Israel-Iran Conflict Sparks Oil Price Surge
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California drivers are bracing for a double-whammy at the pumps as stricter clean air regulations and an increase in the state’s gas excise tax are set to take effect on July 1, which could send fuel prices soaring.
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The Star Press on MSNMidwest region gas prices essentially unchanged from last week: See how much hereThe average fuel price in the Midwest region slightly declined about 1 cents since last month. According to the EIA, gas prices across the region in the last year have been as low as $2.81 on Dec. 9, 2024, and as high as $3.48 on July 29, 2024.
Even as Washington's latest carbon auction generated $322 million for the state – bringing total revenue to nearly $3.2 billion since the cap-and-trade program took effect in January 2023 – critics say the state Department of Ecology is not being upfront about the program’s impact on fuel prices.
The average fuel price in state rose about 8 cents since last month. According to the EIA, gas prices across the state in the last year have been as low as $3.75 on Dec. 30, 2024, and as high as $4.29 on June 10, 2024. A year ago, the average gas price in Washington was 2% lower at $4.11 per gallon.
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Scripps News on MSNSummer travel costs down as gas prices hit lowest levels since 2021As summer travel season starts to heat up, drivers are in for a pleasant surprise: gas prices are at their lowest point since 2021.
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Gas prices are ticking down in most states, including Oregon. Refineries are cranking out plenty of product for the summer driving season. However, the price of crude oil has climbed above $65 per barrel,
"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne Woodland, a AAA auto club spokeswoman, said. "If demand drops, alongside low crude oil prices, pump prices may continue to fall."
"Both of the parties have no interest in solving this problem, because they use that to raise money," the former California governor says The post Arnold Schwarzenegger Mocks Politicians for Being Surprised Voters Are ‘Using Our Middle Finger’ With Protests | Video appeared first on TheWrap.