Gas prices are on the rise again. Here's what to expect next.
The cost of filling up is rising ahead of the summer driving season, as peak demand and geopolitical issues converge.
Gas Prices
Why inflation ticked up in February
Consumer prices rose 0.4% from January to February, indicating inflation continues to be a hurdle in the U.S. economy. Gas and home prices contributed to the increase. CBS News' Jo Ling Kent breaks down the figures.
How will OPEC+ cuts affect U.S. gas prices?
Several OPEC+ countries will reduce oil production by a combined 2.2 million barrels per day through June. Jeff Colgan, director of the Climate Solutions Lab at Brown University, joins CBS News to discuss how the decreased output could affect the U.S.
Fourth of July to see 42 million travelers
Despite high gas prices, a record 42 million travelers are expected to drive this Fourth of July. CBS News transportation correspondent Errol Barnett has more.
London cabbies on spiraling U.K. gas prices
Americans are not the only ones feeling the pinch at the gas pump; around the world drivers are paying more for fuel. Charlie D'Agata spoke to some of London's infamous black cabbies who tell us this is the worst they've ever known fuel prices to be, with one even saying the price to fill up has gotten so bad that he's decided to retire.
Gas theft reported across the country
As prices at the pump soar, so do reports of gas theft nationwide. Not only are thieves stealing thousands of gallons from gas stations by bypassing credit card readers, but they're targeting parked cars too, drilling through fuel tanks and leaving victims with costly repairs. Kris Van Cleave has more.
Gas now below $3 across most of country
AAA says the national gas price average is $3.09/gallon with over half the states in the country reporting averages below $3. Robert Sinclair Jr., senior manager of public affairs for AAA Northeast, joined CBS News to discuss the price at the pump.
Gas prices falling ahead of holiday travel
AAA says the national average price for a gallon of gas is about $3.10, with nearly 30 states seeing average costs at the pump below $3. Californians still aren't getting much relief though. Patrick De Haan, head of petroleum analysis for GasBuddy, joined CBS News to discuss why gas prices are dropping.
It's the cheapest Thanksgiving for drivers since 2020 amid gas slump
Gas prices hit an average of $3.27 a gallon this Thanksgiving, marking the cheapest prices since the pandemic despite an uptick in holiday travel.
How Fed may respond to low October inflation
The Labor Department says the rate of inflation — which measures how much prices are rising — fell to 3.2% in October. Frances Stacey, director of strategy at Optimal Capital, joins CBS News to discuss what this means for your wallet and the country's financial outlook.
Gas prices are plunging. Here's what to expect for the holidays.
Gas prices are now below $3 a gallon in eight states, and drivers in other parts of the country could also see cheaper fuel costs.
Israel-Hamas war sparks recession concerns
There are growing concerns that the outbreak of war in the Middle East could tip the world economy into a recession. If Israel is brought into direct conflict with Iran, Bloomberg Economics estimates oil prices could soar to $150 per barrel. Sultan Meghji, former chief innovation officer for the FDIC, joined CBS News to discuss the potential economic fallout of the war.
Oil is rising amid the Israel-Hamas war. Here's impact on gas prices.
Fighting has broken out between Israel and Hamas, pushing up global oil prices amid fears the conflict could escalate.
Oil prices and the Israel-Hamas conflict
Israeli and Palestinian territories are not major oil producers, but if their conflict spreads to other parts of the region it could have major consequences for oil production and prices. Al Root, a senior writer for Barron's, joined CBS News to discuss what could happen.
Oil cuts abroad could impact interest rates
Saudi Arabia and Russia have agreed to extend their voluntary oil production cuts through the end of 2023 -- a move that's already driving prices up. Carolyn Kissane, associate dean at New York University's Center for Global Affairs, joins CBS News to discuss how higher oil prices could also impact interest rates in the U.S.
How gas prices could affect Labor Day plans
Labor Day weekend is here, and millions of Americans --an estimated 148 million according to one survey -- aren't planning to stay home. CBS News senior transportation correspondent Kris Van Cleave has the latest on the travel rush.
Heat wave partly to blame for surge in gas prices
The average price of a gallon of regular gasoline has risen about 30 cents in the last month. The increase is due in part to scorching temperatures which have forced some oil refineries, which are not designed to operate about 95 degrees, to cut production. Kris Van Cleave has more.
Gas prices jump to 9-month high
The average price of a gallon of gas across the U.S. is $3.83 according to AAA, a 9-month high. Wall Street Journal reporter Hardika Singh joined CBS News to discuss the reason for the price spike at the pump.
3 reasons gas prices are climbing again
California has America's most expensive gas at around $5.00 a gallon. The cheapest is in Mississippi at $3.32 a gallon.
