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Supply chains and refineries are struggling to keep up with global demand. Drivers in Wyoming are still hitting the road, but industries across the state are entering a precarious position.
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Consumers will likely continue to absorb higher prices for groceries and other goods.
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Experts say diesel hitting an all-time high will likely contribute to higher prices on consumer goods like groceries
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With gas prices more than a dollar above what they were this time last year, some politicians nationally and locally are suggesting waiving fuel taxes.
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The price of gasoline varies across the Mountain West—some states paying more than the national average
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Increase in gas prices due to a fire at a CA refinery
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A new report shows that Wyoming’s total energy costs are the highest in the nation, but it might be a little misleading.
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Gas prices are on the decline nationwide and many states are boasting lower prices than a year ago. But for some in the Mountain West, that’s not the case.
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Inflation has hit paychecks pretty hard this year as it is at a 40-year high . Decision makers in Washington, D.C. are hoping to see inflation go down. In fact, the Federal Reserve hiked interest rates by another three-quarters of a percentage point in October, putting the rate at 3.75 percentage points, up from zero in March. And while fuel prices have slowly decreased from record levels nationally and statewide, the average price of gas in Wyoming is $3.62 per gallon, up from $3.49 a year ago. Jared Bernstein is a member of the Council of Economic Advisers for the White House, and tackling inflation is part of his job. Wyoming Public Radio's Caitlin Tan asked him how the White House is thinking about tackling inflation and increased fuel prices in rural areas.
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This year, inflation has reached a 40-year high, and it has largely been felt at the gas pump. Those in Washington D.C. have ideas about how to tackle inflation, especially in rural areas like Wyoming.