Record diesel prices come at tough time for farmers amid harvest season
Surging gas and diesel prices are putting the pinch on farmers with harvest season underway, and could drive grocery prices even further up.
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Surging gas and diesel prices are putting the pinch on farmers with harvest season underway, and could drive grocery prices even further up.
Fuel prices continue to climb across the country, and that has U.S. Sen. Dick Durbin (D-Illinois) pointing the finger at President Trump.
There is new fallout for President Trump over the battle over the Kennedy Center, while he also faces criticism about the ongoing war with Iran and rocketing gas prices squeezing Americans' wallets.
Diesel prices are at record highs, gas prices are rising again, and according to the latest CBS poll, the economy, inflation and healthcare are the top issues for Americans in the 2026 midterm election.
The refinery is essential to the Chicago area, producing about 11 million gallons of gas and diesel fuel a day, about 10% of the region's supply.
The average is slightly up from Monday, Sept. 15, still right around $4.80 a gallon. Statewide is up to $4.50 a gallon. Both are higher than the averages tracked a month ago.
Drivers in Chicago and beyond were paying the highest gas prices ever recorded for the Labor Day holiday as millions of Americans were making their way home on Monday.
AAA said the national average for regular gas reached $4.14 on Saturday and Sunday. That figure is more than 30 cents above the previous Labor Day record, set in 2012, and nearly $1 more per gallon than drivers paid during the Labor Day holiday last year.
AAA said the national average for regular gas reached $4.14 on Saturday and Sunday, and it was even higher in Chicago. Darius Johnson reports.
The U.S.-Iran war ramped up again over the weekend, as Iran promised "more painful" retaliation after the U.S. struck their oil tankers.
Drivers in Chicago and beyond were paying the highest gas prices ever recorded for the Labor Day holiday as millions of Americans were making their way home on Monday. Darius Johnson reports.
Iran on Sunday threatened a "more painful" response to U.S. strikes on three Iranian oil tankers.
As the war with Iran continues, CBS News is tracking gas and oil prices. Find out how much more it costs to fill up your tank or heat your house.
Chicago drivers are frustrated with constantly fluctuating gas prices amid the U.S. war with Iran, and experts say President Trump's new deal with Venezuela could take years to make a difference.
Chicago drivers are frustrated with constantly fluctuating gas prices amid the U.S. war with Iran, and experts say President Trump's new deal with Venezuela could take years to make a difference.
Gas prices are stubbornly stuck around $4 per gallon nationwide, up more than $1 since the day the war with Iran broke out. Taurean Small reports.
Illinois Gov. JB Pritzker has issued an ultimatum to the leaders of America's major oil companies, accusing them of "profiteering" from supply constrains caused by the U.S. war with Iran.
Illinois Gov. JB Pritzker has issued an ultimatum to the leaders of America’s major oil companies, accusing them of “profiteering” from supply constrains caused by the U.S. war with Iran.
The last time global oil prices settled above $100 was on May 22, data from FactSet shows.
The national average for a gallon of gas reached $4.003 on Monday, the first time in over a month it has crossed that threshold, AAA data shows.
Escalating war between the U.S. and Iran have sent gas prices soaring again nationwide, and experts say companies are factoring higher energy costs into the price of their goods and services and passing that cost onto the consumer.
Nationwide, a gallon of regular is now just shy of $4. That's up 12 cents in the last week and more than a dollar since the War in Iran started at the end of February.
Prices at the pump sank following a June ceasefire. But renewed conflict in the Middle East and other factors are driving fuel costs back up.
President Trump said he has made a “great deal” for peace with Iran, but nothing has been signed just yet. Lauren Victory reports.
President Trump says the Strait of Hormuz will open, and a U.S. naval blockade on Iran will be lifted, once the deal is signed at the end of the week. Lauren Victory reports.