Gas Prices

Experts are examining the possibility of gas prices falling if companies construct oil routes that bypass the Strait of Hormuz. While planned alternatives could help address an oil shortage, some experts warned that significant risks remain.

The article discusses whether gas prices might fall if companies construct oil routes that bypass the Strait of Hormuz. Although planned alternatives could mitigate an oil shortage, experts cautioned that significant risks also remain.

Experts questioned whether gas prices might fall if companies construct oil routes that bypass the Strait of Hormuz. While planned alternatives could address potential oil shortages, experts cautioned that significant risks remain associated with these proposed plans.

Some experts suggest that if companies build oil routes bypassing the Strait of Hormuz, gas prices may fall. While planned alternatives could help address an oil shortage, some sources caution that significant risks still abound.

The two candidates for California governor, Becerra and Hilton, presented policy agendas covering AI, gas prices, and healthcare in Sacramento. Both candidates made sweeping and vague promises while also belittling their rival's plans.

Two candidates for California governor, Becerra and Hilton, offered policy agendas regarding AI, gas prices, and healthcare. The article states that these proposed agendas were sweeping and vague, noting that both candidates arrived in Sacramento and quick to belittle their rival's promises.

Trump is demanding Exxon and Chevron reduce gas prices, citing soaring profits linked to the Iran war. The International Energy Agency has labeled the Strait of Hormuz disruption as the largest supply disruption in global oil market history.

McDonald’s reported a strong second-quarter profit of $2.36 billion and announced Skye Anderson as the new president of McDonald’s USA. U.S. same-store sales rose 0.8%, though slower than the previous year, while global sales increased 1.3%. The company cited high gas prices and consumer concerns about the U.S.-Iran conflict as challenges.

McDonald’s reported a strong second-quarter profit of $2.36 billion, surpassing analyst expectations, and appointed Skye Anderson as president of McDonald’s USA. Revenue increased to $7.1 billion, though slightly below estimates, with U.S. same-store sales rising 0.8% amid concerns over high gas prices and consumer anxiety.

McDonald's reported a second-quarter profit of $2.36 billion with earnings per share of $3.38, exceeding analyst expectations. The company named Skye Anderson as president of McDonald's USA amid cautious U.S. consumer spending and rising gas prices.

McDonald's reported a strong second-quarter profit with $2.36 billion earnings, a new chief for U.S. operations, and global same-store sales up 1.3%. U.S. same-store sales grew 0.8%, down from 2.5% a year earlier, as high gas prices and consumer anxiety impacted sales.

Donald Trump's decision to go to war with Iran in February caused gas prices to rise above $3.50 per gallon, with prices recently exceeding $4 a gallon after the conflict resumed. Even if a cease-fire occurs, low oil reserves, reduced refining capacity, and a widened crack spread will keep gas prices high through November, harming Trump's approval and Republican midterm prospects.

President Trump has managed to keep oil and gas prices relatively stable through promises of ending the Iran conflict, but his influence on markets is waning as global oil supplies dwindle and midterm elections approach. Energy markets remain unresponsive to his shifting policies, raising concerns about Republican electoral prospects.

Michigan gas prices increased by 13 cents in the past week, with motorists now paying an average of $65 for a full 15-gallon tank. This represents a $14 rise compared to 2025's highest price recorded last August.

Michigan gas prices increased by 13 cents in the past week, reaching an average of $4.36 per gallon. Motorists are paying an average of $65 for a full 15-gallon tank of gasoline.

Michigan's Republican primary for governor is contentious between Rep. John James and Perry Johnson, with grassroots support for Johnson and personal attacks. The primary is set for Tuesday, with Jocelyn Benson as the likely Democratic nominee, amid challenges like gas prices and previous election losses.

Oil companies are experiencing increased profits as tensions with Iran drive up gas prices and negatively impact global economies. The article highlights the financial benefits to the energy sector amid the geopolitical conflict.

California drivers are experiencing lower gas prices, offering a break from previously high costs. The state may see some of its cheapest fuel prices in certain areas.

Los Angeles gas stations are still offering cheaper gas despite significant price increases since last year. The article describes the current gas price surge as 'highway robbery,' highlighting public frustration with rising costs.

Michigan gas prices increased by 10 cents overnight, averaging $4.37 per gallon. This marks a 30-cent rise compared to the same period last month.

Hawaii's gas prices are increasing slightly and now rank second highest in the nation. Drivers in Hawaii continue to pay some of the highest gasoline prices in the country.

