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Gas Prices

US government budget deficit increased in November

By Alicia Wallace, CNN The US government recorded a monthly budget deficit of $249 billion in November, a 30% increase from a year earlier amid increased spending and falling revenue, the Treasury Department reported Monday. Federal budget outlays increased by $28 billion, or 6% in November, with agencies such as the Education Department reporting increased

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Here’s why gas prices are sinking

By Matt Egan, CNN Business Prices at the pump continue to sink, providing relief to inflation-weary consumers and an economy mired in a slowdown. The national average for regular gasoline dropped three cents to $4.16 a gallon on Wednesday, according to AAA. That marks the 50th consecutive day of falling prices. Gas prices have tumbled

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Idaho summer travel outlook

Travel experts at Idaho’s AAA, say despite high gas prices this could be one of the busiest Fourth of July travel weekends ever.
While Independence Day is traditionally a popular holiday for road trips, this year more than 48 million Americans and 285,000 Idahoans are willing to pay the price at the pump.

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Average US gas price hits $5 for first time

By Chris Isidore, CNN Business For the first time ever, a gallon of regular gas now costs $5 on average nationwide, according to AAA’s Saturday reading. The record is hardly a surprise. Gas prices have been rising steadily for the last eight weeks, and this latest milestone marks the 15th straight day that the AAA

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