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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 […]

Americans experience lower gas prices as costs decrease yearly in January 2026 CPI report

Americans experience lower gas prices as costs decrease yearly in January 2026 CPI report

The panel on The Big Money Show is discussing recent inflation data, which turned out weaker than many anticipated, alongside dropping energy prices. There’s also a growing sentiment that the Federal Reserve might lower interest rates multiple times by 2026. Americans might be experiencing some relief. Latest inflation reports from the Department of Labor indicate […]

California faces a crisis as refineries shut down and gas prices rise.

California faces a crisis as refineries shut down and gas prices rise.

California’s fuel market is entering a challenging phase as refinery capacity continues to decline, particularly with the upcoming shutdown of Valero’s Benicia refinery, which is one of the few major facilities still operational in the state. This closure is likely to exacerbate supply issues within an already strained system. During a recent segment on “Morning […]

EPA chief Lee Zeldin cancels 2009 Obama greenhouse gas determination

EPA chief Lee Zeldin cancels 2009 Obama greenhouse gas determination

EPA Administrator Plans to Repeal 2009 Greenhouse Gas Findings On Thursday, Environmental Protection Agency (EPA) Administrator Lee Zeldin announced plans to repeal the 2009 findings on greenhouse gases established during the Obama administration, which would have set significant federal greenhouse gas emissions standards for vehicles. This change is expected to save Americans a considerable amount […]