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gas prices

How to Save Money on Gas When Prices are High

in Community

The all-time high gas prices in California are just a reflection of the staggering increase in nationwide gas prices. In the last few weeks, the national diesel average hit an all-time high of over $4 with the price of gas closing in on $5 per gallon in some states. But why are gas prices going back up? Few factors are contributing to the fast and furious increase in the price of gas, but the main reasons are Russia’s invasion of Ukraine and the rising inflation.

As the average price of gas continues to increase, business energy prices are also expected to soar.

How to Save Money on Gas: 21 Simple Ideas

Some oil experts are predicting that gas prices could stay elevated for months, so finding ways to reduce gasoline costs is of utmost importance. Here are a few ideas to reduce gas costs

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Have gas prices hit their peak? What experts say as prices trend downward

in Around California

FRESNO, Calif. (KFSN) -- Good news for those hitting the road for spring break--gas prices have fallen in the last week.

The national average price is $4.10. According to GasBuddy, gas prices in the Fresno area have dropped to an average of $5.47 a gallon.

Those prices in Fresno are almost three cents lower than just a month ago but still higher than what we saw a year ago.

Continue Reading on ABC30

Stimulus checks for gas? Here’s what could be coming your way.

in Community

Americans already faced searing inflation when gas prices surged to an all-time high earlier this month. Now, some lawmakers want the federal government to offer stimulus payments or rebate checks to help reduce the pain at the pump.

Families with two children could get as much $300 per month as long as the nation's average gas price exceeds $4 a gallon, according to one new bill proposed by Reps. Mike Thompson of California, John Larson of Connecticut and Lauren Underwood of Illinois. All three lawmakers are Democrats.

And on Wednesday, California Governor Gavin Newsom said he's proposing to send direct payments of $400 per vehicle to state residents, with a cap of two vehicles. Pending approval from California lawmakers, the checks could arrive as soon as July, the statement said. Drivers in California face some of the highest gas prices in the nation, with the state average at $5.87 per gallon on Wednesday, according to AAA.

Continue Reading on CBS News

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