Inflation

Line of 18-wheeler trucks on a highway in Tennessee

Biden's Truck Pollution Rule Hanging by a Thread

Four House Democrats joined all but one Republican to enact the Congressional Review Act to roll back President Biden's rule on heavy truck pollution approved by the EPA last December. The Senate had earlier narrowly passed the joint resolution.

May 30, 2023 - The Hill

Close-up of multicolored gas station pumps

OPEC Plus Decision to Reduce Oil Output Could Lead to Global Recession

A decision earlier this month by a group of the world's largest oil exporters to drastically reduce oil production to stem the decline in oil prices could be a ‘tipping point’ for a global recession, says the International Energy Agency.

October 19, 2022 - The Hill

A conceptual rendering of a red bus lane in Atlanta.

BRT Stations Cut, Project Delayed in Atlanta

Inflation is taking a bite out of planned transportation projects in Georgia. The state's first ever bus rapid transit project provides the latest example of scaled back ambitions.

August 28, 2022 - The Atlanta Journal-Constitution

An image of the Sample Gates at the entrance of the college campus of Indiana University Bloomington, with a street and the city in the background.

Cost of Living Rising Sharply for College Students

High inflation, rising tuition costs, and a competitive housing market are making it hard for college students to make ends meet.

August 18, 2022 - Bloomberg Wealth

Fracking

The Surprising Oil Tax in the Inflation Reduction Act

President Biden has made reducing gas prices paramount in his administration, so it was likely a surprise to hear a Republican senator last Sunday warn TV viewers that a revived and increased oil fee in the climate bill will increase their gas costs.

August 15, 2022 - Bloomberg News

Rural road in Central Ohio

Could Inflation Spur an Urban Rebound?

Inflation is hitting rural areas particularly hard. One expert sees the possibility of rural residents reconsidering cities as a place to avoid higher costs associated with rural mobility and to make more money.

August 8, 2022 - MPR News

Close-up of person holding receipt with grocery store shelves in background

The Local Causes of Inflation

Although it is widely seen as a national issue, decisions made at the local level often have a stronger impact on inflation than federal policies.

August 2, 2022 - Vox

Rent

California Rents Could Spike by as Much as 10 Percent

Thanks to inflation, landlords in parts of the state not limited by local rent stabilization ordinances can raise rent by up to 10 percent starting in August.

July 21, 2022 - Los Angeles Times

Commuter Traffic

The American Commute Is Getting More Expensive

The average cost of commuting in the United States rose by 35 percent since last year, according to a new report.

July 18, 2022 - Axios

Nighttime view of empty gas station

Biden Proposes Gas Tax Holiday to Reduce Gas Prices

President Biden asked Congress on June 22 to suspend federal fuel taxes, unchanged since 1993, for three months to provide motorists 'relief' at the pump. Additionally, he asked states to follow suit and for oil companies to increase refining.

June 30, 2022 - Smart Cities Dive

A sign with gas prices all listed above $7.39 per gallon.

Signs Gas Prices Are Curbing Driving in Colorado

Surveys and transit ridership both show some signs, with significant caveats, of the limits of the appetite for gasoline in Colorado.

June 14, 2022 - Colorado Public Radio

Environmentalism

Has the Rug Been Pulled Out From Under Environmentalists?

Robinson Meyer, a climate reporter for The Atlantic, writes about the awkward place American environmentalists find themselves due in part to the war in Europe that has created an international energy crisis and historically high fuel prices at home.

May 6, 2022 - The Atlantic

Washington D.C. Protest

A Somber Earth Day Finding

Polling from CBS News/YouGuv shows an inverse relationship between the economy and the environment. A year ago, 56% of respondents rated climate change as an urgent issue. Today's Earth Day finding shows it at 49% as doubts grow about the economy.

April 24, 2022 - CBS News

Gas Pumps

Waging War on High Gas Prices

America is not at war, but that didn't stop President Joe Biden from calling the largest release of oil from the nation's Strategic Petroleum Reserve that he authorized on March 31 to lower oil prices, a 'wartime bridge.'

April 6, 2022 - Washington Examiner

pallets of green oil barrels stacked

Banning Russian Oil

President Biden announced a ban on the importation of Russian energy on Tuesday in response to Russian President Vladimir Putin's invasion of Ukraine. He warned that gasoline prices will go even higher as a result. Europe will not be joining the ban.

March 10, 2022 - The New York Times

Oil

Democrats Balk at Gov. Newsom's Gas Tax Holiday

Saving motorists 3 cents a gallon may be a slam dunk for Republican leaders in the California legislature who opposed hiking the gas tax in the first place, but Democratic leaders are reluctant to tamper with a hard-fought legislative and ballot win.

February 22, 2022 - The Associated Press

Pumping Gas

Time for a Federal Gas Tax Holiday?

Senate Democrats introduced legislation to lower gas prices by suspending the federal gas tax through the end of the year. General funds would be directed to the Highway Trust Fund to replace gas tax revenue.

February 15, 2022 - Fox Business

pallets of green oil barrels stacked

Biden Orders Release from Strategic Petroleum Reserve: What's the Emergency?

The purpose of the Strategic Petroleum Reserve is to maintain oil flow to refineries during national emergencies when oil supplies are disrupted. What national emergency prompted President Biden to order the release of 50 million barrels?

November 29, 2021 - CNBC

Basement Apartment

High Housing Costs Could Keep Inflation Rising

After last year's precipitous drops, rents are rising again in cities around the country, which could signal sustained inflation.

August 1, 2021 - New York Times

California REITS Have Much at Stake on Election Day

One of the most controversial measures on the November 6 ballot in California is Prop. 10: the repeal of the landmark Costa-Hawkins Act that places limits on rent control. Real estate investment trusts are donating big time to defeat it.

August 15, 2018 - San Francisco Chronicle

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