Oil

Energy Secretary Jennifer Granholm on Tuesday admitted that she did not know how many barrels of oil the U.S. consumes per day ahead of the release of 50 million barrels of oil from the U.S. Strategic Petroleum Reserve

'Kudlow' host urges President Biden to produce oil in America.

President Biden’s move to tap the U.S. Strategic Petroleum Reserve is expected to supply China and India oil needs as gas demands have led to global shortages, reports said Tuesday.

Ranking Member on the Senate Energy Committee Sen. John Barrasso said Tuesday that President Biden’s decision to tap into U.S. oil reserves was no “substitute” for addressing gas shortages.

For the greater part of my life, I’ve watched my father, husband, and son work tirelessly on pipelines across our nation – creating conduits for safe, reliable, and environmentally-conscious energy transport.

Oil prices ticked higher as the market doubts President Biden's move to tap strategic petroleum reserves.

A number of critics, including the U.S. Chamber of Commerce and former President Trump, opposed President Biden’s decision to tap into the Department of Energy’s Strategic Petroleum Reserve, slamming the Biden administration for “ineffectual band aids” that will not replace domestic production.

A decade-old interstate carbon tax concept may be as good as dead now as governors from Connecticut, Massachusetts and Rhode Island withdrew, leaving no states fully committed.

President Biden said the Department of Energy will release 50 million barrels of oil held in the U.S. Strategic Petroleum Reserve, as gas prices spike.

Why tapping strategic petroleum reserves would be a band-aid, not a long-term solution.

Oil prices are getting slammed with downward volatility on renewed COVID-19 fears.