Gas Prices
Cost of fuel at the pump
Latest stories
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Raleigh restaurants feel the impacts of all-time high diesel prices
Local businesses say the cost of goods and how they get to their restaurants is up, and it's impacting the way they operate.
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Wake farmers take record diesel prices 'one day at a time' after price tops $6 a gallon nationally
While you may not buy diesel every day, you're likely feeling the effects of these high prices. Some of North Carolina’s farmers, including Joshua Logan of Grasshopper Farms in Knightdale, said the 2026 growing season has been like no other, and the price of diesel has affected him.
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Inflation and gas prices on the rise amid Iran conflict
The Bureau of Labor Statistics released their new Producer Price Index today. Inflation accelerated in August and much of that is fueled by the conflict with Iran and limited flow of oil through the Strait of Hormuz.
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Gas prices jump again, nearing $4 in the Triangle
The national average gas price jumped 6 cents overnight to $4.28 a gallon.
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Fuel prices at record Labor Day high in US thanks to Iran war and refinery issues
Gas prices in the U.S. have hit a record high for Labor Day weekend, averaging $4.14 per gallon. This is nearly a dollar more than last year and surpasses the previous record of $3.82 from 2012. Prices surged after the U.S. and Israel attacked Iran in February, affecting crude oil traffic through...
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Fact-check: When will Trump deal with Venezuela lower gas prices in the US?
President Donald Trump announced in an Aug. 28 social media post that he had struck a deal with Venezuela that "will substantially lower Gas Prices for all Americans, long into the future."
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What's behind the labor day travel cost crunch?
Gas prices are averaging over $4 a gallon this weekend as Americans hit the roads for the Labor Day holiday.
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Labor Day gas has never been this expensive; Trump is scrambling for answers
Americans will likely face the highest Labor Day gas prices on record this holiday weekend. It’s another blow to a “drill, baby, drill” president who campaigned on affordable energy.
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Fact-check: Trump says of prices: 'the food, the groceries, it’s all coming down'
“I inherited very, very high costs, and they’re all coming down now,” President Donald Trump said Aug. 4 on Fox News. “The food, the groceries, it’s all coming down.”
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Trump says Iran war going 'extremely well.' PolitiFact reviews US goals, casualties, and gas prices
“We’re doing very well against the Islamic Republic of Iran,” President Donald Trump said at a July 23 event in Washington, D.C. “We’re doing extremely well.” Later in the event, Trump reiterated this, saying the U.S. was “doing very well, very, very well” in the war.
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Falling gas prices help ease inflation in June, data centers driving up tech costs
Economists predict today's report will likely show a small decrease in inflation after last month's ceasefire with Iran.
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Gas prices begin to spike again as Iran war intensifies
Gas prices have been rising steadily as the war with Iran intensifies, jumping another 5 cents overnight and 12 cents over the past two days.
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Gas prices expected to be the second-highest ever at the pump for Fourth of July holiday
This year is projected to be the busiest travel period for the Fourth of July in history, according to AAA. Travelers will definitely be feeling it at the gas pump or ticket counter as fuel prices remain elevated.
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Trump said Americans' finances don't motivate him in Iran talks. How are people doing economically?
President Donald Trump’s recent answer to a question about how Americans are faring economically sparked claims of callousness.
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Busy Memorial Day travel weekend: Ways to make your trip easier
Higher fuel prices across the country are making travel this Memorial Day weekend more expensive. Here are some tips to help make travel easier this weekend.
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Economist says higher gas prices likely to continue into summer travel despite U.S. oil production
Economist says gas prices will continue to rise.
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Suspend the federal gas tax? Why Congress might not pass Trump's proposal
President Donald Trump said May 11 that he wants to suspend the federal gas tax, which requires approval from Congress. Suspending the tax could threaten highway projects and cause a run on gas at a time when supply is low.
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Suspend the federal gas tax? Why Congress might not pass Trump's proposal
President Donald Trump said May 11 that he wants to suspend the federal gas tax, which requires approval from Congress. Suspending the tax could threaten highway projects and cause a run on gas at a time when supply is low.
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Trump says he'll suspend federal gas tax to fight high prices across country
On Monday, President Donald Trump answered yes when asked if he would suspend the federal gas tax amid higher prices stemming from the war with Iran.
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Would pausing NC’s gas tax lower prices? Industry leader says no
Because the fuel tax goes towards funding road maintenance and construction projects, some in the industry feel a moratorium, even temporarily, would do more harm than good.
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Gas prices soar as North Carolina Tourism Week kicks off
Rising tensions involving Iran are driving up gas prices in North Carolina, with prices ranging from $4.17 to $4.92 per gallon in Wake County, all while travelers hit the road for NC Tourism Week.
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Oil tankers stalled, but gas prices keep rising
The Trump administration says the price of gas will go down once the war ends, but it has rejected Iran's latest plan to end the ceasefire.
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Economist fears fuel prices to remain elevated for years
North Carolina State University economist Rob Handfield warns that gas prices could remain high through 2026 and beyond due to damaged oil infrastructure and ongoing global conflict.
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Jet Fuel Shortages Could Make Travel a ‘Total Mess’ This Summer
This summer is shaping up to be an expensive and uncertain time to fly, especially if you’re planning a European vacation. Volatile fuel prices because of the war in Iran are straining airlines around the world, but perhaps nowhere as much as in Europe, where jet fuel supplies could run low by mi...
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Local businesses feel the pressure of rising diesel prices as the war on Iran continues
Local businesses are feeling the impact of rising diesel costs, one of the impacts of the war on Iran.