Gas prices spiking nationwide
The average price of a gallon of gas nationwide is up to $3.83 according to AAA, over 30 cents more than a month ago. Saudi Arabia's efforts to curb oil production and the summer's record-breaking heat are being pointed to as factors for the high prices. CBS News senior transportation correspondent Kris Van Cleave has the latest.
Gas prices high, but relief could be coming
An oil production cut could lead to more pain at the pump for Americans. Gas prices shot up in July, causing an increased cost for summer road trips. We asked senior transportation correspondent Kris Van Cleave to explain why heat is costing you at the pump.
5/10: CBS News Mornings
Alabama inmate captured in Indiana; Queen Elizabeth not opening UK Parliament.
3/10: CBS News Mornings
VP Kamala Harris and Polish president speak in Warsaw; Soaring gas prices putting strain on Americans
2/25: CBS News Mornings
Russian forces target Ukraine's capital; Winter storm slams Northeast
U.S. gas prices expected to drop
According to AAA, the national average of a gallon of gas is $3.53, down from an average of $4.78 a year ago. Patrick De Haan, head of petroleum analysis at GasBuddy, joined CBS News to talk about what could keep prices at the pump trending down.
Trump cancels housing bill signing, reiterates demand for SAVE America Act
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
Live
U.N. nuclear agency chief says Iran inspections will happen, at some point
After conflicting remarks from Iran and the U.S., the U.N. nuclear agency chief says Iranian sites will be inspected, but the timing is "not essential."
Exclusive
Wounded soldiers, families accuse Army of downplaying war injuries
Soldiers say the Army disregarded warnings about thin defenses and ignored requests for medical supplies. Now they question whether the Army is being transparent about their injuries.
First on CBS
Trump-linked firm is lobbying for pardons and its first client already paid $500K
Mo Strategies, started by former Trump campaign and administration officials, recently expanded its practice into the lucrative world of pardon lobbying.
FBI, NYPD carry out searches tied to bribery investigation of police officials
The searches stemmed from an ongoing probe into the conduct of former NYPD Chief of Department Jeffrey Maddrey, a source told CBS News.
First on CBS
ODNI under Pulte fires 6 staff, sends 45 back to home agencies
Those who were fired and sent to their home agencies didn't have tasks, or their assigned tasks were outdated, a source said.
Mamdani influences New York City's congressional primaries with 3 big wins
New York City Mayor Zohran Mamdani endorsed three left-of-center candidates in the congressional Democratic primaries, and all three are set to win, CBS News projects.
Camp Mystic files for bankruptcy almost a year after deadly Texas floods
The camp listed its debt as exceeding $10 million.
Gen. Chris Donahue set to retire, in latest departure by top military official
Gen. Chris Donahue had clashed with Defense Secretary Pete Hegseth, multiple sources told CBS News.
U.S.
More U.S.
Trump cancels housing bill signing, reiterates demand for SAVE America Act
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
Ex-Oklahoma inmate who was nearly executed 3 times gets new trial
A new murder trial is scheduled for Richard Glossip, a former Oklahoma death row inmate who was released on bond last month after being on the brink of execution three times.
American boy attacked by shark in Bahamas while swimming with brother
The boy was on a tour of the Bahamas' Exuma Cays with his family when the attack occurred, the Royal Bahamas Police Force said.
Trump to meet with Senate Republicans amid tension over elections bill
President Trump is set to attend a lunch meeting with Senate Republicans to push for an elections bill that GOP leaders have said has no chance of passing.
FBI, NYPD carry out searches tied to bribery investigation of police officials
The searches stemmed from an ongoing probe into the conduct of former NYPD Chief of Department Jeffrey Maddrey, a source told CBS News.
MoneyWatch
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Our new podcast will help you make smarter "Money Moves"
Get clear, actionable financial advice starting June 30 wherever you get your podcasts.
Alibaba sues Pentagon over blacklist designation
Chinese tech giant Alibaba has filed a federal lawsuit against the Defense Department for designating it a military-linked firm.
House approves major housing affordability bill, sending measure to Trump
The legislation aims to increase housing supply and lower costs. It marks a rare bipartisan legislative accomplishment for lawmakers.
5 major changes Trump is making in D.C. during his second term
President Trump's construction projects include restoring the Lincoln Memorial Reflecting Pool, building a 90,000-square-foot White House ballroom and a 250-foot triumphal arch.
Judge blocks Trump administration's SNAP limits on sodas, candy
The ruling deals a setback to the "Make America Healthy Again" campaign, which seeks to curb purchases of foods officials say are unhealthy.
Politics
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Trump cancels housing bill signing, reiterates demand for SAVE America Act
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
Trump to meet with Senate Republicans amid tension over elections bill
President Trump is set to attend a lunch meeting with Senate Republicans to push for an elections bill that GOP leaders have said has no chance of passing.
