President Biden escalated a war of words with Chevron CEO Michael Wirth Tuesday after the country’s second-largest oil company rejected the president’s “political rhetoric” about high gas prices. “He’s mildly sensitive. I didn’t know they’d get their feelings hurt that quickly,” Biden said at the White House when a reporter asked about Wirth’s rebuttal. “We … Read more
new York CNN Business — US drivers got a slight — very slight — break on prices this weekend as the AAA average for a gallon of unleaded gas fell below the $5 mark. The average price Sunday was $4.98 a gallon, down from $4.99 in Saturday’s reading. The average gas price had been $5 … Read more
American motorists are driving on empty. Skyrocketing gas prices have led to a surge in drivers left stranded on the road because they only have enough money to partially fill up their tanks, according to new data. The automobile club AAA serviced 50,787 out-of-gas calls in April, a 32% increase from the same month last … Read more
new York CNN — The gas price spike keeps getting worse. The national average jumped to $4.87 a gallon on Monday, according to AAA. That’s up 25 cents in the past week and 59 cents in the past month. There are now 10 states where the average price of gasoline is $5 a gallon or … Read more
New Yorkers paying five bucks a gallon for gasoline may think things can’t get much worse — but in one California town people are shelling out nearly double that for a fill-up A Chevron station in the coastal village of Mendocino about 175 miles north of San Francisco was charging $9.60 a gallon for regular … Read more
Americans hitting the road on Memorial Day weekend were greeted by record-high gas prices as the average cost of a gallon of fuel hit $4.62 nationwide. Motorists in California were feeling the strongest pinch Monday, with some gas stations in parts of Los Angeles, the San Francisco Bay area and the Yosemite region charging in … Read more
new York CNN Business — Prices at the pump continue to shatter records ahead of Memorial Day weekend. The national average for regular gas hit a fresh record of $4.48 a gallon Monday, according to AAA. That marks an increase of 15 cents in the past week and 40 cents in a month. Gas prices … Read more