The Biden administration has recommended an overhaul of the nation’s oil and gas leasing program to focus on areas that are most suitable for energy development and raise costs for energy companies to drill on public lands and water.
The move is an effort to bring down rising gas prices.
Phil Flynn from the PRICE Futures Group explains why gas prices are going up and what the fuel cost outlook is going into the holidays.
There are bi-partisan calls for public hearings on the giant increases in heating costs that are looming for Illinois residents.
Hurricane Ida could create a "nightmare" scenario for national gas prices, according to a market analyst.
Gas prices around Chicago keep climbing.
AAA spokeswoman Molly Hart predicts travel will reach pre-pandemic levels this holiday weekend as millions are expected to be back in airports and on the roads.
Illinois drivers will see an increase in the state motor fuel tax rate; gasoline will go from $0.005 per gallon to $0.387 per gallon starting Thursday.
If you’re taking your car for a holiday getaway this Independence Day prepare for some of the highest gas prices we’ve seen all year.
An SUV caught fire Wednesday, moments after investigators said the driver filled up several containers of gasoline at a Homosassa gas station.
Drivers were shocked when they got to the pump at a gas station in Virginia.
Despite the beginnings of a panic-buy induced shortage, there shouldn't be a problem filling up your gas tank.
AAA says drivers will temporarily see higher gas prices as much of the country thaws out from last week’s brutal winter weather.
The average U.S. price of regular-grade gasoline increased by 2 cents over the past two weeks, to $2.24 per gallon.
The report from the Illinois Economic Policy Institute concluded that road travel has dropped by nearly half and the state could lose $296 million to $559 million this year as a result.
One gas analyst says the national average price could soon dip below $2 a gallon, with some stations potentially charging as little as 99 cents.
Brent crude, the international standard, lost $9.50, or 20.1%, to $35.77 per barrel, as of 7:58 p.m. Eastern time on Sunday after earlier touching its lowest price since 2016. Benchmark U.S. crude fell $8.64 to $32.64.