Ralph Norman is leading a competitive race for South Carolina's Senate seat, with 25% of respondents undecided. The poll also notes that Donald Trump is being blamed for high gas prices.

California gas prices are expected to rise significantly this summer, with certain counties facing the most severe impacts. The state is already experiencing some of the highest gas prices in the nation.

The article highlights the importance of regional transit in reducing poverty and expanding employment opportunities for low-income residents in Wayne County. It advocates for the Wayne County Public Transit Millage on August 4 to fund expanded DDOT and SMART services, emphasizing transit as a critical economic and social infrastructure.

Americans' confidence in the U.S. economy declined in July as rising gas prices, driven by escalating U.S.-Iran conflict, reduced consumer sentiment. The Conference Board reported a drop in its consumer confidence index to 90.8, with worsening views on current business and labor market conditions.

Americans' confidence in the economy dropped in July as rising gas prices, driven by U.S.-Iran tensions, reversed earlier gains. The Conference Board reported a decline in consumer confidence to 90.8 from 92.2, with worsening views on current business conditions. Iran's closure of the Strait of Hormuz after attacks in late February accelerated inflation, reducing inflation-adjusted incomes.

Oil prices dropped 7% to a one-week low due to a U.S. pause in airstrikes against Iran, but Denver metro gas prices remain above $4 per gallon, with wholesale gasoline prices down only 2%. Analysts attribute the lag to Ukrainian attacks on Russian oil refineries reducing global refining capacity and ongoing disruptions from hurricane season.

Families plan to spend $130 less on back-to-school shopping this year, with average spending expected to be $611, driven by rising living costs like gas and groceries. NerdWallet personal finance expert Sara Rathner advises reusing supplies, comparison shopping, and leveraging tax-free weekends to save, while 43% of parents might go into debt to help children fit in at school.

Average gas prices in Baton Rouge increased by over 10 cents per gallon in the last week, reaching $3.63 per gallon on Monday, according to GasBuddy.

President Trump paused strikes against Iran due to concerns over dwindling interceptor stockpiles, as the administration faces internal divisions over the prolonged conflict. Iran has agreed to halt strikes if the US does the same, while advisers consider rising gas prices and voter disapproval ahead of midterms.

A Senator faced backlash for advising Americans to 'stand the pain' of gas prices amid criticism of Trump's Iran bombardment. The Senator was quoted as saying, 'You gotta kill a few chickens to scare the monkey,' implying harsh measures are necessary for political strategy.

The midterm elections are 100 days away, with Democrats optimistic about House races due to favorable polls and inflation concerns linked to gas prices, while Republicans see structural advantages in redistricting and Senate maps. Key battlegrounds include Iowa for the House and Maine for the Senate, with both parties highlighting strategic challenges and opportunities.

A Politico poll found that 3 in 5 U.S. adults believe gas prices in their area have increased more than the actual data shows, as ongoing conflicts in the Middle East influence pump prices.

A Politico survey found that approximately 3 in 5 U.S. adults believe gas prices in their area have risen more than actual data shows, amid ongoing Middle East conflicts influencing fuel costs.

California gas prices are rising daily, and experts warn that this surge is unlike previous ones. The article highlights the ongoing increase in fuel costs and the concern that this situation may have unique factors driving the trend.

Iran war and Trump tariffs are contributing to higher gas prices and renewed inflation risks. A Shell gas station in Palo Alto, California, is highlighted as an example of current fuel price impacts.

Louisiana gas prices have reached their highest level since summer 2022, with regular unleaded averaging $3.68 per gallon and diesel at $4.93. Rising prices are attributed to higher crude oil costs linked to the conflict in Iran, impacting individuals and businesses, including veterans and trucking operations.

Gas prices in the Bay Area continue to rise, with averages of $5.76 in San Francisco, $5.58 in Oakland, and $5.57 in San Jose according to a AAA weekly fuel report. Prices are climbing across California and the nation.

Costco maintains low gas prices, which drives record demand as higher gas prices prompt more Americans to seek savings. An expert attributes this strategy to 'straight out of the retail playbook.'

A POLITICO Poll analysis reveals that three in five Americans overestimate gas price increases in their area, with 46% citing gas prices as a factor in their midterm voting plans. Perceptions of higher gas prices could advantage Democrats and strain the GOP’s MAGA coalition, as Trump and non-MAGA Republicans show divergent views on cost increases.