Rocky Mountain Voice

Tag: Gas prices

Trump Announces Historic Iran Peace Deal as Strait of Hormuz Reopens
Just The News, Approved, National

Trump Announces Historic Iran Peace Deal as Strait of Hormuz Reopens

By Ben Whedon | Just the News The terms of the agreement were unavailable as of Sunday night, but a top Pakistan mediator said both sides have declared the immediate and permanent termination of all military operations. President Donald Trump has unveiled a deal to end 47 years of hostilities with Iran, bringing months of U.S.military operations to an end and opening the Strait of Hormuz in a one-two punch certain to ease oil prices ahead of the midterm elections. "Let the oil flow!” Trump declared Sunday on social media after completing the deal on his 80th birthday and the day the U.S. began its 250th anniversary celebration with an historic UFC Freedom 250 mixed martial arts fight on the White House South Lawn. A signed ceremony was set for Friday in Switzerland. ...
Denver Inflation Climbs To 5% As Fuel Prices Drive Costs Higher
The Denver Gazette, Approved, Local

Denver Inflation Climbs To 5% As Fuel Prices Drive Costs Higher

By Bernadette Berdychowski | The Denver Gazette The Denver-Aurora-Lakewood metro area recorded a 5% rise in prices in the last year, according to federal data released Wednesday for the month of May from the Bureau of Labor Statistics, the highest level seen since 2023.Denver is trending higher than the national annual average of 4.2%.Denver’s inflation was the second-highest among 12 metropolitan regions in the nation after Urban Hawaii in May, according to the BLS. The federal agency tracks inflation across 23 cities. Data from the three biggest cities — New York, Los Angeles and Chicago — are released monthly. Meanwhile, the federal agency releases data from the rest of the cities like Denver every other month. A surge in prices following the pandemic pushed inflation t...
Rural Colorado Communities Back Iran Strategy Even As Gas Prices Climb
Pikes Peak Courier, Approved, State

Rural Colorado Communities Back Iran Strategy Even As Gas Prices Climb

By Reuters | Pike's Peak Courier WIGGINS, Colo. • Perched behind the cash register at Stubs liquor store, Amy Van Duyn gazed out the window at a red-and-green gasoline price sign, which she said seemed to tick up daily. The price was $4.34 per gallon — about 50% higher than it was in these parts when President Donald Trump returned to the White House last year. “I used to fill my tank for $36,” said Van Duyn, 42. “Now $36 gets me half a tank.” Her co-worker Tonyah Bruyette said when it’s time to buy groceries, she’s left wondering where all her money went: “We’re putting it in the tank rather than on our table.” Like most people in and around Wiggins, a farming town of 1,400 people in northeast Colorado, Van Duyn and Bruyette remain ardent supporters of t...
Colorado Drivers Feel Economic Squeeze As Gas Nears $4.50 Per Gallon
The Colorado Sun, Approved, State

Colorado Drivers Feel Economic Squeeze As Gas Nears $4.50 Per Gallon

By Tamara Chuang | The Colorado Sun It’s even more painful for truckers and ride-sharing drivers. Many are contractors who are paying out of pocket to fuel up. Before Feb. 28, Kareem Sawadogo paid about $40 to fill up his tank. Now, it’s over $65, said Sawadogo, a driver for both Lyft and Uber. And if he’s driving full time, which is 40 to 60 hours a week, he must fill up daily. Combine the higher cost of gas with the rising prices of auto insurance and car maintenance, and it seems cheaper to just park his car.  “If you do the math, 30 times seven, that extra is a lot of money,” said Sawadogo, who’s taken on another job — organizing for the Colorado Independent Drivers United, which estimates there are 41,000 ridesharing drivers in the state. “I cannot a...
U.S. Blockade Could Break Iran If Washington Holds The Line
The Federalist, Approved, Commentary, National

U.S. Blockade Could Break Iran If Washington Holds The Line

By Helen Raleigh | Commentary, The Federalist The U.S. naval blockade of the Strait of Hormuz is a significant escalation that carries considerable risks and rewards. This week, the United States imposed a naval blockade on Iranian ports in the Strait of Hormuz. The action marks a significant escalation following the collapse of peace negotiations between the U.S. and Iran. While the move carries considerable risks, it also offers substantial potential rewards. The Strait of Hormuz, with Iran controlling its northern shore, has long been one of the world’s most critical energy arteries. Before the war, roughly 20 percent of global seaborne oil trade and significant volumes of liquefied natural gas (LNG) passed through its narrow waters. Sin...
Trump Relaxes Shipping Restrictions to Address Wartime Energy Strain
The Western Journal, Approved, National

