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Legislation designed to enhance market transparency and direct the Federal Trade Commission to prevent fraud or manipulation linked to inflating gasoline prices was approved by a Senate panel.

U.S. gasoline demand — which earlier was expected to hold strong this summer despite soaring prices — is starting to show signs of cracks.

Los Angeles drivers know they pay more for gasoline than the average U.S. driver: It’s the price for cleaner air in a state that’s made being green part of its DNA.

When industry pays more for diesel, it passes along the higher cost to customers and the financial pain ripples through the economy, driving inflation and squeezing everyday consumers. The only way out may be a painful one.

The national average price of diesel dipped for the second week in a row, down this week by 4.2 cents to $5.571 a gallon from $5.613, the Energy Information Administration reported May 23.

Transportation groups expressed general support for the goal of reducing nitrogen oxides emissions in comments filed with federal regulators regarding a proposal to set stricter NOx limits for trucks, but cautioned against an overly aggressive approach that could be harmful to motor carriers’ operations and ability to serve the public.

Legislation that aims to expand federal provisions against price gouging in the marketplace for gasoline and other fuels passed in the U.S. House of Representatives on May 19.

Gasoline prices in the U.S. have hit fresh peaks for the past 10 days, the longest run of consecutive records just as travel is expected to approach levels seen before the pandemic, according to auto club AAA.

With record-high diesel and gasoline prices across the country, oil industry analysts told Transport Topics the runaway energy market isn’t being caused exclusively by higher crude prices or the U.S. economy driving demand for petroleum products.