US emergency oil supply shrinks to 40-year low

Proponents of releasing barrels from the emergency stockpile say it increases oil supplies and reduces prices at the pump. Critics say it's a short-term fix.

Gas prices climb 9 cents in a week: AAA Texas

The statewide average in Texas is $3.20 a gallon for regular unleaded, up nine cents from last week and up 35 cents from last year.

OPEC+ approves sharp cut in oil output; gas prices could rise

OPEC+ said the decision was based on the “uncertainty that surrounds the global economic and oil market outlooks.”

Circle K gas is 40 cents off per gallon on Sept. 1 ahead of Labor Day travel

Traveling this weekend? Drivers can get 40 cents off of gas on Thursday, but only during a certain time. Here’s what you need to know to save on fuel.

Gas prices drop below $4 again, AAA says

Gas prices slid back below $4 per gallon last week as demand continues to fall, according to AAA.

Average US gasoline price falls 45 cents to $4.10 per gallon

The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.

Gas prices coming down but inflation will likely stay high

Americans may finally be catching a break from relentlessly surging prices — if just a slight one — even as inflation is expected to remain painfully high for months.

Gas prices drop amid wavering consumer demand, AAA says

Gas prices fell last week as consumer demand dropped from last year, and this downward trend could continue in the coming weeks, according to AAA.

US inflation reached 9.1% in June, a new 40-year high

U.S. consumer prices soared 9.1% compared with a year earlier, the government said Wednesday, the biggest 12-month increase since 1981.

'It's worth it': Georgia gas station loses nearly $12K selling discounted gas

The Georgia gas station dropped the price to less than $2 a gallon for customers on the Fourth of July. The owner says he lost nearly $12,000 in just three hours, but it was worth it to see the smiles on his customers' faces.

Biden calls for 3-month suspension of gas and diesel taxes

Biden wants to suspend the 18.4 cents-a-gallon tax on gas and 24.4 cents-a-gallon on diesel fuel, administration officials say. Prices are averaging about $5 a gallon nationwide.