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Gas Prices

Business
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns
Retail Spending Slips As Inflation Climbs In January, Adding To Economic Concerns After a solid holiday season, US retail sales took a surprising step back to start 2025, snapping a streak of growth and fueling worries about the economy. Retail and food services sales fell 0.9 percent in January, according to Census Bureau data released on Friday, Feb. 14. The decline reversed the trend from December 2024's revised increase of 0.7 percent, signaling that consumers may be feeling the squeeze from rising prices. Economists had predicted only a slight decline, with Dow Jones estimating a 0.2 percent drop, NBC News reported. The sales totals were seasonally adjusted but…

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by Chris Spiker
Business
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies
Inflation Climbs To Start 2025, Fueled By Dramatic Egg Price Jump, Fears Over Trump Policies Inflation unexpectedly accelerated in the first month of 2025, adding political and economic pressure to President Donald Trump's campaign promise of immediate relief to high consumer prices. In January, overall inflation climbed 3.3 percent year-over-year for core items and 0.5 percent monthly, according to data from the Bureau of Labor Statistics released on Wednesday, Feb. 12. That ran slightly ahead of economists' prediction of 3.2 percent inflation, NBC News reported. Core items exclude notably volatile prices for food and energy. The Consumer Price Index (CPI) still inc…

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by Chris Spiker
Politics
PRESIDENTIAL POLL: Harris Leads Trump In PA Battleground PRESIDENTIAL POLL: Harris Leads Trump In PA Battleground
Presidential Poll: Harris Leads Trump In PA Battleground The latest Franklin & Marshall College poll of registered voters finds Vice President Kamala Harris narrowly leading former President Donald J. Trump by 49% to 46%.  The state of the economy was a leading concern, the Lancaster-based poll found after analyzing the responses of 890 voters. The poll was released on Thursday, Sept. 19. Pennsylvania is the largest of seven key battleground states in the presidential race, with 19 Electoral College votes. A total of 270 electoral votes are needed to win the Nov. 5 election. Voting began this week in Pennsylvania with the mailing of pape…

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by Jon Craig
Lifestyle
Pain At The Pump: Gas Prices Spike To New Record High In Pennsylvania Pain At The Pump: Gas Prices Spike To New Record High In Pennsylvania
Pain At The Pump: Gas Prices Spike To New Record High In Pennsylvania Memorial Day travel and rising oil costs have caused the price of gas in Pennsylvania to rise to record levels with no relief in sight for motorists. On Wednesday, June 8, the cost of gas per gallon rose to an average of $5.03 statewide, the highest recorded price since AAA began tracking such figures, according to the organization. The price is up four cents overnight, 26 cents from a week ago, and 53 cents from a month ago as the demand for fuel has risen while tensions overseas have limited the available supply.  On June 8, 2021, motorists were paying an average of $3.18 per gallon in …

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by Zak Failla
News
Viral Video Captures Gas Prices Ticking Up By The Second At PA Shell Station Viral Video Captures Gas Prices Ticking Up By The Second At PA Shell Station
Viral Video Captures Gas Prices Ticking Up By The Second At PA Shell Station The gas prices at one Pennsylvania gas station jumped nearly 40 cents in a matter of seconds, catching the attention of several onlookers earlier this week. Drivers and onlookers were captured gawking at the Bethlehem Shell station's digital sign captured Monday, March 7 ticking up in price, Yahoo Finance reports. Before the video ends, the price per gallon can be seen rising from $3.99 to more than $4.40. The national average for gas prices has topped $4 as of Tuesday, March 8, the AAA says.  Gas prices in the US have risen as a result of Russia's invasion of Ukraine, multiple …

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by Nicole Acosta
News
Russian Invasion Of Ukraine Means Higher PA Gas Prices Russian Invasion Of Ukraine Means Higher PA Gas Prices
Russian Invasion Of Ukraine Means Higher PA Gas Prices “Pain at the pump,” was a concern reporters pushed President Biden on during a press conference about the Russian invasion of Ukraine on Thursday. Although Biden urged the energy sector to not move prices, experts say the US is already feeling the pinch since tensions began to escalate between the two nations. “Any disruptions to oil flows from Russia in a context of low spare capacity in other regions could easily send oil prices to $120 (a barrel),” Natasha Kaneva, JPMorgan’s head of global commodities strategy, wrote in a report published earlier in February. Gas prices had already t…

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by Jillian Pikora
Lifestyle
AAA: Memorial Day Weekend Gas Prices Will Be Highest They've Been In Years AAA: Memorial Day Weekend Gas Prices Will Be Highest They've Been In Years
AAA: Memorial Day Weekend Gas Prices Will Be Highest They've Been In Years With millions of Americans set to hit the road for the Memorial Day holiday, prices are peaking at the pump. Drivers are set to pay the highest prices in seven years, according to AAA, following a gas shortage that impacted the East Coast when the Colonial Pipeline was temporarily shut down due to a cyberattack. Nationally, the average price of gas as of Wednesday, May 26 hit $3.04 per gallon, down one cent from a week ago, but up from $2.89 a month ago. A year earlier, the average price was $1.96 per gallon. According to AAA, the national average has stabilized following the Colonial Pip…

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by Zak Failla