Higher Gas Prices Have Cost U.S. Drivers an Additional $8.4 Billion, Democrats Say
The JEC Democratic minority says higher gasoline prices have added $8.4 billion in costs, with Texas and California hit hardest.
9 Articles
9 Articles
NH motorists have paid $38 million more for gas since Iran war began, Sen. Maggie Hassan says
Congress should suspend the federal gas tax to help American families who have already paid $8.4 billion more at the pump since the U.S. and Israeli attacks against Iran began last month, U.S. Sen. Maggie Hassan, D-N.H., said Thursday.
How the Iran war adds to the U.S. K-shaped economy through higher gas prices
The conflict in the Middle East has sent gasoline prices in the U.S. soaring to their highest level in four years. That’s bad news for everybody, but the domestic consequences of the war are likely to ripple unevenly, and in the process undermine one of the country’s primary engines of economic growth. Iran’s effective blockade of the Strait of Hormuz has starved the global economy of around 20% of the oil supply it is accustomed to, and America…
It now costs nearly $150 to fill up a Ford F-150: federal data
Gas prices have skyrocketed as a consequence of President Donald Trump’s war on Iran, and according to a new estimate from the Congressional Joint Economic Committee, American drivers have paid an extra $8.4 billion since the war began just one month ago.The report was released as the national average cost of gas topped $4 a gallon, and its math was based on a combination of three metrics: daily average gas prices per AAA, vehicle tank sizes per…
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