Gas & Oil
Jennifer Granholm said the U.S. will produce a record amount of oil next year.
Falling prices for gas, airline tickets and clothes are giving consumers a bit of relief, although inflation is still close to a four-decade high.
A dense black smoke cloud from the fire has spread about 62 miles west toward Havana.
The average price at the pump is down 55 cents over the past six weeks, but it’s $1.32 higher than it was one year ago.
"We already have many gas stations around the country that are below $4,” Amos Hochstein told CBS' "Face the Nation."
The gas station's owner said it would "make things right" after an error impacted drivers in LaFayette, Georgia.
The move is meant to ease financial pressures at the pump for millions of Americans.
The gas tax is currently 18.4 cents a gallon. Any freeze would require action by Congress.
Biden repeated his goal to lower gas prices that are averaging a record $5 a gallon in the U.S. while also shifting away from fossil fuels to limit climate change.
The misplaced decimal point reportedly cost the California gas station $16,000 after hundreds of drivers filled up.