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Prices

With Gas Prices At Historic Highs, Biden Calls For Raising Taxes On Oil Drillers

March 29, 2022
With gas prices at historic highs, biden calls for raising taxes on oil drillers - photo licensed by shore news network.

With Gas Prices At Historic Highs, Biden Calls For Raising Taxes On Oil Drillers Thomas Catenacci on March 29, 2022 President Joe Biden’s budget proposes …

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CARS.COM REPORTS EV SEARCHES ARE UP 173% THIS MONTH, BUT RECORD-HIGH GAS PRICES AREN’T YET ENOUGH FOR MASS-MARKET ADOPTION

March 29, 2022
Cars. Com reports ev searches are up 173% this month, but record-high gas prices aren't yet enough for mass-market adoption - photo licensed by shore news network.

Current Events Accelerate EV Curiosity; Cars.com Answers With New EV Buying Guide to Help Consumers Navigate the Ins and Outs of Electric Cars CHICAGO, March …

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Antofagasta expects high copper prices for next 12 months, CEO says

March 29, 2022
Antofagasta expects high copper prices for next 12 months, ceo says - photo licensed by shore news network.

By Fabian Cambero SANTIAGO – The copper market has solid fundamentals despite current market volatility and will maintain high prices for at least the next …

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BOJ policymakers saw need for easy policy despite rising prices – March meeting summary

March 28, 2022
Boj policymakers saw need for easy policy despite rising prices - march meeting summary - photo licensed by shore news network.

By Leika Kihara TOKYO – Bank of Japan policymakers stressed the need to keep monetary policy ultra-loose, even as some of them saw signs of …

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Mike Boyer of A+ Garage Door Service and Repair in Rockland County, NY, Warns Consumers to Beware of Low Advertised Prices

March 28, 2022
Mike boyer of a+ garage door service and repair in rockland county, ny, warns consumers to beware of low advertised prices - photo licensed by shore news network.

NEW YORK, March 28, 2022 — “You get what you pay for.” How many times have you heard that? Hundreds? Thousands? That’s because it’s true! People …

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Indonesia expects fiscal pressure from high global fuel, food prices

March 28, 2022
Indonesia expects fiscal pressure from high global fuel, food prices - photo licensed by shore news network.

JAKARTA – High global commodity prices have helped Indonesia book a strong fiscal position, but its budget will face pressure from inflationary shocks in coming …

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How Biden Raised Gas Prices Without Anyone Noticing

March 27, 2022
How biden raised gas prices without anyone noticing - photo licensed by shore news network.

How Biden Raised Gas Prices Without Anyone Noticing Thomas Catenacci on March 27, 2022 U.S. pump prices have surged throughout President Joe Biden’s tenure in …

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California diesel, jet prices rise on Chevron hydrotreater outage -trade

March 25, 2022
California diesel, jet prices rise on chevron hydrotreater outage -trade - photo licensed by shore news network.

HOUSTON – California diesel prices climbed 52.5 cents a gallon this week in the San Francisco Bay market because of a hydrotreater outage at Chevron …

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European steel prices to extend rally as Ukraine conflict cuts supply

March 25, 2022
European steel prices to extend rally as ukraine conflict cuts supply - photo licensed by shore news network.

By Eric Onstad LONDON – Surging European steel prices are set to extend their gains as Russia’s invasion of Ukraine has disrupted logistics, spurred sanctions …

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Power costs drive Spanish industrial prices to record high

March 25, 2022
Power costs drive spanish industrial prices to record high - photo licensed by shore news network.

– Spanish industrial production prices rose at a record annual rate for the fifth straight month in February, pushed up by soaring energy costs, data …

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Ukraine’s new agriculture minister warns over global food prices

March 25, 2022
Ukraine's new agriculture minister warns over global food prices - photo licensed by shore news network.

LVIV, Ukraine – Ukraine’s new agriculture minister said on Friday that Ukraine’s grain stocks for export amount to $7.5 billion but did not say what …

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New Jersey Dems Block GOP Effort to Discuss Biden Energy Crisis, Soaring Gas Prices at Statehouse

March 24, 2022
New jersey dems block gop effort to discuss biden energy crisis, soaring gas prices at statehouse - photo licensed by shore news network.

