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AAA national average gas price soars about 33 cents in a week - Fox Business

02 May 2026
3 minute min
Andrei Miroslavescu
The AAA national average price for regular gas soared more than nine cents higher in one day, surging from $4.30 as of Thursday to $4.392 as of Friday. The current figure is a whopping $0.333 higher than the week-ago average price of $4.059, according to AAA. The year-ago average for regular gas was just $3.187. However, the highest recorded AAA national average regular gas price was $5.016 on June 14, 2022, which was during President Joe Biden's White House tenure. GAS PRICES SOAR TO HIGHEST POINT SO FAR DURING UNSETTLED CONFLICT WITH IRAN Fox News Digital reached out to the White House for comment on Friday. The U.S. conflict with Iran remains unresolved, and the Trump administration has been enforcing a blockade on Iranian ports. Oil prices are currently elevated. Brent Crude international futures were over $111 a barrel and West Texas Intermediate U.S. futures over $105 per barrel during early trading, Barron's reported on Friday morning. US SHRIMPERS FACE ‘DOUBLE WHAMMY’ FROM SOARING FUEL COSTS, TARIFF REFUNDS "Right now there are 41 tankers with 69 million barrels of oil that the Iranian regime can't sell. That's an estimated $6 billion-plus from which Iran’s leadership cannot financially benefit. The blockade is highly effective and U.S. forces remain fully committed to total enforcement," U.S. Central Command Commander Adm. Brad Cooper declared in a statement issued on Wednesday. "Minnesotans are paying the price for this administration’s war with Iran as gas prices rise and squeeze families, small businesses, and farmers across our state," U.S. Sen. Amy Klobuchar, D-Minn., who is running for governor, declared in a Thursday post on X. Democratic Sen. Mark Kelly of Arizona declared in a Thursday post on X, "The Trump Administration's war in Iran is driving up gas prices and sending summer travel costs through the roof. I’m focused on lowering costs and putting money back in Americans’ pockets so that taking your family on a road trip doesn’t break the bank." US ECONOMIC GROWTH BOUNCES BACK, AS AI BUILDOUT AND CONSUMER SPENDING FUEL FIRST QUARTER
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Economie

Jeff Bezos says low earners in the US should pay zero tax - Business Insider

Jeff Bezos, the founder of Amazon and the fourth-richest man in the world, says low earners in the US should pay no tax."1% of taxpayers pay 40% of all the tax revenue; the bottom half pay only 3%. I think it should be zero," Bezos said in an interview with CNBC on Wednesday."There's something very powerful about zero."During the interview, Bezos repeatedly criticized taxation on lower-income workers, using the example of a "nurse in Queens earning $75,000."Speaking from his Blue Origin rocket facility in Florida, Bezos said the US in 2026 is a "tale of two economies.""You have a bunch of people in this country who are doing really well, but you also have a bunch of people in this country who are struggling," Bezos said.He was nodding to the current K-shaped economy: many wealthy Americans have benefited from a prolonged stock-market boom and surging real estate prices in recent years, while others have been squeezed by stubborn inflation, onerous interest rates, and an affordability crisis."Some people talk about making the tax system more progressive," Bezos said.

Economie

Elon Musk said Sam Altman "stole" a non-profit — but the trial showed he had similar aims - TechCrunch

The jury’s speedy decision to reject Elon Musk’s lawsuit against the other founders of OpenAI and Microsoft confirmed what we saw in the courtroom: Musk’s case was a weak one, in part because he waited so long to file it. Watching the closing arguments last week, OpenAI’s attorneys detailed point by point how the law was on their client’s side, while the plaintiff’s team focused on Sam Altman’s apparent lack of credibility and expressed disbelief that anyone would disagree with Musk’s accusations.

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