Trump says oil companies should cut gas prices after making "too much money"
President Trump said U.S. oil companies made "too much money" from high oil prices. "I'm not happy about it," he added.
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President Trump said U.S. oil companies made "too much money" from high oil prices. "I'm not happy about it," he added.
The last time global oil prices settled above $100 was on May 22, data from FactSet shows.
The Iran war has significantly driven up the cost of fuel, airfare and other U.S. goods, according to Moody's Analytics chief economist Mark Zandi.
E15 is usually only available part of the year to help ease high gas prices under a waiver from the EPA.
Most suspect Iran nuclear program not stopped and think conflict wasn't worth the costs.
The national average for a gallon of regular gas in the U.S. drops to $3.99, the lowest since March 30.
President Trump said the U.S. has taken out "millions" of barrels of Iranian oil in the dead of night, and said inflation will come down when the war ends.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
The national average for a gallon of gasoline has been ticking up since the start of the war with Iran. The latest average of $4.50 a gallon is an increase of over $1.50 since the war started.
President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.
Americans on tight budgets are getting hit especially hard by surging fuel costs, forcing some to make hard choices.
Gas prices are now 52% higher than prior to the Iran war, with drivers paying $1.56 more per gallon, data shows.
The average cost of a gallon of gasoline hit $4.18 on Tuesday, up $1.20 since the conflict in the Middle East started on Feb. 28.
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.
U.S. gas prices are surging as the Iran war drives up the global cost of oil. But what exactly accounts for what you pay at the pump?
Gas prices put pressure on pocketbooks — and President Trump's ratings — as Iran war continues.
These charts track prices consumers pay for groceries and other goods now compared to five years ago.
Shipping companies would take at least two months to resume operations in the Persian Gulf following a ceasefire in the region, according to the Eurasia Group.
President Trump warned the U.S. "hasn't even started destroying what's left in Iran," and previewed that strikes on bridges and power plants could be next.
U.S. gasoline prices continue to inch higher after crossing the $4 a gallon threshold on Tuesday for the first time since 2022.
The average price of gas across the U.S. last reached $4 after Russia's invasion of Ukraine sent crude oil prices surging.
Stanford economists estimate that the typical U.S. household will spend an additional $740 on gas this year because of the jump in global oil prices.
The president threatened to "obliterate" Iranian power plants if Iran didn't reopen the Strait of Hormuz by late Monday night Eastern Daylight Time.
Rising diesel prices could push up costs across the U.S. economy, as many goods move by diesel-powered trucks.
Whether the Iran war-linked leap in the price of gas will give a shot in the arm to EV sales will depend on a variety of factors, experts say, so the answer isn't clear-cut.
The Jewish Community Center in Denver is working to help families in need by providing gently used baby items and essential supplies.
On Sunday, storms brought dangerous flash flooding to the area around the Aspen Acres burn scar.
Flooding from thunderstorms hit the Expo Park neighborhood in Aurora hard on Saturday evening, affecting nearby schools, parking structures and homes.
The Cherry Creek School District is temporarily closing an elementary school and a high school in Aurora due to flooding that took place over the weekend.
Following a day-long manhunt, authorities have taken a suspect into custody who they believe is responsible for a fatal stabbing in the northern Denver metro area.
The Jewish Community Center in Denver is working to help families in need by providing gently used baby items and essential supplies.
On Sunday, storms brought dangerous flash flooding to the area around the Aspen Acres burn scar.
Flooding from thunderstorms hit the Expo Park neighborhood in Aurora hard on Saturday evening, affecting nearby schools, parking structures and homes.
The Cherry Creek School District is temporarily closing an elementary school and a high school in Aurora due to flooding that took place over the weekend.
Following a day-long manhunt, authorities have taken a suspect into custody who they believe is responsible for a fatal stabbing in the northern Denver metro area.
Johnson came to Colorado to fundraise for Evans in his reelection bid. See Political Reporter Shaun Boyd's interview with Johnson and Evans.
Human-bear conflicts have been on the rise, and a new law is giving wildlife officials stronger tools to protect the public and the animals. As the drought drives more bears into neighborhoods, Colorado Parks and Wildlife is warning that residents caught feeding them will face steep fines.
