Ohio gas prices continue to plummet, dropping more than 50 cents in the past month and more than $2 from an historical high two years ago.
According to the American Automobile Association, the state’s average price per gallon is $2.97 for the first time in nearly a year.
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The Biden administration is selling off a million barrels of gasoline from an emergency reserve in a deliberate effort to cut prices ahead of the upcoming holiday weekend.
The Department of Energy (DOE) announced that it has awarded contracts to five energy companies to purchase the barrels the administration is releasing from the Northeast Gasoline Supply Reserve (NGSR), which is part of the federal Strategic Petroleum Reserve (SPR) system. The NGSR releases are intended to “help lower gas prices ahead of the Fourth of July holiday,” according to DOE.
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The Biden Administration announced Tuesday that it would release 42 million gallons of gasoline from the Northeast Gasoline Supply Reserve. The release, the Department of Energy explained, is “strategically timed and structured to maximize its impact on gas prices.” This will, according to the DOE, help lower prices at the pump during the summer months when prices tend to go up along with demand.
The Northeast Gasoline Supply Reserve was created in 2012 following Superstorm Sandy, which damaged two refineries and shut down 40 terminals in New York Harbor. Some New York gas stations went as long as 30 days without a supply of gasoline as a result of the supply disruption. The Obama administration established the gas reserve to prevent such a shock from happening again.
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California gas prices could rise by at least $1.11 per gallon by 2026 if the California Air Resources Board adopts amendments to its low carbon fuel standard program, CARB says. The LCFS amendments proposed at the end of 2023 would phase-out credits for turning manure into renewable natural gas, ending that business, and add jet fuel to LCFS purview, increasing flying costs for every flight that starts or ends in California even if the fuel was purchased elsewhere. Because so much of America’s imports come in through California, the LCFS amendments would raise the costs of goods for every American.
LCFS uses a system of credits and deficits to reward or punish producers that make fuel better or worse than the rising “clean” standard.” Current LCFS guidelines call for a 20% reduction in carbon intensity by 2030 compared to 2010, while the proposed amendments call for a 90% reduction by 2045, including significant step-downs starting in 2025 that would result in major fuel cost increases starting that year.
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President Joe Biden has long had a history of telling bizarre, incomprehensible narratives while attempting to relate to his audiences. He has also, repeatedly, reiterated long-debunked stories such as the nature of his son’s death, his alleged arrest as a civil rights marcher and even his claim to have been a truck driver.
But he and the White House have further taken to regularly misrepresenting statistics when discussing the performance of the U.S. economy, an issue on which he faces considerable scrutiny from the public and scores poorly in many polls.
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Gas prices have been elevated in recent months heading into summer, when prices are expected to rise even more.
According to AAA, the average national price for a gallon of regular unleaded gasoline is $3.65 per gallon, up from $3.59 a month ago. The prices have fluctuated in recent days and are lower than the all-time high of $5.02 in the summer of 2022. However, prices overall have risen significantly this year and are on pace to rise more in the summer months.
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Gas prices are steadily rising around the U.S. again, leaving many cash-strapped Americans struggling to keep up.
According to AAA, the current average price for a gallon of regular-grade gas nationally is $3.63. That is a sharp increase from $3.39 just one month ago. Crude oil prices have risen steadily over the last 30 days, from about $77 per barrel to $85 per barrel.
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After a short reprieve gas prices in Tennessee are once again on the rise, defying traditional patterns.
Monday’s average gas price per gallon in the Volunteer State was $3.09 per gallon, up from $3.07 a week ago, according to the American Automobile Association (AAA).
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The Biden administration is expected to ease seasonal restrictions on ethanol-gasoline blends but has delayed the change until after the 2024 election to avoid a price spike, according to Reuters.
The rule change stems from a 2022 request from the governors of Illinois, Iowa, Minnesota, Missouri, Nebraska, Ohio, South Dakota and Wisconsin to allow the sale of gasoline with 15% ethanol year-round, known as E15 gasoline, lifting current seasonal restrictions that aim to reduce smog in the summer months, according to Reuters. The Environmental Protection Agency (EPA) had originally set an effective date of April 28, 2024, for the changes when the agency sent the proposal to the White House in December, but that is now expected to be pushed back to 2025.
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Anyone still wondering why voters trust former President Trump more than President Biden on the economy should read what the White House posted on X about inflation last week: “Ahead of the holiday season, costs are down for everything from airline tickets and car rentals to toys and TVs.” Biden and his underlings continue to believe public disapproval of his disastrous economic performance can be improved with happy talk and cherry picked statistics. It assumes Americans can’t remember how much less the cost of living was when Biden was elected.
