gas prices

GasBuddy analyst Patrick De Haan has predicted that it would take more than a year and a half for countries to refill oil inventories if the Strait of Hormuz reopens following its closure amid the U.S., Israel and Iran war. 78 Weeks To Refill Oil Inventories In a post on X on Monday, De Haan shared...

GasBuddy analyst Patrick De Haan dismissed talks of the average price of gas in the U.S. reaching $7/gallon as tensions escalate in the Middle East amid the U.S.-Israel and Iran war. National Average Wouldn’t Reach $6-7/Gallon In a post on X on Saturday, De Haan quoted a post by a user who...

High gas prices could lead consumers to make tough decisions about where to cut back their spending to make ends meet. Benzinga recently polled viewers of our morning stock show to see where the spending habits could be most impacted. Higher Gas Prices Impact on Benzinga Viewers When it comes to...

Economist and co-founder of Echelon Wealth Partners, Peter Schiff, called the Iran war a foreign policy blunder on Thursday, slamming the President Donald Trump administration amid escalating tensions in the Middle East. ‘Not Advocating’ For Ground Invasion In a post on X, Schiff...

McDonald's Inc (NYSE:MCD) stock recently hit new 52-week lows, despite beating analyst estimates for revenue and earnings per share in the recently reported first quarter. The bad news for investors is there could be more pain ahead due to the increasing pain at the pump. Gas Prices Hit Fast Food...

Governor Jay Robert “JB” Pritzker (D-IL) called President Donald Trump a “liar” on Tuesday, accusing the administration of causing a surge in fuel costs amid the war with Iran. Donald Trump Is A Liar In a post on X, Pritzker quoted a post by GasBuddy analyst Patrick De Haan...

Economist Robert Reich has criticized Transport Secretary Sean Duffy‘s reality TV show, flagging its funding by transport industry stakeholders, as ordinary Americans continue to pay higher prices for gas. Robert Reich Flags Sponsorships In a post on X on Monday, Reich criticized the...

Economist Peter Schiff, who is also the co-founder of Echelon Wealth Partners, cautioned against eliminating the Federal gas tax on Monday, as it could weaken the dollar and lead to higher oil prices. Higher Oil Prices In a post on X, Schiff weighed in on surging oil and gas prices, saying that...

GasBuddy analyst Patrick De Haan on Monday said that ordinary Americans had spent over $28 billion extra at the gas stations as President Donald Trump mulls rescinding the federal gas tax. Iran War Premium In a post on X, De Haan shared that the possible elimination of the “18.4¢ federal gas...

President Donald Trump‘s Energy Secretary Chris Wright on Sunday declined to make predictions on gas prices falling below $3/gallon in the U.S. amid the Iran war. Can’t Make Predictions In an interview with NBC, Wright was asked when he thought gas prices could fall in the U.S. after he...

Governor Gavin Newsom (D-CA) delivered sharp criticism of President Donald Trump‘s Transportation Secretary, Sean Duffy, as the latter released a reality TV show called “The Great American Road Trip” to commemorate the U.S.’s 250th Independence Day. Total Disgrace “...

As the summit between President Donald Trump and Chinese President Xi Jinping approaches, Sen. Jack Reed (D-R.I.) has voiced concerns over Trump’s readiness for the meeting. Reed’s comments come amid escalating tensions with Iran and economic challenges at home. Trump ‘Terribly Weakened...

Governor Gavin Newsom (D-CA) on Thursday criticized Transportation Secretary Sean Duffy for urging Americans to take road trips as gas prices surged in the U.S. Americans Paying 50% More For Gas In a post on X, Newsom’s Press Office quoted a video where Duffy shared his thoughts on the rising...

Investor and co-founder of Echelon Wealth Partners, Peter Schiff, thinks that the current oil prices may not return to pre-Iran war levels any time soon amid escalating tensions between Washington and Tehran. Trump Could Decide To Break Deal In a post on the social media platform X on Wednesday,...

Governor Gavin Newsom (D-CA) on Wednesday slammed the President Donald Trump administration for hailing high gas prices in the U.S. following White House Chief Economist Kevin Hassett‘s comments about surging credit card spending. Bragging About Gas Prices “The Trump Administration is...