Trump Relaxes Shipping Restrictions to Address Wartime Energy Strain

By Nick Givas | The Western Journal President Donald Trump is issuing a temporary waiver of the Jones Act for two months in an effort to lower oil prices amid America’s ongoing conflict with Iran. White House Press Secretary Karoline Leavitt announced the move on Wednesday. “President Trump’s decision to issue a 60-day Jones Act waiver is just another step to mitigate the short-term disruptions to the oil market as the U.S. military continues meeting the objectives of Operation Epic Fury,” she wrote on the social media site X. Leavitt added, “This action will allow vital resources like oil, natural gas, fertilizer, and coal to flow freely to U.S. ports for sixty days, and the Administration remains committed to continuing to strengthen our critical supply chains...
Oil Surges Past $100 As Middle East War Disrupts Global Supply
Breitbart, Approved, National

Oil Surges Past $100 As Middle East War Disrupts Global Supply

By: John Carney | Breitbart Oil prices surged past $110 a barrel on Sunday evening, topping $100 for the first time in nearly four years, as the war in the Middle East entered its ninth day with no end in sight and the Strait of Hormuz remained effectively closed to tanker traffic. Brent crude, the international benchmark, briefly topped $110 soon after markets opened Sunday evening, while West Texas Intermediate rose to $109.05. Both benchmarks were trading around $60 a barrel in early January. President Trump on Sunday night sought to reassure Americans that oil prices would come down in short order. “Short term oil prices, which will drop rapidly when the destruction of the Iran nuclear threat is over, is a very small price to pay for U.S.A., and World, Saf...
President Trump’s Historic Year of Achievements for Colorado
Rocky Mountain Voice, Commentary, State, Top Stories

President Trump’s Historic Year of Achievements for Colorado

By Christy Fidura | Guest Commentary, Rocky Mountain Voice When Joe Biden left office, he left a legacy of weakness, wokeness, and worry among the American people about our nation's future. In just over one year, President Trump has turned America around to ensure that the state of our Union is strong, and the future is bright. Despite inheriting an economy on the verge of collapse, President Trump stopped the bleeding and is getting America, and Colorado, back on the right path. True wages for workers increased more than $1,100 last year and Americans are reaping the rewards of tax refunds up 15% this year thanks to President Trump and Republicans passing the largest tax cut in history. The Working Class Families Tax Cut fulfilled several of President Trump's c...
Thanksgiving prices fall in Colorado but families still pay more than most Americans
Rocky Mountain Voice, Commentary, State, Top Stories

Thanksgiving prices fall in Colorado but families still pay more than most Americans

By Shaina Cole | Commentary, Rocky Mountain Voice This Thanksgiving, the cost of celebrating for Colorado families is at its lowest since the peak in 2022. The American Farm Bureau Federation reports that a traditional Thanksgiving dinner for ten now costs $55.18 - a five percent decline from last year. Colorado continues to sit above the national average. According to KKTV, the same meal costs $61.63 in the state, which is about $6.45 more than what the typical American pays but still roughly $13 cheaper than the year before.  The West once again tops the chart as the most expensive region for Thanksgiving, with a $61.75 average that closely matches Colorado’s $61.63 estimate. That’s not a fluke; analyses of grocery spending show Western states, including Colorado, consisten...
California Gas Prices Could Hit $8 as Green Mandates Shut Refineries
State, Approved, YAHOO

California Gas Prices Could Hit $8 as Green Mandates Shut Refineries

By Emma Caplan-Fisher | Yahoo Two large California oil refineries are shutting down, triggering mounting concerns from state legislators, industry groups and many others. Assemblymember Mike A. Gipson of the Gardena district bluntly described his concern during a recent Sacramento hearing. “This is a tremendous loss,” Gipson told NBC Los Angeles, referring to the looming closure of the Phillips 66 plant near L.A. "The jobs that it holds, the individuals… working each and every day, those individuals live in my district, they shop in my district, they add to the economy in my district." Shutting down refinery powerhousesThe Phillips 66 and Valero’s Benicia sites are set to close in 2026. Together, the shutdowns will eliminate nearly 300,000 barrels-per‑day of refining capacity —...

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