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PublishedJune 14, 2024
Falling gas prices give Maine drivers a break heading into summer
The downward trend is a reversal of the typical bump in prices following Memorial Day and the start of vacations for millions of Americans.
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PublishedJune 11, 2024
U.S. gas prices falling. Experts point to mild demand ahead of summer travel
If there are no major unexpected interruptions, prices could keep trending down.
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PublishedMay 21, 2024
Biden releasing 1 million barrels of gas from Northeast reserve in bid to lower prices at pump
Tapping reserves is one of the few actions a president can take by himself to try to control inflation.
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PublishedApril 17, 2024
Congressional leaders discussing Iran oil sanctions
That legislation could increase crude prices by as much as $8.40 a barrel, which would add 20 cents per gallon for gasoline if the sanctions were passed into law and enforced.
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PublishedJanuary 10, 2024
Mainers are paying less to heat homes and fill vehicles this winter. Here’s why.
Weak global demand and higher domestic oil production have led to energy savings for consumers so far this winter.
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PublishedOctober 28, 2022
Oil giants rake in steep profits amid high energy prices
Gasoline eased somewhat towards the end of the quarter, but customers were still paying more than $3.79 a gallon of regular, on average, in late September.
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PublishedOctober 18, 2022
Biden to release 15 million barrels from oil reserve, more possible
President Biden will also open the door to additional oil reserve releases this winter in an effort to bring prices down.
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PublishedOctober 11, 2022
Biden vows ‘consequences’ for Saudis after OPEC+ cuts output
It remains to be seen how far President Biden is willing to go in showing his displeasure with Saudi Arabia, a vital but complicated ally in the Middle East.
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PublishedOctober 5, 2022
OPEC+ makes big cut to oil production to increase prices
The Saudi oil minister rejects the implication that OPEC was assisting Russia, saying the discussion was in a nonpolitical 'silo' where the focus was prudent management of oil markets.
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PublishedOctober 4, 2022
White House takes closer look at controversial gasoline export ban option
An export ban would mark the most radical step yet by the Biden administration to tackle gasoline prices.
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