Oil

Exxon Mobil reversed the losses it suffered last year during the pandemic with a $6.75 billion third quarter profit as demand pushes the price for a barrel of crude past $80 for the first time in years.

House Democrats raked energy CEOs over the coals over for their companies’ past responses to climate change, while the executives insisted they recognize the need for a future with lower carbon emissions.

Big oil CEOs are getting a wrist slap on climate change by members of Congress but what about sky high energy prices?

Gasoline prices are at the highest level since 2014, but House Democrats are focusing on what oil executives said decades ago about global warming.

The average price for a gallon of gasoline in San Francisco is likely to reach an all-time high this week, inching closer to $5 per gallon, according to an industry expert.

Sen. Ted Cruz, R-Texas, argued that President Biden and the Democrats exhibit continued “hypocrisy” with their policies and argued that those pertaining to energy are actually making “the environment worse.”

White House press secretary Jen Psaki said Tuesday that the Biden administration will continue pressuring OPEC members to boost oil production as gas prices reach their highest level in a decade.

Continental Resources Chairman and founder Harold Hamm criticizes the Biden administration for "censuring" the oil industry amid renewable energy transition.

The majority of the nation saw gas prices saw over the last week "as oil’s meteoric rise pulls gasoline and other refined product prices higher," GasBuddy's Patrick De Haan, said.

Economist Stephen Moore discussed his outlook for inflation and energy prices.

Alaska Sen. Dan Sullivan on America’s high gas prices and how President Biden is approaching the issue.

President Biden said during a CNN town hall Thursday night that he doesn’t envision gas prices will go down until 2022.