Gas prices near 2008 high threaten inflation surge
Forecasters say U.S. gasoline prices have hit a 2008 level and may rise further as imports of Russian oil are banned. The national average topped $4.17 a gallon, with Brent above $130 a barrel, and analysts warn demand will outpace supply into summer.
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Dallas
Auto Club Aaa
California
Joe Biden
United States
Russia
Ukraine
U.S
de Haan
Shell
Biden
Morgan Bazilian
Payne Institute
Colorado School of Mines
U.S. moves to ban Russian oil amid Ukraine crisis
The Biden administration announced a U.S. ban on imported Russian oil as Europe weighs broader sanctions. Critics warn Europe may resist and prices could spike, with Germany and Britain signaling limited participation and continued energy dependence. The move aims to cut Moscow’s revenue, but its effectiveness hinges on allied action and market reactions.
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New York
Russia
Ukraine
Joe Biden
U.S
Moscow
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Britain
United States
Saudi Arabia
Biden
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Canada
Mexico
China
India
Iran
Venezuela
Claudio Galimberti
Rystad Energy
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White House
Jen Psaki
Kwasi Kwarteng
U.K
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Putin
Habeck
Alexander Novak
Novak
S&p Global Platts
Congress
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R-Wyo
Party
Jason Furman
Harvard
Barack Obama
Pelosi
Central Bank and Finance Ministry
Treasury Department
Nicolas Maduro
Caracas
Bob Menendez
D-N.j
Foreign Relations Committee
Shell halts new purchases of Russian oil amid energy ban
The White House moved to ban new Russian oil imports with a 45 day wind down for current contracts. Shell apologized for sourcing Russian oil this week as U S and European allies coordinate measures to cut Moscow's energy revenue.
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U.S
ExxonMobil
Russia
Shell
U.S. Energy Department
Max Bergmann
State Department
Center For American Progress
Bergmann
White House
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Bloomberg
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Ways & Means Committee
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Patrick de Haan
GasBuddy
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The
Oil Price Information Service
Cathy Bussewitz and
Matthew Daly
Associated Press
Wendy Sherman
Sherman
Kevin Book
Clearview Energy Partners
Atlantic
Frank Macchiarola
American Petroleum Institute
Oil and Gas Industry
Scholz
European Union
Washington
Justin C. Miller
East Avenue
Elyria
Medina Rd
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Medina
Millericoalch
Imo
Ford
Alex
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