Billionaire Harold Hamm slams Biden's 'ridiculous' energy policies
Continental Resources Chairman and founder Harold Hamm weighs in as gas prices soar to fresh records.
Gas prices could soon reach $4.75, expert says
Prices have steadily risen in recent weeks as the busy travel season nears.
Biden admin's 'failed policies on energy are not working': Harold Hamm
Continental Resources Chairman and founder Harold Hamm details what he believes is behind the record prices Americans are facing at the pump.
David McCormick blames Biden for high gas prices, holding 'unbelievably bountiful' Pennsylvanian energy back
David McCormick, a George W. Bush administration alum and former CEO running for U.S. Senate in Pennsylvania, slammed President Biden's "war on energy" for record-high gas prices, contesting Biden's strategy of blaming Russian President Vladimir Putin.
Democratic inflation fix bill is flawed
The Democrats believe they can control inflation with a bill dubbed the 'Consumer Fuel Price Gouging Prevention Act' being rolled out in the coming week.
Saudi oil giant Aramco's first-quarter profits surge 80%
Oil giant Saudi Aramco said Sunday its profits soared more than 80% in the first three months of the year, as the state-backed company cashes in on the volatility in global energy markets and surging oil prices following Russia’s invasion of Ukraine.
National gas price average hits new high on Sunday at $4.47 per gallon
The national average gas price hit a record high Sunday, now at $4.47.
$230M settlement reached over 2015 California oil spill
The owner of an oil pipeline that spewed thousands of barrels of crude oil onto Southern California beaches in 2015 has agreed to pay $230 million to settle a class-action lawsuit brought by fishermen and property owners, court documents show.
Policy uncertainty facing the oil industry: Western States Petroleum Association VP
Western States Petroleum Association VP Kevin Slagle discusses the jump in oil prices and the Biden administration canceling drilling sales in Alaska and the Gulf of Mexico.
Buffett's Berkshire Hathaway buys even more Occidental shares
Warren Buffett's Berkshire Hathaway has developed a taste for oil, specifically shares of Occidental Petroleum.
Rep. Khanna on US inflation: This is not theoretical
Rep. Ro Khanna, D-Calif., on inflation ripping through the country, government intervention to lower skyrocketing prices and the pressure on oil companies to provide relief to consumers.
Biden’s policies have ‘empowered’ OPEC: Sen. Roger Marshall
Sen. Roger Marshall, R-Kan., discusses OPEC cutting forecast for 2022 oil-demand growth.
Biden admin cancels massive oil and gas lease sale amid record-high gas prices
The Biden administration canceled one of the most high-profile oil and gas lease sales pending before the Department of the Interior Wednesday, as Americans face record-high prices at the pump, according to AAA.
What's needed to lower gas prices?
American Petroleum Institute president CEO Mike Sommers weighs in, arguing that a long-term energy strategy is needed.
US gas prices could surge to $4.50 a gallon, expert says
Gas prices hit another record Wednesday, but one expert projects things could get even worse for U.S. motorists.
Long-term energy strategy needed in US: American Petroleum Institute CEO
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 White House economist warns a 'rout in markets' is on the way
Former Chairman of the council of economic advisers Kevin Hassett argues Democrats are 'attacking supply when they should be feeding supply.'
No sign inflation is slowing down: Former White House economist
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.
Inflation for April hotter than expected
FOX Business' Cheryl Casone reports on the highly anticipated consumer price index report moments after the Labor Department posted the data.
Oil prices react to looming EU ban on Russian oil
Oil traded higher Wednesday morning, resuming an upward move following a 9% drop over the previous two sessions.