White House exploring ways to lower gas prices
With inflation at a 40-year high, the price of gas is creating "a five-alarm fire at the White House," one reporter said.
Gas Prices
Here's where drivers are seeing the biggest breaks on gas prices
Drivers in Maryland and Georgia have seen almost immediate relief from tax holidays. But there could ultimately be a cost.
What can politicians do to lower U.S. gas prices?
From suspending highway taxes to releasing more oil from Strategic Petroleum Reserve, here are policymakers' options.
Biden touts new joint task force to help wean EU off Russian gas
"I know eliminating Russian gas will have costs for Europe," President Biden said as he announced more shipments from the U.S., "but it's the right thing to do."
U.S. oil companies don't plan to drill more, despite high prices
Rather than give consumers relief at the pump, many oil and gas executives are sending profits to investors.
The EU response to the war in Ukraine
European Union leaders are meeting for a second day in Brussels. European Union Ambassador to the United States Stavros Lambrinidis joins CBS News to discuss what actions leaders are considering as the Russian invasion of Ukraine continues.
Stimulus checks for gas? Here's what could be coming your way.
A trio of bills in Congress would offer stimulus payments and rebates to help Americans cope with soaring gas prices.
Several states temporarily suspend gas taxes
Certain states have temporarily suspended their gas taxes as prices at the pump have surged in the U.S. amid inflation and Russia's war with Ukraine. Tamar Essner of Vectis Energy Partners joined CBS News' Meg Oliver and Tanya Rivero to discuss the gas tax holiday.
Here are the states suspending their gas taxes
As gas prices soar across the country to record highs, states are grappling with how to help consumers.
How the price of crude oil affects local operators in America
Oil prices have been especially volatile in the last five years, and the boom and bust of the oil patch can have a major impact on small producers.
How to increase your gas mileage
With gas prices soaring, motorists known as "hyper-milers" have found ways to drive with fuel efficiency in mind. Kris Van Cleave gets behind the wheel to learn the secrets to "going the extra mile" on a tank of gas.
The secrets to saving money at the pump by "hyper-miling" on the road
Wayne Gerdis said his slow and steady approach to driving has been getting him well over 80 miles per gallon, saving him about $2,500 a year.
What makes gas prices go up and down?
Last week U.S. gas prices hit a record high, which adds to the cost of just about everything we buy. But is the Russian invasion of Ukraine – and the U.S. ban on Russian oil – to blame? Not entirely, correspondent David Pogue learns, as he checks with experts, including a gas station manager, about what accounts for price volatility at the gas pump.
"Hypermilers" go to extremes for fuel efficiency
As gas prices hover near record highs, some drivers are going to extremes to conserve fuel. They're known as "hypermilers." Kris Van Cleave takes a look.
How one driver averages more than 80 miles per gallon as gas prices increase
The high price of gas has led some drivers to master the art of fuel efficiency.
U.S. gas prices ease back from record high
Prices at the pump now average $4.27 per gallon, down 6 cents from their peak last week.
Hundreds of cars line up for Chicago businessman Willie Wilson's $200K free gas giveaway
As gas prices rise, former Chicago mayoral candidate and businessman Dr. Willie Wilson is helping by donating $200,000 in gas at select locations on Thursday.
Could the Keystone XL pipeline help lower U.S. gas prices?
As prices at the pump surge, GOP leaders see the suspended oil pipeline as a solution. But the answer isn't so simple.
Stock market reacts to interest rate hike
The Federal Reserve announced it will raise interest rates by a quarter percentage point to fight soaring gas prices and inflation. Trading expert Joe Saluzzi joined CBS News' Anne-Marie Green and Vladimir Duthiers to discuss how the stock market is reacting and what this means for our bank accounts.
Trucking industry hit hard by rising fuel costs
Record diesel prices are stalling the trucking industry. The costs are trickling down through the economy. Errol Barnett reports.
Trucking industry feels pain of rising diesel prices
The steep prices are trickling down through the economy.
Can Keystone XL pipeline lower U.S. gas prices?
As Americans face record high gas prices, many are debating whether the Keystone XL pipeline could help. Here's what experts say.
U.S. considers banning Russian oil imports
The U.S. government is considering banning oil imports from Russia as the attack on Ukraine continues. The war is already impacting gas prices nationwide. Mike Sommers, the president and CEO of the American Petroleum Institute, joins CBS News' "Red & Blue" to discuss.
U.S. looks for new fuel suppliers
President Biden has announced a ban on imports of coal, natural gas and oil from Russia. CBS News senior White House and political correspondent Ed O'Keefe joins "Red & Blue" to discuss the impact on the U.S. economy.
MoneyWatch: How West's sanctions affect Russia
The global economy is feeling the impacts of the west's unprecedented sanctions on Ukraine as energy costs have surged around the world and the Russian economy tanks. Tania Babina, Ukrainian economist and assistant professor of business and finance at Columbia Business School, joins CBS News to discuss why the invasion of Ukraine is continuing despite the sanctions.
Politics may have spurred August purge of 5 veteran FBI agents
Details are emerging about the possible motivation behind the firing of five senior FBI agents.
Noem says entire southern border wall will be painted black to stop climbing
Homeland Security Secretary Kristi Noem says the entire southern border wall with Mexico is being painted black to deter illegal immigration, at President Trump's request.
Hurricane Erin threatens East Coast with dangerous rip currents
Meteorologists are closely tracking the projected path and forecast of Hurricane Erin, which is the first hurricane to develop over the Atlantic this year.
House committee to make Epstein files public after Justice Department subpoena
The House Oversight Committee intends to release the documents related to the Jeffrey Epstein case, a spokesperson said.
Trump admin. revokes clearances of 37 current and former U.S. officials
National Director of Intelligence Tulsi Gabbard said 37 current and former government officials are losing their security clearances.
Kilmar Abrego Garcia's lawyers ask judge to dismiss criminal charges
Kilmar Abrego Garcia — who was wrongfully deported to El Salvador only to be brought back to face smuggling charges — asked a federal judge to dismiss his indictment.
Maps show Ukrainian territories claimed by Russia
Russian troops currently control about 20% of Ukrainian territory, but the Ukrainian constitution forbids giving up territory or trading land.
Nebraska governor announces plan for immigrant detention center
Nebraska Republican Gov. Jim Pillen announced plans Tuesday for an immigration detention center in a farming area in the state's southwest corner.
Hurricane Erin forces Outer Banks evacuations, East Coast beach closures
Hurricane Erin is forcing evacuations on North Carolina's Outer Banks as it threatens to whip up wild waves, rip currents and tropical-force winds.