Average Gasoline Prices Under The Past Four Presidents

WASHINGTON, DC – JANUARY 24: President Donald Trump signs one of five executive orders related to … [+] the oil pipeline industry in the Oval Office of the White House January 24, 2017 in ...

The Year In Energy Prices

WASHINGTON, DC – MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, … [+] 2022 in Washington, DC. The cost of gasoline continues to rise across the globe a...

No Relief Today, Nor Any In Sight

President Joe Biden gestures. (Photo by Andrew Caballero-Reynolds / AFP) (Photo by ANDREW … [+] CABALLERO-REYNOLDS/AFP via Getty Images) AFP via Getty Images For a couple of months this past sum...

Gas Prices Fall Below $4—But Are Still Higher Than Before Russia Invaded Ukraine

Topline The average national price of gas fell below $4 per gallon on Thursday for the first time since March, according to the American Automobile Association’s (AAA) tracker, but the cost remains hi...

Inflation Break?

Gasoline prices last spring. (Photo by Win McNamee/Getty Images) Getty Images July brought a measure of relief on the inflation front. Because of a 4.6% drop in energy prices, the overall consumer pri...

Enverus Lowers Oil Price Forecast, Rig Count Drops Amid Record Industry Profits

A new report from energy analytics and intelligence firm Enverus projects oil prices to continue to … [+] decline through the end of 2022. getty In the latest signal of a faltering oil market, e...

Last Week, In “Games” That May Influence The Future Of Energy, President Biden Played Two Weak Hands.

President Joe Biden announces members of his climate and energy appointments. Getty Images Cards in the right hand. President Biden was in the Middle East last week trying to work a deal with Saudi Ar...

The Healing Power Of High Gasoline Prices

US President Joe Biden, speaks during an arrival ceremony at Ben Gurion International Airport in Tel … [+] Aviv, Israel, on Wednesday, July 13, 2022. President Biden will seek to salvage relatio...

Biden Can Lower Gasoline Prices Now

On Saturday, as Americans were preparing for Independence Day celebrations, President Biden tweeted: “My message to the companies running gas stations and setting prices at the pump is simple: this is...

Why A Gas Tax Holiday Probably Won’t Work

NEW YORK, NEW YORK – JUNE 01: A man fills up his motorcycle at a Manhattan gas station on June 01, … [+] 2022 in New York City. New York has suspended its gasoline tax beginning today for ...

The Parable Of The Chicken Farmer And The Oilman

Farmer on poultry farm getty People who should know better are still deflecting the blame for high oil prices onto the oil companies. There is still a widespread misunderstanding of how oil and gas ar...

A Simple Way To Offset Higher Gas Prices

LOS ANGELES, CA-JUNE 1, 2022: Jim Moreno, 56, of Los Angeles, takes a photograph of the sign, … [+] showing the price of gasoline approaching close to $8 a gallon at the Chevron gas station loca...

We Need A Win-Win Energy Policy

Sweetwater in Texas aims to be the windpower capitol of the world. A pumpjack siphons oil in the … [+] foreground. Best known for the annual Rattlesnake Roundup Festival now also host the West T...

Congress Picks Populism Over Increased Supply With Price Gouging Legislation

WASHINGTON – APRIL 26: U.S. Senator Chuck Schumer (D-NY) reacts as he leaves a news conference on … [+] high gasoline prices at a gas station on Capitol Hill April 26, 2006 in Washington, ...

Gasoline Prices Have Peaked For Now

WASHINGTON, DC – MARCH 14: Prices for gas at an Exxon gas station on Capitol Hill are seen March 14, … [+] 2022 in Washington, DC. The cost of gasoline continues to rise across the globe a...

If Oil Companies Control Prices, Why Do They Ever Lose Money?

Prices for a gallon of gasoline are posted on the sign of an Exxon gas station Monday, March 7, … [+] 2022, in the Capitol Hill neighborhood of Washington. (AP Photo/Alex Brandon) ASSOCIATED PRE...

Costco’s March Sales Top Expectations

C A gallon of regular unleaded gas is $4.16.9 at a Costco Wholesale store in Cranberry Township, Pa., … [+] Monday, March 7, 2022. (AP Photo/Gene J. Puskar) ASSOCIATED PRESS ostco Wholesale Corp...

No, Former President Trump Did Not Fill The Strategic Petroleum Reserve

WASHINGTON, DC – APRIL 20: U.S. President Donald Trump speaks during a daily briefing of the … [+] coronavirus task force at the White House April 20, 2020 in Washington, DC. Oil prices fe...

U.S. Oil Companies Have Increased Drilling By 60% In One Year

ODESSA, TEXAS – MARCH 13: A statue of a pumpjack and drilling rig sits next to a gas station in a … [+] city located in the Permian Basin oil field area on March 13, 2022 in Odessa, Texas....

Are You Being Gouged At The Pump?

MARSHFIELD, MA – March 14: A Mobile station displays $4.69 for gasoline as a Gulf next door has it … [+] for $3.99 a gallon on March 14, 2022 in Marshfield, Massachusetts. (Photo by Matt S...

How Much Of The Gasoline Price Surge Is President Biden’s Fault?

WASHINGTON, DC – MARCH 08: U.S. President Joe Biden speaks in the Roosevelt Room of the White House … [+] March 8, 2022 in Washington, DC. During his remarks, Biden announced a full ban on...