Gas prices still rising despite drop in demand
Kevin Slagle, VP of strategic communications at Western States Petroleum Association, weighs in, noting that there are many factors in the world that are impacting gas prices.
Varney: This inflation indicator is flashing a ‘danger signal’
FOX Business' Stuart Varney discusses the rising cost of diesel as economic recession fears grow.
Stuart Varney: This inflation indicator is flashing a ‘danger signal’
FOX Business host Stuart Varney argues diesel is 'a baseline cost for any enterprise.'
Shine has 'come off' very high valuation stocks: Investment expert
The Bahnsen Group founder and managing partner David Bahnsen argues 'valuations are not going to go higher any time soon.'
US suffers decline in natural gas production growth as countries seek Russian alternative
The U.S. is suffering slowed natural gas production growth as several countries look for new energy suppliers after imposing sanctions on Russia following its invasion of Ukraine.
Price of diesel hits all-time high, straining the trucking industry
The price of diesel hit an all-time high in the United States this week as energy markets around the world cope with ongoing disruptions amid Russia's invasion of Ukraine.
EU leans toward Russian oil ban by year's end, diplomats say
The European Union is said to be leaning toward a Russian oil ban by the end of the year.
Berkshire Hathaway boosts bet on oil ahead of shareholder meeting, makes Chevron 4th-largest investment
Berkshire Hathaway has bet big on oil and gas by investing around $40 billion into Occidental and Chevron together.
Democrats blame oil companies for high gas prices
House Speaker Nancy Pelosi, D-Calif., and Senate Majority Leader Chuck Schumer, D-N.Y., said they want legislation to address price gouging and market manipulation. Fox News’ Chad Pergram with more.
European Union likely to approve Russian oil embargo next week: report
European Union countries next week are likely to approve a phased embargo on Russian oil, dealing a significant economic blow to Moscow over its invasion of Ukraine, The New York Times is reporting.
Oil 'takes time' to bring to market: Energy expert
EQT Corporation CEO Toby Rice says Democrats and the Biden administration can do a 'number of things' to help U.S. oil producers bring product to the market even quicker.
Exxon, Chevron earnings surge on high oil, gas prices
ExxonMobil and Chevron saw sales surge during their respective first quarters of 2022 as oil and gas prices soared amid record high inflation and the ongoing conflict between Russia and Ukraine.
Putin has Europe on a ‘rope’: Rep. Markwayne Mullin
Rep. Markwayne Mullin, R-Okla., weighs in on Europe’s dependency on Russian oil.
US crude oil on track for five straight months of gains
Oil prices were trading higher Friday morning as the outlook for demand is still a concern due to China's COVID-19 lockdowns.
National security expert: Biden must revive Trump’s 'energy dominance' to put Putin in his place
Foreign policy expert and former Trump adviser K.T. McFarland says Trump's strategy for global “energy dominance” made Putin too weak to invade Ukraine and it’s not too late for Biden to use the same tactics.
How much could gas cost travelers this summer?
The national average price for a gallon of regular gasoline is expected to creep up in the coming months as consumers head off on their summer vacations.
Germany drops opposition to Russia oil embargo: report
A full European Union ban on Russian oil imports is now possible after Germany this week changed its stance on such an embargo, a report says.
Biden admin ‘empowering Putin’ by shutting down US energy production: Sen. Dan Sullivan
Sen. Dan Sullivan, R-Alaska, weighs in on Biden shutting down domestic energy production.
Pelosi, Schumer target oil companies for gas price spikes
The Democratic leadership in the House and Senate considering legislation to police big oil companies for price gouging as historically high gas costs continue to dog Democrats' midterm chances.
Biden admin trying to get oil from Venezuela, Iran is an economic, national security crisis: Marc Short
Coalition to Protect American Workers executive director Marc Short discusses a new political ad targeted at President Biden.