Why airfares may stay high even if fuel prices decline, according to an airline

Airfares may remain elevated even if fuel prices decline, as airlines work to offset higher operating costs and recover ticket prices after years of pandemic-related disruptions.

President Trump considering suspending federal gas tax

President Donald Trump said Tuesday he is considering suspending the federal gasoline tax as soaring fuel prices threaten Republicans ahead of November’s midterm elections. 

Map: These states have suspended or reduced gas taxes

States across the country are taking steps to ease the impact of rising gas and diesel prices, including suspending or reducing fuel taxes and temporarily expanding access to tax-exempt diesel.

Trump eyes red-dyed diesel as fuel prices soar: What is it?

The White House is considering expanding sales of red-dyed diesel, a tax-exempt fuel typically used for farming and construction equipment, as diesel prices reach record levels.

Gov. Greg Abbott declares statewide emergency over soaring diesel prices in Texas

Gov. Greg Abbott issued a disaster proclamation for all 254 Texas counties on Monday as record diesel prices and fuel shortages threaten agriculture and freight.

Gas prices are climbing again with no end in sight, experts say: Here's why

Gas prices shot up 25 cents a gallon overnight in some parts of the U.S. this week, and experts say they could go up even more in coming weeks.

Diesel prices hit record high in Texas, putting pressure on truckers and consumers

Diesel prices have hit a record high in Texas, topping $6 a gallon and putting a significant financial strain on truck drivers and small trucking companies.

Record diesel prices top $6 a gallon — what it means for your wallet

U.S. diesel prices reached a record average of nearly $6.06 per gallon Friday as escalating fighting between the U.S. and Iran disrupted global oil supplies.

Oil hits $100 a barrel while Iran War continues
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Many consumers are focused on oil prices, as they worry about how much they'll have to pay at the pump. Several factors are impacting oil prices and the U.S. supply, including the ongoing conflict in Iran. Tom Seng, assistant professor of professional practice in energy finance at Texas Christian's Neeley School of Business discusses with Good Day Austin's Dave Froehlich.

National average price for diesel reaches all-time high at $5.85 a gallon

The national average price of diesel gasoline has hit a new all-time record high in the U.S. on Friday, rising to an average of $5.85 a gallon.  

Trump slams Exxon, Chevron for making 'too much money'

President Donald Trump criticized Exxon and Chevron after both organizations posted high quarterly earnings amid the ongoing conflict between the United States and Iran.

Oil prices ease after US and Iran pause military strikes

Oil prices pulled back this weekend as tensions eased in the Middle East. This comes as both the United States and Iran held off on military actions.

US average gas price rises above $4 a gallon again

Drivers are feeling a financial squeeze at the pump as the national average for a gallon of gasoline went over $4. The surging price eclipses last year's average, which had settled slightly over the $3 mark.

Texas gas prices well below national average ahead of July Fourth travel

Texas gas prices are well below the national average as travelers gear up for Fourth of July holiday travel, according to the American Automobile Association.