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Higher Gas Prices Would Likely End Iran War
Trucks

Higher Gas Prices Would Likely End Iran War

A sign displaying the price of regular gasoline and diesel fuel at a Citgo gas station in Brewer, Maine on June 8. (Graeme Sloan/Bloomberg) June 16, 2026 8:44 am, EDT key takeaways: A temporary US-Iran agreement to reopen the Strait of Hormuz has begun to ease oil prices, but consumers are unlikely to see immediate

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Why are diesel taxes higher than gas taxes in some states (especially California) and lower in others?
Cars

Why are diesel taxes higher than gas taxes in some states (especially California) and lower in others?

Al Drago/Getty Images For decades states have used gas taxes to fund road repairs. But only kind of. Most states charge per gallon purchased, not per dollar spent, which means that as cars are becoming more fuel-efficient (and EVs are eating into gas purchases), this means gas

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