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24 Results found for lower gas prices

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releasing gasoline to try to lower pump price before election
releasing gasoline to try to lower pump price before election
 
The White House was dragged on Tuesday for tweeting a chart that showed inflation is lower than it was last summer — even though the chart also showed that inflation had skyrocketed after President Joe Biden was sworn in.
The White House was dragged on Tuesday for tweeting a chart that showed inflation is lower than it was last summer — even though the chart also showed that inflation had skyrocketed after President Joe Biden was sworn in.
 
The Consumer Price Index (CPI) fell 0.1% in December after increasing 0.1% in November, according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased 6.5%. Core inflation, which excludes volatile energy and food prices, rose 5.7% on an annual basis.
The Consumer Price Index (CPI) fell 0.1% in December after increasing 0.1% in November, according to the latest release from the Bureau of Labor Statistics. On an annual basis, prices have increased 6.5%. Core inflation, which excludes volatile energy and food prices, rose 5.7% on an annual basis.
 
Colorado Democratic Sen. Michael Bennet said that the Inflation Reduction Act is not reducing inflation because it hasn’t set in yet.
Colorado Democratic Sen. Michael Bennet said that the Inflation Reduction Act is not reducing inflation because it hasn’t set in yet.
 
CNN faced intense backlash online Friday after publishing a report that suggested Americans should view a slight dip in gas prices as a “$100-a-month raise” or a “$100-a-month tax cut.”
CNN faced intense backlash online Friday after publishing a report that suggested Americans should view a slight dip in gas prices as a “$100-a-month raise” or a “$100-a-month tax cut.”
 
President Joe Biden and other White House officials took credit this week for a recent decline in gas prices.
President Joe Biden and other White House officials took credit this week for a recent decline in gas prices.
 
The Consumer Price Index (CPI) rose 9.1% between June 2021 and June 2022, meaning that inflation once again surpassed record highs, a Wednesday morning report from the U.S. Bureau of Labor Statistics showed.
The Consumer Price Index (CPI) rose 9.1% between June 2021 and June 2022, meaning that inflation once again surpassed record highs, a Wednesday morning report from the U.S. Bureau of Labor Statistics showed.
 
On Monday, White House Deputy Press Secretary Karine Jean-Pierre could not name anything that President Joe Biden was considering doing to help alleviate rising fuel prices across the country.
On Monday, White House Deputy Press Secretary Karine Jean-Pierre could not name anything that President Joe Biden was considering doing to help alleviate rising fuel prices across the country.
 
Everybody is feeling pain at the gas pump. Politicians are coming up with proposals to try to provide relief, but few would actually bring prices back down.
Everybody is feeling pain at the gas pump. Politicians are coming up with proposals to try to provide relief, but few would actually bring prices back down.
 
In a passionate speech in which he begged gas stations across the country to lower gas prices, Biden ended with a plea to pollsters, asking them to raise his approval rating.
In a passionate speech in which he begged gas stations across the country to lower gas prices, Biden ended with a plea to pollsters, asking them to raise his approval rating.
 
The White House is still considering sending out gas rebate cards in an effort to help millions of Americans afford gas as they face high prices at the pump.
The White House is still considering sending out gas rebate cards in an effort to help millions of Americans afford gas as they face high prices at the pump.
 
Treasury Secretary Janet Yellen said on Sunday that suspending gas taxes is “certainly worth considering” amid rising energy prices.
Treasury Secretary Janet Yellen said on Sunday that suspending gas taxes is “certainly worth considering” amid rising energy prices.
 
Christian Castelli has won the Republican primary for North Carolina’s 6th U.S. Congressional District with 36% of the vote.
Christian Castelli has won the Republican primary for North Carolina’s 6th U.S. Congressional District with 36% of the vote.
 
The Biden administration was slammed online on Thursday over a tweet that claimed that the solution to high gas prices was to have electric cars, which are expensive.
The Biden administration was slammed online on Thursday over a tweet that claimed that the solution to high gas prices was to have electric cars, which are expensive.
 
Congressman Greg Murphy, M.D. (NC-03) released the following statement after voting against President Biden’s social spending agenda, H.R. 5376, the Build Back Better Act.
Congressman Greg Murphy, M.D. (NC-03) released the following statement after voting against President Biden’s social spending agenda, H.R. 5376, the Build Back Better Act.
 
At almost the same moment our state was boasting of a $900 million cash surplus, one important sector of state government was encountering serious shortfalls.
At almost the same moment our state was boasting of a $900 million cash surplus, one important sector of state government was encountering serious shortfalls.
 
Significantly lower gas prices at the pump the last several months have put more money in the pockets of NC motorists. But because of the adjustable portion of the state gas tax, lower gas prices would also mean less money to state government coffers. Apparently, some state legislators can't...
Significantly lower gas prices at the pump the last several months have put more money in the pockets of NC motorists. But because of the adjustable portion of the state gas tax, lower gas prices would also mean less money to state government coffers. Apparently, some state legislators can't...
 
Over the past several weeks, I have been discussing some of the silliness surrounding the analysis of lower oil and gasoline prices. It was pointed out here and here that the main reason why lower prices, if sustained, will lead to economic growth is that they will reduce the cost of production...
Over the past several weeks, I have been discussing some of the silliness surrounding the analysis of lower oil and gasoline prices. It was pointed out here and here that the main reason why lower prices, if sustained, will lead to economic growth is that they will reduce the cost of production...
 
There is a proposition in public choice economics called the "special interest effect." It basically argues that government grows because, for most government programs, there are concentrated beneficiaries and diffused cost bearers.
There is a proposition in public choice economics called the "special interest effect." It basically argues that government grows because, for most government programs, there are concentrated beneficiaries and diffused cost bearers.
 
There is a proposition in public choice economics called the "special interest effect." It basically argues that government grows because, for most government programs, there are concentrated beneficiaries and diffused cost bearers. What this means is that the benefits of government programs will...
There is a proposition in public choice economics called the "special interest effect." It basically argues that government grows because, for most government programs, there are concentrated beneficiaries and diffused cost bearers. What this means is that the benefits of government programs will...
 
As of this writing, the price of gasoline in the Raleigh area has reached lows of less than $2.10 a gallon, and many states are seeing prices well under $2.
As of this writing, the price of gasoline in the Raleigh area has reached lows of less than $2.10 a gallon, and many states are seeing prices well under $2.
 
As of this writing, the price of gasoline in the Raleigh area has reached lows of below $2.10 a gallon, and many states are seeing prices well under $2.00. Globally, in the last year, the per barrel price of oil has fallen from over $100 a barrel to about $45 with the arrow still pointing downward.
As of this writing, the price of gasoline in the Raleigh area has reached lows of below $2.10 a gallon, and many states are seeing prices well under $2.00. Globally, in the last year, the per barrel price of oil has fallen from over $100 a barrel to about $45 with the arrow still pointing downward.
 
In the President’s Weekly Address on March 10, 2012, Barack Obama stated, “You and I both know that with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when we consume 20% of the world’s oil.
In the President’s Weekly Address on March 10, 2012, Barack Obama stated, “You and I both know that with only 2% of the world’s oil reserves, we can’t just drill our way to lower gas prices – not when we consume 20% of the world’s oil.
 
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