Gasoline costs should start to fall soon, although a full recovery to pre-war prices is expected to take months. That’s assuming that peace holds and traffic flows resume through the Strait of Hormuz.
gasoline
Posted inNPR
Oil prices surge amid fears over Iran war
Global oil prices are in the high $70s as traffic through Strait of Hormuz comes to a halt. Some analysts have warned they could top $100 a barrel if the stoppage is prolonged.
Posted inNPR
Trump promised to cut energy bills in half. One year later, has he delivered?
Cheap gasoline, yes. Drill, baby, drill? Not so much. And electricity bills are going up, not down.
Posted inNPR
EVs are cleaner than gas cars, but a growing share of Americans don’t believe it
Electric vehicles are caught up in the culture wars. Data from Ipsos shows the percentage of Americans who believe EVs are better for the environment than gas cars has dropped 5 points since 2022.
