A driver fills a vehicle with gasoline in Florida. (Jack Bennett/Bloomberg) June 25, 2026 3:30 PM, EDT key takeaways: Trump said he ordered the Justice Department to investigate gasoline prices, accusing major oil companies of not lowering pump prices quickly enough. National gasoline prices on June 24 were $3.93, above the five-year seasonal average as
The PCE increase was largely driven by more expensive gas. (Rogelio V. Solis/AP/File) June 25, 2026 9:21 am, EDT key takeaways: The Federal Reserve’s preferred inflation gauge rose 4.1% in May from a year earlier, the most since April 2023, driven mainly by higher gas prices. Rising costs of fuels, semiconductors and services have kept
(Michael Nagle/Bloomberg) June 24, 2026 8:16 am, EDT key takeaways: Oil prices have fallen and are close to the price they were before the Iran war started in late February. President Donald Trump said on social media that the Justice Department would investigate oil companies for price gouging. The market selloff this week has largely
A sign displaying the prices of unleaded gasoline and diesel fuel at a 76 gas station in San Francisco on March 19. (David Paul Morris/Bloomberg) June 24, 2026 8:50 am, EDT key takeaways: According to AAA, US diesel prices fell to $4.98 a gallon on June 24, the first drop below $5 since mid-March. Analysts
A driver refuels his vehicle at a Marathon gas station in Martinez, California. (David Paul Morris/Bloomberg) June 23, 2026 at 3:00 pm, EDT key takeaways: California consumers sued Walmart, Marathon Petroleum, BP and 7-Eleven on June 22, accusing them of illegally manipulating pump prices in AI-powered fuel pricing. The plaintiffs said Calibrate’s algorithms raised gas
Amazon packages on Prime delivery vans in New York last year. (Michael Nagle/Bloomberg) June 23, 2026 3:30 pm, EDT key takeaways: Amazon’s four-day Prime Day sale ends June 26 as shoppers seek more discounts amid higher gas prices in the wake of the Iran war. Adobe expects U.S. consumers to spend $26.3 billion online during
A small motorboat passes ships anchored in the Strait of Hormuz near Bandar Abbas, Iran, on June 17. (Amirhossein Khorgui/ISNA via AP) June 23, 2026 8:08 am, EDT | Update: June 23, 2026 10:16 am, EDT key takeaways: Oil prices continue to fall on hopes of ending the Iran war. Iran says it has closed
Scott Einsman is Outdoor Life’s gear editor. He oversees the gear team of editors and writers who are subject matter experts in bows, knives, hunting, fishing, backpacking, and more. He lives in Richmond, Virginia with his wife and two bird dogs.
More than 100 oil tankers were stuck inside the Persian Gulf before the interim peace agreement was signed. (Andrea Campanu/Bloomberg via Getty Images) June 22, 2026 8:16 am, EDT | Update: June 22, 2026 8:45 am, EDT key takeaways: Oil prices fell as talks progress on a permanent end to the Iran war. High-level talks
There are some things we all have to accept in this life, and the fact that a new motorcycle will eventually depreciate is one of them. For years, Harley-Davidson motorcycles played by a different set of rules, with some models retaining their value much longer than expected. Today, this is no longer the case. Although