Energy in America

Biden plans to tap US oil reserve

Marc Short, former Chief of Staff to VP Pence, shares his take on Biden's plan to release oil from the Strategic Oil Reserve and the climate agenda outlined in the president's latest budget. 

Oil trades higher as inventory falls sharply

Oil prices were back on the rise Wednesday morning as traders monitor progress in negotiations between Russia and Ukraine and as supply remains tight -- data showed U.S. crude stocks fell sharply last week.