Run into more customer service bots lately? Let Marketplace Tech know. More info

Higher gas prices are likely here to stay through the holidays

Nov 25, 2021
President Biden has released 50 million barrels of oil from strategic reserves, but oil production hasn't caught up to pre-pandemic levels.
Gas prices are nearly 60% higher than this time last year, according to AAA.
Andrew Caballero-Reynolds via Getty Images

Biden's release from petroleum reserve probably won't move gas prices

Nov 23, 2021
They're high because oil producers aren't ramping up supply quickly enough.
Oil producers' “incentives are all aligned to keep prices high," an expert says. "And that is going to create some real pain for consumers.”
Andrew Caballero-Reynolds/AFP via Getty Images

Biden administration considers its options as gas prices rise

Nov 18, 2021
Officials are considering releasing oil from the strategic reserve. They’re also pushing the FTC to investigate possible price gouging.
With consumers feeling inflation-fueled pain at the pump, the government has more options than dipping into oil reserves.
Justin Sullivan via Getty Images

The first great shock of the energy transition

Nov 4, 2021
Vijay Vaitheeswaran, editor at The Economist, on what energy shortages and rising fuel prices mean for the transition to clean energy.
An aerial view of a crude oil storage facility is seen on May 5, 2020 in Cushing, Oklahoma. Rising demand for crude oil along with rising gas prices has led to an "energy shock" as the world attempts to transition to clean energy.
Photo by JOHANNES EISELE/AFP via Getty Images

Labor Day gas prices are the highest in years

Sep 6, 2021
Demand shot up this summer as people hoped to get out. Then Hurricane Ida stopped some production.
In 2012, gas prices in Los Angeles were over $5 a gallon.
Frederic J. Brown/AFP via Getty Images

Why politicians have little sway over gas prices

Aug 12, 2021
In an attempt to moderate gas and oil prices, Biden has asked OPEC to increase production, despite it being a function of market forces.
Gas prices near $6 a gallon at a Shell station on July 12 in San Francisco.
Justin Sullivan via Getty Images

Americans are hitting the roads again for July 4th

Jul 2, 2021
But will high gas prices make a difference in what they drive and where they go?
Fourth of July weekend gas prices for 2021 are expected to be the highest since 2014.
Scott Olson/Getty Images

The future is bright … let’s make it even brighter together.

Be a Marketplace Investor with a donation in any amount today.

Starting up the gas grill may cost you a bit more this year

Jul 1, 2021
Heating your home too. Propane futures are trading at roughly twice what they were the past two summers and retail prices are up as well.
Elevated propane prices are making cookouts less affordable and might do the same to home heating when the winter comes.
Johannes Simon/Getty Images

Pain at the pump? Think Iran.

Jun 21, 2021
Yes, the economy is reopening globally. But gasoline prices are also affected by Iran's latest election.
The price of crude oil has risen $3 to about $75 per barrel since Iran elected Ebrahim Raisi president last week.
Justin Sullivan via Getty Images

Fuel shortages at gas stations following pipeline hack

May 12, 2021
Many people are running out to top up ... just in case.
Gas stations begin to run out of gasoline after drivers rushed to fill up on May 11, 2021 in Atlanta, Georgia.
Megan Varner/Getty Images