OPEC, allies cutting world oil supplies as prices fall

The move signals their unhappiness with crude oil prices that have dropped because of recession fears.

Average US gasoline price falls 45 cents to $4.10 per gallon

The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.

Gas prices coming down but inflation will likely stay high

Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.

US inflation reached 9.1% in June, a new 40-year high

U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.

Gas prices: Phoenix station selling fuel for $3.99 per gallon

The owners of CK Food Mart are selling gas for $3.99 per gallon in Phoenix. “We don’t care about the money right now. People need help right now.”

'It's worth it': Georgia gas station loses nearly $12K selling discounted gas

The Georgia gas station dropped the price to less than $2 a gallon for customers on the Fourth of July. The owner says he lost nearly $12,000 in just three hours, but it was worth it to see the smiles on his customers' faces.

Arizona business moves closer to clients to avoid increasing gas prices
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How far would you be willing to go to save on gas money? What would you change in your life? One couple decided to move, and it?s already saved them hundreds of dollars. FOX 10's Steve Nielsen has the story.

Gas Tax holiday: What you should know as calls continue for relief amid high inflation

As discussions continue over President Joe Biden's proposal for a federal gas tax holiday that he claims can provide relief for drivers, here's what you should know about the gas tax, what it's used for, and why some say a gas tax holiday might not work.

Biden calls for 3-month suspension of gas and diesel taxes

Biden wants to suspend the 18.4 cents-a-gallon tax on gas and 24.4 cents-a-gallon on diesel fuel, administration officials say. Prices are averaging about $5 a gallon nationwide.

Map: Which states have the highest and lowest gas tax?

The national gas tax average is 57.09 cents per gallon, but some drivers are paying a lot more than that, while others pay much less.

Gas station that fired manager who sold gas for 69 cents declining GoFundMe money: report

The man who was fired for mistakenly selling gas at 69 cents a gallon in Rancho Cordova said the company is declining thousands of dollars raised to repay for the error.

Phoenix gas station selling fuel way below the average: 'We are helping our community'

The owners of a gas station who practice the Sikh religion have decided to help people when they need it most, and they're doing it by lowering their gas prices in Phoenix.

Biden to consider a gasoline tax holiday

The administration is increasingly looking for ways to spare Americans from higher prices at the pump.