TRENTON, N.J. – New Jersey Democrats blocked a GOP effort to discuss soaring gas prices and America’s energy crisis this week and there’s nothing Republicans …

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‘Slap In The Face’: Dems’ Solution To High Gas Prices Is More Stimulus Checks

March 24, 2022
‘slap in the face’: dems’ solution to high gas prices is more stimulus checks - photo licensed by shore news network.

‘Slap In The Face’: Dems’ Solution To High Gas Prices Is More Stimulus Checks Thomas Catenacci on March 24, 2022 A group of House Democrats …

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GOP Leader Demands Biden Energy Secretary Testify On Rising Gas Prices

March 23, 2022
Gop leader demands biden energy secretary testify on rising gas prices - photo licensed by shore news network.

GOP Leader Demands Biden Energy Secretary Testify On Rising Gas Prices Thomas Catenacci on March 22, 2022 Republican Washington Rep. Cathy McMorris Rodgers sent a …

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Indians tighten belts as Ukraine war drives up prices of necessities

March 23, 2022
Indians tighten belts as ukraine war drives up prices of necessities - photo licensed by shore news network.

By Aftab Ahmed and Rajendra Jadhav NEW DELHI – Many Indians are cutting down on fried food and even vegetables as the Ukraine war inflates …

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U.S. Senate to vote this spring on lowering insulin prices – Senator Schumer

March 22, 2022
U. S. Senate to vote this spring on lowering insulin prices - senator schumer - photo licensed by shore news network.

WASHINGTON – U.S. Senate Majority Leader Chuck Schumer said on Tuesday he intends to hold votes this spring on a bill that would cap the …

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Pent-up demand has Canadians shrugging off spiraling prices, for now

March 22, 2022
Pent-up demand has canadians shrugging off spiraling prices, for now - photo licensed by shore news network.

By Julie Gordon OTTAWA – Red-hot inflation has Canadians opening their wallets wider at the grocery store and gas pump, but that’s not stopping them …

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Chalco’s net profit hits 14-year high after surge in metals prices

March 22, 2022
Chalco's net profit hits 14-year high after surge in metals prices - photo licensed by shore news network.

By Min Zhang and Twinnie Siu BEIJING/HONG KONG – Aluminum Corp of China Ltd, known as Chalco, said on Tuesday its net income surged 564.6% …

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RNC Registering New Voters At Gas Stations As Prices Surge

March 21, 2022March 21, 2022
Rnc registering new voters at gas stations as prices surge - photo licensed by shore news network.

RNC Registering New Voters At Gas Stations As Prices Surge Laurel Duggan on March 21, 2022 The Republican National Committee (RNC) launched a voter registration …

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Wheat prices soar on Ukraine fears, but U.S. growers can’t cash in

March 21, 2022
Wheat prices soar on ukraine fears, but u. S. Growers can't cash in - photo licensed by shore news network.

By Julie Ingwersen and P.J. Huffstutter CHICAGO – After Russia’s invasion of Ukraine sent global wheat futures soaring, U.S. farmer Vance Ehmke was eager to …

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Marketmind: Oil prices fuel the tightening dilemma further

March 21, 2022
Marketmind: oil prices fuel the tightening dilemma further - photo licensed by shore news network.

A look at the day ahead in markets from Julien Ponthus. There’s arguably little central banks can do to tame surging energy and commodity prices …

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German producer prices jump by record 25.9%

March 21, 2022
German producer prices jump by record 25. 9% - photo licensed by shore news network.

BERLIN – German producer prices maintained their record-breaking rise in February, increasing 25.9% year on year mainly because of energy prices, Federal Statistics Office data …

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Turkish finance minister says rise in energy prices accelerating inflation

March 21, 2022March 19, 2022
Turkish finance minister says rise in energy prices accelerating inflation - photo licensed by shore news network.

ISTANBUL – Turkish Finance Minister Nureddin Nebati said on Saturday the global rise in energy prices was accelerating inflation in the country, but Ankara would …

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Democrats Up Pressure On Big Oil To Answer For Alleged Profiteering As Americans Blame Biden For Gas Prices

March 18, 2022
Democrats up pressure on big oil to answer for alleged profiteering as americans blame biden for gas prices - photo licensed by shore news network.

