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The proposal also includes transit cards that will help Illinois residents paying an average of $4.46 per gallon at the pump, compared to a national average of $4.23.
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The U.S is planning its largest-ever release from its Strategic Petroleum Reserve. Here's what to know about the country's emergency oil stash.
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The decision comes as prices have spiked since the U.S. and allies have imposed steep sanctions on Russia over its invasion of Ukraine.
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Soaring gasoline prices have fueled increased demand for electric cars, hybrids and smaller gasoline-powered vehicles. But shoppers may not find much to choose from.
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Also included in the proposed package is $750 million to give Californians free rides on public transit for three months.
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President Vladimir Putin issued a new directive as he attempts to leverage Russia's in-demand fuel to counter a barrage of Western sanctions.
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The Biden administration is encouraging U.S. oil companies to increase their production to help curb record-high gasoline prices. Turns out, however, that boosting output is easier said than done.
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With each passing day the disruption of oil markets related to Russia's invasion of Ukraine pushes up gas prices in the U.S. to a new record.
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As U.S. gas prices hit record highs, it's an especially good time to improve your car's fuel economy. Keeping windows closed, avoiding high speeds and getting routine tuneups can all help.
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China, India, Japan, South Korea and the United Kingdom are also tapping their emergency stocks. The goal is to try to bring down oil prices, which have been causing consumers pain at the pump.