Energy in America

White House snubbed by OPEC, exploring options

The White House is exploring its options after OPEC+, a group of the world’s largest energy producers, moved ahead with planned production increases, ignoring President Biden’s plea to pump out more oil.

Democrats' policies will lead to repeat of 'Europe's energy crisis,' Barrasso report warns

Sen. John Barrasso, R-Wyo., the ranking member of the Senate Energy and Natural Resources Committee, released an “investigative report" looking at “how Europe’s energy crisis serves as a dire warning to the United States if Democrats enact President Biden’s budget blowout," according to a press release exclusively obtained by FOX Business.

Oil prices fall as data shows big build in US inventory

Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in the United States, the world's largest oil consumer, and as pressure mounted on OPEC to increase supply.

FirstEnergy agrees to $306M refund to Ohio customers

Akron-based FirstEnergy Corp., one of the largest public utility holding companies in the U.S, announced Monday it had reached a settlement with the Ohio Consumers' Counsel and other groups to refund its Ohio customers and lower their rates by a total of $306 million for having collected significantly excessive profits.