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Despite being hit by Category 3 Hurricane Idalia, gas prices in Florida have decreased by five cents going into the Labor Day weekend.
The average gas price in Florida was $3.69 per gallon of regular according to the American Automobile Association, down from $3.75 last week but four cents more than last month. The national average is $3.83.
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Today’s gas prices in Virginia are higher than a month ago but lower than a year ago and lower than the national average.
Unleaded regular is going for an average of $3.67 per gallon in the commonwealth; diesel for $4.19. The price is almost 30 cents higher than a month ago when gas was $3.41 per gallon, but it’s 20 cents less than today’s national average of $3.87.
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Minnesota gas prices keep creeping closer to the national average after jumping nearly 40 cents in the past month.
Minnesotans are paying an average of $3.81 a gallon as of Friday, according to the most recent figures provided by the American Automobile Association. The national average hit $3.84.
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On Tuesday, the Biden Administration deliberately chose to not refill the strategic petroleum reserve (SPR) after depleting it to combat a surge in gas prices last year.
According to the Daily Caller, the report from Bloomberg said that the administration considered it to be “too expensive” to refill the vital reserve supply, as the current price of a barrel of oil is roughly $80. The SPR is still at a record low level after Biden released at least 180 million barrels in 2022, in an effort to reduce historically high gas prices prior to the 2022 midterm elections.
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According to the American Automobile Association (AAA), gas prices across the Volunteer State have risen sharply over the past month.
As of Tuesday, the average price for a gallon of gasoline statewide is $3.43, AAA’s website says.
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Virginia’s price for a gallon of unleaded gasoline has risen nearly 30 cents in a month, half of that in just the last week.
The American Automobile Association’s daily tracking put the state average at $3.59 on Monday, up from $3.42 a week ago and $3.30 a month ago.
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Last week, gas prices reached an 8-month high in the U.S. at $3.714 per gallon, following a high volume of production cuts from OPEC. That number has since increased, which an analyst pinned directly on the ongoing heat wave taking place throughout the country.
On Monday, gas averaged $3.757 per gallon, up more than 16 cents from a week ago, according to AAA. Patrick De Haan, the lead petroleum analyst at the fuel savings site GasBuddy, explained how the heat wave contributed to this uptick.
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Lawmakers are raising concerns that the Strategic Petroleum Reserve, which President Joe Biden has relied on heavily since taking office, is getting dangerously low.
Gas prices hit record highs last summer, surpassing $5 per gallon nationally. To curb rising prices, Biden released more than 200 million barrels from the U.S. stockpile, bringing the reserves to the lowest point since 1984.
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Gas prices continue to rise this week in the U.S., hitting the highest level in months.
Now, the concerns and political ramifications for the Biden administration are starting to rise as well.
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A new report shows Ohioans have some of the highest gas price increases in the nation from 2022 to 2023.
Zutobi, an online drivers ed organization, analyzed fuel prices in every state and more than 170 countries to create its “Global Gas Prices Report” for 2023. The report shows the states with the cheapest and most expensive gas prices, along states that showed the most significant changes.
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American oil company Chevron nearly doubled profits from 2021 to 2022, posting record-breaking annual earnings of $35.5 billion, the company announced Friday.
The company’s 2022 profit was roughly one-third greater than its previous record, set in 2011, and came off the back of high gas prices, The Wall Street Journal reported. The company reported an annual revenue of $246.3 billion, up from $162.5 billion in 2021, and a fourth quarter profit of $6.4 billion, with revenue at $55 billion.
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The average price for a gallon of gas has fallen below what it was one year ago, and the White House is preparing to go on the offense politically as consumers see more money in their pockets ahead of the holidays. The administration argument? Thank President Biden.
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The average gas price in Tennessee continues to be lower than the national average, according to data from the American Automobile Association (AAA).
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The average national gasoline price during Thanksgiving will be at its highest level since 2012, according to estimates from the fuel-saving app GasBuddy.
Thanksgiving gas prices on average will hit $3.68 per gallon, almost 30 cents higher than they were during 2021 and more than 20 cents higher than the previous record of $3.44 a gallon set in 2012, according to a GasBuddy news release. Gas prices have reached record highs in 2022 due to increased post-pandemic demand, fuel-refining constraints and Russia’s invasion of Ukraine.
