Oil

Republican senators led by Sen. Jim Risch are demanding the Biden administration account for the number of jobs killed by the Keystone XL Pipeline cancellation.

Former President Trump warned of “massive inflation” on Monday and added that U.S. energy independence is “gone” under President Biden.

West Texas Intermediate crude oil hit $70 a barrel for the first time in two and a half years as traders balanced the reopening of the global economy and OPEC’s recent decision on production.

EXCLUSIVE: Alaska Gov. Mike Dunleavy says President Biden’s decision to suspend oil and gas leases in the Arctic National Wildlife Refuge doesn’t make sense and will only weaken America.

EXCLUSIVE: The oil and gas industry launched a new ad campaign Thursday against North Face to shine a light on the outdoor apparel company's "crazy hypocrisy."

Exxon Mobil Corp shareholders elected a third director nominated by hedge fund Engine No. 1 to the oil company's board, the company said on Wednesday, extending the firm's upset victory at one of America's top energy corporations.

President Biden on Tuesday suspended oil drilling leases in the Arctic National Wildlife Refuge, the latest move in a series of sweeping policy changes to how the U.S. approaches the oil industry.

The OPEC oil cartel and allied producing countries plan to restore 2.1 million barrels per day of crude production, balancing fears that COVID-19 outbreaks in some countries will sap demand against surging energy needs in recovering economies.

The Biden administration suspended oil and gas drilling leases within Alaska’s Arctic National Wildlife Refuge pending the outcome of an environmental impact review, officials said on Tuesday.

Eurozone inflation rose to 2% in May, driven higher by rising oil prices as other inflationary pressures appeared to remain subdued.

On Sunday, demand jumped nearly 7% compared to a week ago, according to new data from GasBuddy.

According to AAA, California, Hawaii, Nevada, Washington state, Oregon, Utah, Alaska, Illinois, Idaho, and Washington, D.C. currently rank as the top 10 areas with the highest average regular gas prices, ranging between $3.17 and $4.18 per gallon heading into the holiday weekend.

John Catsimatidis of United Refining Company and Gristedes discusses how gas prices impact many aspects of consumers’ lives.

The Biden administration on Wednesday sought to extend endangered wildlife protections to a population of birds living in the oil-rich Permian basin, potentially setting up obstacles for oil and gas companies.