Texas, California, NY energy companies say they're prepared to withstand scorching temperatures
The U.S. is facing scorching temperatures, forcing consumers to increase the usage of air conditioning units. Still, grid operators say they are prepared to handle the demand,
Gas demand similar to early days of COVID-19
Gas prices have fallen since mid-June. However, gasoline demand has dropped to levels not seen since the early days of the pandemic, revealing how consumers' habits are changing.
Sen. Kennedy blasts Biden's energy policies in new video: economy doesn't run on 'unicorn urine'
Senator John Kennedy, R-La., roasted President Biden and his energy policies in a new video, remarking that neither his car nor the economy runs on "unicorn urine."
Republican states are planning an all-out assault on woke banks: 'We won’t do business with you'
Republican states are preparing policies seeking to hit back at banks and financial institutions that have pledged to boycott fossil fuel investments as part of their green agenda.
Rep. Donalds blasts Biden admin for causing a recession
Rep. Byron Donalds, R-Fla., argued that the Biden administration has done nothing to help lower gas prices, stressing that oil futures have been pricing in a recession, which he argued is the 'primary driver' behind the drop.
Marsha Blackburn: This climate bill will transfer wealth to China
Tennessee Republican Sen. Marsha Blackburn explains how the climate bill benefits China and weighs in on the state of the U.S. economy on 'Making Money.'
Republican lawmaker aims to force Dem states to allow fracking: 'Threatening America’s energy independence'
Republican Rep. Claudia Tenney introduced legislation Wednesday that would force states with fracking bans to choose between federal funds and fossil fuel production.
Oil expert: OPEC facing tight supplies
The Schork Group principal Stephen Schork discusses the OPEC+ meeting as Saudi Arabia asks to increase oil production.
PayPal surges, Airbnb falls and more: Wednesday's 5 things to know
Investors will be watching shares of PayPal and Airbnb move in different directions as those and a slew of other companies report their quarterly earnings this Wednesday.
Sen. Portman on US-China tension: Not the time for us to be backing down
Sen. Rob Portman, R-Ohio, discusses Pelosi's controversial trip to Taiwan and the climate provisions in the Inflation Reduction Act.
Kentucky's Ascend Elements Inc. to build plant, will create 250 jobs
Ascend Elements Inc. is investing in their Kentucky plant. The company will create 250 full-time jobs with the $310 million investment,
Stuart Varney: Manchin 'caved' on Democrats' spending plan to get West Virginia pipeline
FOX Business' Stuart Varney discusses Sen. Manchin's decision to back the Democrats' spending agenda and the impact it will have on West Virginia residents.
West Virginia treasurer: Inflation bill shoveling more money on the fire
West Virginia Treasurer Riley Moore discusses Sen. Joe Manchin backing the Inflation Reduction Act and why the state is penalizing big banks for 'boycotting' coal.
West Virginia treasurer: Inflation bill shoveling more money on the fire
West Virginia Treasurer Riley Moore discusses Sen. Joe Manchin backing the Inflation Reduction Act and why the state is penalizing big banks for 'boycotting' coal.
Stuart Varney: Manchin 'caved' on Democrats' spending plan to get Mountain Valley Pipeline
FOX Business host Stuart Varney argues there's 'no certainty' that Manchin will get the Mountain Valley Pipeline.
West Virginia treasurer slams banks standing against coal
West Virginia State Treasurer Riley Moore (R) discusses his state's action to fight financial firms who are refusing to back coal companies by shutting them out of the state
Soaring inflation drives more Americans to live paycheck to paycheck despite 5.1% increase in wages
Soaring inflation is driving more Americans to live paycheck-to-paycheck, even larger earners as increased wages can't keep up to the prices of goods at the grocery store and gas pump.
Gas prices will continue to fall below $4: GasBuddy analyst
GasBuddy head of petroleum analysis Patrick De Haan notes that weather events could interfere with that trajectory.
Inflation 'crushing' both the middle class and the poor: Energy expert
The Schork Group principal Stephen Schork argues the U.S. needs a 'balanced approach' towards a green energy shift, warning it should include the 'responsible use of fossil fuels' or else inflation and slow economic growth will continue.
Former oil exec warns recession comes alongside energy crises: 'Gas will exceed $5 again' soon
Former CEO of Cumberland Farms Gulf Oil Group Joe Petrowski forecasted on Monday that "retail gasoline prices will exceed $5" by the end of the summer.