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When U.S. House of Representatives Speaker Nancy Pelosi (D-CA-12) came to Shaker Heights, OH this week to fundraise for Democratic 13th-District congressional candidate Emilia Sykes, Republican hopeful Madison Gesiotto Gilbert was happy to let constituents know about it.
This wasn’t the speaker’s first major show of support for Sykes; Pelosi cut her a $30,000 check via her campaign organization in July. When Pelosi flew east to support Sykes, a state representative from Ohio’s 34th Legislative District who the National Republican Congressional Committee calls Pelosi’s “protégé,” Republican spokesperson Courtney Parella put out a statement saying, “Emilia Sykes is bought and paid for by Nancy Pelosi and would serve as a rubber stamp for Pelosi’s failed economic agenda.”
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Georgia Democrat gubernatorial hopeful Stacey Abrams said Tuesday access to abortion is necessary because “having children is why you’re worried about your price for gas … how much food cost.”
“You can’t divorce being forced to carry an unwanted pregnancy from the economic realities of having a child,” she told MSNBC’s Morning Joe.
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Gas prices have continued to rise over the past two weeks, and now OPEC has announced a major decision that will likely drive those prices higher.
OPEC said Wednesday that it would reduce oil production beginning in November by 2 million barrels per day. OPEC, the Organization of Petroleum Exporting Countries largely based in the Mideast, said in a statement it made the decision “in light of the uncertainty that surrounds the global economic and oil market outlooks, and the need to enhance the long-term guidance for the oil market, and in line with the successful approach of being proactive, and preemptive…”
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Despite a slight uptick in the past day, gas prices in Tennessee are still lower than they were a month ago.
According to data from AAA, the average price per gallon was $3.193 per gallon, up slightly from the day before, which was $3.186. That’s still 7.42% cheaper than the average price in the Volunteer State was a month earlier at $3.449 per gallon.
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Gas prices are on the rise again just as the Strategic Petroleum Reserve hits a low point that many say is a problem.
Gas prices hit record highs in the middle of June, surpassing a national average of $5 per gallon before starting a steady downward trend for several consecutive weeks.
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Following nearly 100 days of declines, gas prices rose slightly Wednesday, and are forecasted to change little in the near future.
The national average price rose by about a cent to $3.68, snapping a 98-day streak of declines since prices peaked at $5.02 in mid-June, according to data from the American Automobile Association (AAA). A slight increase was expected to occur soon after prices fell only four cents last week, the smallest decrease in months, which the AAA attributed to the impacts of “war, COVID, economic recession, and hurricane season,” in a statement Monday.
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Tennessee has the sixth-cheapest average gas price in the country as prices drop toward $3 per gallon, according to data from AAA.
Tennessee’s average was $3.23 on Wednesday after entering the week at $3.26. Texas, Mississippi, Arkansas, Louisiana and Georgia were the only states lower.
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Gas prices have continued a steady decline in recent weeks, coming down from record-high gas prices this summer, but the Congressional Budget Office says natural gas prices may see an increase from the recently passed Inflation Reduction Act.
According to AAA, the current national average price for a gallon of regular gasoline is $3.78, down from $4.08 a month ago and down significantly from earlier this summer when prices surpassed $5 per gallon. Prices have dropped about a nickel in the past week.
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Anyone who has a car is breathing a sigh of relief this last week. After two years of increasing gas prices, we’ve finally had a significant fall in gas prices.
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As global and national gasoline prices continue to trend downward, the average cost for a gallon of gas in Virginia has fallen below $4.
As of Aug. 2, the average gallon of gas costs about $3.97, according to numbers provided by AAA. For a gallon of diesel, the average cost is dipping closer to $5 per gallon, but still sits at about $5.16. This is much lower than gas prices one month ago, which were about $4.63 for a gallon of regular gas and more than $5.70 for diesel.
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Governor Brian Kemp (R) signed two executive orders on Wednesday that extended the gas tax suspension and renewed the state of emergency for supply chain disruptions. These executive orders will be effective through September 12th.
“I have extended the temporary suspension of the state’s motor fuel tax to alleviate the financial burden placed on Georgians due to the federal government’s gross mishandling of inflation,” Gov. Kemp said.
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Ohio congressional candidate Matthew Diemer has routinely suggested that Americans, who are struggling to afford high gas prices, should simply purchase an electric vehicle to avoid gas prices.
Diemer has bragged about owning a Tesla, where the cheapest new model costs more than $45,000.
