There are a lot of variables that make predicting energy demand in 2023 difficult, including rising interest rates, inflation and potential COVID flare-ups.

You can count taxes and subsidies among the reasons.

“Crack spreads” are higher than ever. But investors aren’t interested in dumping money into fossil fuel expansion.

“Gasoline prices and diesel prices are going to be very high through the summer, potentially higher than they are today,” says Bloomberg’s Javier Blas.

Still, many people told Gallup that they believe higher gas prices are temporary.

The war in Ukraine is forcing the U.S. to reconsider its dependence on oil.

They helped push up retail sales in March, but they’re already coming back down.

It’ll take more than political policy to lower prices.

Levies average 37 cents a gallon nationwide. Three states have made the move and more may join them, but it might not provide enough relief.

A survey found more than half of drivers have either reduced their hours or quit in response to rising fuel costs.