Biden tells oil refiners: Produce more gas and diesel, fewer profits

In a draft letter to refiners, Biden said their profits have tripled during a time of war between Russia and Ukraine as Americans struggle with record-high gas prices.

Gas prices hit $5 nationwide for the first time ever

The national average price has jumped 19 cents in just the past week, and it is up $1.93 from this time last year.

US inflation hit 8.6% in May, a new 40-year high

Consumer prices surged 8.6% last month from 12 months earlier, faster than April’s year-over-year surge of 8.3%, the Labor Department said Friday.

US gas prices could top $5 a gallon by mid-June, analyst predicts

With gas prices exceeding $4 nationwide, one expert believes there’s a way you can save a few dollars at the pump by changing your driving habits.

High gas prices lead to increased interest in 3-wheel vehicles, motorcycles
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The high gas prices have many people looking at alternative vehicles. FOX 10's Danielle Miller checks out RideNow in Chandler where three wheel vehicles and motorcycles are big sellers.