Biden to sell 26 million barrels more from the Strategic Petroleum Reserve
The Biden administration announced that 26 million barrels of oil will be sold from the Strategic Petroleum Reserve from April through June under a pair of Obama era laws.
Chevron weighs extending CEO Mike Wirth past mandatory retirement age
Mike Wirth is in his fifth year as chief executive of Chevron. High oil and natural-gas prices lifted Chevron’s annual profit last year to a record $35.5 billion.
West coast pipeline leak near Los Angeles has halted gasoline deliveries in several states
A pipeline leak near Los Angeles has shutdown deliveries of gasoline to some California cities and states including Nevada and Arizona
DeSantis ridicules Biden's off script oil and gas comments at State of the Union, slams energy policy
Florida Gov. Ron DeSantis mocked President Biden's statement at the State of the Union address Tuesday that the U.S. needs oil and gas production for the next decade.
Gas prices dip as economy recovers: AAA
Oil prices fell this week, according to a report by the AAA, but auto insurance remains high. Here’s how to lower your overall auto payments.
California Gov. Newsom asks federal government to investigate high natural gas prices
California Gov. Gavin Newsom asked the Federal Energy Regulatory Commission on Monday to investigate unusually high natural gas prices in recent months.
Gas prices expected to continue to ease in near term: AAA
Gas prices are still higher than they were a year ago but they have been easing modestly. AAA spokesperson Andrew Gross said prices have steadily fallen every day over the past week,
Shell posts highest profits in company history as oil, gas prices remain high following Ukraine invasion
Shell Global, along with ExxonMobil and Chevron, have announced profits in excess of double their FY 2021 totals thanks to high gas prices after sanctions on Russia.
Exxon’s record profits irk White House in energy blame game
Exxon Mobile’s whopping earnings in 2022 irk White House, which called the report "particularly galling" as Americans spent more for gas prices.
Electric vehicles more expensive to fuel than gas-powered cars at end of 2022: consulting firm
It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.
House to vote on bill offsetting Biden's SPR drawdown with more oil and gas production
The House will vote Friday on the Strategic Production Response Act, which would boost U.S. oil and gas production in response to drawdowns of the Strategic Petroleum Reserve.
US plant outages send oil refining margins to 3-month high
Refining margins are on the rise as more plants undergo outages due to accidents or delayed maintenance due to the pandemic.
Oil expert rips Biden's weaponization of Strategic Petroleum Reserve as 'blasphemy': 'Disaster for America'
Canary CEO Dan Eberhart addressed the rise in U.S. oil and gas prices and explains how Biden's energy policies are hurting American consumers.
Gas prices rise on strong demand, higher oil prices
Gas prices rose 14 cents over the past week
Biden would veto House GOP bill restricting president's ability to draw from strategic petroleum reserve
President Biden would veto a bill being pushed by House Republicans that would limit his ability to draw from the Strategic Petroleum Reserve, the White House said Monday.
American Gas Association fires back on potential gas stove ban: 'Not substantiated by sound science'
The American Gas Association pushed back against a potential gas ban calling the removal of the appliance "reckless" and "not substantiated by sound science."
Natural gas prices ‘sporadic and may begin toppling’
The price of natural gas has been turbulent since the early days of the pandemic, but a recent shift in winter weather could steady the energy sector
S&P energy sector’s record 2022 performance ‘built on downfall of others’
The S&P 500’s energy sector was boosted by rising oil prices as other sectors suffered amid inflation and weakened economy
Finland gets floating LNG terminal to replace Russian gas
As Finland looks to distance itself from Russia and join NATO, it sees energy security as an important step and LNG capacity is crucial to independence.
Gas prices could rise back to $4 per gallon as early as May 2023, Gasbuddy says
A new projection from GasBuddy suggests that gas prices will decrease next year after record highs in 2022, but they could still hit $4 per gallon by May.

