Democrats Up Pressure On Big Oil To Answer For Alleged Profiteering As Americans Blame Biden For Gas Prices Thomas Catenacci on March 18, 2022 House …

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China’s ev maker Xpeng will raise prices from March 21

March 18, 2022
China's ev maker xpeng will raise prices from march 21 - photo licensed by shore news network.

BEIJING – Chinese Energy Vehicle Maker Xpeng Inc said on Friday it will raise its prices for on-sale vehicles before subsidy from March 21 due …

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ECB expects core inflation to fade as energy prices level off: Lane

March 17, 2022
Ecb expects core inflation to fade as energy prices level off: lane - photo licensed by shore news network.

FRANKFURT – Much of the underlying inflation in the euro zone is a factor of high energy prices and will likely fade over time as …

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As costs spike in Japan, even businesses tailored to deflation lift prices

March 16, 2022
As costs spike in japan, even businesses tailored to deflation lift prices - photo licensed by shore news network.

By Kantaro Komiya, Tetsushi Kajimoto and Daniel Leussink TOKYO – As war in Ukraine drives up already high input costs, even firms with business models …

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Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices

March 16, 2022
Americans’ spending slows dramatically amid surging inflation and gas prices - photo licensed by shore news network.

Americans’ Spending Slows Dramatically Amid Surging Inflation And Gas Prices Harry Wilmerding on March 16, 2022 American’s spending slowed in February amid surging inflation and …

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Schumer says Congress will call oil and gas company CEOs to testify on energy prices

March 16, 2022
Schumer says congress will call oil and gas company ceos to testify on energy prices - photo licensed by shore news network.

WASHINGTON – Congressional leaders in the coming weeks will call on chief executives of major oil and gas companies to testify about recent spikes in …

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This Ocean County gas station consistently has the lowest prices around

March 15, 2022March 15, 2022
This ocean county gas station consistently has the lowest prices around - photo licensed by shore news network.

JACKSON, NJ – If you’re looking for a reliable gas station that you know will always be among the cheapest in the Ocean County and …

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EU to subsidise household fuel prices surging amid Ukraine crisis

March 15, 2022
Eu to subsidise household fuel prices surging amid ukraine crisis - photo licensed by shore news network.

By Jan Strupczewski BRUSSELS – EU finance ministers agreed on Tuesday to subsidise household fuel prices and offer support to companies hit by surging energy …

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American Airlines cuts first-quarter capacity forecast as oil prices surge

March 15, 2022
American airlines cuts first-quarter capacity forecast as oil prices surge - photo licensed by shore news network.

– American Airlines Group Inc cut its current-quarter capacity forecast on Tuesday, as airlines grapple with high fuel prices due to the Russia-Ukraine war. (Reporting …

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Lyft joins Uber in charging customers extra for fuel amid high gas prices

March 14, 2022
Lyft joins uber in charging customers extra for fuel amid high gas prices - photo licensed by shore news network.

– Lyft Inc on Monday joined Uber Inc to levy fuel surcharge on rides from customers in an attempt to cushion the impact on drivers’ …

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Gas prices are so high, thieves are now drilling holes in gas tanks

March 14, 2022
Gas prices are so high, thieves are now drilling holes in gas tanks - photo licensed by shore news network.

Gas thievery has gone high-tech across the country as thieves in vans are stopping their vehicles over underground gas station tanks and pumping the high-priced …

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Gas Prices hit all-time record high in New Jersey, U.S.

March 13, 2022
Gas prices hit all-time record high in new jersey, u. S. - photo licensed by shore news network.

TOMS RIVER, NJ – Gas prices across New Jersey spiked and peaked in the past 7 days, according to GasBuddy.com, a nationwide gasoline price monitoring …

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Governors Nationwide Seek State Gas Tax Suspension Amid Surging Prices

March 11, 2022

Governors Nationwide Seek State Gas Tax Suspension Amid Surging Prices Thomas Catenacci on March 11, 2022 Several states are seeking to temporarily suspend local gas …

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Uber to roll out fuel surcharge in United States amid high gas prices

March 11, 2022
Uber to roll out fuel surcharge in united states amid high gas prices - photo licensed by shore news network.

