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The Latest Breaking News from Gas Prices

Poland to extend gas tariff protection for households until end 2027

Poland's government said on Monday that it plans to postpone the liberalization of household gas prices until the end of 2027 to help consumers cope with soaring energy costs.

Reuters

If Enough People Did This, Would Gasoline Prices Come Down?

Social media used to coordinate economic protest against higher energy costs.

The Street

TV Newsance 178: Kaali poster, Mahua Moitra’s comments and farewell to Sudhir

It’s the season of outrage, and TV news anchors can't have enough of it! They are angry, hurt and offended – but for what? Not unemployment, or inflation or gas prices going up; from Nupur Sharma to now Mahua Moitra, hurt sentiments continue to rule the airwaves.

Newslaundry

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President Biden fumbles on gas prices, leadership

To hear President Joe Biden tell it, high gasoline prices aren’t his fault. Those looking for someone to blame should direct their anger instead at what he describes as “the companies running gas stations.”

Chicago Tribune

Missouri’s average gas price falls to $4.50

As of July 6, Missouri’s average gas price according to AAA was $4.50 for regular gas, which was below the national average of $4.78. Gas prices fell from the previous week’s average of $4.58 but remained above the June average of $4.46. On July 6, 2021, the state’s average price…

Ballotpedia

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

President Biden's climate agenda has been stymied by Congress and the Supreme Court

The Independent UK

People hit by increase in gas prices: KTR

‘Budget of common man turned upside down, will continue fight’

The Hindu

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Australian fossil fuel megaprojects at risk from record high global gas prices

Experts warn of ‘permanent demand destruction’ for gas but say conditions are ideal for a structural shift to renewable energy

The Guardian - AU

Commentary: Stop driving farther for gas bargains. There is no such thing

Now that gas is $5 per gallon, do you drive around longer looking to save on the price per gallon?

Chicago Tribune

LNG, Natural Gas Stocks Mixed As Gas Prices Tumble

Natural gas stocks fell Tuesday, despite a tight global market, amid expectations that demand will contract in coming months.

Investors Business Daily

U.S. Oil Plunges Under $96 As Recession Fears Mount; Gas Prices Set To Tumble

U.S. crude prices fell below the $100 mark for the first time since early May Tuesday, setting up a near-term tumble for domestic gas prices - but further cementing the case for a near-term recession.

The Street

European stock markets tumble on rising fears of recession

Euro slumps to 20-year low against US dollar as jump in natural gas prices intensifies economic strain

The Guardian - UK

UK gas prices hit three-month high as Norway workers strike

European energy crisis intensifies amid suspension of production in Equinor oil and gas fields

The Guardian - UK

Why energy bills are increasing?

Squeeze on wholesale gas prices around the world driving up household bills

The Independent UK

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The Street

Bezos Warns Against White House Solution to Lower Gas Prices

The founder of e-commerce giant Amazon is watching closely as the Biden administration fights inflation at a 40-year high.

Los Angeles Times

5 weed drinks for summer that taste so good they're dangerous

LOS ANGELES — With the summer holiday season finally in full swing, weed fans — and the weed curious — are ready to kick it poolside, throw back a couple of mad refreshing, totally lo-cal THC-infused drinks and get higher than gas prices.

Axios

White House, Jeff Bezos trade criticism over gas prices

"Oil prices have dropped by about $15 over the past month, but prices at the pump have barely come down."

Chicago Sun-Times

Sick of $6 a gallon for gas? The state will give you money to buy an electric car

As gas prices soar, Illinois residents can apply for up to $4,000 in rebates for electric vehicles as part of a new climate-fighting clean energy law.

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news in one place.

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Los Angeles Times

Fourth of July weekend travelers head out despite crowds, high gas prices

Despite soaring gas prices and the threat of delayed or canceled flights, experts are predicting travelers will be out this holiday weekend at levels not seen since before the pandemic, and in some cases, at record highs.

Los Angeles Times

New California gas tax hits Friday, bringing higher pump prices

LOS ANGELES — Californians contending with the highest gas prices in the nation will pay another 3 cents per gallon starting Friday due to the state's annual gas tax increase.

Tribune News Service

Neal Justin: TV lets you take the great American road trip without leaving home

High gas prices aren't keeping us from hitting the open road. According to the Vacationer, a trip-planning website, roughly 80% of Americans are vacationing by car this summer, up nearly 20% from last year.

Tribune News Service

Motorists get slight break as skyrocketing gas prices inch down. Don’t expect it to last

Motorists are getting a small but welcome break as gas prices take a pause in their steady upward march.

The Independent UK

Drivers to pay higher gas prices for ‘as long as it takes’ for Ukraine to win, Biden says

‘The bottom line is ultimately the reason why gas prices are up is because of Russia. Russia, Russia, Russia’

The Independent UK

Cost of living: How can the UK government help reduce energy bills?

Rishi Sunak under fire for not doing more to help households tackle climbing costs

The Street

Exxon, Others May Benefit From LNG Strength: Wells Fargo

Natural gas prices recently reached 13-year highs amid the Ukraine-Russia war. And Wells Fargo analysts believe the strength will continue.

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