Exclusive
Wounded soldiers, families accuse Army of downplaying war injuries
Soldiers say the Army disregarded warnings about thin defenses and ignored requests for medical supplies. Now they question whether the Army is being transparent about their injuries.
Alibaba sues Pentagon over blacklist designation
Chinese tech giant Alibaba has filed a federal lawsuit against the Defense Department for designating it a military-linked firm.
First on CBS
Trump-linked firm is lobbying for pardons and its first client already paid $500K
Mo Strategies, started by former Trump campaign and administration officials, recently expanded its practice into the lucrative world of pardon lobbying.
HealthWatch
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Medicare's AI push snarls patients and doctors in errors and delays
Medicare is testing the use of artificial intelligence to preapprove several healthcare services.
Confirmed Ebola cases in Congo top 1,000, deaths surpass 250, officials say
Confirmed Ebola cases in the outbreak in eastern Congo have reached 1,003, including 254 deaths, officials said, and tracing those who've been in contact with patients remains a major challenge.
Affordable healthcare emerges as a voter priority in purple Nevada
The Trump administration's cuts to Medicaid and SNAP may complicate Republican Gov. Joe Lombardo's reelection chances.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Fighting childhood obesity, for a healthier, longer life
In 1970, about 1 in 20 children were affected by obesity; today, it's 1 in 5. Dr. Jonathan LaPook looks at programs aimed at helping kids (and their families) get healthy the old-fashioned way, by eating right and exercising.
World
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American boy attacked by shark in Bahamas while swimming with brother
The boy was on a tour of the Bahamas' Exuma Cays with his family when the attack occurred, the Royal Bahamas Police Force said.
Live
U.N. nuclear agency chief says Iran inspections will happen, at some point
After conflicting remarks from Iran and the U.S., the U.N. nuclear agency chief says Iranian sites will be inspected, but the timing is "not essential."
North Korean soldier crosses border in suspected defection, report says
A North Korean soldier has been taken into custody after crossing the Demilitarized Zone into South Korea in a suspected defection, the Yonhap news agency says.
Peru right-wing presidential hopeful Fujimori appears poised to win runoff
Peru's right-wing presidential candidate Keiko Fujimori built what may be an unassailable lead as vote counting for the runoff election entered its final stages, official figures showed.
Senate adopts House-passed Iran resolution in symbolic rebuke of Trump
The Senate approved a House-passed resolution aimed at reining in President Trump on Iran, marking the first time such a measure has made it through both chambers.
Entertainment
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Entertainment
From 2011: Hitmaker Clive Davis
Multiple Grammy-winning music executive Clive Davis, who helped launch the careers of such artists as Barry Manilow, Bruce Springsteen, Whitney Houston and Alicia Keys, died on June 22, 2026 at age 94. In this Oct. 23, 2011 "Sunday Morning" profile, Anthony Mason talked with Davis about his "accidental" career in music, and his comeback after losing his job as head of Columbia Records in the early '70s. Mason also attended one of Davis' legendary pre-Grammy parties, where Jennifer Hudson spoke about what she'd learned from her mentor.
Clive Davis biographer remembers music icon
Record label executive and starmaker Clive Davis died at 94 on Monday. His influence spans genres and decades. Music critic and Davis biographer Anthony DeCurtis reflects on the life and legacy of Clive Davis.
Jim Parsons on Broadway musical debut
Jim Parsons speaks about starring in the musical "Titaníque," which is a comedic retelling of the story of the "Titanic," from the perspective and songs of Celine Dion. Parsons talks about why he wanted to portray's Rose's mother, the show's impact on the LGBTQ+ community and the cast.
Clive Davis dies at 94
Clive Davis, known for propelling artists across genres to stardom, died Monday at the age of 94. "CBS Mornings" co-host Gayle King looks back at his legacy in the music industry.
Actor James Handy's alleged killer found mentally incompetent for prosecution
A judge has found that a man charged with murder in the stabbing of actor James Handy isn't mentally competent for criminal court proceedings.
Technology
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Technology
Tech stocks plummet amid AI bubble worries
Investors are recoiling from tech stocks again over doubts that AI spending will pay off in the long run. Yahoo Finance's Brooke DiPalma explains the current state of the global stock market.
Here's what's behind the tech stock selloff
Stocks slid around the world on Tuesday as investors pulled back from some of the biggest names in tech amid concerns about ongoing inflation and the possibility of future interest rate hikes. CBS News' Jo Ling Kent has more.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Ex-CISA director on intel community's AI warning
An international alliance warns that advanced artificial intelligence models are on the brink of being able to overwhelm cybersecurity systems for governments and businesses. Former CISA Director Chris Krebs joins with analysis.
