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Tag Archives: gas prices

Md. business allies split over gas tax (access required)

Maryland’s business groups have dug in opposing sides of the gas tax debate, prompting early sniping between advocates that are most often allies. Transportation funding has emerged as one of the top issues for the General Assembly, one that could ...

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Metro GM says budget deficit shrinks by $6 million

WASHINGTON — Metro General Manager Richard Sarles says the transit agency’s budget deficit is expected to be $6 million less than originally projected. The amount was originally projected to be $72 million, but it is now forecast at $66 million. ...

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Higher energy prices push wholesale prices higher

WASHINGTON — More expensive gas pushed U.S. wholesale prices higher last month, although pricier cars and furniture also contributed to increase. The Producer Price Index, which measures price changes before they reach the consumer, rose 0.7 percent in March, the ...

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Fed sees improving economy, but high gas prices a concern

WASHINGTON — The U.S. economy improved in every region of the country this spring, but higher oil prices remain a concern, according to a survey released Wednesday by the Federal Reserve. Factories were busier, consumers spent more and companies boosted ...

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Slow start to spring projected for retailers

NEW YORK — A late Easter, lingering cold weather and rising gas prices are squeezing discretionary spending this spring, according to data being released Wednesday. Figures from MasterCard Advisors’ SpendingPulse show sales growth slowed in some categories last month. But ...

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Obama to detail US energy security strategy

WASHINGTON — Facing pressure to curb rising gasoline prices, President Barack Obama is calling for the U.S. to reduce its oil imports by one third by 2025, a lofty goal likely to run into significant obstacles. The White House said ...

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Consumer Confidence Index falls for 1st time in 5 months

Rising prices at the gas pump and in grocery aisles are starting to crimp shoppers’ outlook. The Conference Board’s Consumer Confidence Index fell sharply from a three-year high in February, reversing five straight months of improvement. The decline raises questions ...

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