Biden just put the US in a ‘very precarious position’ with another sale of reserve oil, CEO warns
American Petroleum Institute's Mike Sommers argues Biden tapping into the oil reserve could put the U.S. in a "very precarious situation" with "dramatic geopolitical upheaval."
Former Keystone pipeline worker rips Biden after comments on oil production
A pipeline welder who worked on the Keystone XL project slammed President Biden on Wednesday after the White House announced measures intended to lower gas prices.
Energy experts say Biden plan to refill oil reserve could take years, won't fix policy problems
Energy experts and reps panned President Biden's plan to refill the SPR as not enough to provide true energy security after his releases from the cache.
Biden defends US oil reserve release to fight rising gas prices before midterms: 'Not politically motivated'
President Biden announced Wednesday that his administration would be releasing an additional 15 million barrels of oil from the nation's strategic reserves.
UK inflation accelerates to 40-year high as food prices rise
Inflation has caused British food prices to soar at the fastest pace in over 40 years through the month of September, causing demands that the government step up to help citizens.
High gas prices force Las Vegas bakery, founded in 1959, to make changes: 'The abnormal feels normal'
Spending thousands of dollars in gas each week, Freed's Bakery in Las Vegas had to cut back on deliveries and raise prices, while some employees cut hours to save on commute costs.
White House claims Americans save $420 million at gas pump despite high prices
White House press secretary Karine Jean-Pierre touted savings at the gas pump on Tuesday despite elevated gas prices from two years ago.
Missouri latest state to divest from BlackRock over ESG initiatives: 'Woke political agenda'
Missouri State Treasurer Scott Fitzpatrick announced his state's retirement system would sell $500 million in pension funds managed by BlackRock over the bank's left-wing initiatives.
US government says all Americans will pay much more for natural gas this winter
A new report from the Energy Information Administration (EIA) indicates that Americans can expect to pay higher fees for natural gas this winter.
New England risks winter blackouts as gas supplies tighten
New England, known for its cold winters, is at risk of rolling blackouts this winter because of increased competition with the European Union for liquified natural gas.
Average American family has now lost $6,000 in annual wages under Biden due to inflation
The average American worker has lost $3,000, and the average family has lost $6,000 in annual wages, thanks to rising inflation under President Biden.
Russia's Putin says he has nothing to do with European energy crisis
Russian President Vladimir Putin claimed he and his war in Ukraine have nothing to do with the energy crisis plaguing Europe as nations brace for winter.
Pushing back against ESG movement, conservatives propose pro-fossil fuel board member for Exxon Mobil
A conservative group wants a pro-fossil fuel lawyer and scientist on the board of Exxon Mobil Corp., in an effort to confront an "insurgency" of pro-ESG members
California accuses oil industry of price gouging, Valero hits back
Valero is denying California regulators' accusations of price gouging amid a drop in crude oil prices, pointing instead to the state's regulatory environment.
Larry Kudlow: Did someone say economic security — or did someone say stupid?
FOX Business host Larry Kudlow rips President Biden's economic and energy agenda as Americans continue to face inflation on "Kudlow."
Biden blames Russia, Saudi Arabia for rising gas prices, takes credit for recent dip
President Biden, speaking at a Volvo manufacturing plant in Hagerstown, Maryland, on Friday, blamed OPEC+ for the country's inability to lower historically high gas prices nationwide.
Ro Khanna urges Biden to get tough on Saudi Arabia after OPEC oil cut: To do this to America is 'outrageous'
Rep. Ro Khanna, D-Calif., said Biden's priority is to lower gas prices and he should get tougher on Saudi Arabia after OPEC moves to cut oil production.
UK warns of three-hour winter blackouts if gas supplies fall short
The U.K. national power operator has warned that citizens should brace for up to three-hour energy blackouts this winter in the 'unlikely' event gas supplies dwindle.
Biden looking at 'alternatives' after OPEC 'disappointment,' doesn't rule out easing Venezuela sanctions
President Biden told reporters the decision by OPEC+ was a 'disappointment' and said the White House was looking for other 'alternatives.'
Biden would rather deal with ‘international killers’ than work with American drillers, argues Sen. Hagerty
Republican Senator Bill Hagerty of Tennessee addresses the energy policy of the Biden administration and how it has impacted America's erratic oil market.