US may ‘already’ be in a recession: Expert
Former White House Council of Economic Advisers Chair Tomas Philipson weighs in on inflation and the risk of a recession.
Oil falls as Saudi Arabia ready to pump more if Russian output sinks: report
Saudi Arabia is reportedly prepared to increase oil production if Russia's output falls substantially under the new sanctions imposed by the European Union.
Sanctioned Russian oligarch's megayacht found in UAE creek
Russian oligarch Andrey Melnichenko's megayacht, Motor Yacht A, was found docked at a United Arab Emirates creek after the billionaire's first yacht was seized in March.
Tennessee college going remote on Fridays to save students gas money
A Tennessee community college will be holding classes virtually on Fridays through August in an effort to save students' from paying exorbitant gas prices.
Gas prices soar past $8 per gallon at California gas station
Gas prices have surpassed $8 per gallon at a gas station in California as the country saw the price of gas hit a new record over the Memorial Day holiday weekend.
Italy imports more Russian oil despite impending embargo
Italy has increased its Russian oil imports following the recent European Union embargo to reduce Russian oil imports by 90% as a punishment for invading Ukraine.
US will see higher gas prices if oil production is not increased: Former energy secretary
Former Energy Secretary Dan Brouillette told FOX Business that if we don’t increase oil production in the U.S., Americans will see higher gas prices.
Increasing oil production in US will ‘moderate’ gas prices: Fmr Energy Sec. Brouillette
Former Energy Secretary Dan Brouillette suggests if we don’t increase oil production in the U.S. Americans will see higher gas prices.
US ‘lacking’ oil production: Fmr Energy Sec. Brouillette
Former Energy Secretary Dan Brouillette argues that since the U.S. is ‘lacking’ in oil production, it’s causing high gas prices.
Consumer spending tapering off ‘problematic’ for the economy: Expert
Mayflower Advisors managing partner Larry Glazer and National Taxpayers EVP Brandon Arnold weigh in on record-high gas prices and inflation.
High gas prices causing 'demand destruction,' expert says
"Demand destruction," when motorists reduce fuel due to high prices, "is happening" just ahead of the busy summer driving season, according to Andy Lipow, president of Lipow Oil Associates.
Inflation has not peaked, oil prices will continue to rise: Energy expert
Oil Associates President Andy Lipow said gas prices could approach $5 a gallon if oil continues to rise following the EU’s decision to ban most Russian imports.
Energy expert on the trajectory for oil, gas prices
Lipow Oil Associates President Andy Lipow forecasts gas prices could hit $5a gallon as oil prices continue to rise.
Higher energy prices are ahead as EU bans most Russian oil imports: Andy Lipow
Lipow Oil Associates President Andy Lipow argues inflation has not yet peaked.
Build Back Better an ‘irredeemable’ political situation: Sen. Kevin Cramer
Sen. Kevin Cramer, R-N.D., discusses Biden’s policies and his upcoming meeting with Fed Chairman Jerome Powell.
Biden’s policies send ‘bad signals’ to investors, markets: Sen. Kevin Cramer
Sen. Kevin Cramer, R-N.D., slams President Biden’s economic policies on ‘Mornings with Maria.’
EU nears Russia oil sanctions agreement, with carve-out for pipelines
A new proposed agreement for sanctions against Russian oil could draw more countries in by allowing an exception for pipelines, but it may be too weak for some.
Gasoline hits record high during Memorial Day weekend
Hitting the road this Memorial Day weekend is expected to be expensive for the more than 39 million people who are expected to be on the move.
Biden's Treasury Department renews Chevron's oil license to operate in Venezuela
Venezuelan oil could soon enter U.S. markets as the U.S. Treasury Department has renewed a license with Chevron to operate in the South American country.
Record high prices threaten Memorial Day plans
Many Americans are hitting the road to celebrate Memorial Day this weekend for the first time in three years, but high prices for travel and food loom this weekend.