Gas hits $7 in Virginia

Drivers were shocked when they got to the pump at a gas station in Virginia.

Gas prices jump 25 cents in two weeks

The price spike is partly because of the power outages that caused several Texas refineries to shut down or reduce operations last month and surging prices on credits for a renewable fuel. The highest average price in the nation is $3.86 a gallon in the San Francisco Bay Area. The lowest average is $2.48 in Baton Rouge, Louisiana.

Senator seeks probe of natural gas price spikes during storm

A Democratic senator is calling for federal investigations into possible price gouging of natural gas in the Midwest and other regions following severe winter storms that plunged Texas and other states into a deep freeze that caused power outages in millions of homes and businesses.