Biden releases oil reserves to battle gas prices
President Biden announced plans to release oil from the Strategic Petroleum Reserve in an effort to bring down high gas prices. Ed O'Keefe shares more.
Gas Prices
Biden details plan to increase gas supply
President Biden spoke Tuesday about how his administration is tapping an emergency oil reserve to increase supply and help lower gas prices at the pump. He also spoke broadly about the state of the economy. CBS News congressional correspondent Kris Van Cleave joins CBSN's Tanya Rivero to discuss.
U.S. to release oil from nation's reserves
President Biden announced he will order the release of oil from the nation's Strategic Petroleum Reserve, part of a larger plan to address rising gas prices and their effect on the economy. CBS News' Skyler Henry reports and CBS MoneyWatch reporter Irina Ivanova explains down how this plan will affect the cost of gas moving forward.
Biden releasing oil from strategic reserves to help lower gas prices
The administration has been pushing China, India, Japan and South Korea to join in a coordinated effort to release reserves of crude oil to help tamp down rising gasoline prices.
Biden to address gas prices, economy
President Biden will speak about rising gas prices and the state of the economy as his administration plans to release some oil from the Strategic Petroleum Reserve in an attempt to lower prices at the pump. Sean Sullivan, a CBS News political contributor and White House reporter for The Washington Post, joins CBSN to discuss the latest.
Biden takes steps to reduce gas prices
President Biden will speak this afternoon on the current state of the economy. Earlier, he announced plans to release oil from the strategic petroleum reserve to help combat rising gas prices. CBS News senior White House correspondent Weijia Jiang joined CBSN with more.
Here's how much more you're paying for food and fuel
Household budgets are feeling the pinch as inflation rises, pushing up the cost of staples like gas and milk.
Can President Biden do anything to lower gasoline prices?
The White House has called on the FTC to investigate high prices and suggested it may tap the nation's strategic reserves.
Biden wants FTC to investigate gas prices
The cost of gasoline is up nearly 50% from a year ago, the latest Consumer Price Index showed.
Consumers to pay higher prices during holidays
Economists say inflation will force millions of Americans to pay higher prices during the holiday season this year. Associated Press writer Paul Wiseman joins CBSN's Lana Zak to discuss more.
The cost of heat and gas is surging. Here's why.
As inflation roars, Americans should brace for a big jump in heating costs this winter, according to energy regulators.
October's inflation spike steepest in 30 years
Americans are paying more for a broad swath of goods, ranging from basics like food to big items such as automobiles.
Gas jumps 20 cents a gallon in a month
U.S. drivers paid an average of more than $3.36 per gallon Monday, according to one price tracker.
Spike in fuel prices could mean an energy crisis this winter
Driving your car is costing a lot more — and heating your home this winter could, too.
With motorists paying the lowest Memorial Day gas prices in 11 years, AAA expects more than 38 million Americans will be driving to their holiday destinations - that's 700,000 more than last year
With motorists paying the lowest Memorial Day gas prices in 11 years, AAA expects more than 38 million Americans will be driving to their holiday destinations - that's 700,000 more than last year. Senior consumer analyst Vera Gibbons joins "CBS This Morning: Saturday."
Why are U.S. gas prices so high? Not for the reason Biden thinks
While the president blames "profiteers," energy analysts point to other reasons why prices at the pump have jumped.
Ida likely to drive up U.S. gasoline prices
Storm shut down 95% of oil and gas production in the Gulf Coast and disrupted fuel deliveries.
Ida impacts oil and gas production in Gulf Coast
Almost all of the Gulf's crude oil and gas production are shut down as the region reels from Hurricane Ida. It could lead to an increase in gas prices.
FDA to authorize third COVID vaccine dose
The Food and Drug Administration's expected decision to authorize a third coronavirus vaccine dose comes as the White House intensifies its push to vaccinate more Americans and a growing surge in COVID-19 cases. CBS News senior White House correspondent Weijia Jiang joins CBSN to discuss this and other headlines from the administration.
Why is it so hard to find chargers for electric cars?
The Biden Administration is increasing its efforts to expand the nation's green economy, starting with electric vehicles. CBS News climate and energy reporter Cara Korte spoke with CBSN's Tanya Rivero about why current utility restrictions could hamper the President Joe Biden's efforts to add 500,000 charging stations nationwide.
Upticks in car and gas prices driving inflation
A surge in car and gas prices is causing inflation to rise at the fastest pace since 2008. Fueling the increase in prices is a microchip shortage. CBS News MoneyWatch reporter Irina Ivanova joined CBSN's Elaine Quijano to discuss.
Desperate travelers face high prices, crowded vacation spots
Americans desperate for vacation are facing increasing prices in hotel rooms, airfare, gas and car rentals.
Pumping up the prices
Friday morning, millions of Americans are hitting the road to get a jump start on their 4th of July weekend. More than 47 million people are expected on roadways and in the skies, nearly matching pre-pandemic levels this holiday weekend. Errol Barnett reports.
Gas prices soar ahead of July 4 weekend
Holiday travelers may find sticker shock at the gas station — if the station hasn't run dry of fuel. Errol Barnett has more.
