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Consumer prices climbed 8.3% last month from one year ago.
 
Despite the record high price of gas in the U.S., the Biden administration has announced it is canceling the sale of a massive oil and gas lease location in Alaska that was pending before the Department of the Interior (DOI).
Despite the record high price of gas in the U.S., the Biden administration has announced it is canceling the sale of a massive oil and gas lease location in Alaska that was pending before the Department of the Interior (DOI).
 
Farmers across the country, including North Carolina, are “taking it on the chin” when it comes to diesel and fertilizer prices, which have risen to unprecedented levels.
Farmers across the country, including North Carolina, are “taking it on the chin” when it comes to diesel and fertilizer prices, which have risen to unprecedented levels.
 
Edzell Lowry knows firsthand about rising gas prices. He owns Sun-Do gas station in Pembroke.
Edzell Lowry knows firsthand about rising gas prices. He owns Sun-Do gas station in Pembroke.
 
In a continued attempt to skirt blame for spiraling price inflation, and gas prices more specifically, the Biden administration continues to trot out easily disprovable excuses.
In a continued attempt to skirt blame for spiraling price inflation, and gas prices more specifically, the Biden administration continues to trot out easily disprovable excuses.
 
Sen. Tommy Tuberville (R-AL) released a new episode in his “Coach on the Street” series on Friday in which he walks around the Washington, D.C. area and asks citizens what they think about current events that are impacting their lives.
Sen. Tommy Tuberville (R-AL) released a new episode in his “Coach on the Street” series on Friday in which he walks around the Washington, D.C. area and asks citizens what they think about current events that are impacting their lives.
 
Sen. John Barrasso (R-WY) slammed President Joe Biden and Democrats on Sunday for trying to deflect blame over rising gas prices and skyrocketing inflation.
Sen. John Barrasso (R-WY) slammed President Joe Biden and Democrats on Sunday for trying to deflect blame over rising gas prices and skyrocketing inflation.
 
After spending two years pledging to eliminate fossil fuels and one year waging a war on American energy, Biden’s gas hike keeps getting worse.
After spending two years pledging to eliminate fossil fuels and one year waging a war on American energy, Biden’s gas hike keeps getting worse.
 
Gas prices may be out of control, but North Carolina’s motor fuels tax (the gas tax) has remained at steady levels for 30 years, when adjusted for inflation.
Gas prices may be out of control, but North Carolina’s motor fuels tax (the gas tax) has remained at steady levels for 30 years, when adjusted for inflation.
 
N.C. Attorney General Josh Stein is getting a slew of complaints from consumers over ever-rising gas prices.
N.C. Attorney General Josh Stein is getting a slew of complaints from consumers over ever-rising gas prices.
 
White House Press Secretary Jen Psaki has been accused of deliberately misleading the public by an energy sector expert and congressional candidate after she boosted the nation’s “9,000 unused permits” for drilling.
White House Press Secretary Jen Psaki has been accused of deliberately misleading the public by an energy sector expert and congressional candidate after she boosted the nation’s “9,000 unused permits” for drilling.
 
Diesel prices in North Carolina and around the country have recently broken new records, with diesel averaging $5.10 a gallon in North Carolina today – a set of new highs for Bidenflation and new lows for North Carolina farmers.
Diesel prices in North Carolina and around the country have recently broken new records, with diesel averaging $5.10 a gallon in North Carolina today – a set of new highs for Bidenflation and new lows for North Carolina farmers.
 
Democrat President Joe Biden is set to ban the importation of Russian oil, following Russia’s invasion of Ukraine late last month, which comes as the U.S. is facing skyrocketing gas prices.
Democrat President Joe Biden is set to ban the importation of Russian oil, following Russia’s invasion of Ukraine late last month, which comes as the U.S. is facing skyrocketing gas prices.
 
White House Press Secretary Jen Psaki claimed on Monday that President Joe Biden was doing everything he could to bring down the price of gasoline just as prices reached a new all-time high.
White House Press Secretary Jen Psaki claimed on Monday that President Joe Biden was doing everything he could to bring down the price of gasoline just as prices reached a new all-time high.
 
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.
 
Inflation has reared its ugly head at the gas pumps and grocery aisles, to be sure, but one of the biggest ticket items on the Inflation Wheel of Misfortune is housing.
Inflation has reared its ugly head at the gas pumps and grocery aisles, to be sure, but one of the biggest ticket items on the Inflation Wheel of Misfortune is housing.
 
