In 1990, gas prices were an average of $1.15 a gallon for regular unleaded, or $1.89 a gallon adjusted for inflation. The prices rose from an...
Gas prices this Fourth of July are expected to be the highest in four years because of the rising cost of oil. One reason for the increase is a smaller-than-expected production boost by OPEC, the group of oil producing nations. Patrick DeHaan, head of pe
The annual inflation rate for housing and household services was 5.6% in the year to January 2025, down from 6% in December 2024. This decrease was mainly due to a downward cost of gas and electricity. Gas prices rose by 1.3% between December 2024 and January 2025, having risen by 6.8%...
Last week U.S. gas prices hit a record high, which adds to the cost of just about everything we buy. But is the Russian invasion of Ukraine – and the U.S. ban on Russian oil – to blame? Not entirely, correspondent David Pogue learns, as he checks with
He pointed to an increase in wholesale gas prices across Europe as being behind the rise. What is the energy price cap? In case you need a quick reminder, the energy price cap is controlled by Ofgem and aims to prevent households on variable tariffs being ripped of...
What can government do about gas prices? Not much, it says; Price could hit $3 per gallon by end of summerASSOCIATED PRESS
Gas prices for the Ethereum blockchain are influenced by network demand. Ethereum gas fees can be volatile and prohibitively expensive. What is Ethereum gas? Ethereum gas is what users pay to process transactions or usesmart contractson the Ethereum network. Ethereum gas is denominated in gwei...
Distributors and marketers have, like suppliers, come under fire for their alleged role in manipulating gas prices. The FTC states that it remains committed to opposing mergers and keeping the oil and gas industry competitive. At the same time,oil and gas companiesspent nearly $234 billion on M...
Also, around this time, Lay sold 93,000 shares of Enron stock for roughly $2 million while telling employees via e-mail to continue buying the stock and predicting significantly higher stock prices. In total, Lay was eventually found to have sold over 350,000 Enron shares, with total procee...
These taxes are typically paid by businesses but are passed on to consumers in the form of higher prices. Excise taxes can be ad valorem (paid by percentage) or specific (cost charged by unit). "Sin taxes" are a type of excise tax aimed at products like alcohol and tobacco that carry ...