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PublishedJune 14, 2024
Falling gas prices give Maine drivers a break heading into summer
The downward trend is a reversal of the typical bump in prices following Memorial Day and the start of vacations for millions of Americans.
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PublishedJune 11, 2024
U.S. gas prices falling. Experts point to mild demand ahead of summer travel
If there are no major unexpected interruptions, prices could keep trending down.
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PublishedMay 21, 2024
Biden releasing 1 million barrels of gas from Northeast reserve in bid to lower prices at pump
Tapping reserves is one of the few actions a president can take by himself to try to control inflation.
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PublishedApril 17, 2024
Congressional leaders discussing Iran oil sanctions
That legislation could increase crude prices by as much as $8.40 a barrel, which would add 20 cents per gallon for gasoline if the sanctions were passed into law and enforced.
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PublishedJanuary 10, 2024
Mainers are paying less to heat homes and fill vehicles this winter. Here’s why.
Weak global demand and higher domestic oil production have led to energy savings for consumers so far this winter.
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PublishedAugust 7, 2023
Maine gas prices rise about 3 cents per gallon
Two Livermore gas stations recorded the lowest gas prices in the state, according to online gasoline price tracker GasBuddy.
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PublishedJuly 26, 2023
Gasoline is surging all over the world in fresh inflation blow
Gasoline prices are often a topic of contention as those costs can be an essential daily expense for many, alongside food and rent.
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PublishedOctober 19, 2022
What is the strategic oil reserve, and can it lower gas prices?
With Election Day on the horizon and gas prices rising, President Biden proposes releasing another 15 million barrels of oil.
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PublishedOctober 18, 2022
Biden to release 15 million barrels from oil reserve, more possible
President Biden will also open the door to additional oil reserve releases this winter in an effort to bring prices down.
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PublishedSeptember 27, 2022
U.S. consumers gaining confidence as gas prices keep falling
The back-to-back monthly increases follow three straight monthly declines as American households were hammered by rising prices, particularly at the gas pump.
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