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Gas prices are providing some relief after hitting their March peak
CBSN
Motorists are feeling less pain at the pump amid a slide in gas prices from their record highs in March. With the U.S. and other nations unleashing more oil from emergency supplies, it's possible that the per-gallon price could continue its decline, experts say.
After hitting a record $4.33 on March 11, the national average for a gallon of gasoline has been on a steady slide, falling to $4.14 as of Friday, the lowest in more than a month, according to AAA.
Gas prices could be heading to below $4 a gallon nationally, possibly in the next week or two, tweeted Patrick De Haan, oil and gas analyst at GasBuddy.
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More employees of the Environmental Protection Agency were informed Wednesday that their jobs appear in doubt. Senior leadership at the EPA held an all-staff meeting to tell individuals that President Trump's executive order, "Ending Radical and Wasteful Government DEI Programs and Preferencing," which was responsible for the closure of the agency's Diversity, Equity, and Inclusion office, will likely lead to the shuttering of the Office of Environmental Justice and External Civil Rights as well.
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In her first hours as attorney general, Pam Bondi issued a broad slate of directives that included a Justice Department review of the prosecutions of President Trump, a reorientation of department work to focus on harsher punishments, actions punishing so-called "sanctuary" cities and an end to diversity initiatives at the department.
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The quick-fire volley of tariffs between the U.S. and China in recent days has heightened global fears of a new trade war between the world's two largest economies. Yet while experts think the battle is likely to escalate, they also say the early skirmishes offer hope for an agreement on trade and other key issues that could head off a larger conflict.