(Oil & Gas 360) By Greg Barnett, MBA – For decades, the conventional economic narrative held that rising gasoline prices act as a direct tax on consumers, reducing discretionary spending and slowing ...

Soaring gas prices have put the brakes on the spending habits of millions of Americans, hitting their wallets hard and fueling America’s persistent economic inflation-driven K-shaped divide, according ...

The Consumer Price Index for September will show how high energy costs and import demand are affecting the inflation rate.

Most Americans held a negative view of the economy in mid-2026, with prices and affordability ranking as the top concern among voters heading into the midterm elections, according to a new Pew ...

While falling gas prices are set to deliver immediate relief to American drivers after months of disruption, experts believe the sharp decline could carry a host of new issues for the economy.

Inflation surged to 3.8% in April, its highest level in nearly three years, according to data released Tuesday, as the war in Iran causes a ripple effect across the economy and energy prices surge. As ...

Gasoline prices were expected to be the easy part of the oil market cooldown. With crude prices falling from April highs and moving closer to pre-war levels, consumers expected faster relief at the ...

Everyone knows how much gasoline prices matter. The recent spike in gas prices triggered by the war with Iran has fueled deep pessimism about the economy and weighed heavily on President Donald ...