Showing posts with label gas prices. Show all posts
Showing posts with label gas prices. Show all posts

Tuesday, October 27, 2026

Michigan gas prices rise 32 cents one week before Election Day

AAA Michigan says the average price for a gallon of regular unleaded gasoline in the state hit $4.83 a gallon last week. That's a 32 cent increase in the past week…

 https://www.michiganpublic.org/transportation-infrastructure/2026-10-26/michigan-gas-prices 


Wednesday, October 21, 2026

JD Vance falsely blames Biden policy for high gas prices. Iran war is mainly to blame. – PolitiFact

Market forces and global events like pandemics and wars tend to influence refinery production more than presidential policy, and the most obvious cause of today’s high gasoline prices is the Iran war, which was launched by President Donald Trump. California, not the U.S., has lost 20% of its oil refining capacity; the nation’s refining capacity has been largely stable. Climate change and energy policies introduced by former President Joe Biden could play a long-term role in nudging refinery operators to cut back or shut down facilities, experts say…

 https://politifact.com/factchecks/2026/oct/19/jd-vance/biden-gasoline-prices-refineries-cbs-town-hall/



Monday, October 12, 2026

Friday, October 2, 2026

Vance’s red-state swing hits Florida as polls tighten in Sunshine State - POLITICO

 Democrats have overperformed in recent special elections in Florida and made gains with independent and even Republican voters. Florida is facing many of the same political headwinds as the rest of the U.S., including inflation and ongoing frustrations with gas prices due to the war in Iran — as well as backlash over mass deportations from members of its large immigrant population. 

Vance, who is one of the White House’s top midterm surrogates and has embarked on a red-state swing, pressed the base assembled at an aircraft hangar and events venue to turn out in November to “send a message to the far-left radicals.” He accused Democrats of wanting to make Florida “less free, less safe and more poor.” …

 https://www.politico.com/news/2026/10/01/vance-florida-campaign-rally-01103866


 

Saturday, September 26, 2026

The U.S. Strategic Petroleum Reserve is low. Here’s why you should care : NPR

Ultimately, the U.S. can learn something about how to handle their strategic reserves from China, says Antoine Halff, non-resident fellow at Columbia University and an expert on oil markets. 

China, which has the largest oil stockpiles in the world, has dipped into its reserves since the Iran war began in February, Halff says. But China is drawing from it less because of the nation's growing fleet of electric cars, trucks and scooters. Electric transport is already displacing demand for at least 1.5 million barrels of oil a day in China, according to the International Energy Agency. 

"To manage market disruption risks, China shows it pays to have a multi-pronged approach," Halff says in an email…

 https://www.npr.org/2026/09/25/nx-s1-5965797/strategic-petroleum-reserve-low-level-venezuela


 

Thursday, September 10, 2026

Wednesday, September 2, 2026

A 'sleeper issue' in red states this fall: Diesel prices - POLITICO

Republicans have been facing a problem with voters over high gasoline prices for months — but the economic pain from near-record diesel fuel prices looks set to hit at the worst possible time for them…

 https://www.politico.com/news/2026/09/01/diesel-prices-could-fuel-problems-for-republicans-in-red-states-01052407


 

Saturday, August 1, 2026

Friday, July 24, 2026

K Street girds for Democrats’ oil oversight onslaught - POLITICO

K Street lobbyists are bracing for an onslaught of oversight investigations if Democrats capture one or both chambers of Congress in November. And the party winning back committee gavels — and the subpoena power that comes with them — will make the Trump administration’s dealings with the oil and gas industry a top target. 

Democrats are honing their affordability message with the 2028 presidential election looming. Any links they can uncover, real or perceived, between the Trump administration’s policies and rising electricity and gas prices could be fodder for that message, according to lobbyists who are already beginning to prepare clients for their turn under the spotlight…

 https://www.politico.com/news/2026/07/23/k-street-girds-for-democrats-oil-oversight-onslaught-01006936


 

Thursday, July 16, 2026

Mystery Freedom Fuel stations that sold discounted gasoline tied to NFL coach and commodities trader - POLITICO

A federal judge entered judgment in February in favor of a fuel distributor that alleged in a civil lawsuit that Kazmi’s company had taken roughly $667,000 worth of fuel over 10 days in August 2021 without fully paying for it. Kazmi denied the allegations, but the court entered a default judgment after what the judge described as the defendants and their lawyers’ “serial flouting of Court orders and the Federal Rules of Civil Procedure” during the case. 

 In a separate federal case, a judge ruled in January that Kazmi’s company had failed to pay more than $700,000 in rent at 17 stations it operated in Florida and that the franchisor lawfully terminated franchise agreements. Kazmi argued that his company had been unable to pay the rent because the franchisor withheld credit-card proceeds during a contract dispute…

 https://www.politico.com/news/2026/07/15/trump-promoted-freedom-fuel-stations-linked-to-ravens-coach-and-commodities-trader-00998334


Wednesday, July 8, 2026

Friday, June 5, 2026

Oil industry warns Trump administration of price spikes within weeks - POLITICO

The oil industry is warning the Trump administration that a Hormuz-sized hole in the world’s petroleum market is steadily draining inventories to levels that are likely to send global energy prices surging in the next several weeks, according to four executives.…

 https://www.politico.com/news/2026/06/04/oil-price-spike-white-house-hormuz-00949435


 

Friday, May 29, 2026

Consumer confidence reaches all-time low amid rising gas prices, UM study finds

“We have people from across the political spectrum telling us how frustrated they are by the persistence of high prices, and how that's kind of feeding into their worries about the future of the economy,” Hsu said...

 https://www.michiganpublic.org/economy/2026-05-27/consumer-confidence-reaches-all-time-low-amid-rising-gas-prices-um-study-finds









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