Why Gas Prices are So High and What We Can Do About itDiana Marmorstein
President Joe Biden has called for an investigation into persistently high gasoline prices. With the average price of gas around the U.S having climbed to $3.17 a gallon, Mr. Biden suggested that pandemic "profiteers" might be to blame. "There's lots of evidence that gas prices should be ...
Here’s how gas prices compare today: The average regular gas price in the U.S. as of Jan. 9 is $3.069 per gallon, according to AAA, which tracks gas prices. The price is up slightly from the average recorded a month ago at $3.018. The price a year ago was $3.078. At the ...
Gas prices arehitting record highsalmost daily, causing financial pain at the pump for millions of Americans. But it's also spurring questions about why fuel is so expensive — and who's to blame. Consumers are also wondering when they might see some relief. Not surprisingly, soaring gas pri...
In today's world, people spend a lot of money on appearance because they want to look younger. Why does this happen? Do you think this is a positive or negative development? Give reasons for your answer and include any relevant examples from your own knowledge or experience. Write at least...
It seems like 2022 is the year of high gas prices. No matter how high they go..they just keep going up. According to the American Automobile Association, the average price for a gallon of regular unleaded on Friday in the United States was right at $5 per gallon. Wyoming was a little...
The most obvious reason for a high gas bill is cold weather. If it’s been a colder winter than usual, it’s likely that there will have been more heating usage. If your heating is not working, then you may need to contact someheating servicesto get the needed repairs done. Additionall...
The run-up in consumer prices has raised the specter of a return to the “stagflation’’ of the 1970s. That was when higher prices coincided with high unemployment in defiance of what conventional economists thought was possible. Yet today’s situation looks very different. Unemployment is rela...
Unfortunately, it doesn’t look like gas prices are going to head much lower anytime soon. The war in Ukraine shows no sign of ending, global oil demand is straining available supply, andWall Streetwants publicly traded energy companies to grow their production slowly so that they can keep ...
European motorists pay very high gas taxes, but as the euro has declined, European gas prices have escalated even faster than in America. When oil cost $142 at the peak, that translated to €99. They’re paying almost that many euros to buy a barrel of today’s $125 crude, which is...