Gasbuddy Predicts Drivers Could Be Paying $4 For Gas By Memorial Day
One forecast projects prices at the pump will peak nationally at a monthly average of $3.79 in May, before finally retreating below current levels by late 2022.
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One forecast projects prices at the pump will peak nationally at a monthly average of $3.79 in May, before finally retreating below current levels by late 2022.
"Prices may continue to slide as the market continues to assess the latest possible economic impact of the omicron variant," said AAA Texas spokesperson Daniel Armbruster.
The statewide gas price average for a gallon of regular unleaded is $2.91. That price is two cents less than last week and $1.01 more per gallon compared to last year.
Prices at the pump have finally started to creep lower, and according to new government forecasts the trend should speed up significantly in the coming months.
Slight downward movement for the average U.S. price of regular-grade gasoline. Prices fell 2 cents over the past two weeks.
AAA said Thursday that a decrease in demand is leading to a drop in gas prices as crude oil prices also tumble.
"We consume 20 million barrels per day so basically he's (President Biden is)talking about reducing 2 1/2 days worth of supply," economist Bernard Weinstein said.
The average gas price in Texas is $3.00 for a gallon of regular unleaded. That price is five cents less than on this day last week and $1.21 more per gallon compared to last year.
A White House official confirmed to CBS News that President Joe Biden will announce on Tuesday a plan to release 50 million barrels of oil from the U.S.' emergency stockpile.
AAA says 53.4 million people are expected to travel for Thanksgiving—making it close to what it was before the pandemic.
AAA Texas, the statewide gas price average in Texas is $3.03 a gallon for regular unleaded. That price is four cents less than on this day last week and $1.23 more compared to this time last year.
The current fuel rates per gallon statewide are hovering above $3.00.
The statewide gas price average in Texas is $3.07 for a gallon of regular unleaded fuel. That price is $1.27 more per gallon compared to this day last year.
The confirmation of the runaway inflation is also troubling for those working to help families already on the financial edge.
The average gasoline price in Texas is $3.02 for a gallon of regular unleaded -- that's nine cents more than on this day last week and $1.15 more than this day last year.
The statewide gas price average in the Lone Star State is $2.87 for a gallon of regular unleaded fuel, a direct reflection that for the first time since 2014 US oil prices are back above $80 per barrel.
According to AAA, the national gas price average Tuesday, August 31, was just under $3.16, but the agency said to expect those to fluctuate as we head into Labor Day weekend.
The average statewide gasoline price in Texas is $2.79 for a gallon of regular unleaded, according to AAA Texas. That price is five cents less compared to a week ago.
The current statewide average price for a gallon of regular unleaded fuel in Texas is $2.84. That price is one cent less than from this day last week and 97-cents more than last year.
As gasoline prices reach a seven-year high, the Biden administration is calling on OPEC and its allies to do more to combat rising energy prices.
The current price for gasoline in Texas is 93 cents more per gallon compared to this day last year.
Americans continue to shell out more money at the gas pump. The average U.S. price of regular-unleaded rose a nickel over the past two weeks, to $3.21 per gallon.
The statewide average is now $2.81 for a gallon of regular unleaded fuel.
According to AAA Texas, the statewide gas price average in the Lone Star State is $2.81 for a gallon of regular unleaded.
The statewide gas price average in Texas is $2.75 for a gallon of regular unleaded -- which is one cent less than last week and 87 cents more than last year.
Local North Texas races are set to be decided, along with candidates for key statewide races
A First Alert Weather Day is in effect for the day, with expected impacts to include damaging winds, localized flooding, and hail.
The Rockies scored two in the third when Karros hit a grounder to third baseman Jung for a two-out error.
The lawsuit comes after more than 400 public submissions on the future of the site.
Political chaos has engulfed Britain, with six people holding the U.K.'s top job in a decade, including one prime minister who lasted only 45 days.
A First Alert Weather Day is in effect for the day, with expected impacts to include damaging winds, localized flooding, and hail.
Voters who participated in the March primary election may only vote in that same party's primary runoff for the remainder of the election cycle, officials say.
