Oil prices rise making gas more expensive for US drivers and aiding Russia's war

Some analysts predict oil prices could hit $100 in the coming months, while others foresee that growth in major economies like China will keep a lid on prices.

Walmart, Exxon Mobil team up for gasoline deal

The gas discount deal is effective now through Sept. 15, and gives Walmart+ members a 20-cent discount for each gallon of gas.

Circle K no longer redeeming Fry's fuel points
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After this month, Fry's website shows that fuel points will no longer be good at Arizona Circle K gas stations. Customers will only be able to redeem points at participating Shell and Kroger fuel centers. Circle K has been a part of Fry's fuel rewards program for the past decade.

Why are gas prices going up? Blame the heat and production cuts

Gas prices in the U.S. are continuing to rise this summer, creating another money headache for Americans. Here's a few factors that are causing the price jump.

Gas prices may spike as much as 10 to 25 cents this week in some states

Consumers may need to prepare to spend more for a gallon of gas tied to the rising cost of oil and heat-induced refinery outages as temps across the nation soar to the highest of the summer this week. 

Gas prices could spike after Saudi Arabia oil production cut

According to AAA, drivers are currently paying an average of $3.55 for a gallon of regular gasoline. That is more than $1 lower than a year ago.

Gas prices decrease amid market uncertainty: AAA

Average gas prices dipped to $3.53 per gallon for the week ending May 11, 2023, AAA reported. The low cost of oil has kept gas prices on the decline despite a rise in gas demand, AAA said.

Shell reports $9.6 billion profit as energy prices slip

Shell is the second London-based company this week to post stronger-than-expected earnings, with rival BP reporting that it earned $5 billion in the first quarter.

BP reports $5 billion quarterly profit on strong oil, gas trading

BP’s profits have rebounded from last year's losses, and this quarter's earnings have exceeded analysts' expectations. Oil companies have been reporting higher earnings after Russia invaded Ukraine.

Gas prices dip, offering consumers some relief at the pump: AAA

The national average cost for a gallon of gas dropped by five cents from last week to $3.68, reflecting a dip in oil prices, AAA said.

Breaking down higher gas prices in the Phoenix area

The Phoenix area is no stranger to high gas prices, and the numbers continue to increase in the Valley with an average of $4.63, according to GasBuddy. We have an expert breaking down exactly what goes into the prices.

Cheaper gas and food provide some relief from inflation in US

Much of the drop resulted from price declines for such goods as gas, used cars and furniture, which had soared a year ago after Russia’s invasion of Ukraine.

High gas prices: There are a number of reasons behind the recent pain at the pump

Figures from GasBuddy show as of April 3, the average cost for a gallon of regular in Phoenix is $4.58, and some experts say prices could go even higher.

Gas prices could hit $4 a gallon after OPEC production cut

As of Monday, regular gasoline averaged roughly $3.50, according to AAA. If Flynn's prediction holds, it could mean gasoline prices will climb above $4 per gallon as summer nears.

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.