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☆ Florida's gas stations are running out of fuel and Hurricane Milton could have lasting impacts on the state's supply
▼ + stars: | 2024-10-09 | by ( Kelsey Vlamis | Katherine Tangalakis-Lippert | Dominick Reuter | ) www.businessinsider.com time to read: +4 min

Florida gas stations are running out of fuel ahead of Hurricane Milton's landfall. If the storm damages Port Tampa Bay, it could mean long-term trouble for the gas supply chain. AdvertisementA day before Hurricane Milton was expected to make landfall, gas stations in Florida were already running out of fuel. As of 8 p.m. local time on Tuesday, more than 1 out of 5 gas stations in Florida had no gas, according to data from GasBuddy, which tracks gas prices. But lines at gas stations have been long and gas stations are running out quicker than they otherwise would."

Persons: —, Hurricane Milton, Shon Hiatt, " Hiatt, Ron DeSantis, DeSantis, Christopher Tang, Tang, Hiatt, Patrick DeHaan, DeHaan Organizations: Service, Hurricane, Tampa Bay, Business, Energy, University of Southern California's Marshall School, Port Tampa Bay —, Florida Gov, CNN, National Guard, GasBuddy, Coast Guard Locations: Florida, Tampa Bay, GasBuddy, Milton, Coast, Tampa, Orlando, Central Florida, Port Tampa Bay

☆ Biden has a plan to lower gas prices. It’s filled with caveats
▼ + stars: | 2024-05-24 | by ( Samantha Delouya | ) edition.cnn.com time to read: +4 min

Road trips, in particular, are expected to set a record, which could send gas prices higher. But, just as a US president cannot solely take the blame for surging oil prices, nor can he or she, in most cases, be entirely credited for steadying prices. “This is a non-starter and won’t do much to lower gas prices,” GasBuddy’s Patrick DeHaan said. In the wake of Russia’s invasion of Ukraine in 2022, Biden attempted to stem rising oil prices by authorizing the release of 180 million barrels of oil in coordination with US allies overseas. Gas prices have remained steady in recent weeks after rising sharply at the end of winter.

Persons: Biden, Jennifer Granholm, –, ” GasBuddy’s Patrick DeHaan, Obama’s, Sandy, Tom Kloza, ”, Kloza, Matt Egan Organizations: CNN, AAA, Federal Aviation Administration, Gasoline Supply, ”, Congress, US Energy Information Administration, US Department of Energy, Oil Price Information Service Locations: New York, Maine, Ukraine

☆ Don't overlook these 3 tax moves that could save you thousands, experts say
▼ + stars: | 2024-04-04 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

It could also mean taking a few minutes to click around the deductions page on your tax software to make sure you're not leaving money on the table. Here are three tax moves that experts say people tend to overlook. If you didn't hit your maximum contribution for 2023, you can retroactively direct funds to those accounts for the 2023 tax year. If you have children or other dependents, for instance, your tax prep software will likely guide you to the Child Tax Credit and the Child and Dependent Care Credit. "You're not going to enter something in wrong and the program's not going to give you the Child Tax Credit.

Persons: Mark Jaeger, Hunt, Jaeger, Ed deHaan, deHaan, de Haan Organizations: Child Tax, Care, American Opportunity, Tax, Stanford Graduate School of Business, Research Locations: TaxAct

☆ These 3 tax rules weren't a big deal last year—now they could cost you thousands, experts say
▼ + stars: | 2024-03-26 | by ( Ryan Ermey | ) www.cnbc.com time to read: +4 min

Some forms that may not have been on your radar last year could drastically raise or lower your bill for tax year 2023, experts say. Here are three tax documents you may have forgotten about last year that could be important this tax season. 1099-INT for savings accountsYou always owed federal income tax on interest from savings accounts. Even if you forgot to report a chunk of your interest income, "the main story is not to panic. For 2023, you may receive a Form 1099-MISC or 1099-B from the financial institution you use to trade crypto.

Persons: Ed deHaan, you've, Mark Jaeger, Jaeger, Matt Metras Organizations: Stanford Graduate School of Business, Federal Reserve, IRS, MDM Financial Services, CNBC Locations: TaxAct

☆ Sony teases 2023 film slate, including R-rated 'Kraven The Hunter'
▼ + stars: | 2023-04-25 | by ( Sarah Whitten | ) www.cnbc.com time to read: +4 min

Tom Holland is Spider-Man in the Sony-Marvel film "Spider-Man: No Way Home." LAS VEGAS — CinemaCon kicked off Monday with a major announcement from Sony Pictures — its upcoming "Kraven the Hunter" would mark the first R-rated Marvel film produced by the studio. "F--- yes, it's rated R," said Kraven himself Aaron Taylor-Johnson in a pretaped teaser for the film before Sony showed the first trailer for the profane and bloody action flick. Sony showed 14 minutes of the film — due out June 2 — to CinemaCon audiences, who laughed and cheered for the uniquely animated feature. Sony also showcased a clip from Jennifer Lawrence's upcoming R-rated drama "No Hard Feelings" to raucous applause.

Feb 10 (Reuters) - U.S. diesel prices have dropped this month and could go lower, analysts said, an unexpected swoon that coincided with the start of a British and European Union ban on Russian fuel imports. Lower prices could ease inflation worries that have occupied investors. A relatively warm winter across the United States and Europe and lower commercial trucking activity lowered demand. “This week was supposed to be when diesel prices blew out to the moon, but that’s not close to what happened,” said Bob Yawger, director of energy futures at Mizuho. Diesel demand by truckers fell off at the end of this year as high inflation impacted U.S. demand for goods.

☆ Gasoline is cheaper now than a year ago — and could fall below $3
▼ + stars: | 2022-12-08 | by ( Patti Domm | In | ) www.cnbc.com time to read: +4 min

Gasoline prices are now cheaper across the U.S. than they were a year ago, and the price per gallon could fall below $3 for most Americans by the end of the year. Unleaded gasoline was at a record $5.01 per gallon June 14 and stayed high through the summer and fall. Gas prices fell 15 cents per gallon in the past week and are down from $3.80 a gallon a month ago. Even with OPEC+ reaffirming a 2 million barrel a day production cut this past week, oil prices have still fallen. But for now, gasoline prices are in decline.

☆ Lower gas prices push consumer confidence to highest level since May
▼ + stars: | 2022-08-30 | by ( Martha C. White For Cnn Business | ) edition.cnn.com time to read: +4 min

CNN —Lower gas prices helped consumer confidence bounce back in August, breaking a three-month stretch of worsening sentiment. “Expectations are more sensitive to movements in gas prices,” Shepherdson said in a research note, adding that the continued slide in gas prices could be a tailwind for the survey results. However, while the consumer confidence number is promising, “this is one month,” she cautioned. Consumer confidence is a pretty fickle reading.”The big risk is that what the gas pump giveth, the gas pump taketh away, as Patrick DeHaan, head of petroleum analysis at GasBuddy, told CNN Business in an opinion column published Tuesday. “It is a real drain on disposable income [and] it ends up acting as a depressant on consumer confidence,” Stovall said.

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