The US is the world’s biggest oil producer — so why are gas prices rising here?

The oilfields of Texas, Alaska, and other regions throughout the United States have made the country the world’s largest oil producer, pumping more than 13 million barrels per day. Yet, gasoline prices at the pump have been climbing. The national average has jumped to $3.32 per gallon, up significantly from $2.98 just a week ago. […]

Diesel Reacting More Aggressively Than Gasoline to Oil Price Jump Amid Iran War Concerns

It’s not just gasoline prices spiking at the pump. The cost of diesel has jumped even more sharply since the outbreak of a major Middle East conflict sent oil prices surging. The national average for gasoline recently hit its highest level this year, rising significantly over the past week. Diesel prices, however, saw an even […]