Russia blames Western sanctions for pipeline shutdown, while Ukraine accuses the Kremlin of energy 'blackmail'
Russia claimed Monday that Western sanctions have prevented Gazprom from doing necessary maintenance on Nord Stream 1, which carries natural gas to Germany.
French President Macron pleads for 10% reduction in energy usage
French President Emmanuel Macron asked the country to reduce its energy usage by 10% in the coming weeks and months in order to limit issues in the midst of winter.
OPEC+ cuts global oil supplies, reversing September increase
OPEC+ announced a plan to cut supplies to the global economy by 100,000 barrels per day next month, which reverses their September increase by the same amount.
Heating oil states will be paying '$5 per gallon or more' this winter: Energy expert
OPIS Global Head of Energy Analysis Tom Kloza says gas and oil prices depend on how Vladimir Putin 'pushes various buttons.'
G7 Russian oil price cap one of 'most powerful' tools to fight inflation, Yellen says
Treasury Secretary Janet Yellen said Friday that the G7's new plan to cap the price of Russian oil will serve as a "powerful tool" to fight inflation.
Democrats’ phony victory lap at the pump leaves gas prices punishingly high
Democrats don't deserve their victory lap at the pump because their failed energy policies have kept gas prices 60% higher than when Biden took office.
G7 unveils plan to cap price of Russian oil in global markets
The announcement did not include the level at which the price cap would be set, but G7 ministers said they would discuss details with international partners.
US should brace for 'tough times ahead' this winter: Rep. Westerman
Rep. Bruce Westerman, R-Ark., says Americans want a secure and prosperous future, and that food and fuel prices have the 'greatest impact' on low or fixed income families.
Top Russian oil executive found dead after falling from window
The board chair of Russia's largest private oil company, Lukoil, has died. Russian news agencies reported Ravil Maganov fell from a hospital window in what may have been a suicide.
Oil workers slam Biden's student loan handout: 'Trying to buy votes'
Oil industry workers slammed President Biden over his student loan handout, arguing the program unfairly forced the working class to fund higher education degrees.
Maine supreme court breathes new life into power project
Maine's supreme court ruled that a statewide vote to cancel a proposed hydroelectric project is unconstitutional. The project's future is still uncertain.
Biden admin races to stave off another gas price disaster with oil price cap negotiations
The Biden administration, led by Treasury Secretary Janet Yellen, is continuing to privately negotiate a potential price cap on Russian oil to avoid skyrocketing energy costs.
Musk touts oil, no repeat of 2008 housing crisis and more: Tuesday's 5 things to know
Tesla CEO Elon Musk calls for more drilling and exploration of fossil fuels for the immediate future as diesel and heating oil supplies are dangerously low in parts of the U.S.
More states follow California's lead on gas car ban
Florida Rep. Carlos Gimenez explains what he believes is the solution to America's energy crisis on 'The Evening Edit.'
Diesel and heating fuel supplies dangerously low
Diesel and heating oil inventories are dangerously low in the Northeast, prompting concerns as winter approaches and people begin
Elon Musk says 'civilization will crumble' unless we continue using oil and gas in the short term
Tesla CEO Elon Musk warned at a conference in Norway on Monday that "civilization will crumble" unless oil and gas is relied on in the short term.
Biden’s energy secretary showed ‘utter lack of understanding’ about oil market: Expert
The Schork Group co-founder and principal Stephen Schork argues that halting US exports of oil will create "logistical nightmares" and "do nothing" to lower prices at the pump.
Market expert on future of energy: Elon Musk ‘gets it,’ Sec. Granholm does not
The Schork Group co-founder and principal Stephen Schork agrees with Tesla CEO Elon Musk that the world still needs oil and gas.
Biden telling oil producers to stop exports will ‘create logistical nightmares, deprive other markets’: Expert
The Schork Group co-founder and principal Stephen Schork says if the Biden administration wants to relieve gas shortages in local markets, it should rescind the Jones Act.
Energy company reaches oil spill settlement with businesses near Huntington, California
Amplify Energy reached a settlement with nearby businesses after its pipeline spilled oil near Huntington Beach, California, in October 2021. The settlement will include monetary relief for the affected businesses.