Articles for High Gas Prices

New poll shows that Black and Latino Californians were hit hardest by high gas prices
2 years, 4 months ago

New poll shows that Black and Latino Californians were hit hardest by high gas prices

LA Times  

Richard Castro fills the tank of his work van at a Westchester gas station in May. The recent spike in gasoline prices took the greatest financial toll on Black and Latino Californians, though more than half of all adults in the state reported suffering at least moderate economic hardship, according to a new poll by the Public Policy Institute of …

Gas Prices Latino California Hardship High Poll
Higher gas prices hurt pockets, make small dent in emissions
2 years, 5 months ago

Higher gas prices hurt pockets, make small dent in emissions

Associated Press  

As Congress and now the Supreme Court stymie the Biden administration’s efforts to curb climate change, one thing the president doesn’t want - sky high gas prices - actually is nibbling away at emissions of heat-trapping gas. “High fuel prices are a really difficult thing because they’re a double-edged sword,” said Samantha Gross, director of the energy security and climate …

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Gas prices 'double-edged sword' hurts drivers, helps climate
2 years, 5 months ago

Gas prices 'double-edged sword' hurts drivers, helps climate

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. “High fuel prices are a really difficult thing …

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EXPLAINER: How Biden’s proposed gas tax holiday would work
2 years, 6 months ago

EXPLAINER: How Biden’s proposed gas tax holiday would work

Associated Press  

WASHINGTON — Facing stubbornly high gas prices that average about $5 a gallon nationwide, President Joe Biden on Wednesday urged Congress to suspend federal gasoline and diesel taxes for three months. A look at how the proposed gas tax holiday would work and what impact it might have on gas prices and a highway trust fund that is paid for …

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Tesla will HIKE the prices for all its cars by at least $3,000 - with a Model Y now costing $65,990
2 years, 6 months ago

Tesla will HIKE the prices for all its cars by at least $3,000 - with a Model Y now costing $65,990

Daily Mail  

Tesla has significantly increased the prices of its entire car lineup once again - as the US continues to struggle with surging inflation and record gas costs. The increases, which the company says is due to supply chain issues, saw the price tag for the Model S increase by $5,000, from $99,990 to $104,990 The hike, the second so far …

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High gas prices falsely attributed to Keystone XL cancellation
2 years, 9 months ago

High gas prices falsely attributed to Keystone XL cancellation

Associated Press  

CLAIM: The Keystone XL pipeline cancellation caused the current high gas prices. Rather, experts say gas prices are high due to other factors such as the global spike in the cost of crude oil and increased demand after pandemic lockdowns ended. THE FACTS: Social media users are pointing to President Joe Biden’s decision to cancel the Keystone XL pipeline in …

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Democrats Blame Oil And Gas Companies For Driving Up Gas Prices
2 years, 9 months ago

Democrats Blame Oil And Gas Companies For Driving Up Gas Prices

Huff Post  

LOADING ERROR LOADING WASHINGTON — Ahead of the midterm elections, President Joe Biden is trying to head off a potentially potent political attack and convince voters that rising gas prices are not his fault. “Oil and gas companies shouldn’t pad their profits at the expense of hardworking Americans,” Biden tweeted Wednesday. “But something is happening that Americans shouldn’t overlook: Over …

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A $400 tax rebate to offset California’s high gas prices? Here’s how it would work
2 years, 9 months ago

A $400 tax rebate to offset California’s high gas prices? Here’s how it would work

LA Times  

Gas offered at over $9 a gallon at a station on Highway 1 in Gorda, Calif., about 30 miles north of San Simeon. A group of Democratic state lawmakers on Thursday proposed sending every California taxpayer a $400 tax rebate check to reduce the financial pain they’re suffering because of gas prices and the rising costs of everyday goods. Republican …

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Biden says he 'can't do much' about gas prices because 'Putin's responsible'
2 years, 9 months ago

Biden says he 'can't do much' about gas prices because 'Putin's responsible'

Daily Mail  

President Joe Biden on Tuesday said he 'can't do much' about record high gas prices and continued the White House blame game of saying it was Vladimir Putin's fault. President Joe Biden announced the US would target 'the main artery of Russia's economy' with a full ban on energy imports from Russia on Tuesday 'I welcome a Russian energy ban, …

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Why Biden’s bid to lower gas prices is more of a Band-Aid than a gamechanger
3 years, 1 month ago

Why Biden’s bid to lower gas prices is more of a Band-Aid than a gamechanger

CNN  

New York CNN Business — For months, OPEC and its allies refused pleas from Washington and otherworld capitals to pump more oil. “While our combined actions will not solve the problem of high gas prices overnight, it will make a difference,” Biden said. “Releasing oil from the SPR reserve will likely not have a long-term effect on lowering gasoline prices,” …

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The White House is tapping oil reserves to try to bring down high gas prices
3 years, 1 month ago

The White House is tapping oil reserves to try to bring down high gas prices

NPR  

The White House is tapping oil reserves to try to bring down high gas prices Enlarge this image toggle caption Marta Lavandier/AP Marta Lavandier/AP The United States plans to draw 50 million barrels of oil from its emergency oil reserves in coming months, a widely anticipated step aimed at trying to take the edge off high gas prices that have …

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US gas prices end the year near a pandemic-era high
3 years, 11 months ago

US gas prices end the year near a pandemic-era high

CNN  

New York CNN — This is normally the time of the year that gas prices fall to their low point. “There’s tremendous confidence in the markets that at some point in 2021 that demand will rebound,” said Tom Kloza, chief oil market analyst for the Oil Price Information Service, which tracks gas prices at 140,000 US stations for AAA. Low …

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