Biden declared 'all-out war’ on oil: Sen. Marshall
Sen. Roger Marshall, R-Kan., argues that affordable energy makes "this economy run" and President Biden has declared an "all-out war" on the entire industry.
US House considers ban on Russian oil as conflict in Ukraine escalates
Rep. Kevin Brady, R-Texas, discusses the U.S. House working on a bill to ban Russian oil amid rising gas prices and Congress facing a deadline to fund the government as Biden asks for more COVID relief.
Gas prices above $4 per gallon as Russia-Ukraine war impacts supply, disrupting global market
The U.S. national average for a gallon of regular unleaded gasoline hit $4.009 on Sunday.
Oil traders eye $200 per barrel this month: report
Oil traders believe the ongoing Russian-Ukraine war and its international fallout could drive up prices this month, with some optimistic traders eyeing a price over $200 per barrel.
Shell promises profits from trading Russian oil will go to charity
Shell PLC said it would donate profits from purchases of Russian oil to efforts to alleviate the humanitarian crisis in Ukraine, after an outcry over the company’s bid for a cargo of Russian crude.
Elon Musk calls for Europe to restart its nuclear power stations: 'critical to international security'
Tesla co-founder and CEO Elon Musk on Sunday said Europe must reboot its nuclear power stations for the sake of national and international security.
Oil hits 13-year high as Blinken signals openness to a ban on Russian oil imports
Oil prices surged to a 13-year high on Sunday as U.S. officials signaled an openness to a ban on Russian oil imports amid Putin's invasion of Ukraine.
Shell makes 'difficult' decision to purchase Russian crude oil, vows to buy elsewhere 'whenever possible'
Shell oil company released a statement Saturday saying it is “appalled” by Russia’s aggression in Ukraine and will do what it can to avoid purchasing oil from Russia while acknowledging that it recently did purchase crude oil from the country.
Commodities have best week ever as Russia, Ukraine sparks buying
Commodities just turned in their best weekly gains ever.
Private sector's Russia divestment has been 'remarkably swift,' expert says, as Biden drags feet on oil ban
Private corporations have been "remarkably swift" at pulling business from Russia after its invasion of Ukraine, experts told FOX Business.
Elon Musk calls for increase in US oil, gas production to combat Russia despite negative effect on Tesla
Tesla co-founder and CEO Elon Musk called on the United States to increase its domestic oil output in response to Russia’s invasion of Ukraine while also acknowledging that his electric car company would be negatively affected by that move.
Ukraine invasion: US gas prices jump as oil surges
Gas prices had their single largest day increase since 2016 on Thursday, according to AAA data.
Rep. Wittman warns of 'long-term impact' on energy market amid Russia-Ukraine war
Rep. Rob Wittman, R-Va., discusses the U.S. importing Russian oil amid war in Ukraine as gas prices surge, arguing the administration needs to think of 'long-term solutions' to free up American energy.
Real 'oil shock' is coming: Economics professor
University of Louisville economics professor Alexei Izyumov predicts the oil market will bring inflation and interest rates even higher.
Russia-Ukraine war: More US drilling has never been on table, US labor secretary says
U.S. Labor Secretary Marty Walsh said that increased domestic drilling amid the Russian invasion of Ukraine has never been on table.
Former Pompeo senior adviser: You can't appease dictators
Stephens INC senior policy adviser Mary Kissel warns of 'cascading crises' as the Biden admin nears a deal with Iran on a nuclear agreement and President Vladimir Putin's rising aggression in Ukraine as U.S. continues to import Russian oil.
Expert schools Biden admin on energy industry amid ‘crazy’ and ‘dangerous’ moves
Senior energy analyst at The PRICE Futures Group Phil Flynn argued that the stakes in the global oil market “have never been higher” as the war between Russia and Ukraine escalates and with the potential of a U.S. nuclear deal with Tehran.
Russian oil imports to US ‘stained with Ukrainian blood,' says Rep. Nancy Mace
Rep. Nancy Mace, R-S.C., weighs in on the Russian war in Ukraine.
Oil prices rise as escalating Ukraine conflict raises supply concerns
Oil prices rose as the Russia's invasion of Ukraine escalated after a Ukrainian nuclear power plant, Europe's largest, caught on fire after an attack from Russian troops.
Republicans, energy experts say Keystone XL cancelled by Biden would have helped lessen need for Russian oil
The Keystone XL pipeline was halted by the administrations of both President Obama and President Biden which critics, including one expert who spoke with Fox News, say only exacerbated the current predicament the United States faces as it continues to purchase oil from Russia as it invades Ukraine, a U.S. ally.