National gas prices plummet, but is this an economic red flag or much-needed relief at the pump

Gas prices in Houston have risen to $3.15 per gallon, primarily due to crude oil prices exceeding $80 per barrel, not Hurricane Beryl.

Here is what you need to know about gas prices in the Houston area.

The Saudi Arabia led OPEC announced plans to cut oil production. It’s the third time the group has done so. In April, it cut 1.6 million barrels per day, which came after cutting two million barrels in October 2022.

It was the longest losing streak for gasoline prices since the early months of the pandemic: For 98-consecutive days this summer, American drivers experienced declining gas prices thanks in part to a slower worldwide demand for oil.

Time will tell if the trend will continue.

We’ve all heard dos and don’ts when it comes to saving money at the pump. Now, more than ever before, those tips could be important, but are they true?

Expert breaks down impact world politics have on US gas prices

Prices have increased faster than at any other point in four decades. The cost of gasoline rose an average of 48.7 % in the past year. Airline tickets are up 45.9%, used cars and trucks nearly 38%, eggs 32.2%.

High gas prices are being passed on to consumers in a variety of ways, and now, consumers are feeling the squeeze everywhere.

With inflation hitting a 40-year high and soaring gas prices, the pain consumers are feeling is palpable.

Many people are feeling the pain at the pump and pain all around.

Late Thursday night, the City of Houston ran into a problem at the pump.

The statewide average for a gallon of unleaded gas hit a new statewide average record on Friday of $4.11, according to AAA.

Inflation is the topic of the month in our solutions journalism show, “Solutionaries.”

With higher gas prices lingering, some drivers are trying to squeeze every drop out of their tanks before filling up. For some drivers, that means driving until their gas gauge hits “E,” and then some. However, AAA officials say that’s a bad idea.

Inflation is a word that fills many with dread. A recent Harris Poll found that 55% of Americans are worried about inflation and what it will do to their cost of living.

If you’ve been to the gas pumps lately, or even listened to any news outlet, you’re likely well aware that gas prices are at a painful high.

Tuesday, the nationwide average price for a gallon of unleaded gas reached a new record high, according to GasBuddy.com.The price, $4.104, eclipsed the previous high set in 2008 by 1/1000th of a penny, but is not adjusted for inflation.

We asked and you had a lot to say about the impact of rising gas prices on your lives. Here are some of the messages you shared with us via our submission form here.

Gas prices are rising as the Ukraine-Russia conflict deepens. Let us know what you think about what’s happening in our submission form below.

According to data from globalpetrolprices.com, 46 countries has gas prices that are $6 a gallon or more, 26 have prices that are at least $7 a gallon while nine countries have gas prices that are $8 a gallon or more.

Here is what you need to know about gas prices in the Houston area.

Residents in the Lone Star State are lucky enough to pay less on unleaded gasoline than the national average, according to a report by AAA.

Hurricane Ida may bring temporary gas price volatility to many Texas drivers, according to the AAA Texas Weekend Gas Watch.

Hurricane Ida may lead to a hike in gas prices after it slammed into the Louisiana Gulf Coast Sunday.

HOUSTON Texans who take a road trip to celebrate Labor Day this weekend will enjoy some of the cheapest gas prices in more than a decade. According to AAA Texas, the statewide average price for a gallon of gas on Thursday morning was $1.91. Texas pump prices are setting up to be the cheapest for a gallon of regular unleaded on Labor Day since 2004, said Daniel Armbruster, of AAA Texas. Texas drivers are paying the second-lowest prices in the country for gasoline, according to AAA. AAA said San Antonio has the cheapest average price in the state at $1.81 per gallon, while Odessa has the highest at $2.13 per gallon.

There's a way that you can get paid for every gallon of gas you pump into your tank.