Category markets

Gasoline Up 34% and Heating Oil Up 74% as Voters Head to the Midterms

As American voters head to the midterm polls, surging energy costs are weighing heavily on their minds and wallets. National averages show gasoline prices have spiked by 34 percent, while home heating oil has skyrocketed by a staggering 74 percent compared to previous periods. These steep increases are driven by a combination of tight global supplies, fluctuating production, and rising geopolitical tensions. With winter approaching and everyday expenses climbing, the financial strain of these utility and fuel hikes has become a central and contentious issue in the ongoing elections.

ExxonMobil Profits Double to $15.4 Billion

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U.S. Oil, Gas Drillers Still on Hold

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