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News and updates about gas prices

WH to sell another 20 million barrels from Strategic Reserve

White House announces it will sell 20 million more barrels of oil from Strategic Petroleum Reserve to bring down gas prices.

WH to sell another 20 million barrels from Strategic Reserve

Lapid: Gas prices to drop next week

PM says govt. to act to lower cost of living during weekly Cabinet meeting.

Lapid: Gas prices to drop next week

Finance Minister estimates: Gas prices to drop in August

'Greatly bothered by how coalition members are chasing Shas chief,' Finance Min. Liberman says.

Finance Minister estimates: Gas prices to drop in August

Gas prices to top NIS 8 per liter

The rise in prices is attributed to a global uptick in oil costs, as well as the dollar's rise against the shekel.

Gas prices to top NIS 8 per liter

'Morally bankrupt': Biden humiliated by Saudi Arabia

The US President continues blaming Russia for rising gas prices, while he, himself, is on a campaign to sabotage the industry.

'Morally bankrupt': Biden humiliated by Saudi Arabia player

Government mulling plan to curb fuel prices

Ministers of Finance and Energy seeking to change formula by which the gasoline prices are calculated.

Government mulling plan to curb fuel prices

Iran considering exporting gas to Europe

The move comes amid soaring energy prices due to Russia's war in Ukraine.

Iran considering exporting gas to Europe

Biden considering ‘drastic action’ to lower gas prices

Plan would see release of 1 million barrels of oil from strategic reserve per day for 180 days, the largest release in history.

Biden considering ‘drastic action’ to lower gas prices

CBS News to Americans: Save gas by driving slower

CBS told Americans to save by driving slower, reducing wind resistance, and limiting AC use despite record high prices on gas.

CBS News to Americans: Save gas by driving slowerplayer

US energy secretary laughs at question about high gas prices: 'That is hilarious'

U.S. Energy Secretary Jennifer Granholm laughed at a question regarding lack of domestic oil production, stating, “That is hilarious.”

US energy sec laughs at gas price question: 'That is hilarious'

Gas prices to jump 6 agorot on Sunday night

Gas prices jump 1.01% at midnight, costing consumers an extra 6 agorot per liter of gas.

Gas prices to jump 6 agorot on Sunday night

'Iran Effect?' Gas Prices Set to Tumble in August

The Iran nuclear deal may be bad from a security point of view, but it's apparently good for oil prices

'Iran Effect?' Gas Prices Set to Tumble in August

PA Report: Gaza 'Fat Cats' Drive Up Price of Gas

A Hamas publication discussed the high price of gas and points the finger of blame at local gas companies.

PA Report: Gaza  'Fat Cats' Driving Up Price of Gas

Analysts: Gas Price Hike Could Sway Election

Israelis usually don't think about gas price hikes - but two weeks before election, it may become an important issue.

Analysts: Gas Price Hike Could be Election's 'Dark Horse'

Could Gas Price Jump Affect Elections?

After four straight months of falling gasoline prices, the party appears to be over for Israeli drivers. Will it affect how they vote?

Could Gas Price Jump Two Weeks Before Election Affect Results?

Gas Prices Drop to Lowest in Five Years

At midnight self-service Benzene 95 prices are to drop over half a shekel from last month, as prices reach their lowest in five years.

Gas Prices Drop to Lowest in Five Years

Syria Crisis Turning into a Gas Crisis for Drivers

Israelis are keeping calm in the wake of Syrian attack threats, but they may panic Saturday night when they see the new price of gas

Not Much Panic Over Syria, But Gas Price Could Change That

Israelis to be Hit With Wave of Rising Prices

Israel's largest supermarket chain, Shufersal, announced Wednesday that it was raising prices across the board on thousands of products

Israelis to be Hit With Wave of Rising Prices

Egypt Offers Gas – At Higher Rates

An Egyptian minister said Cairo would be happy to sell Israel gas again, if Jerusalem agreed to a rate hike.

Egypt Offers Gas – At Higher Rates

Sinai Pipeline Attack #14

Attacking the Sinai gas pipeline is now a much-loved custom among local terrorists; attack tally for the past year is 14.

Sinai Pipeline Attack #14

Electricity Rates to Jump 20%

IEC officials have asked Israel's government for an immediate solution to the stoppage of gas from Egypt; a 20% rate hike to hit consumers.

Consumers Brace for Rate Hikes as IEC Asks Gov't for Help

Arabi Wants Accords Amended

Egyptian foreign Minister Nabil al-Arabi wants Egypt's 1979 peace accord with Israel altered; makes a second run at hiking gas prices.

Egypt's Arabi Wants Camp David Accords Amended