Oil

California is nearing a projected $10 billion legislative deal to provide taxpayers with a gas rebate after months of rampant inflation and skyrocketing prices at the pump.

Red Apple Group Chairman and CEO John Catsimatidis joined 'Varney & Co.' to provide insight into how Biden is handling record-high gas prices amid inflation.

OPIS energy analysis global head Tom Kloza joins FOX Business to provide insight into how record gas prices are impacting the U.S. economy and inflation.

Gasoline prices have surged nationwide every time President Joe Biden has announced a new action aimed at blunting such price increases at the pump.

U.S. Secretary of Energy met with oil industry leaders Thursday to discuss ways to bring down record-high fuel prices and expand refining capacities.

Washington Gov. Jay Inslee and Oregon Gov. Kate Brown indicate that they would not pause their states' gas taxes, as President Biden urges Congress to suspend the federal tax.

Rep. Darrell Issa sounded off on President Biden's energy policies, saying that it is "exactly why" the U.S. is experiencing record-high gas prices today.

Germany has entered phase two of a three phase emergency plan as Economic Minister Robert Habeck warns that Russia is intentionally manipulating oil and gas supply as an "attack."

Oil prices fell further on Thursday following a 3% drop in the previous session on concerns higher interest rates will slow the economy and put a dent in fuel demand.

Energy Sec. Granholm advised that projections indicate the gas price will drop to $4.27 a gallon in the third quarter, but global events could raise it again.

U.S. Energy Secretary Jennifer Granholm on Wednesday said the U.S. would be subject to price shocks so long as it continued its reliance on fossil fuels.

President Biden is questioning his Republican critics on whether they would have preferred his administration allow Russian President Vladimir Putin to rule in Ukraine in order to keep gas prices low in the United States.

Biden's gas tax may be a bust, say experts. While prices may come down the drop likely won't be enough to ease pain at the pump for drivers.

President Biden on Tuesday said Chevon CEO Mike Wirth was being "mildly sensitive" when asked to respond to the oil exec's plea to take a different approach.

Chevron CEO & Chairman Mike Wirth on Tuesday urged President Biden to take a different approach to the oil industry to help combat rising fuel prices.

The Bureau of Land Management delayed three oil and gas lease sales for the second time this month to complete environmental reviews and "allow time for protest resolution."

Republican Senate candidate Dr. Mehmet Oz said his first duty in office would be restarting the state's oil industry to tackle "the single biggest driver of inflation."

Netherlands is joining Germany, Austria, and Italy in lifting bans on coal production in a bid to offset the energy crisis provoked by the Ukraine war.

Russia has overtaken Saudi Arabia as the top exporter of crude to China as western buyers continue to shun Russian oil over the invasion of Ukraine.

American Petroleum Institute President & CEO Mike Sommers discusses how President Biden is handling record-high gas prices in America.