gas

Gas Prices Headed to $4 but Hurricane Season Is a Pricing Wildcard

Gas Prices Headed to $4 but Hurricane Season Is a Pricing Wildcard

US average gas prices are headed to $4.00 a gallon, extending a recent run of price declines.  Gas prices have dropped for more than 50 straight days in the face of demand destruction after prices soared above $5 this year.  But a disruptive hurricane could propel prices upward again, said AAA and OPIS.  Loading Something …

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Gas prices: Why they're finally plummeting.

Gas prices: Why they’re finally plummeting.

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The inflation and price increases that broke us, from groceries to gas

The inflation and price increases that broke us, from groceries to gas

Peter Lewis recognizes that eggs aren’t the biggest expenditure in the world. But amid today’s levels of inflation, the price increase on the consumer staple really gets to him. “I tend to buy the same things every week, and for some reason, with eggs, I just eat a lot of them, and I notice the …

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Saudis thumb nose at Biden's request to boost oil output

Saudis thumb nose at Biden’s request to boost oil output

President Biden’s trip to Saudi Arabia was deemed a failure by analysts after oil-producing states announced Wednesday that they would boost output by just 100,000 barrels a day starting next month — a drop in the bucket compared to America’s vast energy needs. The Saudi-led Organization of Petroleum Exporting Countries and its allies announced the modest increase in supply following …

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Uber's business is booming even with high gas prices and inflation

Uber’s business is booming even with high gas prices and inflation

Uber (UBER) on Tuesday said its revenue hit $8.1 billion during the three months ending in June, more than doubling from the year prior as more customers turn to the ride-hailing service. The number of consumers and drivers using its platform are “at all-time highs,” the company said in its quarterly earnings report. Uber recorded …

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