Gas prices increase as millions of Americans travel for Memorial Day

Gas prices increase as millions of Americans travel for Memorial Day

Florida gas prices increased slightly last week as an estimated 2.1 million Floridians were forecast to take a road trip for Memorial Day weekend, according to AAA. The average price of gas on Memorial Day in Florida was $3.41 per gallon, which was the seventh-highest Memorial Day gas price in 20 years. This year’s average…

Gas prices on a downward trend…finally, AAA says

Gas prices on a downward trend…finally, AAA says

Florida gas prices are lowering now that the fuel supplies have largely recovered from the record flooding that caused widespread outages in South Florida, according to AAA. On Monday, Florida gas prices averaged $3.64 per gallon, AAA said. Nationally, gas prices averaged $3.61 a gallon. The cheapest gas prices in the Jacksonville area are at…

Gas prices to increase as price of oil is rising, AAA says

Gas prices to increase as price of oil is rising, AAA says

Florida gas prices increased 10 cents per gallon last week and prices are expected to keep rising after Saudi Arabia unexpectedly announced plans to cut oil production, causing oil prices to rise overnight, according to AAA. On Sunday, Saudi Arabia and other OPEC+ countries announced surprise plans to cut oil production by more than a…

Florida gas prices drop for third consecutive week

Florida gas prices drop for third consecutive week

JACKSONVILLE, Fla. – Florida gas prices dropped another 9 cents per gallon last week, according to AAA. The state average has now declined for three consecutive weeks, falling a total of 28 cents per gallon since late January. Florida gas prices averaged $3.31 per gallon on Sunday. That’s the lowest daily average price since mid-January….

What the increase in the Producer Price Index means for the economy

What the increase in the Producer Price Index means for the economy

What the increase in the Producer Price Index means for the economy – CBS News Watch CBS News The Producer Price Index rose 0.7% in the month of January, suggesting inflation pressures continue to hit the economy. CBS MoneyWatch reporter Aimee Picchi joined Anne-Marie Green and Nancy Chen to discuss what the numbers mean for…

Major gas pipeline resumes service after leak, panic buying in Las Vegas

Major gas pipeline resumes service after leak, panic buying in Las Vegas

A pipeline facility in California that was forced to shut down deliveries of gasoline and diesel from the Los Angeles area east to areas including Las Vegas and Phoenix due to a leak, resumed operations on Saturday, according to the pipeline’s operator. The source of the leak was isolated within its Watson Station in Long…

Florida gas prices drop 7 cents last week, expected to decline further

Florida gas prices drop 7 cents last week, expected to decline further

ORLANDO, Fla. – Gas prices in Florida dropped by 7 cents within the past week and are expected to decline even further, according to an AAA news release. Florida gas prices averaged $3.50 per gallon on Sunday, decreasing 8 cents from this year’s record high price of $3.58 per gallon. The state reached a low…

WH Gets More Shameless With New Claim About Gas Prices

WH Gets More Shameless With New Claim About Gas Prices

The White House is pretty shameless when it comes to giving us an honest answer about virtually anything they’re being asked these days. They’re definitely up a creek without a paddle when it comes to the classified document scandal. As we reported on Monday, Fox’s Peter Doocy played a game of “stump the press secretary”…

What's Joe Going to Do Now? Gas Prices Projected to Go up Again

What's Joe Going to Do Now? Gas Prices Projected to Go up Again

When gas prices were skyrocketing and hitting their highest numbers this past summer, Joe Biden tried to blame the rise on “Putin’s price hike,” claiming it was due to Vladimir Putin having Russia invade Ukraine. Now, that was just an outright lie since gas prices had been going up since Biden took office, long before…