HPU Poll surveys North Carolinians on gas prices, inflation
As gas prices rise at the pump, a new poll
gas prices
31 countries plan a big release of emergency oil to ease gasoline prices at the pump
The International Energy Agency plans to release 120 million of barrels of oil from their emergency reserves, including 60 million from a previously announced U.S. drawdown.
Chicago Mayor Lori Lightfoot proposes gift cards to help residents pay for gas
The proposal also includes transit cards that will help Illinois residents paying an average of $4.46 per gallon at the pump, compared to a national average of $4.23.
California's governor is proposing $11 billion of relief from record gas prices
Also included in the proposed package is $750 million to give Californians free rides on public transit for three months.
Here are 3 reasons why Big Oil can't just drill more to ease the pain at the gas pump
The Biden administration is encouraging U.S. oil companies to increase their production to help curb record-high gasoline prices. Turns out, however, that boosting output is easier said than done.
With gas prices soaring over the Ukraine war, here's a plan to cut oil consumption
From cutting highway speed limits to launching car-free Sundays in big cities, the International Energy Agency proposes to cut the demand for oil by as much as 2.7 million barrels per day.
Gas prices are near record highs. A fuel tax holiday could give consumers some relief
Gasoline prices hit record highs last week, so politicians in both parties proposed suspending state and federal gas taxes. But some warn such tax "holidays" may cut funding for needed road repairs.
The Federal Reserve raises interest rates for the first time since 2018
The central bank raises its benchmark rate by a quarter percentage point in an effort to tamp down inflation. Additional rate hikes are likely in the months to come.
Uber and Lyft add fuel surcharges to rides as gas prices surge nationwide
As of Monday, the average cost of a gallon of regular fuel is now $4.325, according to AAA. Both ride-share companies say they're adding surcharges to deal with the spike in gas prices in the U.S.
High gas prices present another hurdle in bringing workers back to the office
Gas prices have soared just as workers who have been remote for two years return to their commutes. Some are asking for companies to wait until prices come down to bring people back.