Gas prices are rising faster than usual this year. WSJ’s David Uberti breaks down what’s behind the rise and how it interferes with the Federal Reserve’s goal of bringing down inflation. Photo illustr

Gas customers on the Isle of Man are not likely to see price rises this summer, the regulator has said. The Communications and Utilities Regulatory Authority will be carrying out its mid-term review for 2024 next month.

Gas prices in the Golden State could increase by nearly another 50 cents per gallon to align with California’s ambitious climate goals.

California consumers may face another spike in gas prices, following a report released in September 2023 by the California Air Resources Board (CARB). The report detailed the state’s initiative to reduce aggressive emissions,

California’s already high gas prices could see an additional spike of almost 50 cents a gallon under a little-known proposal aimed at meeting the state’s aggressive emission reduction goal.

CARB's emissions program forecasts a potential 50-cent rise in gas prices within two years, aiming for yearly increases to promote clean air.

Gas prices could rise yet again throughout California, thanks to a little-known proposal that a regulating body in the state is looking to potentially pass. California has long been considered a state with incredibly high gas prices.

Senator Janet Nguyen from California expressed her concerns, highlighting the financial strain this would cause: "The middle class, the low income, they can't afford gas to go to school, work or grocery or the doctor's office.