White House snubbed by OPEC, exploring options
The White House is exploring its options after OPEC+, a group of the world’s largest energy producers, moved ahead with planned production increases, ignoring President Biden’s plea to pump out more oil.
Oil prices fall as data shows big build in US inventory
Oil prices fell on Wednesday as industry data pointed to a big build in crude oil and distillate stocks in the United States, the world's largest oil consumer, and as pressure mounted on OPEC to increase supply.
As gas prices surge, Big Oil climate change hearing tone-deaf
Big oil CEOs are getting a wrist slap on climate change by members of Congress but what about sky high energy prices?
$83 oil shifts from economic bright spot to villain
Oil cruised past the $83-per-barrel level, threatening to slow the post-pandemic economic recovery.
Copper prices setting up for record surge
Commodity traders are rotating out of oil and into industrial metal copper setting it up for a hot cycle.
Delta says fuel price surge will cause quarterly loss
Delta Air Lines said rising jet fuel prices were likely to stunt the airline’s recovery from the COVID-19 pandemic.
Higher oil, energy prices 'here to stay,' analyst says
The Schork Group principal Stephen Schork explained the “new normal” for oil prices.
White House wants OPEC+ to 'do more' to address energy crisis: report
The White House is still pushing OPEC+ members to boost oil production amid a global energy crisis that has pushed gas prices to their highest level in years, according to an administration official.
Oil hits $80 per barrel a seven year high
Oil has not been this high since 2014.
White House: No actions planned to address gas price surge
The White House does not currently plan to take action to alleviate gas prices that have surged to seven-year highs, deputy press secretary Karine Jean-Pierre told reporters on Thursday.
$100 oil talk pushes Department of Energy into panic mode
As oil and gas prices surge, the Department of Energy is doing damage control.
The Dale Brothers encounter unexploded dynamite while scoping out potential $100M gold mine
The Dale Brothers continue their search for gold at Montana's B&H mine on 'American Gold.'
US considering releasing emergency oil reserves to lower gas prices, Granholm says
The Biden administration is mulling a release of emergency oil reserves to ease a global energy crisis that has resulted in surging prices, Energy Secretary Jennifer Granholm said on Wednesday.
Oil gushes to highest since 2014
OPEC is toying with the global oil markets and prices are climbing.
Heating costs may triple as nat gas, propane shortage looms
Oil and propane inventories are shrinking leaving the U.S. undersupplied as the winter heating season looms.
Oil will climb to $90 by year-end: Goldman Sachs
Goldman Sachs Group Inc. raised its forecast for global crude oil prices due to supply disruptions in the Gulf of Mexico and signs of strengthening demand.
Gas supply and demand hitting prices, not ‘pandemic profiteers,’ as Biden claims
Gas prices are rising, and economics 101 explains why -- and it has little to do with "pandemic profiteers" say, experts.
Americans brace for utility bill sticker shock
Costs for oil, natural gas and electricity are climbing, creating a perfect storm for America's utility bills.
Aluminum prices soar in new construction headache
Soaring aluminum prices are among the things contributing to builders delaying projects.
Chevron commits $10 billion to low-carbon projects
Energy giant Chevron unveiled plans Tuesday to invest $10 billion toward low-carbon business initiatives through 2028 amid mounting pressure on producers to adopt climate-friendly practices.