Why Gas Prices Rise: Oil Markets, OPEC, and the Hidden Tax on American Households
American drivers are paying $4.13 per gallon for regular gasoline as of April 12, 2026 — up 27% from a year ago and the highest since August 2022 — driven primarily by the largest oil supply disruption in modern history.
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A Chinese AI lab with 160 engineers, banned from buying top-tier chips, built a model that matched OpenAI's best — for roughly $5.6 million. That single...
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