Oil is rising amid the Israel-Hamas war. Here's impact on gas prices.
Fighting has broken out between Israel and Hamas, pushing up global oil prices amid fears the conflict could escalate.
Gas Prices
Oil prices and the Israel-Hamas conflict
Israeli and Palestinian territories are not major oil producers, but if their conflict spreads to other parts of the region it could have major consequences for oil production and prices. Al Root, a senior writer for Barron's, joined CBS News to discuss what could happen.
Oil cuts abroad could impact interest rates
Saudi Arabia and Russia have agreed to extend their voluntary oil production cuts through the end of 2023 -- a move that's already driving prices up. Carolyn Kissane, associate dean at New York University's Center for Global Affairs, joins CBS News to discuss how higher oil prices could also impact interest rates in the U.S.
How gas prices could affect Labor Day plans
Labor Day weekend is here, and millions of Americans --an estimated 148 million according to one survey -- aren't planning to stay home. CBS News senior transportation correspondent Kris Van Cleave has the latest on the travel rush.
Heat wave partly to blame for surge in gas prices
The average price of a gallon of regular gasoline has risen about 30 cents in the last month. The increase is due in part to scorching temperatures which have forced some oil refineries, which are not designed to operate about 95 degrees, to cut production. Kris Van Cleave has more.
3 reasons gas prices are climbing again
California has America's most expensive gas at around $5.00 a gallon. The cheapest is in Mississippi at $3.32 a gallon.
Gas prices jump to 9-month high
The average price of a gallon of gas across the U.S. is $3.83 according to AAA, a 9-month high. Wall Street Journal reporter Hardika Singh joined CBS News to discuss the reason for the price spike at the pump.
Gas prices spiking nationwide
The average price of a gallon of gas nationwide is up to $3.83 according to AAA, over 30 cents more than a month ago. Saudi Arabia's efforts to curb oil production and the summer's record-breaking heat are being pointed to as factors for the high prices. CBS News senior transportation correspondent Kris Van Cleave has the latest.
Gas prices high, but relief could be coming
An oil production cut could lead to more pain at the pump for Americans. Gas prices shot up in July, causing an increased cost for summer road trips. We asked senior transportation correspondent Kris Van Cleave to explain why heat is costing you at the pump.
U.S. gas prices expected to drop
According to AAA, the national average of a gallon of gas is $3.53, down from an average of $4.78 a year ago. Patrick De Haan, head of petroleum analysis at GasBuddy, joined CBS News to talk about what could keep prices at the pump trending down.
Markets fluctuate after Saudi oil cut
Oil prices are down slightly after an increase on Monday. Saudi Arabia announced Sunday it would cut down on its oil production by 1 million barrels per day in July. Summer Said, a senior Middle East correspondent for the Wall Street Journal, has more.
The best electric lawn mowers in 2023
Pump the brakes on your gas-powered lawn tools with these electric alternatives from Greenworks, Black + Decker and more.
Italy leads revolt against Europe's electric vehicle transition
PM Giorgia Meloni's far-right government tried and failed to block EU plans to ban all new fossil fuel-powered cars by 2035, but it's not giving up the fight entirely.
Arizona drivers contend with unusually high gas prices
The average price of a gallon of regular in Arizona is over $1 more than the national average.
Arizona experiencing unusually high gas prices
The average price of a gallon of regular gas in Arizona is over $1 more than the national average. Kris Van Cleave examines why this is the case.
U.S. average gas prices up slightly
AAA says the national average for gas prices is up by around 20 cents per gallon compared to a month ago. David Uberti, a reporter for The Wall Street Journal, breaks down what to expect in the next few months.
South Florida faces fuel supply issues after devastating storm
At one point Tuesday, more than half of all gas stations in the Miami and Fort Lauderdale area were out of fuel, according to GasBuddy.com.
Walmart Plus: Why you should cancel Amazon Prime and make the switch
Become a Walmart+ member to shop exclusive sales, save money on gas, and get a subscription to Paramount+ for free.
