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U.S. airline stocks climbed as the carriers said they will trim flying to remain on track toward profits even as fuel prices soar.

The national average price of diesel recorded its second dramatic spike in as many weeks, this time 40.1 cents to reach $5.25 a gallon, according to Energy Information Administration data released March 14.

House Democrats are asking the U.S. Postal Service’s inspector general to investigate the agency’s decision to replace its mail-truck fleet with almost all gasoline-powered models, a move that paved the way for a contract with Wisconsin military truck maker Oshkosh Corp. worth as much as $6 billion.

The war in Ukraine has touched off a feud between the White House and U.S. oil industry as many companies reap record profits from rising prices despite pumping less crude than before the pandemic, leaving American consumers beset by surging gasoline costs.

Gasoline soaring above $4 a gallon this month has inspired comparisons to 2008, when pump prices sapped demand for fuel-guzzling SUVs and helped push Detroit’s automotive behemoths into bankruptcy.

Traders are snapping up ships to haul millions of barrels of diesel westward from Asia and the Middle East as oil supply chains react to Russia’s invasion of Ukraine.

American Trucking Associations, in a letter sent to the White House, is urging the Biden administration to expand domestic oil and natural gas production.

Last week, for what seemed like the zillionth time, lawmakers introduced a bill to end New Jersey’s status as the only state that prohibits motorists statewide from filling their own tanks. A Rutgers-Eagleton poll found that 73% of residents prefer to have an attendant do it for them, while 22% said otherwise.

WASHINGTON — The Biden administration is restoring California’s authority to set its own tailpipe pollution standards for cars, reversing a Trump administration policy and likely ushering in stricter emissions standards for new passenger vehicles nationwide.

Governors from California to New York are proposing tax cuts, rebates and other forms of relief to drivers paying more than $4 a gallon to fill their gasoline tanks amid Russia’s war with Ukraine.