US producers reluctant to drill more oil, despite exorbitant gas prices

Consumers battered by sky-high gas prices shouldn’t expect relief from the oil industry anytime soon. Many oil and gas executives say they have little incentive to increase oil production, even at near-record crude prices, which make extraction very profitable for their companies. The price of crude has steadily increased since the beginning of last year. … Read more

Stimulus check gas? Here’s what could happen to you.

Americans were already facing runaway inflation when gasoline prices hit a record high earlier this month. Now some lawmakers want the federal government to offer stimulus payments or rebate checks to help ease the pain at the pump. According to a new bill proposed by Representatives Mike Thompson of California, John Larson of Connecticut and … Read more

US to boost natural gas deliveries to help wean Europe off Russian power

Brussels – The United States and the European Union announced a new task force on Friday that will focus entirely on reducing Europe’s dependence on Russian fossil fuels in the face of the Moscow crisis. war against ukraine. The initiative unveiled in Brussels by President Joe Biden and EU chief Ursula von der Leyen will … Read more

Relief at the pump? Here are the states that are suspending gasoline taxes

Connecticut is set to become the latest state to approve a gas tax holiday on Wednesday, as both houses of its legislature voted to suspend the 25-cent-per-gallon tax from April through June. American consumers face biggest pump pain seen for years amid uncertainty over Russia’s invasion of Ukraine and the country emerging from a global … Read more

Stimulus check gas? Here’s what could happen to you.

Americans were already facing runaway inflation when gasoline prices hit a record high earlier this month. Now some lawmakers want the federal government to offer stimulus payments or rebate checks to help ease the pain at the pump. According to a new bill proposed by Representatives Mike Thompson of California, John Larson of Connecticut and … Read more

Stimulus check gas? Some lawmakers are pushing it.

Americans were already facing runaway inflation when gasoline prices hit a record high earlier this month. Now some lawmakers want the federal government to offer stimulus payments or rebate checks to help ease the pain at the pump. According to a new bill proposed by Representatives Mike Thompson of California, John Larson of Connecticut and … Read more

Gas stations sue Woodman’s over cheap prices

INTERACTIVE RADAR IN THE 12 NEWS APP. AFTER DOWNLOADING IT, ACTIVATE ALERTS TO GET WEATHER AND NEWS NOTIFICATIS. TWO PETROL STATIONS SUE WOODM’N’S IN WAUKESHA OVER CHEAPER GAS PRICES. CAROLINE REINWALD REPORTS BOTH STATIONS ACCUSE WOODMAN’S OF BREAKING THE LAW. >> AT WOODMAN’S FUEL PUMPS IN WAUKESHA LINE OF CARS ARE ARRIVING FOR FUE.UP HOW … Read more