Menu Close

Articles on Gas prices

Displaying 1 - 20 of 64 articles

A variety of factors have caused the U.S. inflation rate to increase over the past few years, from the pandemic to the war in Ukraine. Javier Ghersi/Moment via Getty Images

Inflation rates are rising in the US – an economist explains why

Rising inflation rates due to supply-side factors – COVID-19, Ukraine and supply chain shortages – make countering inflation difficult for the central bank.
Several sites, such as this one near Freeport, Texas, store the hundreds of million of barrels in the United States’ Strategic Petroleum Reserve. Department of Energy via AP

Biden bets a million barrels a day will drive down soaring gas prices – what you need to know about the Strategic Petroleum Reserve

The total release could reach 180 million barrels over six months, which would make it the biggest in the history of the Strategic Petroleum Reserve.
People in the Russian city of St. Petersburg stand in line to withdraw U.S. dollars and euros from an ATM. Ordinary Russians faced the prospect of higher prices as western sanctions over the invasion of Ukraine sent the ruble plummeting. (AP Photo/Dmitri Lovetsky)

From soaring gas prices to another world war, economic sanctions can lead to dire unintended consequences

Over-reliance on sanctions and economic warfare measures have led to strategic complacency and the avoidance of negotiations on the part of the western governments.
Some motorists are willing to pay more for the price of gas. Others are considering trading in gas-guzzling cars for more efficient vehicles. The price of gas at a Petro Canada gasoline station in Ajax, Ont., on March 7, 2022. THE CANADIAN PRESS/Doug Ives

Why gasoline prices have soared to record highs

Oil supply is very tight, and the current geopolitical crisis involving Russia, one of the world’s largest oil producers, has pushed prices over the edge.
The war in Ukraine will have major implications for energy and climate change, in Canada and the rest of the world, far into the future. THE CANADIAN PRESS/Frank Gunn

How the war in Ukraine will shape Canada’s energy policy — and climate change

New relationships between energy, geopolitical security and climate change policy flowing from the invasion of Ukraine are beginning to emerge, and the implications could be enormous.

Top contributors

More