Arizona’s average price for regular gas has been third-highest in the country for at least the last month, trailing only California and Hawaii, and still $1.14 more than the national average of $3.54 as of Thursday. Read more»
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Gas prices in Arizona have been steadily growing since last March, with a 62.5-cent increase on average for a gallon of regular over the last month, according to AAA. And, as motorists head into summer, prices are likely to keep creeping up. Read more»
As if this year hasn’t been rough enough on the agriculture community, farmers can now add “global diesel shortage” to their hardship bingo card for 2022. Read more»
There are more than 600 fossil fuel lobbyists at the COP27 climate conference, a rise of more than 25% from last year and outnumbering any one frontline community affected by the climate crisis. Read more»
A series of symbolic moves on climate finance at COP27 suggests positive momentum could be starting to build on a pivotal issue at the UN summit in Egypt. Read more»
Lake Mead and nearby Lake Powell are at their lowest levels since they were filled in the 1930s - yet candidates are barely mentioning the disappearing water levels and the drought that’s causing it as more immediate concerns have risen to the top of many voters’ minds this year. Read more»
The increasing popularity of hybrid and electric vehicles is shrinking revenue from gas taxes, prompting more states to consider charging fees based on miles driven to help pay for roads and bridges. Read more»
President Joe Biden will authorize the release of 15 million barrels of oil from the nation’s reserves on Wednesday, part of an effort to lower gas prices as polling shows concerns over inflation are likely to hurt Democrats in congressional elections next month. Read more»
The average price for gas in Arizona fell to $3.99 a gallon Thursday, the first time in months it has been below $4 - a sharp decrease from the record high of $5.388 hit just two months ago - a surge in price largely driven by Russia’s invasion of Ukraine. Read more»
One day after the Biden administration prevailed in a Fifth Circuit order upholding its suspension of new oil and gas leases on public land, a federal judge whose preliminary injunction was vacated by the appeals court issued a permanent block on the pause. Read more»
The chasm between Russia and the West grew even wider Tuesday after Moscow announced an unexpected large reduction in natural gas flows to the European Union and said it will withdraw from the International Space Station in two years. Read more»
Balking at the Senate’s failure to rally behind climate provisions of his Build Back Better plan, President Biden announced that he will begin issuing executive orders and proclamations in the coming days to combat the climate change emergency. Read more»
Phoenix saw the highest inflation in big American cities at 12.3% over the 12 months ending in June as U.S. inflation reached a 40-year high for June as prices for gas, food and rent increased - but 30-day gas prices have dropped about 40 cents a gallon. Read more»
Despite skyrocketing oil and gas prices and amid worries about a possible recession, energy-producing states had the biggest drops in gross domestic product as companies are still struggling to bring back workers and rigs that were idled early in the pandemic. Read more»
The American Farm Bureau’s annual market basket survey of holiday food prices found that the cost of a cookout for 10 this year was $69.68, a skyrocketing 17% higher than the same meal last year, which cost $59.50. Read more»
Democrats face overwhelming odds heading into the November midterm elections as inflation, rising gas and housing prices and low approval ratings plaguing Democratic legislators - but that was before the Supreme Court overturned down Roe v. Wade. Read more»