Residents from Biden's home state sound off on gas prices as inflation rages on
Residents of Wilmington, Delaware said they are budgeting more, traveling less, and using mobile apps to combat high gas prices.
Occidental Petroleum posts quarterly profit as oil rises
It was a strong first quarter for Occidental Petroleum as higher oil prices helped the company post a profit.
Delaware residents decry high gas prices, compare Biden to Carter
Residents of Wilmington, Delaware said they are budgeting more, traveling less, and using mobile apps to combat high gas prices.
Price spikes at the pump could 'fizzle out' after a few days: GasBuddy analyst
Patrick De Haan, head of petroleum analysis at GasBuddy, weighs in after gas prices hit new all-time highs.
Energy expert: Oil is a slow-reacting commodity
Mack Energy Corp VP of Public and Government Affairs Claire Chase discusses oil prices under Biden's energy policies and the Russia-Ukraine war.
States closing 'too many' coal, nuclear plants amid summer electricity blackouts
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.
Former oil exec predicts 'severe recession' given the commodity is used in 'every product in our life'
Former Cumberland Farms Gulf Oil Group CEO Joe Petrowski warned that a “severe recession” in the United States should be expected in the coming months.
Oil will hit over $150 a barrel by summer: Former Cumberland Farms Gulf Oil Group CEO
Joe Petrowski warns a 'severe recession' should be expected in the coming months.
Former oil exec forecasts 'severe recession' given dependence on the commodity
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.
Gas prices hit new all-time high as EU considers blocking Russian oil, Biden keeps restrictions
Gas prices hit a new all-time high on May 10, 2022, amid rising inflation and President Biden's restrictions on oil and gas production. The prices come as the European Union edges toward oil sanctions on Russia amid the Kremlin's invasion of Ukraine. It also comes amid record-high inflation, with the consumer price index reaching 8.5% in March.
Gas prices could hit a new record high: Here's how to save
Prices at the pump started to slowly dip in recent weeks after hitting levels not seen in over a decade earlier this year, partly due to Russia's invasion of Ukraine.
Oil expert argues soaring prices a 'supply problem' caused by Dems
Canary CEO Dan Eberhart stresses the need for policies that support increased oil supply to alleviate prices at the pump.
Varney on inflation: Does anyone see a bottom?
'Varney & Co.' host Stuart Varney gives his 'my take' on inflation.
Consumers line up for cheap gas at Costco
Consumers have been turning to Costco for cheaper gas as inflation sits at 40-year highs.
Consumers turning to Costco for cheaper gas
Lipow Oil Associates President Andy Lipow explains how private drillers in the U.S. are stepping up amid record prices.
EU edges towards oil sanctions on Russia, no deal yet
European Union governments moved closer on Sunday to agreeing to tough sanctions against Russia that include a ban on buying Russian oil, but they scheduled more talks for Monday to work out how to ensure that countries most dependent on Russian energy can cope.
US national gas average jumps again, reaches $4.38 per gallon
The average U.S. price of regular-grade gasoline has jumped 15 cents over past two weeks to $4.38 per gallon.
US needs better policies to reduce oil price surge, American Gas Association president warns
American Gas Association President Karen Harbert told FOX Business that the U.S. needs better infrastructure and economic policies to produce natural gas.
American Gas Association President: US needs better infrastructure, policies to produce natural gas
American Gas Association President Karen Harbert argues that the U.S. needs better infrastructure and economic policies to produce natural gas.
American Gas Association President: Natural gas ‘here to stay’ as ‘cleanest option’
American Gas Association President Karen Harbert says the demand for natural gas has surged.