– Uber Technologies Inc said on Friday U.S. customers, excluding New York City, will have to pay a fuel surcharge from March 16 as the …

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How much extra oil could OPEC+ pump to cool prices?

March 11, 2022March 11, 2022
How much extra oil could opec+ pump to cool prices? - photo licensed by shore news network.

By Alex Lawler LONDON – Saudi Arabia and the United Arab Emirates are among the few oil producers globally with spare capacity they could draw …

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Bank of England heads for third rate rise in a row as prices surge

March 11, 2022
Bank of england heads for third rate rise in a row as prices surge - photo licensed by shore news network.

By David Milliken LONDON – The Bank of England looks set to lift interest rates to 0.75% on Thursday, its third rate rise in a …

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Goldman Sachs cuts U.S. growth forecast as commodity prices bite

March 10, 2022
Goldman sachs cuts u. S. Growth forecast as commodity prices bite - photo licensed by shore news network.

SINGAPORE – Goldman Sachs analysts downgraded their forecasts for U.S. economic growth for this year, reckoning that spikes in oil and other commodities since Russia’s …

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Democrats Aim To Increase Taxes On Big Oil Amid Record Gas Prices

March 10, 2022

Democrats Aim To Increase Taxes On Big Oil Amid Record Gas Prices Thomas Catenacci on March 10, 2022 A group of House and Senate Democrats …

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Brazil’s Senate approves bills to curb fuel prices

March 10, 2022
Brazil's senate approves bills to curb fuel prices - photo licensed by shore news network.

BRASILIA – Brazil’s Senate approved on Thursday two bills aimed at curbing fuel price hikes with subsidies and tax exemptions, a positive move potentially for …

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As oil prices soar, U.S. shale, OPEC in no rush to resume price war

March 10, 2022
As oil prices soar, u. S. Shale, opec in no rush to resume price war - photo licensed by shore news network.

By Liz Hampton – U.S. shale producers and OPEC, who not long ago were waging a price war, this week found themselves on similar sides …

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Americans consider fewer nights out as rising gasoline prices bite -Reuters/Ipsos

March 10, 2022
Americans consider fewer nights out as rising gasoline prices bite -reuters/ipsos - photo licensed by shore news network.

By Jason Lange and Ann Saphir WASHINGTON – U.S. consumers plan to cut spending on restaurant meals and movies if gasoline prices keep rising as …

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Gas prices in Ocean County have significantly surpassed the $4 per gallon mark

March 10, 2022
Gas prices in ocean county have significantly surpassed the $4 per gallon mark - photo licensed by shore news network.

TOMS RIVER, NJ – Gas prices are climbing and in Ocean County, they are officially over $4 per gallon. Two days ago, we featured a …

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Putin warns of higher global food prices if export restrictions applied

March 10, 2022
Putin warns of higher global food prices if export restrictions applied - photo licensed by shore news network.

– Global food prices will rise further if western nations intensify economic pressure on Russia, a major global fertilizer producer, President Vladimir Putin said. Russian …

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IMF chief says Africa vulnerable to higher food, fuel prices due to Ukraine war

March 10, 2022
Imf chief says africa vulnerable to higher food, fuel prices due to ukraine war - photo licensed by shore news network.

WASHINGTON – Africa’s economic outlook is particularly vulnerable to higher food and fuel prices prompted by Russia’s invasion of Ukraine, as well as to reduced …

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UK house prices keep on rising despite squeezed budgets: RICS

March 9, 2022
Uk house prices keep on rising despite squeezed budgets: rics - photo licensed by shore news network.

By Andy Bruce LONDON – House price growth in Britain hit a new eight-month high in February as the housing market showed little sign of …

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Toilet Paper Prices Soar As Companies Shrink The Item Itself

March 9, 2022
Toilet paper prices soar as companies shrink the item itself - photo licensed by shore news network.

Toilet Paper Prices Soar As Companies Shrink The Item Itself Harry Wilmerding on March 9, 2022 The price of toilet paper has soared as producers …

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Mexico inflation advances quicker than forecast, core prices stir concern

March 9, 2022
Mexico inflation advances quicker than forecast, core prices stir concern - photo licensed by shore news network.

MEXICO CITY – Inflation in Mexico accelerated faster than expected in February, official data showed, with underlying price pressures hitting their highest level in over …

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