OPEC president is open to cutting oil production
Momentum is building among oil producers behind the idea of cutting crude production, with OPEC’s president the latest to back Saudi Arabia’s suggestion.
Texas names 10 companies as boycotters of state's energy industry
Texas Comptroller Glenn Hegar on Wednesday announced the names of several financial firms he deems hostile to the state's fossil fuel industry.
GasBuddy analyst: Keep an eye on surging nat gas prices
Patrick De Haan, head of petroleum analysis at GasBuddy, warns that home heating bills this winter could easily triple, if not quadruple, in cost versus previous years.
Will gas prices continue to drop?
FOX Business' Grady Trimble reports from a gas station in Chicago.
Oil expert warns nat gas prices will soar this winter
Lipow Oil Associates President Andy Lipow argues releasing the Strategic Petroleum Reserve is the only 'concrete action' that the Biden administration has taken to lower prices at the pump.
Australian bank will end loans for new gas and diesel cars in shift to electric vehicles
Bank Australia announced this week that it will stop offering loans for new gas and diesel cars in 2025 as part of the shift to electric vehicles.
How long will gas prices stay down?
U.S. Oil and Gas Association president Tim Stewart analyzes how an oil tax in the Inflation Reduction Act could impact gas prices on 'Maria Bartiromo's Wall Street.'
Biden's oil, gas moratorium dealt potentially fatal blow by federal court
A federal judge struck down the federal oil and gas leasing moratorium Thursday evening, potentially ending the policy President Biden has pursued since taking office.
Former NJ governor calls LIV Golf a 'disgrace,' tells players not to take 'blood money'
New Jersey Gov. Richard Codey says he doesn't want Saudi Arabia to buy 'good public relations' in the U.S. with LIV Golf.
Oil inventories lowest since ’85 bad omen for winter
Inventories of oil, gas, and just about every petroleum-related supply are below where they should be for a healthy and sustainable U.S. economy.
Largest energy industry group warns of Dem inflation bill's impact: 'Going to harm the American consumer'
The largest oil and gas industry group outlined its opposition to Democrats' Inflation Reduction Act, arguing that the bill will lead to higher costs for companies and consumers.
Appeals court revives Biden pause on federal oil, gas leases
The Fifth Circuit Court of Appeals ruled Wednesday that President Biden's pause on federal oil and gas leases can go back into effect, lifting a lower court injunction.
Biden approves largest oil, gas lease sale in US history, steamrolls eco review with inflation bill
President Biden approved a massive Gulf of Mexico fossil fuel lease sale, which his administration chose not to defend in court, when he signed the Inflation Reduction Act on Tuesday.
Gas prices could be on the rise again soon
Florida Rep. Kat Cammack joins 'The Evening Edit' to react to reports from gas experts that Americans may continue to experience pain at the pump.
Here's how experts say Dems' inflation bill will increase energy prices
Americans can expect to pay higher energy prices as a result of Democrats' massive climate and tax spending package, which President Biden signed into law on Tuesday, experts said.
Saudi Aramco profit jumps as oil prices soar
The Saudi state oil company reported soaring profits for the second quarter on the back of higher oil prices and refining margins.
Climate warrior Dems silent on Manchin bill's oil and gas leasing provisions
House Democrats who have been vocal about their opposition to new fossil fuel leasing on federal lands were silent Friday when asked about the Inflation Reduction Act, which boosts oil leases.
S&P 500 on pace for new highs in 2023: Expert
Oppenheimer Head of Technical Analysis Ari Wald breaks down market trends and the price of crude oil.
Energy reps say Dems' spending, tax and climate bill 'bad idea' during recession as House preps final vote
Industry representatives, Sen. Joe Manchin and others are still debating competing claims on how Democrats' spending and tax bill will affect U.S. energy.
Oil output halted at 7 US Gulf platforms on pipeline outage
A pipeline problem halts operations at seven offshore oil platforms in the Gulf of Mexico off the Louisiana coast operated by Shell, Chevron and Equinor and affecting the Mars and Amberjack Pipelines.