What's fueling high gas prices
Inflation, the war in Ukraine, supply chain issues coupled with rising demand are all factors in the steep gas prices the country is seeing, but there's more to it. Michael George has the latest.
Gas Prices
Gas prices hit records as inflation fears intensify
As the price of gas and groceries rise with inflation, plenty of Americans are feeling the financial pressure of an economy potentially heading toward a recession. Errol Barnett takes a look.
Biden administration cancels Alaska oil and gas lease sale
The Interior Department's decision to not move forward with the lease sale comes as gas prices soar.
Gas tops $6 in California as prices surge nationally
Drivers are spending almost $5,000 a year on gasoline, a 70% jump from a year earlier, a Wall Street economist says.
Gas prices top $4 in every U.S. state for the first time
Average price reaches record $4.52 per gallon. Blame the high cost of oil and switch to summer gas blends.
Alaska oil and gas lease sale canceled
The Interior Department has canceled planned oil and gas lease sales in Alaska. The decision, which halts the potential to drill oil across one million acres in the Cook Inlet, comes as gas prices reach record highs. Drew Caputo, the vice president of litigation for lands, wildlife and oceans for the environmental advocacy group Earthjustice, joins Lana Zak to discuss.
Biden canceled energy lease sales. Is that impacting gas prices?
Critics say the U.S. government's move to block more drilling shows a "lack of commitment" to energy independence.
Gas prices surge to new record high of $4.43 per gallon
Prices at the pump now top $4 in all but three U.S. states, with costs driven up by a drop in capacity.
Prices climb despite inflation drop in April
The U.S. Department of Labor says the Consumer Price Index rose 8.3% from a year ago, down from an 8.5% annual increase in March. CBS News correspondent Carter Evans explains how high prices are squeezing Americans across the nation. Then, CBS News' Sarah Ewall-Wice joins Elaine Quijano to discuss.
Biden outlines plan to tackle inflation
President Biden delivered a speech Tuesday outlining his plans to reduce inflation and lower costs for consumers. CBS News senior White House and political correspondent Ed O'Keefe reports from Washington, then Ann Barry, the chief investment officer at Wheelhouse, joins Elaine Quijano on CBS News to discuss.
Biden pushes back at GOP over inflation
President Biden gave a speech on Tuesday on his plans to steady the economy, and he pushed back against Republicans who have been targeting Democrats over rising prices and inflation. Federal Reserve reporter for The New York Times Jeanna Smialek joins CBS News' Tanya Rivero and Mola Lenghi with more on the president's speech.
Americans are spending $100 more a month on gas than last year
AA reports that the national average cost of gasoline as of Tuesday is $4.37.
Gas hits new high as prices continue to climb
Gas prices hit a record high Tuesday as President Biden is set to announce new plans to fight inflation. Nancy Cordes reports from the White House.
Biden administration launches plans to replenish oil reserves
The administration wants to buy back 60 million barrels of oil.
Third Oath Keepers member pleads guilty
Another member of the far-right Oath Keepers group pleaded guilty on Wednesday to the high-level charges of seditious conspiracy during last year's attack on the U.S. Capitol. Meanwhile, officials are expecting border arrivals to increase once a pandemic restriction known as Title 42 is lifted. CBS News congressional correspondent Scott MacFarlane joins Elaine Quijano to discuss the latest.
Gas price hack: Save money on gas with a free Sam's Club membership
Find out how to receive a $45 Sam's Club e-gift card when you sign up -- it's like getting a membership for free.
Gas prices and GDP raise concerns
Gas prices are once again rising, with the national average now around $4.14 per gallon. Democrats are proposing new legislation to give the Federal Trade Commission increased authority to crack down on price gouging. CBS News chief White House correspondent Nancy Cordes joins "CBS News Mornings" to discuss.
After drifting downward, gas prices are on the rise again
The national average for a gallon of gas is now $4.15 a gallon, according to AAA.
Crude oil prices are down. Why aren't drivers seeing relief?
Gas stations tend to lower prices gradually when crude oil drops, one expert says. Here's why.
High gas prices pump up demand for electric vehicles
One CEO warned this could be worse than the current chip shortage as demand for the materials inside the batteries skyrockets.
Europe's reliance on Russian energy
Many European countries continue to buy natural gas and oil from Russia, which is providing Moscow an estimated $1 billion per day. Boston Globe reporter Jim Puzzanghera joins "CBS News Mornings" to discuss the reliance on Russian energy and the role it plays in the ongoing war in Ukraine.
The cost of returning to the office
Many companies are calling employees back to an in-person work environment, and workers are now dealing with the costs of coming back to the office. Charisse Jones, a business reporter for USA Today, joins "CBS News Mornings" to discuss employees' financial concerns.
Millions hit the road despite high gas prices
Millions of Americans hit the road over the Easter holiday weekend despite high gas prices. CBS News' Weijia Jiang reports from the White House, where the annual Easter Egg Roll is taking place for the first time since the pandemic began.
Changes on travel masks, immigration rule
The TSA will not enforce mask mandates on airplanes after a federal judge in Florida struck down the policy. Plus, opposition to ending Title 42 from a high-ranking Democratic senator. CBS News senior White House and political correspondent Ed O'Keefe joins "Red and Blue" to discuss this and more.
Higher gas prices a factor for those considering hybrid/electric car
But more would still buy a gas-powered vehicle.
live updates
Government shutdown live updates as impasse enters second day
The first government shutdown in nearly seven years is underway as Republicans and Democrats remain at an impasse over 2025 funding. Follow live updates here.
The facts behind the shutdown debate over health care and immigrants in U.S. illegally
One of the main lines of attack leveled by Republicans amid the government shutdown is that Democratic lawmakers want to give immigrants in the U.S. illegally free healthcare — which Democrats deny.
Jane Goodall, renowned conservationist, dies at 91
British conservationist Jane Goodall spent her life researching and educating others about chimpanzees and the natural world.
Trump administration freezes $18 billion in infrastructure funding to New York
The Trump administration announced $18 billion in federal funds will be frozen for key New York City projects amid the government shutdown.
Investors are unfazed about the government shutdown. Here's why.
Data shows government shutdowns tend to have a modest impact on financial markets and the broader U.S. economy.
Trump press secretary Karoline Leavitt retakes prime West Wing office space
White House press secretary Karoline Leavitt is reclaiming the press secretary's traditional West Wing office — a roomy space with a fireplace.
Two Delta planes collide on taxiway of New York's LaGuardia Airport
There were no serious injuries after two passenger jets had a collision on the taxiway of LaGuardia Airport, officials said.
NYC high-rise partially collapses after explosion
Emergency crews are responding to reports of a possible gas explosion and partial building collapse in the Mott Haven section of the Bronx.
Legal threats hang over governor's race after report on Sherrill's military records
The National Archives admitted it had erred in releasing a mostly unredacted version of Mikie Sherrill's military records to an ally of her opponent.