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“It’s time to retire Dick Blumenthal,” Leora Levy states on the home page of her campaign website, but the Republican U.S. Senate candidate from Connecticut says she is ready not only to take on the career Democrat politician, but also the “timid” members of her own party “who will abandon or betray us when it comes down to the important votes.”
“Drawing a strong contrast with Dick Blumenthal is the only way to win this Senate seat,” Levy says as she campaigns toward the Connecticut primary on August 9.
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You’d think after achieving $5 a gallon nationwide gas prices and gutting domestic oil and gas producers, America’s environmental extremists would be elated and emboldened. But President Joe Biden’s energy policy is so incoherent, even Green New Deal socialists are frustrated, according to reporting by Politico’s Zack Colman.
“The climate advocates who cheered President Joe Biden’s arrival at the White House last year are preparing to give up on Washington,” Colman writes. “Instead, environmentalists and many of their Democratic allies are starting to shift their focus to state capitals as the places to press for action on climate change — going back to a strategy that they employed with some success during the Trump era.”
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The America Rising PAC (ARPAC) recently spoke with the Arizona Sun Times via email, criticizing Arizona Sen. Mark Kelly (D-AZ) for supporting a federal gas holiday that would ultimately, the say, undermine infrastructure funding for Arizona.
“This is another example of why Mark Kelly shouldn’t be sent back to Washington. Not only does his ineffective gas tax suspension undermine the one legislative accomplishment he’s writing home about – Arizona wouldn’t even need a gas tax holiday if it wasn’t for the Democrats’ anti-American energy agenda that drove gas prices to record-breaking levels in the first place,” said ARPAC Press Secretary Whitney Robertson.
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Tennessee motorists have seen slight relief at the pump over the past week, matching national averages.
The average price of a gallon of gas in Tennessee was $4.39 Tuesday, according to the American Automobile Association (AAA).
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The left-wing assault on American energy was just dealt a swift defeat by the United States Supreme Court. And President Donald Trump’s confirmations to the bench paved the way for it to happen.
Never in my life would I think that gas prices would rise so steeply in such a short period of time that stations would run out of space on the pump screen to display the price. But the Biden Administration’s assault on American energy is simply unprecedented. They will try to pass the blame, but the American people know what’s happening. Green New Deal advocates are pushing for a great energy reset in America, and they don’t care how much it hurts you.
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Texas Gov. Greg Abbott is pushing back against an Environmental Protection Agency proposal that he says would cripple oil and gas production in the Permian Basin – potentially jeopardizing a quarter of the U.S. gas supply.
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Over the past week, Tennesseans have seen a slight dip in prices at the pump after those prices reached record highs in the state and across the nation.
According to the American Automobile Association (AAA), the average price for a gallon of gas in Tennessee was $4.58 on Tuesday. That’s a one penny drop from Monday’s average of $4.59.
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A new tax will be hitting certain drivers in Connecticut, as the state’s tax commissioner announced an increase of the state’s diesel tax.
According to an announcement from the office, the rate will increase from 40 cents to 49 cents—a 23 percent increase for consumers.
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The average price for a gallon of gas nationwide has reached the the $5 threshold, according to Thursday reports.
“According to GasBuddy, the national average has reached $5 per gallon,” said GasBuddy’s Patrick De Haan.
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Wednesday morning on The Tennessee Star Report, guest host Gulbransen welcomed U.S. Senator Bill Hagerty (R-TN) to the newsmaker line to comment upon historic gas prices, inflation, and the true intentions of the Biden administration for America.
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The price for a gallon of gas jumped over 25 cents in just a matter of hours from morning to afternoon in the Bellevue section of Nashville.
Several gas stations went from $4.39 per gallon of regular fuel to $4.65 in just 6 hours.
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Georgia’s record-high gas prices are lowest nationwide, according to the American Automobile Association (AAA).
The average price for a gallon of gasoline in Georgia Monday was $4.29, matching a record high set on March 11. That figure is the lowest in the nation, as the average price for a gallon of gas in the United States Monday was $4.86.
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In what has become a seemingly every day occurrence, gas prices rose to a new record high Sunday as the national average approaches $5 a gallon.
Nine states already have surpassed the $5 threshold, and several others are just pennies away.
According to AAA, the average cost of a gallon of regular gasoline reached $4.85 Sunday, up an additional three cents from Saturday and 24 cents from last week.
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Wisconsin gas prices set another record high.
The average prices of a gallon of regular gasoline rose to $4.68 a gallon Friday. That’s up 8 cents from the $4.60 average on Thursday. A week ago, the average price was $4.35. A month ago, it was $3.96.
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