GAS PRICES

Expert breaks down impact world politics have on US gas prices

Prices have increased faster than at any other point in four decades. The cost of gasoline rose an average of 48.7 % in the past year. Airline tickets are up 45.9%, used cars and trucks nearly 38%, eggs 32.2%.

High gas prices are being passed on to consumers in a variety of ways, and now, consumers are feeling the squeeze everywhere.

The current national average is $4.62 a gallon, according to AAA.

With inflation hitting a 40-year high and soaring gas prices, the pain consumers are feeling is palpable.

Many people are feeling the pain at the pump and pain all around.

Late Thursday night, the City of Houston ran into a problem at the pump.

The statewide average for a gallon of unleaded gas hit a new statewide average record on Friday of $4.11, according to AAA.

Inflation is the topic of the month in our solutions journalism show, “Solutionaries.”

With higher gas prices lingering, some drivers are trying to squeeze every drop out of their tanks before filling up. For some drivers, that means driving until their gas gauge hits “E,” and then some. However, AAA officials say that’s a bad idea.

Inflation is a word that fills many with dread. A recent Harris Poll found that 55% of Americans are worried about inflation and what it will do to their cost of living.

If you’ve been to the gas pumps lately, or even listened to any news outlet, you’re likely well aware that gas prices are at a painful high.

Tuesday, the nationwide average price for a gallon of unleaded gas reached a new record high, according to GasBuddy.com.The price, $4.104, eclipsed the previous high set in 2008 by 1/1000th of a penny, but is not adjusted for inflation.

We asked and you had a lot to say about the impact of rising gas prices on your lives. Here are some of the messages you shared with us via our submission form here.

Gas prices are rising as the Ukraine-Russia conflict deepens. Let us know what you think about what’s happening in our submission form below.

According to data from globalpetrolprices.com, 46 countries has gas prices that are $6 a gallon or more, 26 have prices that are at least $7 a gallon while nine countries have gas prices that are $8 a gallon or more.

Summer travel is right around the corner and gas prices are on the rise again.

Gas prices in Florida continued to skyrocket in the last week, climbing to the highest they’ve been in the last eight years.

Residents in the Lone Star State are lucky enough to pay less on unleaded gasoline than the national average, according to a report by AAA.

Hurricane Ida may bring temporary gas price volatility to many Texas drivers, according to the AAA Texas Weekend Gas Watch.

Hurricane Ida may lead to a hike in gas prices after it slammed into the Louisiana Gulf Coast Sunday.

The return of American travel, and whether the industry can readjust to pre-pandemic levels, comes as daily infection numbers in the country are at their lowest since March 25, 2020, according to a Washington Post database.

Kansas City’s prices are the lowest among the major cities in Missouri.

Gas prices rise as travel increases across U.S. More people are hitting the road as COVID-19 restrictions are rolled back, but gas prices are at their highest since 2019. Errol Barnett takes a look.

HOUSTON Texans who take a road trip to celebrate Labor Day this weekend will enjoy some of the cheapest gas prices in more than a decade. According to AAA Texas, the statewide average price for a gallon of gas on Thursday morning was $1.91. Texas pump prices are setting up to be the cheapest for a gallon of regular unleaded on Labor Day since 2004, said Daniel Armbruster, of AAA Texas. Texas drivers are paying the second-lowest prices in the country for gasoline, according to AAA. AAA said San Antonio has the cheapest average price in the state at $1.81 per gallon, while Odessa has the highest at $2.13 per gallon.

App description

Gas prices are increasing, but they're still at the lowest level for Memorial Day weekend in more than a decade. CBS News MoneyWatch's Jill Wagner has that story and other business headlines on CBSN.

Gas usually increases in price as refiners switch over from their spring to summer blend, but this year's price hike was especially sharp. As Jericka Duncan reports, gas prices are up 57 cents since January.

Gas prices back on the rise Gas prices in southern California spiked a record 79 cents in one month. Nationwide, gas prices had been dropping -- but have now risen for 32 straight days. Ben Tracy reports.

Why gas prices are inching back up Gas prices rose to $2.07 per gallon overnight, the eighth straight day of increases. Anthony Mason joins "CBS This Morning" to discuss if the days of $2 gas are over.

Falling gas prices may fuel Holiday shopping Retailers are expecting the Holiday shopping season to be more active than last year, as falling gas prices will add an extra $40 billion into Americans' pockets. Jericka Duncan reports.

Why are gas prices at a four-year low? Since late June, the price of gasoline has fallen to a nationwide average of $3.04 -- the lowest in four years. Don Dahler reports on the cause and effect.