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The Biden administration moved closer Thursday to a final decision on offshore oil and gas drilling which could lead to a scenario without any lease sales on federal waters through 2028.

Rising interest rates mean rising costs of servicing the national debt, which eclipsed $31 trillion -- interest payments on the debt may exceed $500 billion.

OPEC+ announced it will cut oil production by 2 million barrels per day, constricting global oil supplies and likely leading to increased gas prices in the U.S.

The Biden administration is gearing up to release the application for its student loan forgiveness program, which has faced a slew of lawsuits from GOP-led states.

President Biden is reportedly in talks with Venezuela to ease sanctions against the authoritarian regime and allow Chevron to resume its operations in the country.

Fox Business host Larry Kudlow breaks down the impact of Joe Biden giving OPEC back our powerhouse title while Americans continue to pay high gas prices on 'Kudlow.'

The U.S. Oil & Gas Association on Wednesday suggested that President Biden is now forced to turn to the U.S. oil industry after tapping out strategic reserves and OPEC+ cut production.

The White House is hoping transitions to clean energy and continued dips into the strategic oil reserves will help offset OPEC's decision to cut back oil production.

President Biden said he will release 10 million barrels from the Strategic Petroleum Reserve in November to counter the OPEC+ oil cuts.

FOX Business' Stuart Varney discusses the impact of OPEC+ cutting oil production on U.S. gas prices and President Biden's climate plans ahead of the 2022 midterm elections.

Congressional lawmakers blasted the United States's continued reliance on foreign energy after OPEC+ agreed to slash oil production by more than two million barrels a day.

Newt Gingrich analyzes the ongoing FBI inquiry into Hunter Biden's laptop, the inflationary spending of the Biden administration, and other political news.

Consumers should gear up for higher gasoline prices as a result of foreign oil production cuts and a series of domestic factors that are limiting supplies, according to energy analysts.

Wall Street firms predict a sharp decline in U.S. home prices in coming months as the Federal Reserve raises interest rates at the fastest pace in decades.

Melinda French Gates discussed her and Microsoft co-founder Bill Gates' divorce in a recent interview with Fortune, describing it as "unbelievably painful."

Samsung has added former President Trump’s Truth Social to its Galaxy app store, despite still working on getting the platform into Google's store.

Oil industry leaders wrote a letter to Energy Secretary Jennifer Granholm on Tuesday, urging her to take an oil export ban off the table amid high energy prices.

FOX Business host Larry Kudlow gives his take on the state of the American economy and voices his concerns over President Biden's deals with Iran on "Kudlow."

Federal Reserve Governor Philip Jefferson said on Tuesday that central bank policymakers are "resolute" in wrestling inflation back under 2% with higher rates.

FOX Business' Stuart Varney discusses the price Americans have to pay for the Democrats' energy politics as gas prices surge nationally and OPEC eyes production cut.