Gas prices in the U.S. have decreased since mid-June, but other costs, including housing and food prices, have seen consistent increases.
What matters is that the American economy is in trouble and hard-working families are feeling the pain.
The company also stated that inflation could potentially drop to as low as 5 percent in the next few months.
The trend was started by GOP Representative Jim Jordan, who tweeted about "Real Americans" not caring about the provisions of the Inflation Reduction Act.
Biden seems poised to score a major victory as Democrats move to pass the Inflation Reduction Act in a revival of his Build Back Better agenda.
"Getting new forms of energy, feeding the grid, will ultimately reduce the price of electricity." Sen. Mark Kelly of Arizona told Newsweek.
"I do think a lot of the settling in oil prices has been influenced by the leadership that the president showed earlier this summer," said the transportation secretary.
Instead of arguing over the definition of a recession, we should be talking about something much more pressing: the ongoing energy crisis.
"Not all flames need to be fed, some need to be smothered," Cuomo said about the House panel's hearings.
Exxon's Q2 results for 2022 followed remarks by President Joe Biden last month the firm "made more money than God."
Gas costs peaked nationally at $5.01 per gallon on average in mid-June and have been steadily dipping since.
A White House blog says recession is too narrowly defined, just as latest GDP figures are about to land. Some saw the post as an attempt to muddy the waters.
Economic experts explain how the downward trajectory of gas prices came about and whether rising inflation will follow soon.
One driver who filled up at the station on Tuesday morning said her car broke down on the highway.
One gas station owner said Thursday that "it's just a friendly competition between two business owners."
One third of Americans said they would blame rising gas prices on President Joe Biden, according to a poll in March.
A new CNN poll suggests only one in four Americans trust Joe Biden to tackle U.S. inflation.
"I don't believe we should be maintaining a warm relationship with a dictatorship like that," the senator said Sunday.
Prices are almost certain to spike due to a European Union decision to ban nearly all oil from Russia.
The president was widely criticized for greeting Saudi Crown Prince Mohammed bin Salman with a fist bump.
Increased gas cost, inflation, remote working, and alternative fuel vehicles have all contributed to decreased gas consumption, according to a top researcher.
The number of major urban areas with inflation over 10 percent is now eight, according to the Bureau of Labor Statistics.
A new inflation report shows U.S. consumer prices rose to a four-decade high.
Joe Biden's first Middle Eastern trip as president comes as Americans face soaring prices at the pump.
It was not immediately clear if the remark from Brian Kilmeade was intentional or a gaffe.