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Gas Prices

Gas prices jump to fresh record highs

By Matt Egan, CNN Business In another blow to the US economy, prices at the pump soared to fresh record highs. The national average price for regular gasoline climbed more than four cents on Tuesday to $4.37 a gallon, according to AAA. That takes out the prior record of $4.33 set on March 11. The

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Gas prices fall — a little

By Chris Isidore, CNN Business After more than a month of surging prices, Tuesday brought some modest — very modest — relief to drivers. The average price of a gallon of regular gas fell to $4.32 a gallon, down from $4.33 a gallon Monday, according to AAA. Even at just nine-tenths of a cent, it

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$80 oil is here. Is $100 next?

By Julia Horowitz, CNN Business For the first time since late 2014, US oil prices are back above $80 per barrel — a boon for the energy industry, which was battered during the pandemic, but bad news for the economic recovery as winter approaches. What’s happening: West Texas Intermediate futures, the US crude benchmark, finished

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