gas prices

News 4’s Brian Thompson reports.

The price for a gallon of gasoline could fall below $3 for most Americans by the end of the month.

Gas prices have dropped from their summer peak of over $5 per gallon, although they’re still more expensive than last year.

President Joe Biden is raising the possibility of imposing a windfall tax on oil companies if they don’t boost domestic production. This comes as his administration aims to combat high gas prices just days before the midterm elections. Biden in brief remarks on Monday accused energy companies of “war profiteering” by making record-setting profits amid the ongoing war in Ukraine....

Oil companies brought in staggering profits once again as consumers worldwide struggled with high gasoline and energy prices.

Major oil-producing countries have decided to slash output, and the law of supply and demand suggests that can only mean one thing: higher prices are on the way for gasoline.

There are steps you can take to make an old car, truck or SUV perform better, go farther and perhaps save money on fuel

What to know about the OPEC+ decision to cut production and what it could mean for your wallet.

Biden said that the hurricane “provides no excuse for price increases at the pump” and if it happens, he will ask federal officials to determine ”whether price gauging is going on.”

President Joe Biden promised the full support of the federal government to the people of Florida and warned oil executives not to use Hurricane Ian as an excuse to raise the price of gasoline.

Some larger states like California, New York and Illinois are still seeing $4-a-gallon gas, however.

A 15-year-old boy lost an arm in a brutal subway surfing incident late Monday morning as a train pulled away from a platform in Queens, police said.

The gas tax in New Jersey will fall by a penny a gallon, or about 2%, the second straight year the levy has declined. Gov. Phil Murphy’s administrated announced the change Monday.

Gas prices have dropped below $4 for the first time since March amid stable crude oil prices near the end of the summer driving season. AAA Mid-Atlantic says the average price of a gallon of regular gas in New Jersey on Friday was $3.99, down 11 cents from last week. The national average price for a gallon of regular gasoline...

For the first time since March the national average for a gallon of gasoline has fallen below $4.

Gasoline prices are dropping back toward the $4 a gallon mark, their lowest point in more than five months.

Oil companies swam in record profits over the last few months at a time when Americans struggled to pay for gasoline, food and other basic necessities.

Gas prices are down 40 to 50 cents a gallon tonight than a month ago, giving drivers relief. Rana Novini reports.

Consumer prices saw the biggest 12-month increase since 1981.

Gas prices have been on a slow but steady decline across the U.S. since mid-June.