President Biden calls for suspension of federal gas tax
CBS2's Natalie Duddridge reports some drivers aren't so sure how much it will help.
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CBS2's Natalie Duddridge reports some drivers aren't so sure how much it will help.
With gas prices across the country near $5 a gallon, President Biden is calling on Congress to temporarily suspend the federal gas tax.
CBS2's Nick Caloway has more on what this could mean for your wallet and investments.
President Biden is now calling on oil refineries to increase supply and to worry less about high profits.
The national average price has jumped 19 cents in just the past week, and it's up $1.93 from this time last year.
According to AAA, the entire Tri-State Area is seeing record high prices so far this weekend.
Gas prices have hit an all-time high with the U.S. average a staggering $5 a gallon. CBS2's Leah Mishkin spoke to drivers about how the cost at the pump is impacting summer plans.
Drivers across the Tri-State Area continue to feel the squeeze at the pump.
The national average for a gallon of regular reached $4.87 on Monday. It's even more expensive in the Tri-State Area.
Some Tri-State Area residents have yet to reach their pain-at-the-pump threshold. CBS2's Kevin Rincon explains why.
CBS2's Kevin Rincon has more on why a lot of people in the Tri-State Area keep boosting demand despite seemingly new record-high prices each week.
The national average for a gallon of regular is $4.87, according to AAA. It's more expensive in the Tri-State Area, CBS2's Christina Fan reports.
Gas prices nationwide are soaring to record highs against following the Memorial Day weekend.
As gas prices reach record highs, New York drivers are finally getting some relief at the pump. CBS2's Elijah Westbrook reports on the gas tax holiday.
As gas prices reach record highs, drivers are getting a little bit of relief at the pump. As CBS2's Elijah Westbrook reports, the state is suspending 16 cents of its gas tax.
75 gas stations slashed their prices to show how much New Jersey drivers could save by pumping gas themselves, CBS2's Natalie Duddridge reports.
For one day only, filling up your gas tank at select stations across New Jersey won't cost you the financial headache. CBS2's John Dias has the details.
In the Northeast, a gallon of diesel fuel has doubled, averaging $6.10 on Monday versus $3.05 a year ago.
In the Northeast, a gallon of diesel fuel has doubled, averaging $6.10 on Monday versus $3.05 a year ago, CBS2's Tony Aiello reports.
Angel Alvarez-Michel, 38, allegedly obtained the card and also had a modified gas tank that held 25 more gallons.
CBS2's Jessica Moore explains why.
CBS2's Marcia Kramer has the story.
The suspension will cut the price of gas in the state by 25 cents per gallon for three months.
They say surging fuel prices and Uber's commission on driver trips are crippling their livelihood.
With the rise in gas prices, the debate grows about letting employees work from home. Financial expert Sibile Marcellus spoke with CBS2's Chris Wragge and Mary Calvi about the issue.
