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Federal money is now headed to states for building up fast EV chargers on highways

Tuesday, September 27, 2022

All 50 states, D.C. and Puerto Rico have received the go-ahead to start spending federal dollars on new chargers. The long-term plan is to spend $5 billion improving charging infrastructure.

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Monthly car payments have crossed a record $700. What that means

Saturday, July 02, 2022

The average cost of a new car is also at the highest on record, topping $47,000 a pop. At this rate, an essential household purchase is starting to feel like a luxury in America.

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How a massive refinery shortage is contributing to high gas prices

Sunday, June 26, 2022

Oil refineries have lost capacity over recent years, making it nearly impossible to increase supply and stabilize gas prices at the pump.

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He's the first buyer of the electric F-150. Why he's the future of the car industry

Monday, June 20, 2022

Legacy auto makers such as Ford and GM are racing to catch up to Tesla by investing billions of dollars to develop electric cars.

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Oil companies are profiting from the scarcity driven by refineries losing capacity

Saturday, June 18, 2022

Oil refineries have lost capacity over recent years, making it nearly impossible to increase supply and stabilize gas prices at the pump.

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Gas hits $5 a gallon for the first time. Here's how it got here and what's ahead

Saturday, June 11, 2022

Gas prices could rise even further after hitting an average national price of $5 a gallon for the first time. Here are 4 things to know

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Gas hits $5 a gallon for the first time. Here's how it got here and what's ahead

Saturday, June 11, 2022

Gasoline has become more expensive given that oil prices have surged as the world recovers from the pandemic. Russia's invasion of Ukraine has also made things worse. Here are four things to know.

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Stakes are high for Ford and the fate of electric cars as F-150 Lightnings leave lots

Thursday, June 09, 2022

The Ford F-150 Lightning is starting to be delivered: a critical milestone for Ford. Auto makers have staked their futures on electric versions of their popular models, and they can't afford missteps.

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Elon Musk has a 'super bad feeling' about the economy and wants Tesla to cut jobs

Friday, June 03, 2022

Musk wants the electric auto maker to cut 10% off its staff according to a Reuters report.

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The astronomical price of diesel is making everything more expensive

Saturday, May 28, 2022

America runs on diesel. It keeps freight moving, factories humming and farmers planting. But a surge in diesel prices is making everything more expensive.

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High inflation is taking a toll on energy and housing markets

Tuesday, May 24, 2022

High inflation is weighing on the U.S. economy and raising the risk of a recession. Here's how energy and housing markets are being affected.

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The national average price for diesel is up 75% from a year ago

Monday, May 23, 2022

It now costs more than $5.50 to buy diesel. The surging price of the fuel is making everything even more expensive, and that's posing a major threat to the economy.

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U.S. gas prices hit another record high

Wednesday, May 11, 2022

With the summer driving season about to take off, gas prices just hit another record. People are frustrated, especially because they're already paying more for everything because of high inflation.

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Gasoline prices hit a record high, again

Tuesday, May 10, 2022

Gas prices surged to a national record, not adjusted for inflation, surpassing the previous milestone hit around two months ago. It comes just ahead of the key summer driving season.

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The good times are rolling for Big Oil. 3 things to know about their surging profits

Saturday, May 07, 2022

Major energy companies have reported a surge in profits in the first three months of the year as oil prices have rallied.

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What Europe's ban of Russian oil could mean for energy markets – and your gas prices

Wednesday, May 04, 2022

The EU ban on Russian oil imports will likely lead to higher crude and gasoline prices, further upending energy markets.

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How the U.S. wants to make charging electric cars (almost) as painless as pumping gas

Saturday, April 30, 2022

The U.S. has an ambitious plan to build tons of chargers in order to make charging an electric car closer to the speed and ease of pumping gas.

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Encore: To get more people to drive electric cars, more charging stations are needed

Monday, April 25, 2022

The government and the private sector are rushing to build a network of electric vehicle charging stations across the country — a necessity if electric cars are to catch on widely.

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The U.S. and its allies are releasing emergency oil to bring down prices

Thursday, April 07, 2022

As gas prices surge all over the world, some countries are taking a historic step by releasing oil from their emergency reserves. But it may not be enough to provide long-term relief at the pump.

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31 countries plan a big release of emergency oil to ease gasoline prices at the pump

Wednesday, April 06, 2022

The International Energy Agency plans to release 120 million of barrels of oil from their emergency reserves, including 60 million from a previously announced U.S. drawdown.

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