The national average price for gas has jumped to $4 per gallon for the first time since 2008 as prices continue to worsen during Democrat President Joe Biden’s administration.
The national average price for gas has jumped to $4 per gallon for the first time since 2008 as prices continue to worsen during Democrat President Joe Biden’s administration.
 
Gas prices in North Carolina just hit a record high. According to AAA, the statewide average price for a gallon of gas climbed to $4.12 today.
Gas prices in North Carolina just hit a record high. According to AAA, the statewide average price for a gallon of gas climbed to $4.12 today.
 
On Monday, in the face of rising gas prices that may well devastate American consumers, “Late Night” host Stephen Colbert pontificated from his elitist perch
On Monday, in the face of rising gas prices that may well devastate American consumers, “Late Night” host Stephen Colbert pontificated from his elitist perch
 
On Tuesday night, Sen. Ted Cruz (R-TX) slammed President Biden after Biden blamed the Russian invasion of Ukraine for soaring gas prices.
On Tuesday night, Sen. Ted Cruz (R-TX) slammed President Biden after Biden blamed the Russian invasion of Ukraine for soaring gas prices.
 
Democrat President Joe Biden refused to take any ownership of the historic gas prices that Americans are facing right now when asked about the matter on Tuesday as he then proceeded to deflect blame on Russia.
Democrat President Joe Biden refused to take any ownership of the historic gas prices that Americans are facing right now when asked about the matter on Tuesday as he then proceeded to deflect blame on Russia.
 
Billionaire entrepreneur Elon Musk said late on Friday that he supports increasing domestic oil and gas drilling to offset energy problems that the U.S. is facing due to policies from the Biden administration and the war in Europe.
Billionaire entrepreneur Elon Musk said late on Friday that he supports increasing domestic oil and gas drilling to offset energy problems that the U.S. is facing due to policies from the Biden administration and the war in Europe.
 
14 cent per gallon price cut at Murphy Express
14 cent per gallon price cut at Murphy Express
 
Whether it is filling up at the pump, paying more for goods and services, or not finding your favorite item on the grocery store shelves, there is no denying that inflation and supply chain issues have affected everyone in one way or another.
Whether it is filling up at the pump, paying more for goods and services, or not finding your favorite item on the grocery store shelves, there is no denying that inflation and supply chain issues have affected everyone in one way or another.
 
analysis by gas price tracker Gas Buddy
 
The Biden administration has reportedly been speaking to oil and gas companies about lowering the cost of fuel as high gas prices have been one of the many problems the administration has struggled to address.
The Biden administration has reportedly been speaking to oil and gas companies about lowering the cost of fuel as high gas prices have been one of the many problems the administration has struggled to address.
 
would prohibit tapping strategic reserve until attacks stop on oil development
would prohibit tapping strategic reserve until attacks stop on oil development
 
Energy Secretary Jennifer Granholm told CNN on Sunday that Americans will pay more to heat their homes this winter as energy prices continue to skyrocket and that the administration hopes that gas prices do not hit $4 per gallon.
Energy Secretary Jennifer Granholm told CNN on Sunday that Americans will pay more to heat their homes this winter as energy prices continue to skyrocket and that the administration hopes that gas prices do not hit $4 per gallon.
 
Sen. Joe Manchin (D-WV) pushed back on President Joe Biden’s assertion that the Organization of the Petroleum Exporting Countries (OPEC) was responsible for high gas prices in the United States, saying that the U.S. has the capability to fix the problem.
Sen. Joe Manchin (D-WV) pushed back on President Joe Biden’s assertion that the Organization of the Petroleum Exporting Countries (OPEC) was responsible for high gas prices in the United States, saying that the U.S. has the capability to fix the problem.
 
Is this what lies ahead for North Carolina?
 
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...
 
Gas prices fell below $2.00 a gallon in much of state this month, providing North Carolinians with some extra cash in their pockets to pay off those Christmas credit card bills.
Gas prices fell below $2.00 a gallon in much of state this month, providing North Carolinians with some extra cash in their pockets to pay off those Christmas credit card bills.
 
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...
 
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.
 
Check out our list of local gas prices supplied by gasbuddy.com for Washington, Greenville, and Chocowinity, North Carolina sorted lowest to highest.
Check out our list of local gas prices supplied by gasbuddy.com for Washington, Greenville, and Chocowinity, North Carolina sorted lowest to highest.
 
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