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Thursday

Gas prices drop below $4 a gallon. These factors will determine what happens next

A person goes to the pump at a gas station in Arlington, Va., on July 29. The national average price of gasoline fell below $4 a gallon on Thursday. Olivier Douliery/AFP via Getty Images hide caption

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Olivier Douliery/AFP via Getty Images

Business

Gas prices drop below $4 a gallon. These factors will determine what happens next

The national average price of gasoline has fallen below $4 a gallon. These are four key factors that could determine what happens next with prices at the pump.

Gas prices drop below $4 a gallon. These factors will determine what happens next

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Saturday

Gas prices are finally dropping. Here are 4 things to know

A gas pump is seen at a gas station in Houston on June 9. Gas prices have dropped below $4 a gallon in parts of the country, although the national average remains above that level. Brandon Bell/Getty Images hide caption

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Brandon Bell/Getty Images

Economy

Gas prices are finally dropping. Here are 4 things to know

The average price of gasoline nationwide is expected to drop below $4 a gallon in the coming days as prices continue to fall from the record highs hit in June.

Gas prices are finally dropping. Here are 4 things to know

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Monday

Inflation is crushing rural America and may even drive people to the cities

A combination of factors is pushing some people in rural areas to consider moving closer to cities. Spencer Platt/Getty Images hide caption

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Spencer Platt/Getty Images

Economy

Inflation is crushing rural America and may even drive people to the cities

Inflation is hitting hard in rural America and could accelerate depopulation in some parts of the country, according to the latest analysis from one expert.

Inflation is crushing rural America and may even drive people to the cities

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Sunday

When a first-term Democratic president struggles, people talk about Jimmy Carter

Then-Sen. Joe Biden is seen with former President Jimmy Carter watching the proceedings at the Democratic National Convention in Denver in 2008 where Biden would be the party's vice presidential nominee. Justin Sullivan/Getty Images hide caption

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Justin Sullivan/Getty Images

Politics

When a first-term Democratic president struggles, people talk about Jimmy Carter

Biden has been faulted for speeches that do not seem to meet the moment or lack the urgency to compel others to follow. His soothing approach to issues that prompt anger has often failed to soothe.

Tuesday

Also hit by inflation? Your local taco truck

A photo from Tacos y Birria La Unica's Facebook account. Tacos y Birria La Unica's Quesatacos hide caption

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Tacos y Birria La Unica's Quesatacos

Economy

Also hit by inflation? Your local taco truck

Higher prices for gasoline, meat and vegetables and even cooking oil have put pressure on food trucks as they struggle to balance menu prices with customers' expectations of a low-cost meal.

Also hit by inflation? Your local taco truck

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Sunday

Tuesday

Monday

Gas tax holiday? Biden says a decision could come by the end of the week

President Joe Biden talks to the media after walking on the beach Monday with his granddaughter Natalie Biden, left, and his daughter Ashley Biden at Rehoboth Beach, Del. Manuel Balce Ceneta/AP hide caption

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Manuel Balce Ceneta/AP

Economy

Gas tax holiday? Biden says a decision could come by the end of the week

Gas prices are finally dropping a bit after topping $5 per gallon, but the president says he's still considering suspending the federal gas tax, which could save Americans up to 18.4 cents per gallon.

Thursday

Wednesday

Biden is under pressure on gas prices. So he's putting pressure on oil companies

President Biden railed against oil company profits at an event at the Port of Los Angeles, saying, "Exxon made more money than God last year." Mario Tama/Getty Images hide caption

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Mario Tama/Getty Images

Politics

Biden is under pressure on gas prices. So he's putting pressure on oil companies

President Biden says he wants the biggest refiners to do more to increase gasoline supply and lower prices. He says he's ready to use emergency powers to boost capacity — but he didn't give details.

Saturday

Gas hits $5 a gallon for the first time. Here's how it got here and what's ahead

A gas pump is seen at a Chevron gas station on June 9 in Houston, Texas. Gas prices nationally hit an average of $5 a gallon, according to AAA. Brandon Bell/Getty Images hide caption

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Brandon Bell/Getty Images

Business

Gas hits $5 a gallon for the first time. Here's how it got here and what's ahead

Gasoline has become more expensive given that oil prices have surged as the world recovers from the pandemic. Russia's invasion of Ukraine has also made things worse. Here are four things to know.

Monday

Monday

A California police department offered gas money for unwanted guns. It ran out

The Sacramento Police Department said 134 people dropped off firearms at a gun buyback on Saturday. The department offered gas gift cards in exchange for guns, but ran out less than an hour into the event. Steve Prezant/Getty Images hide caption

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Steve Prezant/Getty Images

National

A California police department offered gas money for unwanted guns. It ran out

Sacramento police had to cut Saturday's event short because of the "overwhelming response." Meanwhile, a buyback event in Brooklyn gave iPads to people who dropped off certain types of firearms.

Tuesday

Gasoline prices hit a record high, again

A gas pump is seen in a station on Feb. 1 in Houston. Gasoline prices hit a new national record, not adjusted for inflation, surpassing the previous peak set around two months ago. Brandon Bell/Getty Images hide caption

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Brandon Bell/Getty Images

Business

Gasoline prices hit a record high, again

Gas prices surged to a national record, not adjusted for inflation, surpassing the previous milestone hit around two months ago. It comes just ahead of the key summer driving season.