WASHINGTON — As the war in Iran pushes U.S. gas prices toward $4 a gallon nationally, some lawmakers are pushing to suspend the federal gasoline tax in the latest attempt to try to control surging energy costs. Lawmakers say the action would provide much-needed relief for families and businesses that rely on their cars and … Read more
The U.S. Postal Service is temporarily hiking postage prices to account for surging fuel costs caused by the Iran war, the agency announced on Wednesday. The USPS said it will impose an 8% surcharge on select postage prices, beginning April 26, pending approval by the Postal Regulatory Commission. The extra charge will remain in place through … Read more
Rising fuel costs hit Texas farmers – CBS News Watch CBS News The impacts from the Iran war have trickled down to consumers. CBS News correspondent Jason Allen spoke with farmers in Texas who are impacted by rising costs. Source link
The Trump administration will temporarily lift summer gasoline regulations as prices at the pump near $4 a gallon amid the Iran war. The emergency fuel waiver allows refiners and retailers to sell E15 gasoline, which is blended with 15% ethanol, over the summer, the U.S. Environmental Protection Agency (EPA) announced Wednesday. Restrictions on selling E10 gasoline, … Read more
The surcharge will be applied to packages, but not mail. Source link
NEWYou can now listen to Fox News articles! Jet fuel prices in the U.S. have more than doubled in a matter of weeks as Middle East tensions squeeze supply, fueling concerns airlines could run short of fuel. Prices jumped from about $2.17 to $4.56 per gallon by March 20, according to the Argus U.S. Jet … Read more
A birthday beach trip. Weekend jaunts with the kids. Even a bedtime beer. As gas prices remain high, people around the globe are stretching their paychecks, giving up small comforts as everyday costs bloat and they try to keep up with their biggest bills. “For now, we’re still managing to hold on,” said Luis Catalano, … Read more
When gauging a war, Americans consider at least two important things: what the goals are overseas and its impact back home. Right now, Americans want a lot of things to happen in Iran: Most feel it’s important to stop its nuclear program, ensure the Iranian people are free, and, now that the conflict is underway, … Read more
Rising fuel prices can impact consumers beyond the gas pump. Oil prices have surged more than 40% since the Iran war effectively shut down the Strait of Hormuz. The price hike can impact everything from cargo ships crossing the Pacific to the delivery van pulling up outside your home – and the costs could quickly … Read more
Refinery shutdowns risk emergencies at West Coast military bases. Source link