Fuel Prices to Climb Higher as US Bans Russian Oil Imports
WASHINGTON — President Joe Biden announced March 8 the U.S. will ban all Russian oil imports, toughening the toll on Russia’s economy in retaliation for its invasion of Ukraine. But he acknowledged it will bring costs to Americans, particularly at the gas pump.
March 8, 2022California Pump Prices Hit Records
California, already paying record prices for motor fuel, is set to shell out even more with the Golden State more exposed to surging oil prices than the rest of the country in the wake of Russia’s invasion of Ukraine.
Biden Team Seeks Ways to Address Rising Energy Prices
WASHINGTON — President Joe Biden’s administration is moving at home and abroad to try to address concerns about rising energy prices slowing the nation’s recovery from the pandemic-induced recession.
Diesel Falls 7.4¢ to $2.659 per Gallon; Gasoline Plunges 12.8¢
The U.S. average retail price of diesel fell 7.4 cents to $2.659 per gallon, the Department of Energy reported March 23 as oil prices went lower.
Diesel Declines 2¢ a Gallon to $2.89
The price of diesel fuel declined by 2 cents a gallon nationally Feb. 17, according to the U.S. Energy Information Administration.
Average Diesel Price Falls 2.7¢ to $3.01 Per Gallon
The U.S. average retail price of diesel fell 2.7 cents to $3.01 a gallon, the Department of Energy reported Jan. 27.
November US Consumer Prices Up 0.3% on Rising Energy Costs
WASHINGTON — Higher energy prices lifted U.S. overall consumer prices in November.
Diesel Soars 9.4¢ a Gallon to $3.081; Oil Falls
The U.S. average retail price of diesel soared 9.4 cents to $3.081 a gallon, the Department of Energy reported Sept. 23, bolstered by a crisis in Saudi Arabia after a drone attack on a major oil plant Sept. 14.
Hold Up on the Fill-Up: Gasoline Is Set to Plunge at the Pump
Gasoline prices have been sliding steadily for several weeks, and they’re promising to get even cheaper as crude prices fall and the U.S. moves into the summer driving season.
Diesel Drops 1.2¢ to $3.151 a Gallon
The U.S. average retail price of diesel dropped 1.2 cents to $3.151 a gallon, the Department of Energy reported. Concerns over demand and supply pushed oil below $59 a barrel, a level not seen since mid-March.