Oil

American Petroleum Institute president CEO Mike Sommers weighs in, arguing that a long-term energy strategy is needed. 

Mike Sommers, the American Petroleum Institute president and CEO, argues the U.S. has energy resources that can be developed quickly 'if we get the policies right.' 

Former Chairman of the council of economic advisers Kevin Hassett argues Democrats are 'attacking supply when they should be feeding supply.'

Former Chairman of the council of economic advisers Kevin Hassett argues data from April's consumer price index report shows the Federal Reserve's moves to try and curb soaring inflation are not working.

FOX Business' Cheryl Casone reports on the highly anticipated consumer price index report moments after the Labor Department posted the data. 

Residents of Wilmington, Delaware said they are budgeting more, traveling less, and using mobile apps to combat high gas prices.

Patrick De Haan, head of petroleum analysis at GasBuddy, weighs in after gas prices hit new all-time highs. 

Mack Energy Corp VP of Public and Government Affairs Claire Chase discusses oil prices under Biden's energy policies and the Russia-Ukraine war.

FOX Business' Jeff Flock speaks to Power the Future executive director Daniel Turner on the energy sector's concern that not enough new generation plants are being built to replace old ones.

Joe Petrowski warns a 'severe recession' should be expected in the coming months. 

Joe Petrowski, former CEO of Cumberland Farms Gulf Oil Group, argues that West Texas Intermediate crude futures will trade over $150 a barrel by the end of the summer and the national average for gas will be over $6. 

Canary CEO Dan Eberhart stresses the need for policies that support increased oil supply to alleviate prices at the pump.

'Varney & Co.' host Stuart Varney gives his 'my take' on inflation.