Feb 21, 2013 — Consumer prices were flat in January. But since then, gas prices have risen sharply. So upcoming inflation reports may not be as positive.
Jan 16, 2013 — Consumer prices rose just 1.7 percent in 2012, the Bureau of Labor Statistics reports. That's about half the pace of 2011 — when prices went up 3 percent. A sharp slowing in the increase of gas prices was a major factor. The news means interest rates will likely stay low.
Oct 5, 2012 — Refinery and pipeline troubles pushed wholesale fuel costs to a record high this week, leading to higher gas prices for Californians. Industry watchers say those prices may not drop any time soon.
Jun 13, 2012 — Wholesale prices fell 1 percent in May from April thanks to an 8.9 percent plunge in the price of gasoline.
May 9, 2012 — Two-thirds of Republicans say the president can do something about high gas prices; about two-thirds of Democrats say he can't. But six years ago, with a Republican president in the White House, those numbers were reversed. Researchers want to understand this flipped perception.
Mar 23, 2012 — Americans are consuming less gasoline, but upward pressure on crude oil prices, seasonal factors and the shutdown of some refineries are combining to push up prices at the pump.
Mar 22, 2012 — President Obama visited Oklahoma for the first time since taking office and announced an executive order to speed up review of a U.S.-only portion of the controversial Keystone XL pipeline. His announcement came as Republicans criticized his administration over rising gas prices.
Mar 21, 2012 — Republicans are attacking President Obama and his team for allegedly saying they wanted energy prices to go up. The president scoffs at the charge. But some environmentalists say higher energy prices would be a good thing because they would spur the development of alternative technologies.
Mar 13, 2012 — Just as with the economy over which presidents also have little control, presidents nevertheless get the blame when things go badly, in the case of gas when prices rise to the point where a trip to the gas station leaves most consumers with sticker shock.
Mar 12, 2012 — President Obama's approval ratings have fallen as gas prices have risen. Mitt Romney has benefited from his well-planned strategy of collecting delegates whereever they're up for grabs. The most recent polls showed Romney tied or ahead in Alabama and Mississippi.