, shortage
If you haven't noticed yet, gas prices have shot up within the last few weeks in the Phoenix area and an expert with GasBuddy is explaining why you shouldn't fill your entire tank up.
BP CEO pay doubles to $12M as energy profits surge
BP's profit doubled to $28 billion as Russia’s invasion of Ukraine sent oil and gas prices soaring.
Gas prices increase, but the tide may change: AAA
Gas prices increased for the week ending March 9, 2023. But global oil costs, low demand and other factors may lead to a drop in gas prices.
Fuel lines from Los Angeles to Vegas, Phoenix shut by leak
Kinder Morgan’s SFPP West pipeline runs approximately 515 miles to transport petroleum products from the Los Angeles area to Colton and Imperial, California, and east to Phoenix.
Another week of higher gas prices shows no signs of slowing: AAA
Gas prices continue to climb as demand grows and oil prices surge, according to the latest report from AAA. Drivers are also facing rising insurance costs in 2023.
Gas prices are starting to rise. Will relief come soon after?
According to AAA, the current average price for a gallon of regular gas stands at $3.50. Last week, the average price was $3.45.
How high gas prices could rise by spring
A new projection from GasBuddy suggests that gas prices will decrease next year after record highs in 2022, but they could still hit $4 per gallon by May.
Lower gas prices provides relief for drivers ahead of Christmas
Some gas stations in the Phoenix area were selling gas at below three dollars a gallon on Dec. 23, and this means that for some drivers, relief from higher driving costs are finally here.
US gas prices to end the year with steady decline: AAA
After nearly two months of declining, gas prices have now dipped below $3 in at least 20 states, AAA said.
Man arrested after 4,200 gallons of diesel stolen from Tennessee gas station
The “large-scale” fuel theft was valued at approximately $20,000.
Average price of gas plunges to cheapest in over a year
While the White House was quick to point out the latest numbers, AAA says seasonality is the main cause — and not everyone is seeing cheaper gas.
Gas prices fall to lowest level since February, GasBuddy data shows
“It’s entirely possible the national average price of gasoline could fall under $3 per gallon by Christmas,” Patrick De Haan at GasBuddy revealed.
US diesel supplier warns businesses to prepare for shortages, higher prices for consumers
The company suggests being aware of tank levels and not 'panic buying' fuel.
Oil companies rake in record profits as consumers struggle with high gas prices
Exxon Mobil broke records with its profits in the third quarter, raking in $19.66 billion in net income.
Biden to release up to 15 million barrels of oil from strategic reserve
President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations.
US emergency oil supply shrinks to 40-year low
Proponents of releasing barrels from the emergency stockpile say it increases oil supplies and reduces prices at the pump. Critics say it's a short-term fix.
OPEC+ approves sharp cut in oil output; gas prices could rise
OPEC+ said the decision was based on the “uncertainty that surrounds the global economic and oil market outlooks.”
Arizona gas prices: AAA says demand, tight supplies and unplanned maintenance are causing surge
According to AAA, an increase in demand, tight supplies, and fluctuating oil prices are behind the recent spike in gas prices nationwide.
Biden warns oil industry not to 'gouge the American people' as Ian hits Florida
Biden said the hurricane “provides no excuse for price increases at the pump."