On Sunday, storms brought dangerous flash flooding to the area around the Aspen Acres burn scar. According to the Pueblo County Sheriff's Office, a Beulah man was swept away in fast-moving flood waters on Sunday afternoon.
The Jewish Community Center in Denver is working to help families in need by providing gently used baby items and essential supplies. Sunday marked the grand opening of the center's Baby Closet, which offers resources such as diapers, wipes, newborn clothing, baby gear and postpartum supplies.
Earlier this week, city officials in Golden, Colorado, fired the city manager and fire chief as investigations continue into a reported racist incident at a local fire station. Now, former Fire Chief Kasey Beal is pushing back against the city's decision.
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
Wednesday's meeting was the third community meeting for the La Alma Lincoln Park community since the Denver Broncos' leadership announced their plans to build the new Broncos stadium in the former railyard.
Westbrook played for Oklahoma City, Houston, Washington, both Los Angeles teams, Denver and Sacramento during his 18-year-career.
The Denver Broncos CEO said he hopes to open the new stadium at Burnham Yard in time for the 2031 NFL season- just five years from now.
As the baseball world watched last weekend while women took the field in a female professional league for the first time in decades, teen baseball players across Colorado saw a future.
One of Tommy John's biggest legacies to MLB was his comeback elbow reconstruction surgery that now bears his name.
Five people were injured in the shooting involving multiple suspects. One person is currently listed in critical condition, the university said.
With magnitudes of 7.7 and 6.4, two earthquakes struck different parts of Indonesia on the same day. Authorities have since recorded at least 995 aftershocks.
An air traffic controller's quick thinking helped avert a dangerous situation when two jets, one landing in Phoenix and the other simultaneously taking off, shared the same flight number and radio frequency.
The U.S. Army said Friday it is temporarily halting Apache helicopter training flights after two soldiers were killed earlier this week in a crash near Fort Hood, Texas.
Americans think more young people in office would make politics better.
Speaker of the U.S. House Mike Johnson was in Colorado fundraising for two Republican congressmen: Rep. Gabe Evans of the state's 8th Congressional District and Rep. Jeff Crank of the 5th Congressional District.
The U.S. Army said Friday it is temporarily halting Apache helicopter training flights after two soldiers were killed earlier this week in a crash near Fort Hood, Texas.
The records involve consulting work, paid for with $25,000 in public funds, and CBS Colorado learned that the report may have been destroyed.
The Justice Department issued a legal opinion giving the U.S. military broader powers to detain migrants near certain areas along the southern border.
Colorado doctors will still be recommending the long-standing American Academy of Pediatrics immunization schedule.
Certain salsas, guacamole, pico de gallo and prepared jalapeño products at Whole Foods are among the products recalled over possible salmonella risk.
Hospitals and other medical providers are increasingly asking for payment before providing care, collecting more of what patients might owe.
The Social Security Administration is expanding its list of diseases and other health conditions that may qualify for accelerated approval of disability benefits.
The FDA has long fallen short of legally required inspection targets, and foreign inspections fell further last year amid agency layoffs.
Americans think more young people in office would make politics better.
The 14oz soup kits were distributed at Walmart stores in 29 states between June 30 and July 7, according to the FDA.
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
A Cargill employee said she and others are concerned about the future of contract negotiations, and many believe they are stuck in the middle between the company and the union.
For decades, free street parking has been part of the experience in Fort Collins' Old Town shopping district. However, street parking was being considered for a new paid model. But this week, city leaders decided to pump the brakes.
Colorado's wildfire fight is increasingly beginning from the air -- sometimes before a fire is even visible to the naked eye.
Some Coloradans who signed over their state tax credit for a free e-bike finally got their delivery.
U.S. Homeland Security Secretary Markwayne Mullin visited Colorado's Supermax prison, the U.S. Olympic & Paralympic Training Center and Immigration and Customs Enforcement offices in southern Colorado before holding a private meeting with U.S. Rep. Gabe Evans and Hispanic faith leaders.
An accident that sent two passengers tumbling from a chairlift at Vail was caused by components that were improperly installed when the lift was built nearly two decades ago, according to a state investigation.
For the first time, court photos show the inside of a Commerce City home where authorities found three children, 31 dogs, two cats and two guinea pigs living last fall.