Inflation surged in September as U.S. energy costs jumped
Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
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Gas prices, which jumped 9.1% in September from August, accounted for more than half the monthly rise in inflation.
President Trump said he is "very seriously" considering a ban on diesel exports. But such a move could drive U.S. gas prices sharply higher, analysts said.
The surge in diesel prices this year is putting a financial squeeze on schools, farms and small businesses around the U.S.
Uncertainty over global oil supplies tied to Middle East tensions has pushed Florida's gas average to $4.28 a gallon, AAA says.
Florida's gas average jumped 44 cents per gallon in just 10 days, AAA says.
As fuel costs rise, supply chain partners are shipping less, leading to a drop in donations, Feeding South Florida CEO says.
Fort Lauderdale is averaging $4.16 a gallon and Miami $4.13, with diesel hitting $6.50 at one Davie truck stop.
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.
The deal involves developing 17 strategic oil fields in Venezuela, an undertaking that experts said could take years.
E15 is usually only available part of the year to help ease high gas prices under a waiver from the EPA.
The national average for a gallon of regular gas in the U.S. drops to $3.99, the lowest since March 30.
Experts said prices are rising faster than paychecks, and the average household is feeling the squeeze.
Iran says it's considering the latest U.S. peace offer, as President Trump says he's willing to wait "a couple of days" for a response.
Residents are trying to find cheaper options for their Memorial Day weekend travel plans instead of cancelling them all together.
U.S. motorists are likely to face even hotter gas prices as the summer driving season kicks off, according to a new analysis.
Despite gas prices being at a four-year high, the auto club AAA anticipates a record 2.7 million Floridians will take to the roads for the Memorial Day holiday weekend.
Over 250 Miami Gardens drivers got free gas, and 25 moms won $200 Walmart sprees during a community giveaway led by rapper Yung Miami and local leaders.
Higher fuel and food costs are causing consumers to scale back on spending at restaurants, a trend that is also pinching local businesses and commercial fishermen.
Fifty drivers in Broward County received free gas Wednesday morning thanks to SUN Credit Union.
Gas prices have jumped 28% from last year, reaching the highest level since July 2022, as the Iran war continues to restrict global oil supplies.
The gap between the Senate's budget and the House's plan is 1.2 percent of the current budget, but the House Speaker and Senate President were unable to reach a deal during the regular session.
President Trump made the comments in a phone interview with CBS News chief White House correspondent Nancy Cordes.
UniVista organizers said they are working on another gas event in the near future for drivers who missed out.
Gas prices are now 52% higher than prior to the Iran war, with drivers paying $1.56 more per gallon, data shows.
