Inflation Moderates in Apr. on Lower Gas, Grocery Prices
Digest more
Top News
Overview
Highlights
The EU is feeling the bite of energy prices going up again. Gas reached its highest cost on record in the second half of 2024, Eurostat reports. The average rate is now €12.33 per 100 kWh, up from €11.
Gas prices around 25 euros ($28.13) per megawatt-hour, compared to 34 euros currently, could be needed to stimulate investment in the European economy going forward, a senior executive at Germany's utility Uniper said on Wednesday.
White House report claims Trump's policies led to a drop in prices for essentials like groceries and gas, marking a four-year low.
Gasoline prices in California could rise above $8 by the end of 2026, according to a new study. A gallon of regular gasoline in the Golden State could cost between $7.35 and $8.44 by that time, says the study, which was led by Michael A. Mische of USC’s Marshall School of Business and released last week.
Trump made a financial claim that sent the entire left into a social media fact checking Frenzy, but few actually checked the facts.
Explore more
Gas prices in Atlanta have dropped to an average of $2.87 per gallon, down 3.6 cents from last week and over 53 cents lower than a year ago.
California gas prices are projected to significantly increase due to refinery closures and stringent state regulations, potentially reaching over $8 per gallon by 2026.
10h
Barchart on MSNNat-Gas Prices Slump as Warm US Temps Expected to Boost InventoriesNymex natural gas (NGM25) on Wednesday closed down by -0.155 (-4.25%). June nat-gas prices on Wednesday tumbled to a 1-week low and settled sharply lower. Forecasts for mild US spring temperatures that will reduce demand for air-conditioning are weighing on nat-gas prices.
Prices at the pump have gone down 11 cents since April according to the latest gas prices from AAA. The automotive and travel-focused organization has a daily gas price tracker, which shows the state average in Georgia has gone down four cents since last week.