OPEC announces cuts to oil production
OPEC unexpectedly announced cuts to oil production. The move will likely increase the price of gas.
Here's what OPEC's production cuts mean for U.S. gas prices
Oil cartel's surprise plan to dial back production will likely push up fuel costs within the next two weeks, analysts say.
Oil prices soar after OPEC+ announcement
Oil prices soared unexpectedly today after OPEC+ producers unexpectedly announced a massive output cut. Kevin Book, managing director of Clearview Energy Partners, joins CBS News' Lilia Luciano and Lana Zak to discuss the announcement and how it could impact gas prices.
California lawmakers approve nation's first penalty for gas price gouging
The Democratic-led state Legislature voted to give regulators the power to punish oil companies profiting from the type of high gas prices suffered by Californians last summer.
Gas prices continue to drop
Gas prices are dropping because the cost of crude oil per barrel has been tumbling -- and that's starting to show at the gas pump. CBS News MoneyWatch reporter Khristopher Brooks has more.
Gas prices are dropping, particularly in these 9 states
Crude oil prices have fallen below $80 per barrel, resulting in cheaper prices at the pump, according to experts.
Latest numbers on inflation trends
The Producer Price Index rose 0.7% in the month of January, suggesting inflation pressures continue to hit the economy. CBS MoneyWatch reporter Aimee Picchi joined Anne-Marie Green and Nancy Chen to discuss what the numbers mean for consumers and why prices remain high at the grocery store.
House Ethics Committee will keep Matt Gaetz report under wraps — for now
The panel's ranking Democrat, Rep. Susan Wild, said there was "no consensus" on the issue and the committee agreed to reconvene on Dec. 5.
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
How could the U.S. military be used for Trump's mass deportation plan?
Trump signaled this week that he would enlist the help of the U.S. military for his massive deportation operation.
Bryan Kohberger can face death penalty if convicted, judge rules
Bryan Kohberger is charged with four counts of first degree murder in the 2022 stabbing deaths of four University of Idaho students.
4 Trump Cabinet picks have sexual misconduct allegations in their past
Four men chosen by President-elect Donald Trump for top positions have been accused of varying degrees of sexual misconduct.
Former Dallas police officer Amber Guyger ordered to pay nearly $100 million in civil trial
Guyger was convicted six years ago of shooting and killing Jean in his apartment, which she said she thought was her own.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
American dies in Laos amid reports that several tourists suffered alcohol poisoning
The American died in the tourist town of Vang Vieng, Laos, the State Department confirmed.
Chris Stapleton wins 4 CMAs but Morgan Wallen named entertainer of the year
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
U.S.
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Capitol rioter with "kill list" convicted of plot to murder FBI agents
Edward Kelley distributed a "kill list" and videos containing images of FBI employees to another person as part of his "mission," prosecutors say.
Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme
Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.
MoneyWatch
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Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
Sheetz is cutting gas prices by 40 cents a gallon before Thanksgiving
As millions of Americans get ready to hit the road ahead of the Thanksgiving holiday, Sheetz is offering a deal on fuel.
Reddit is down for many users, reports say. Here's what to know.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
Has life in the U.S. become too political? You can buy a house in Italy for $1.
A village in Sardinia is trying to entice politics-weary Americans to buy cheap homes in Italy.
Politics
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Analysis: Election conspiracies persist, even with different outcomes
Conspiracies persist, although it is effectively impossible to steal a major election in the United States.
How could the U.S. military be used for Trump's mass deportation plan?
Trump signaled this week that he would enlist the help of the U.S. military for his massive deportation operation.
House Ethics Committee will keep Matt Gaetz report under wraps
Rep. Susan Wild said there was "no consensus" on the issue and the committee agreed to reconvene on Dec. 5.
4 Trump administration picks have sexual misconduct allegations in their past
Four men chosen by President-elect Donald Trump for top positions have been accused of varying degrees of sexual misconduct.
