GgoogleGB first seen 3 d ago, last 1 h ago, peak #1

Gas prices climb on both sides of the Atlantic

Original: gas prices

Fuel costs are dominating headlines in the US and UK. Federal data shows US gas prices under President Trump have now surpassed the highs reached during the Biden era, drawing attention to the political cost of inflation. In Britain, motorists face further pump price rises as the Chancellor is reportedly planning a new petrol tax in the upcoming Budget, while regulator Ofgem has approved a deal to maintain UK gas import capacity.

Why now: Rising fuel costs and new tax plans are hitting consumers at the same time in the US and UK

Donald Trump Joe Biden Ofgem UK Chancellor the Budget

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Evidence

3 LNG Stocks Retail Investors Are Watching As Hormuz Disruption Reshapes Global Gas · Simply Wall Street
Gas prices under Trump eclipse highs of Biden era, federal data reveals · The Independent
Trump ignores his own team’s advice, celebrates higher oil prices · MS NOW
Brits face more pump price misery as Chancellor plots new petrol tax in Budget · The Sun
Ofgem approves deal to maintain UK gas import capacity · Reuters
Trump is about to discover the political cost of inflation · The Irish Times

Elsewhere

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