Oil

Transportation Secretary Pete Buttigieg on Monday said the American people stand to benefit from having more electric vehicles on the road but failed to elaborate on how they could become more affordable.

Gas prices across the U.S. reached their highest levels in over a decade Monday as Russia’s invasion of Ukraine compounded problems beset by lingering supply chain issues.

White House press secretary Jen Psaki suggested Monday that the Keystone XL Pipeline, the construction of which President Biden canceled on his first day in office, would not have made a difference in the nation's skyrocketing gas prices.

Exxon Mobil CEO Darren Woods told the CERAWeek energy conference Monday that producers are trying to ramp up production, but that doing so was tough even before the Ukraine crisis.

The latest data from GasBuddy shows the U.S. national average for a gallon of gas has hit a new record high of $4.104.

Forbes Media CEO Steve Forbes outlined the “basic things” President Biden should do to curb inflation.

Climate Enovy John Kerry pushed to speed up green energy transition, didn't address Manchin comments pushing for more domestic energy production.

FOX Business' Stuart Varney discusses the price 'shock' plaguing Americans' wallets as inflation tears through the US

Gristedes & D’Agostino Food Chairman and CEO John Catsimatidis warns of the impact of high oil prices on the consumer and overall inflation on "Mornings with Maria."

Rep. Kevin Brady, R-Texas, on Congress eyeing legislation to sever ties with Russian oil as bipartisan calls to ban imports into the U.S. grows.

Sen. Roger Marshall, R-Kan., argues that affordable energy makes "this economy run" and President Biden has declared an "all-out war" on the entire industry.

The U.S. national average for a gallon of regular unleaded gasoline hit $4.009 on Sunday.

Oil traders believe the ongoing Russian-Ukraine war and its international fallout could drive up prices this month, with some optimistic traders eyeing a price over $200 per barrel.