Local North Texas races are set to be decided, along with candidates for key statewide races
The Rockies scored two in the third when Karros hit a grounder to third baseman Jung for a two-out error.
The lawsuit comes after more than 400 public submissions on the future of the site.
As he battles terminal cancer, a Fort Worth fire captain says the state's workers' comp system has failed him — and he's far from alone.
A Kennedale couple says their leased solar panels stopped producing power and became a costly burden after years of unfulfilled promises.
Family ignored a nighttime alert during deadly flooding. Now, questions are growing about notification fatigue and whether the system needs changes.
Texans are tuning out more than Amber Alerts, with the highest opt-out rate in the country for wireless emergency alerts.
State records show regulators ordered the removal of a plastic gas pipe installed in the early 1970s after it was linked to multiple explosions and deaths in North Texas.
The Trump administration is doubling down on efforts to resettle White Afrikaners from South Africa as refugees, proposing to increase the government's refugee cap to welcome thousands more of them, according to a plan obtained by CBS News.
Massie said the president is worried about his preferred candidate Ed Gallrein's chances in the Kentucky race.
Acting Attorney General Todd Blanche announced the creation of the fund as part of the settlement of President Trump's lawsuit against the IRS over the leaking of his tax returns.
The Trump administration announced it's restricting people who don't have U.S. passports from entering the country if they have been in Congo, South Sudan or Uganda amid the Ebola outbreak.
The Trump administration has placed intense pressure on Cuba's communist leadership.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
The cruise ship hit by a deadly hantavirus outbreak has docked at the Dutch port of Rotterdam for disinfection, wrapping up a troubled journey that put world health authorities on alert.
At least 80 deaths have been reported in a new Ebola disease outbreak in Congo and Uganda, authorities said.
Dr. Tracy Beth Høeg, leader of the Food and Drug Administration division responsible for regulating prescription and over-the-counter drugs, is leaving her post, a senior FDA official confirmed.
A Texas couple is filing a lawsuit accusing the AI company of guiding their teenage son in using drugs, resulting in a fatal overdose.
An American on the repatriation flight began showing symptoms of hantavirus and another "tested mildly PCR positive for the Andes virus," the Department of Health and Human Services says.
Expensive tickets, trouble getting visas and anti-American sentiment may all be contributing to underwhelming demand.
Herring said that in the year before tariffs, used car sales were just under half of his business at his dealership in Irving; Now, they are nearly 75 percent.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
Weiser said "the last few years has required a heavy financial lift to continue operating."
Small businesses along South Akard Street say the removal of a key bridge connecting Downtown Dallas to the Cedars neighborhood is already driving customers away, with no return of direct access expected until 2028.
The Rockies scored two in the third when Karros hit a grounder to third baseman Jung for a two-out error.
Top draft pick Azzi Fudd scored a season-high 12 points off the bench and Paige Bueckers added 18 points and seven assists.
As North Texas gears up for the 2026 FIFA World Cup, fans are already asking what game day traditions will look like in Arlington. Officials say tailgating will be allowed — but it may feel different from a typical Cowboys game day.
Ronda Rousey used her signature armbar to stop Gina Carano just 17 seconds into a comeback bout between the two MMA fighters.
FIFA President Gianni Infantino joked that if someone does pay $2 million for a ticket to the World Cup final, "I will personally bring him a hot dog and a Coke."
"Survivor" 48 and 50 contestant Joe Hunter believes his sister Joanna, whose death was ruled a suicide, was murdered. He and their mother are working to be Joanna's voice and advocate for others who have experienced domestic violence.
Pop singer accuses electronics manufacturer Samsung of using a copyrighted image of her face to sell TVs.
"The question is what do they get themselves into that requires a visit to the mayor's office? I don't know, but I would love to," said Mattie Parker in an interview with CBS News Texas.
A trial in the lawsuit between Blake Lively and Justin Baldoni was set to begin later in May.
The performance followed similar shows by Madonna in 2024 and Lady Gaga last year on one of the world's most iconic waterfronts.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
