Gasoline

Consumer Prices Rose 7.7% In October From a Year Ago, Core Inflation Eases

Consumer prices continued to climb in October as the pace of overall inflation held at the level hit a month earlier and underlying inflation excluding food and fuel slowed.

Diesel Market to Stay Tight Into Winter: Chevron Chairman

The diesel market will stay tight into the winter, Chevron Chairman and CEO Michael Wirth warned.

Europe Strikes Deal to Ban Diesel and Gasoline Cars, ‘100 Percent’ Reduction of CO2 Emissions

The European Parliament and Council have reached a provisional agreement confirming zero-emissions targets for new vans and cars by 2035.

Biden Says U.S. Isn’t ‘Facing Record Inflation’ Anymore as Prices Spike 8.2%

President Biden claims the country is no longer experiencing record inflation as prices spike by 8.2%.

Saudi Arabia Strengthens Ties With China After Snubs, Begging From Biden

Leaders from Saudi Arabia and China said on Friday that the two nations will strengthen cooperation on energy after the Islamic kingdom’s falling out with the United States.

Biden Announces Release of More Oil From Strategic Reserve Ahead of Midterms

The White House announced on Tuesday that President Joe Biden would release 15 million barrels of oil from the Strategic Petroleum Reserve.

More Inflation Pain for Consumers Likely as Business Cost Gauge Soars

Inflation from the perspective of business costs—which tend to get passed along to consumers—soared in September, reversing the prior month’s decline and coming in twice as high as markets expected, pointing to a drawn-out Fed fight against high prices.

Americans’ Support for Biden’s Electric Car Push Is Nearly Zero

In response to Joe Biden's insistence that the fossil fuel industry be eliminated entirely, California officials already have claimed to set in motion their plan to ban the sales of new gasoline powered vehicles in their state in a few years.

Gas Price Hits Record High $6.46 in Los Angeles, Soars Past June High

Gov. Newsom is asking refineries to switch to their winter blend gas, which is typically cheaper, earlier than normal.

Stock Market Tanked 14 Percent Since Biden’s Inflationary Boondoggle Passed

The stock market continued its downward spiral on Thursday as the economy struggles to cope with Democrats’ reckless spending adding fuel to runaway inflation.

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