Gas Prices Climb Yet Again
May 31, 2022
The European Union’s embargo of Russian oil is exacerbating concerns about global supplies.
The European Union’s embargo of Russian oil is exacerbating concerns about global supplies.
Here’s a sampling of gasoline and diesel prices at the fuel dock heading into Memorial Day weekend.
Investors, analysts and small-business owners are growing more pessimistic about economic conditions.
Major U.S. stock indices weakened yesterday, and recreational marine shares fared even worse on a percentage basis.
Oil supply concerns have lifted the average U.S. price of regular unleaded gasoline to $4.432 per gallon, according to AAA.
After a major market selloff yesterday, today’s monthly jobs report shows continued strength.
The Federal Reserve said higher rates are needed to bring inflation under control, and markets edged higher as investors signaled relief that the increase wasn’t more aggressive.
The Department of Commerce said government spending declined while most private-sector demand indicators strengthened.
The Department of Labor said March prices were 8.5 percent higher than a year earlier.
The Fed yesterday increased the federal funds interest rate by a quarter-percentage point for the first time since 2018.
The European Union’s embargo of Russian oil is exacerbating concerns about global supplies.
Here’s a sampling of gasoline and diesel prices at the fuel dock heading into Memorial Day weekend.
Investors, analysts and small-business owners are growing more pessimistic about economic conditions.
Major U.S. stock indices weakened yesterday, and recreational marine shares fared even worse on a percentage basis.
Oil supply concerns have lifted the average U.S. price of regular unleaded gasoline to $4.432 per gallon, according to AAA.
After a major market selloff yesterday, today’s monthly jobs report shows continued strength.
The Federal Reserve said higher rates are needed to bring inflation under control, and markets edged higher as investors signaled relief that the increase wasn’t more aggressive.
The Department of Commerce said government spending declined while most private-sector demand indicators strengthened.
The Department of Labor said March prices were 8.5 percent higher than a year earlier.
The Fed yesterday increased the federal funds interest rate by a quarter-percentage point for the first time since 2018.
