Your fuel pump pushes fuel from your gas tank through your fuel lines to your engine. Then, your fuel injectors are responsible for spraying just the right amount of gas into your combustion chambers ...

Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program. Gas prices hit $3.72 per gallon on ...

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US diesel rose above $5 a gallon for the first time since December 2022, the latest sign of surging fuel price pressures menacing the global economy as the war in Iran continues to disrupt energy ...

The Trump administration is allowing nationwide sales of E15 gasoline to help lower rising gas prices. E15, a blend of 15% ethanol, is generally cheaper than standard E10 gasoline. The EPA states E15 ...

A Shanghai-based start-up claims to have mastered a technique for producing synthetic petroleum at low cost from air and water, as China intensifies efforts to develop alternatives to traditional ...

U.S. diesel prices have surged 34% to $5.04 per gallon since the U.S. attacked Iran. Diesel is essential to the U.S. economy. The fuel is used in trucks, trains and barges that transport goods to ...

Cruise lines are facing headwinds as rising oil prices push their fuel costs higher amid the Iran war, as analysts are warning that Carnival could see the biggest hit to its 2026 profit. Oil prices ...

Fleet operational costs rose 21.3% in 2022 over the previous year, says a leading trucking industry research group, and the culprit last year was an all-too-familiar one: fuel, the cost of which rose ...

A shortage of fuel supplies in some locations and a dramatic price increase at the bowser have many of us feeling understandably on edge and worried about household budgets. Motorists are being asked ...

"Today’s report provides immediate and concrete measures... to shelter consumers from the impacts of this crisis," says IEA Executive Director Fatih Birol. "The war in the Middle East has created the ...

Oil is used to power the supply chain, from machines that manufacture a cellphone to diesel that powers a truck Fertilizer. Phones and laptops. Flights. These are just some of the products made from ...