gas prices
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PublishedOctober 28, 2022
Oil giants rake in steep profits amid high energy prices
Gasoline eased somewhat towards the end of the quarter, but customers were still paying more than $3.79 a gallon of regular, on average, in late September.
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PublishedOctober 19, 2022
What is the strategic oil reserve, and can it lower gas prices?
With Election Day on the horizon and gas prices rising, President Biden proposes releasing another 15 million barrels of oil.
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PublishedOctober 18, 2022
Biden to release 15 million barrels from oil reserve, more possible
President Biden will also open the door to additional oil reserve releases this winter in an effort to bring prices down.
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PublishedOctober 11, 2022
Biden vows ‘consequences’ for Saudis after OPEC+ cuts output
It remains to be seen how far President Biden is willing to go in showing his displeasure with Saudi Arabia, a vital but complicated ally in the Middle East.
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PublishedOctober 5, 2022
OPEC+ makes big cut to oil production to increase prices
The Saudi oil minister rejects the implication that OPEC was assisting Russia, saying the discussion was in a nonpolitical 'silo' where the focus was prudent management of oil markets.
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PublishedOctober 4, 2022
White House takes closer look at controversial gasoline export ban option
An export ban would mark the most radical step yet by the Biden administration to tackle gasoline prices.
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PublishedSeptember 27, 2022
U.S. consumers gaining confidence as gas prices keep falling
The back-to-back monthly increases follow three straight monthly declines as American households were hammered by rising prices, particularly at the gas pump.
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PublishedAugust 30, 2022
Maine’s average gas price falls below $4 a gallon for first time since March
The price has dropped by more than a dollar per gallon since peaking in mid-June.
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PublishedAugust 11, 2022
Maine’s gas prices fall, but remain higher than national average
There is no clear reason why Maine's average price is about 40 cents higher than the national average of $3.99, but several industry experts said the Northeast generally has higher gas prices than the rest of the nation.
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PublishedJuly 29, 2022
Oil companies see unprecedented profits as consumer prices soared
On Friday, Exxon Mobil booked an unprecedented $17.85 billion profit for the second quarter and Chevron made a record $11.62 billion.
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