Gas prices at 6-year highs as panic-buying prolongs shortages
Five days after Colonial Pipeline resumed operations, more than 10,500 stations still empty in southeastern states.
Live
Houthis enter Iran war, more U.S. troops arrive to Middle East
The Trump administration is awaiting Iran's formal response to its 15-point peace proposal, as Tehran continues blocking the Strait of Hormuz.
Here's what needs to happen before oil starts flowing through Strait of Hormuz again
As the U.S.-Iran war nears the one-month mark, the fragile global oil market has emerged as a key weapon in Iran's arsenal — and some shipping and insurance experts don't expect the situation to return to normal until the conflict winds down.
DHS funding bill passes House, but shutdown drags on as Senate approves its own plan
The House passed a measure to fund DHS for 60 days — but it's still unclear how the shutdown will end as the Senate is on recess.
French police stop apparent bomb attack outside Bank of America building
The incident occurred in the middle of the night, while the office was closed. No employees were injured, according to the bank.
Colombian navy says it shut down 30 drug labs, seized 2 tons of cocaine
The Colombian navy said it also seized thousands of gallons of smuggled fuel, preventing "the strengthening of illicit economies."
Republicans stand by Trump on Iran, but are split on how war could end
At this year's CPAC, many attendees toed a fine line between backing the war in Iran and worrying about how the conflict could expand.
12 tons of KitKat bars stolen in chocolaty heist in Europe, Nestle says
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
Tiger Woods charged with DUI after crash in Florida, authorities say
In 2021, Woods was seriously injured in a rollover crash in Rolling Hills Estates, a Los Angeles suburb.
Henry Lee, forensic scientist who testified at O.J. Simpson trial, dies at 87
Dr. Lee rose to fame after his testimony in Simpson's 1995 trial, in which he questioned the handling of blood evidence.
U.S.
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Henry Lee, forensic scientist who testified at O.J. Simpson trial, dies at 87
Dr. Lee rose to fame after his testimony in Simpson's 1995 trial, in which he questioned the handling of blood evidence.
2 students killed, 7 other people injured in bus crash during school field trip
The school district said 25 students and five adults were on the bus headed out for a school field trip.
Worldwide "No Kings" rallies set to draw millions protesting against Trump
Organizers say more than 3,100 events have been registered in the U.S., with more than 9 million people expected to participate.
Bank of America reaches $72.5 million settlement in Epstein lawsuit
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
U.S. Tomahawks are being used in Iran war faster than stockpile is being refilled
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
MoneyWatch
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Bank of America reaches $72.5 million settlement in Epstein lawsuit
Bank of America has reached a $72.5 million settlement in a lawsuit that alleges the financial giant helped facilitate the sex trafficking operation of convicted sex offender Jeffrey Epstein.
Education Department tells 7.5 million SAVE borrowers to prepare for repayment
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
How soon will TSA lines return to normal after the shutdown ends?
The Department of Homeland Security said TSA agents should begin receiving pay as early as Monday, March 30.
Should you rely on AI to do your taxes? Experts warn of risks.
About 1 in 4 Americans are using AI chatbots to prepare their tax returns, but experts warn the tools can produce outdated or inaccurate guidance.
CBS News gas and oil price tracker shows how much energy costs are rising
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.
Politics
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Republicans stand by Trump on Iran, but are split on how war could end
At this year's CPAC, many attendees toed a fine line between backing the war in Iran and worrying about how the conflict could expand.
Here's what needs to happen before oil starts flowing through Strait of Hormuz again
As the U.S.-Iran war nears the one-month mark, the fragile global oil market has emerged as a key weapon in Iran's arsenal — and some shipping and insurance experts don't expect the situation to return to normal until the conflict winds down.
Education Department tells 7.5 million SAVE borrowers to prepare for repayment
More than 7 million student loan borrowers who've been enrolled in a Biden-era repayment plan will receive notices with instructions to seek a new plan to repay their debt.
U.S. Tomahawks are being used in Iran war faster than stockpile is being refilled
The U.S. has used close to 1,000 Tomahawk missiles since June 2025 and has been procuring them at a rate of about 90 per year.
10 Americans injured in Iranian attack on Saudi air base
Ten U.S. service members were injured in an attack on Prince Sultan Air Base in Saudi Arabia, according to multiple U.S. officials.
HealthWatch
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Hockey player diagnosed with Stage IV cancer at 26: "It was surreal"
David Lyon is one of the rising number of young adults to be diagnosed with colorectal cancer.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
CDC's acting chief promises a return to stability in a tumultuous moment
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
FDA says billionaire's claims about cancer drug Anktiva are misleading
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
More parents are refusing routine newborn preventative care, study finds
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
World
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Nepal former prime minister and home minister arrested over protest deaths
An election earlier this month was the country's first since youth-led protests against corruption and poor governance.
More than 3,500 U.S. troops arrive in Middle East as Iran war intensifies
U.S. Central Command said Saturday that more than 11,000 targets have been struck since Operation Epic Fury began on Feb. 28.
