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Gavin Newsom criticized the outrageous flexibility in California gas prices.

Gavin Newsom criticized the outrageous flexibility in California gas prices.

Gas Prices and Political Tensions in California California Governor Gavin Newsom recently faced backlash after attempting to address gasoline prices directly with President Trump, who currently oversees the nation’s highest fuel costs per gallon. In a social media post Saturday, amid intense airstrikes on Iran by the U.S. and Israel that resulted in the deaths […]

Will gas prices in California rise because of strikes in Iran?

Will gas prices in California rise because of strikes in Iran?

The recent airstrikes by the U.S. and Israel on Iran could significantly impact global oil markets, potentially driving up California’s already high gasoline prices. While markets were expected to stay steady over the weekend, the aftermath of the attack raises concerns about disruptions to oil supplies from the Middle East in the coming week. In […]

Trump in Corpus Christi Highlights Rising Oil and Natural Gas Production

Trump in Corpus Christi Highlights Rising Oil and Natural Gas Production

During a visit to Corpus Christi, Texas, President Trump highlighted the successes of his energy policy, citing lower gas prices, higher oil and natural gas output, and increased liquefied natural gas exports. He spoke to longshoremen at the port, with oil tankers visible in the background. “On my first day in office, I declared a […]

CME resumes natural gas futures trading after a technical issue caused a halt.

CME resumes natural gas futures trading after a technical issue caused a halt.

CME Faces Trading Disruptions in Natural Gas and Metals Markets Trading in U.S. natural gas futures faced a halt of over 30 minutes on Wednesday, marking the second significant disruption in just one month within this busy commodity market. Metal contracts were also impacted during this time. The CME Group reported that gas futures and […]

Gas prices in California rise by 40 cents to $4.58 due to refinery shutdowns

Gas prices in California rise by 40 cents to $4.58 due to refinery shutdowns

California Gas Prices Surge Amid Refinery Closures In recent weeks, California has experienced a notable increase in gasoline prices, primarily due to a rise in refining volumes. This uptick comes at a time when the state’s refining capacity has been reduced, leading to a tighter supply. Over just two weeks, gas prices have jumped by […]

Gas prices in California have increased by 40 cents over the past two weeks.

Gas prices in California have increased by 40 cents over the past two weeks.

California’s gasoline prices have surged by 40 cents over the past two weeks, largely due to refinery shutdowns that are squeezing fuel supplies across the state. Currently, the average price stands at $4.582 per gallon, up from $4.463 a week ago and significantly higher than $4.182 just a fortnight ago, as reported by the American […]