All articles tagged with #gas prices
December 2025 inflation rose 2.7% from a year earlier as gas prices fell 0.5% month-to-month, but grocery prices jumped 0.7% and housing costs edged higher—the largest contributor to the monthly increase—leaving inflation above the Fed's 2% target and shaping expectations for policy moves.
Gas prices in the US are expected to be at their lowest since 2020 in 2026, averaging around $2.97 per gallon, due to increased supply and declining oil prices, providing relief amid ongoing inflation concerns, despite potential geopolitical risks.
Gas prices in the U.S. are at a five-year low, with the national average dropping to $2.83 per gallon, but Pennsylvania remains among the ten most expensive states for fuel, averaging $3.05 per gallon, despite recent decreases.
The 2025 economy remains surprisingly steady with consistent consumer spending, business investment in AI, stable gas prices near $3, low unemployment around 4%, and Americans saving about 5% of their income, despite some challenges.
Gas prices in the U.S. are at their lowest for the year, with the national average below $3 per gallon since December 2, easing consumer costs during the holiday season, despite ongoing inflation concerns and regional price disparities.
Former Obama economic advisor Jason Furman comments on the paradox of low gas prices and declining consumer confidence under Trump, highlighting conflicting economic signals such as strong GDP growth and rising unemployment, which complicate the perception of economic health and recovery.
This holiday season, U.S. drivers are benefiting from the lowest gas prices since 2020, with the national average below $3 per gallon, driven by strong supply and mild crude oil prices, providing relief amid ongoing inflation concerns.
Gas prices in the U.S. have fallen to four-year lows, averaging below $3 per gallon, leading to a record number of holiday travelers, mostly by car, and potentially easing inflation pressures during the holiday season.
While U.S. gas prices are falling to their lowest since 2020, D.C. remains among the top ten most expensive markets at $3.17 per gallon, despite increased supply and low crude oil prices; Maryland offers relatively affordable EV charging at 32 cents per kWh.
The article reports that core inflation has reached its lowest level in nearly five years, with prices for various goods and services falling and wages rising, indicating a strong economic recovery under President Trump, contrary to expectations and previous inflation concerns.
President Trump claims the U.S. economy is strong and downplays economic concerns, criticizing media narratives and highlighting falling energy costs, while defending his administration's policies and projects.
Gas prices in the US have dropped to around $3.05 per gallon, the lowest since May 2021, driven by increased oil supply, lower demand, and geopolitical stability, with projections suggesting prices may fall further to $3 soon.
Gas prices in the US have fallen to a four-year low, averaging $2.98 per gallon, attributed to increased American energy production under President Trump, with prices expected to stay below $3 for the near future, providing relief to consumers nationwide.
Despite claims from Trump and the Fed that inflation is under control, prices for groceries and coffee have risen significantly, and inflation remains above the Fed's target, raising concerns about confidence and economic stability amid ongoing tariffs and supply chain issues.
A fire at Chevron's El Segundo refinery, a major supplier of fuel in Southern California, is expected to cause a spike in gas prices depending on how long the refinery remains offline. The incident occurs amid ongoing refinery closures and policy shifts in California, which could further impact fuel supply and prices in the region.