Tech stocks tumble over AI cost concerns
A massive tech stock sell-off dragged down the S&P 500 and Nasdaq on Tuesday. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Science
More Science
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
6/21: Sunday Morning
Hosted by Lee Cowan. Featured: Birthright citizenship; the Theodore Roosevelt Presidential Library unveiled; Shooter Jennings releases recordings by his father, Waylon Jennings; comedian John Mulaney; childhood obesity; and the secrets of seahorses and seadragons.
Seahorses and seadragons, some of Nature's most curious creatures
Seahorses are unique ocean inhabitants with a head like a horse, a pouch like a kangaroo, a tail like a monkey, and the ability to camouflage themselves like a chameleon. They also exhibit an unconventional gender dynamic, in that the males do the work of carrying around fertilized eggs. Correspondent Conor Knighton goes in search of these fascinating fish – and their equally fascinating cousins, seadragons – at the Birch Aquarium at the Scripps Institution of Oceanography in California.
Watch: Pentagon releases 6 new UFO videos
The Defense Department released a third batch of UFO files on Friday, three weeks after its second drop. These are all of the videos in the latest tranche, plus analysis from astrophysicist Avi Loeb.
Crime
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Crime
TSA seizes illegal drones by World Cup arenas
Despite repeated warnings, many drone operators are allegedly violating flight restrictions near World Cup sites, the TSA says. Meanwhile, more drones are being integrated into the U.S. national airspace and military operations. Drone expert Tombo Jones joins "CBS News 24/7 Mornings" to comment on drone technology.
Details on Bill Gates' Epstein testimony
The House Oversight Committee released transcripts of Bill Gates' testimony in the Jeffrey Epstein probe. CBS News' Aaron Navarro has more.
Reflecting on the Etan Patz kidnapping case
The Supreme Court recently decided to reinstate the conviction of the man accused of kidnapping and murdering 6-year-old Etan Patz in 1979, bringing the case back into the public eye. "After Etan" author Lisa Cohen shares her thoughts on how the Etan Patz kidnapping changed how the public viewed missing children's cases.
Latest on Nancy Guthrie Ransom notes
Authorities believe that two ransom notes addressed to Nancy Guthrie's family shortly after her disappearance are linked to the same person or group. CBS News' Anna Schecter has more.
New details in Nancy Guthrie case
Investigators familiar with the case believe it is likely that two ransom notes sent to Nancy Guthrie's family were written by the person or group that abducted her. While the first note demanded millions in bitcoin, the second claimed that Nancy Guthrie had died, albeit not purposefully, according to sources who reviewed the notes. CBS News' Bradley Blackburn has more details on the case.
Space
More Space
Telescope snaps most detailed photo yet of Milky Way's heart
Euclid is on a mission to chart one-third of the sky in the hopes of shedding light on the enduring mysteries of dark matter and dark energy.
Interstellar comet may be oldest object ever seen in solar system
Exactly where the comet 3I/ATLAS came from within the Milky Way remains a mystery.
Researchers find "Pink Planet" has salty clouds: "We were very surprised"
The "Pink Planet," formally known as GJ504b, was discovered in 2013 and is technically not a planet but rather a "planetary-mass companion."
NASA chief defends choice of all-male crew for Artemis III mission
NASA's Jared Isaacman says the crew was selected solely based on their experience, expertise and availability for flight assignment.
NASA names 4 astronauts for next Artemis mission
NASA's Artemis III astronauts plan to carry out rendezvous and docking procedures with commercial moon landers being built by SpaceX and Blue Origin.
Latest Galleries
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Celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
TSA seizes illegal drones by World Cup arenas
Despite repeated warnings, many drone operators are allegedly violating flight restrictions near World Cup sites, the TSA says. Meanwhile, more drones are being integrated into the U.S. national airspace and military operations. Drone expert Tombo Jones joins "CBS News 24/7 Mornings" to comment on drone technology.
Israel refuses to pull all troops from Lebanon
Iran wants Israeli forces to leave Lebanon as Tehran negotiates a deal with the U.S. While Israel says it is now considering a U.S.-backed proposal to remove some of its military presence, leadership is refusing to completely withdraw from the region. BBC News' Charlotte Gallagher has more.
Details on Bill Gates' Epstein testimony
The House Oversight Committee released transcripts of Bill Gates' testimony in the Jeffrey Epstein probe. CBS News' Aaron Navarro has more.
Rubio meets with Gulf allies in Kuwait
Secretary of State Marco Rubio is in Kuwait on Wednesday to meet with Gulf allies as the U.S. moves to get closer to a deal with Iran. CBS News' Aaron Navarro has more.
Trump tells DOJ to probe oil prices
President Trump says he ordered the Justice Department to investigate alleged gas price gouging amid negotiations with Iran. Meanwhile, new details have emerged on Bill Gates' congressional testimony about his links to Jeffrey Epstein. CBS News' Nikole Killion and Caitlin Huey-Burns report.