Gas prices won’t drop anytime soon despite Strait of Hormuz reopening, EIA says
Ships will soon be sailing through the Strait of Hormuz again, and drivers across the country are all wondering when gas prices may return to where they were before the conflict with Iran began.
Ships will soon be sailing through the Strait of Hormuz again, and drivers across the country are all wondering when gas prices may return to where they were before the conflict with Iran began.
Rise in gas prices from Iran war could have helped inflation hit a 3-year high
U.S. inflation surged to a three-year high in part because of skyrocketing gas prices as consumer prices exceeded 4% in May’s overall inflationary spike.
U.S. inflation surged to a three-year high in part because of skyrocketing gas prices as consumer prices exceeded 4% in May’s overall inflationary spike.
Cars line up for $1.99 gas across Chicago: "It's a blessing"
Fox Chicago's Jake Hamilton checks out the line of cars swarming a gas station on the city's Northwest Side in pursuit of less than $2 a gallon.
Fox Chicago's Jake Hamilton checks out the line of cars swarming a gas station on the city's Northwest Side in pursuit of less than $2 a gallon.
Indiana extends gas tax suspension: 'Cheapest gas in the country'
Indiana Gov. Mike Braun announced an extension of the state's gas tax holiday through July 7.
Indiana Gov. Mike Braun announced an extension of the state's gas tax holiday through July 7.
US gas prices over 40% higher than last year after big jump in May
The pain drivers are feeling at the pump continued into May with the cost of gas rising for the fourth straight month. Prices now sit 42.2% higher than the same time last year, with most of the country experiencing an even larger increase over that time.
The pain drivers are feeling at the pump continued into May with the cost of gas rising for the fourth straight month. Prices now sit 42.2% higher than the same time last year, with most of the country experiencing an even larger increase over that time.
Expert analysis: Gas prices surge ahead of Memorial Day travel rush
With millions preparing for Memorial Day road trips and gas prices topping $5 a gallon in Illinois, GasBuddy analyst Patrick De Haan explains why another spike could be coming and how drivers can save at the pump.
With millions preparing for Memorial Day road trips and gas prices topping $5 a gallon in Illinois, GasBuddy analyst Patrick De Haan explains why another spike could be coming and how drivers can save at the pump.
Illinois gas prices spike again as pain at the pump worsens
Gas prices across Illinois have jumped another 70 cents in just a week, and Brian Jackson breaks down what’s driving the surge and how long drivers could feel the impact.
Gas prices across Illinois have jumped another 70 cents in just a week, and Brian Jackson breaks down what’s driving the surge and how long drivers could feel the impact.
Expert analysis: Gas prices surge nationwide as drivers feel pain at the pump
GasBuddy’s Patrick De Haan explains why gas prices are climbing so quickly, how today’s costs compare historically and when drivers could finally see relief if the war ends.
GasBuddy’s Patrick De Haan explains why gas prices are climbing so quickly, how today’s costs compare historically and when drivers could finally see relief if the war ends.
Illinois could see higher gas taxes on July 1 amid surging prices | The Chicago Report
As gas prices surge across the country, Illinois' motor fuel tax is set to increase again on July 1. Despite calls to suspend the gas tax, Gov. JB Pritzker has not been warm to the idea.
As gas prices surge across the country, Illinois' motor fuel tax is set to increase again on July 1. Despite calls to suspend the gas tax, Gov. JB Pritzker has not been warm to the idea.
How much will Illinois’ gas tax increase on July 1?
Illinois gas tax is set to increase again on July 1, despite prices spiking across the country.
Illinois gas tax is set to increase again on July 1, despite prices spiking across the country.
Trump says he aims to suspend gas tax amid high fuel prices
President Donald Trump said on Monday morning that he aims to suspend the federal gas tax for a period of time to help address high fuel prices.
President Donald Trump said on Monday morning that he aims to suspend the federal gas tax for a period of time to help address high fuel prices.
Trump administration open to suspending federal gas tax, Energy Secretary says
The Trump administration would consider suspending the federal gas tax to help ease some of the burden faced by U.S. drivers since the beginning of the Iran war, Energy Secretary Chris Wright said. However, doing so would only put a dent in the amount that prices have risen since the conflict began in February.
The Trump administration would consider suspending the federal gas tax to help ease some of the burden faced by U.S. drivers since the beginning of the Iran war, Energy Secretary Chris Wright said. However, doing so would only put a dent in the amount that prices have risen since the conflict began in February.
Gas prices surge in Illinois and Indiana, outpacing national average
GasBuddy analyst Patrick De Haan explains why fuel costs are climbing faster in the Midwest and what rising gas and diesel prices could mean for consumers and everyday expenses.
GasBuddy analyst Patrick De Haan explains why fuel costs are climbing faster in the Midwest and what rising gas and diesel prices could mean for consumers and everyday expenses.
Chicago gas prices surge as drivers pay hundreds to fill up
With average gas prices nearing $5.50 in Chicago, drivers are feeling the strain as they spend significantly more at the pump.
With average gas prices nearing $5.50 in Chicago, drivers are feeling the strain as they spend significantly more at the pump.
Gas prices spike to near $6 in Chicago, drivers feel the pinch
The price of gasoline spiked this week, up by as much as 20 cents more per gallon.
The price of gasoline spiked this week, up by as much as 20 cents more per gallon.
Hegseth grilled by lawmakers amid Iran war, rising gas prices
Secretary of War Pete Hegseth faced Congress again today amid the Iran conflict.
Secretary of War Pete Hegseth faced Congress again today amid the Iran conflict.
Iran War tensions drive gas prices higher as UAE moves to exit OPEC
As conflict with Iran continues to disrupt global oil supply and push gas prices to four-year highs, the UAE plans to leave OPEC and boost production, a move that could eventually ease costs.
As conflict with Iran continues to disrupt global oil supply and push gas prices to four-year highs, the UAE plans to leave OPEC and boost production, a move that could eventually ease costs.
Diesel price surge could hit consumers harder than gas amid Middle East tensions
Gbenga Ajilore explains how rising diesel costs tied to the U.S.-Israel-Iran conflict could drive up prices on everyday goods, from food to shipping, and why the impact may outpace gasoline increases.
Gbenga Ajilore explains how rising diesel costs tied to the U.S.-Israel-Iran conflict could drive up prices on everyday goods, from food to shipping, and why the impact may outpace gasoline increases.
Expert analysis: Will gas prices stay high into 2027?
As uncertainty around the Strait of Hormuz and stalled peace talks rattle markets, analysts warn that prolonged conflict could keep gas prices elevated, disrupt global supply chains, and deepen economic strain well into next year.
As uncertainty around the Strait of Hormuz and stalled peace talks rattle markets, analysts warn that prolonged conflict could keep gas prices elevated, disrupt global supply chains, and deepen economic strain well into next year.
Trump admits gas prices could remain high through November elections
President Donald Trump acknowledged in a Sunday interview that gas prices may rise after peace talks between the U.S. and Iran to end the ongoing war stalled.
President Donald Trump acknowledged in a Sunday interview that gas prices may rise after peace talks between the U.S. and Iran to end the ongoing war stalled.