Here's what experts say about the chances of another stimulus check
Some voters are hoping President-elect Donald Trump may send out another stimulus check. Here's what the experts say.
HealthWatch
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Are food recalls and outbreaks on the rise?
The FDA says America's food supply is still "one of the safest in the world," despite some recent high-profile recalls and outbreaks.
McDonald's pulls espresso drinks from some U.S. menus
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
Florida Gov. DeSantis' Canadian drug import plan goes nowhere after FDA approval
Florida sued the FDA over what it said was a "reckless delay" in approving its drug importation plan. Now, nearly a year after the FDA gave the state the green light, the program has yet to begin.
As "walking pneumonia" spreads, ER visits surge for sick babies
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
Trump taps Dr. Mehmet Oz to lead key Medicare and Medicaid agency
Dr. Mehmet Oz unsuccessfully ran for Senate in 2022. Now he's Trump's choice to lead the Centers for Medicare and Medicaid Services.
World
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American among 4 tourists dead after drinking tainted booze in Laos
The American died in the tourist town of Vang Vieng, Laos, the State Department confirmed.
U.S. indicts Indian billionaire Gautam Adani in $265 million bribery scheme
Gautam Adani, one of the world's richest people, is accused of concealing that a solar energy project was being facilitated by an alleged $265 million bribery scheme.
Giraffes need endangered species protection, U.S. officials say
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
3 police officers, 4 cartel suspects killed near U.S. border
Drug cartel gunmen also attacked a funeral convoy of cars accompanying the body of one of the victims in the first attack, officials said.
China admits spy plane violated Japanese airspace, Tokyo says
China said the airspace violation occurred when the plane's pilot took emergency measures due to turbulence, Japan's Foreign Ministry said.
Entertainment
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Chris Stapleton wins 4 CMAs but Morgan Wallen named entertainer of the year
Chris Stapleton took home four Country Music Association Awards and hardly left the stage on Wednesday night, while an absent Morgan Wallen won the night's biggest prize, entertainer of the year.
Paul Mescal on what he learned from working with Denzel Washington
Paul Mescal discusses his experience working with Oscar winner Denzel Washington in "Gladiator II," and what it was like to work on intense scenes together.
Clay Aiken on his new holiday album
Award-winning singer Clay Aiken, who rose to fame on American Idol, joins "CBS Mornings Plus" to talk about his new holiday album, "Christmas Bells Are Ringing," and his rendition of Bing Crosby's "Do You Hear What I Hear?"
Paul Mescal on "Gladiator II"
Paul Mescal joins "CBS Mornings" to discuss his role as Lucius in "Gladiator II," the son of Maximus and Lucilla, who is thrust into the arena to fight for the Roman Empire 15 years after Maximus' death.
Paul Simon says group's steps toward hearing loss cure gives him hope
CBS News' Anthony Mason joins Paul Simon on a trip to the Stanford Initiative to Cure Hearing Loss, to explore how researchers are getting closer to finding answers about repairing and preventing hearing loss.
Technology
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Justice Department calls for breakup of Google and sale of Chrome
The proposed breakup calls for Google to sell its industry-leading Chrome web browser and impose restrictions designed to prevent its Android smartphone software from favoring its search engine.
Reddit is down for many users, reports say. Here's what to know.
Reddit says it's investigating after users on Wednesday reported problems connecting to the online forum.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Deepfakes of Elon Musk contribute to billions in fraud losses
A study found that Elon Musk is the most common celebrity used in deepfake scams.
SpaceX successfully tests Starship
SpaceX successfully launched its Super Heavy-Starship rocket from Texas for its sixth test flight Tuesday with its CEO Elon Musk and President-elect Donald Trump looking on. CBS News correspondent Jason Allen has more on the launch.
Science
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How collecting pine cones helps renew Oregon forests after wildfires
Conservationists are teaming up with the U.S. Forest Service and logging companies to clear scorched land and make room for new reforestation projects.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.
