U.S. gasoline consumption plummeted in 2020 amid COVID-19 restrictions ... The all-time inflation-adjusted high for the average gas price in the U.S. was $5.91 per gallon for regular unleaded ...

Inflation rose 2.5% over the year in January compared to 2.6% in December, marking the first decrease in four months.

Once the tariffs start, gas prices could shoot up 15 cents a gallon or more at the pump relatively soon, according to a top ...

(The Center Square) – One month since President Donald Trump took office, gas prices are down in Michigan ... Year-ahead inflation expectations also jumped up from 3.3% in January to 4.3% ...

Inflation slowed through much of last year – falling as low as 2.4% from a 40-year high of 9.1% in mid-2022 – but it has remained stubbornly high since fall. The cost of services such as car insurance ...

The BLS in a January 2023 report blamed inflation on “volatility of energy prices, backlogs of work orders for goods and services caused by supply chain issues due to COVID-19, and price changes ...