Energy

Companies, governments and individuals buy offsets, or allowances, to reduce their carbon footprints. Allowances, credits and offsets all refer to the same thing.

Organizations representing the oil industry and workers ripped President Biden after he vowed to block new fossil fuel drilling, saying he should focus on policy, not politics.

Mike Rowe and a former Keystone XL pipeline worker warn that Democrats' anti-fossil fuel agenda is "bad news" for your personal economy and the inflation story.

President Biden told a protester at the end of his rally in support of Democratic Gov. Kathy Hochul that there would be no more drilling.

President Joe Biden's tweet about the "most common" gas prices was slapped with a fact check Sunday to provide some more clarification.

White House press secretary Karine Jean-Pierre says that Biden's comments on coal had been "twisted" to "suggest a meaning that was not intended.”

New Hampshire Democrat Maggie Hassan urges 'balance' as the U.S. makes the transition to a clear energy economy as concerns mount over rising energy costs.

President Biden said coal plants across the country will be shutting down, arguing that it saves them a "hell of a lot of money" to shift to wind and solar.

Largest U.S. refiner Marathon Petroleum Corp aims to operate its system at 93% of combined oil processing capacity, a cooler pace as it completes maintenance work at some plants.

US exports to Asia likely to reach a record 1.8 million barrels per day. Demand is led by China, India, and South Korea and a demand for more diesel fuel.