Giraffes need endangered species protection, U.S. officials say
The U.S. Fish and Wildlife Service has proposed new protections for giraffes, saying their populations are threatened by poaching, habitat loss and climate change.
Carcass of massive endangered whale washes ashore in Alaska
The carcass was comparable to the width of a college basketball court and female, according to biologists.
Energy Secretary Granholm on Trump presidency
Former leaders and climate experts have issued a letter calling the U.N.'s annual climate meeting "no longer fit for purpose." Recently, CBS News spoke with U.S. Energy Secretary Jennifer Granholm about the summit and what the incoming Trump presidency means for clean energy and climate change. The conversation took place before the president-elect made his pick for energy secretary.
Crime
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Capitol rioter with "kill list" convicted of plot to murder FBI agents
Edward Kelley distributed a "kill list" and videos containing images of FBI employees to another person as part of his "mission," prosecutors say.
Man convicted of murder in slaying of Laken Riley
A judge Wednesday found a Venezuelan migrant guilty on all counts in the murder earlier this year of Georgia nursing student Laken Riley. He was sentenced to life in prison without the possibility of parole. Manuel Bojorquez has the latest.
Bryan Kohberger can face death penalty if convicted, judge rules
Bryan Kohberger is charged with four counts of first degree murder in the 2022 stabbing deaths of four University of Idaho students.
Florida man arrested in alleged plot to bomb New York Stock Exchange
South Florida native Harun Abdul-Malik Yener was charged with attempted use of an explosive to damage or destroy a building used in interstate commerce.
"Rust" movie premieres in Poland
The "Rust" film premiere in Poland occurred three years after the fatal on-set shooting of cinematographer Halyna Hutchins. Alec Baldwin was not present. CBS News' Chris Livesay reports.
Space
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Space
Trump, Musk attend SpaceX launch
President-elect Donald Trump attended SpaceX's sixth flight test of its Super Heavy-Starship on Tuesday with CEO Elon Musk. The burgeoning friendship between the two men played a key role in Trump's reelection, with Musk now set to run a government efficiency agency in the coming months. CBS News political reporter Jake Rosen and Politico aviation reporter Oriana Pawlyk join "America Decides" with more.
SpaceX launches Super Heavy-Starship, with Trump there to watch
President-elect Donald Trump was on hand with Elon Musk for the sixth test flight of SpaceX's huge Super Heavy-Starship rocket.
Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
When you can see the Beaver Moon, 2024's final supermoon
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Astronauts decline to answer questions about post-flight medical issue
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
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Latest CBS News Videos
Johnson implements transgender restroom ban
House Speaker Mike Johnson on Wednesday took aim at incoming Democratic Rep. Sarah McBride, the first ever transgender member elected to Congress, with his decision to bar transgender people from using bathrooms in the Capitol Complex that do not align with their sex assigned at birth. Scott MacFarlane has more.
How mass deportations could affect food
President-elect Donald Trump confirmed that he plans to address illegal immigration in the U.S. through a mass deportation program. CBS News MoneyWatch correspondent Kelly O'Grady discusses how such a plan could affect the food industry.
Who is Linda McMahon?
President-elect Donald Trump announced he plans to nominate former wrestling executive Linda McMahon as education secretary. Washington Post political investigative reporter Beth Reinhard joins "The Daily Report" to discuss her qualifications and plans.
Can Democrats fill 44 judicial vacancies?
President-elect Donald Trump is urging Republicans to slow down President Biden's judicial nominations before January. There are currently 44 vacancies, and 14 of Mr. Biden's nominations await Senate approval. Wall Street Journal Supreme Court correspondent Jess Bravin joins "The Daily Report" to discuss.
Restoring forests decimated by wildfires
Large wildfires fueled by climate change have destroyed tens of millions of acres of forests in the Pacific Northwest in recent years. Jonathan Vigliotti explores a major effort underway to restore those forests.