"Quad god" Ilia Malinin wins 3rd consecutive world skating championship title
Six weeks after Ilia Malinin missed the Olympic podium, the "quad god" reeled off huge jumps and a backflip to retain his world figure skating championship title.
French police stop apparent bomb attack outside Bank of America building
The incident occurred in the middle of the night, while the office was closed. No employees were injured, according to the bank.
Colombian navy says it shut down 30 drug labs, seized 2 tons of cocaine
The Colombian navy said it also seized thousands of gallons of smuggled fuel, preventing "the strengthening of illicit economies."
Entertainment
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Entertainment
Brandon Uranowitz on reviving "Ragtime"
Tony Award-winner Brandon Uranowitz sits down with "CBS Saturday Morning" to discuss his journey to landing his latest role in "Ragtime" at Lincoln Center.
The Avett Brothers' bassist talks new book
Bob Crawford, the bassist for The Avett Brothers, shares with "CBS Saturday Morning" why he believes John Quincy Adams is an underrated American hero amid the release of his new book "America's Founding Son: John Quincy Adams, from President to Political Maverick."
Courtney Barnett performs "Mantis"
Grammy-nominated Australian singer-songwriter Courtney Barnett's latest studio album "Creatures of Habit" takes inspiration from recent life changes, including her move to Los Angeles. Here is Courtney Barnett with "Mantis."
Courtney Barnett performs "Stay In Your Lane"
Grammy-nominated Australian singer-songwriter Courtney Barnett's latest studio album "Creatures of Habit" takes inspiration from recent life changes, including her move to Los Angeles. Here is Courtney Barnett with "Stay In Your Lane."
Courtney Barnett performs "One Thing At A Time"
Grammy-nominated Australian singer-songwriter Courtney Barnett's latest studio album "Creatures of Habit" takes inspiration from recent life changes, including her move to Los Angeles. Here is Courtney Barnett with "One Thing At A Time."
Technology
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Technology
Judge blocks Pentagon's Anthropic risk label
A judge has temporarily blocked the Pentagon's attempt to designate Anthropic as a supply chain risk. CBS News legal contributor Jessica Levinson joins with analysis.
Kentucky family rejects millions for land
A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
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.
CBS News poll analysis on what jobs AI should be doing
As AI use rises, many see it decreasing the number of jobs available.
What jobs are most at risk from AI
New research from the Society of Human Resource Management shows which regions and jobs are most at risk from artificial intelligence. Johnny Taylor, president and CEO of SHRM, joins CBS News to discuss the findings.
Science
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Arctic sea ice hits lowest winter level as heat records are shattered worldwide
Arctic sea ice levels are crucial to Earth's climate because, without the ice reflecting sunlight, more heat energy goes into the oceans.
Sharks in Bahamas test positive for caffeine, painkillers, cocaine
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
What to know about the "wild, wild West" of viral peptide claims
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
Amputee sea turtle being tracked at sea from space
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
600-year-old pinot noir grape seed found in medieval hospital
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Crime
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French police stop apparent bomb attack outside Bank of America building
The incident occurred in the middle of the night, while the office was closed. No employees were injured, according to the bank.
Tiger Woods released from jail after arrest
Tiger Woods was released from the Martin County jail in Florida following his DUI arrest after a rollover crash on Friday.
Colombian navy says it shut down 30 drug labs, seized 2 tons of cocaine
The Colombian navy said it also seized thousands of gallons of smuggled fuel, preventing "the strengthening of illicit economies."
12 tons of KitKat bars stolen in chocolaty heist in Europe, Nestle says
The truck, transporting 413,793 KitKat bars, was stolen during transit in Europe, Nestle said.
Tiger Woods charged with DUI after crash
Tiger Woods was charged with driving under the influence after a car crash in Jupiter, Florida, on Friday, authorities announced during a news conference. CBS News' Anna Schecter joins with more.
Space
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Meet the rescue team behind the astronauts as Artemis II's launch approaches
A global team of air force rescuers is on standby, ready to come to the aid of the Artemis II crew after their space launch.
Behind the plans of an Artemis II rescue
While final preparations are underway for the Artemis II launch, "CBS Saturday Morning" takes a peek behind-the-scenes at the plans being made for if the crew needs to be rescued.
NASA begins final countdown for moon mission
NASA's Artemis II crew arrived in Florida on Friday, signaling final preparations are underway for the first crewed Moon mission since the Apollo 17 mission in 1972.
Crew arrives ahead of Artemis II launch
Four NASA astronauts are gearing up for a historic mission to return humans to deep space for the first time in over 50 years. The crew touched down at the Kennedy Space Center in Florida on Friday for final preparations ahead of next week's planned Artemis II launch. CBS News space consultant Bill Harwood has more.
Final preparations underway for Artemis II launch
It's the dawn of a new lunar era for NASA, with the four-person Artemis II crew arriving Friday afternoon at Florida's Kennedy Space Center after spending two weeks quarantining in Houston. CBS News space contributor Christian Davenport joins "The Takeout" to preview the mission.
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The Avett Brothers' bassist talks new book
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